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      State Street

      Engaged Employer

      State Street reviews

      3.4

      60% would recommend to a friend

      (10,489 total reviews)
      avatar

      Ronald O’Hanley

      70% approve of CEO

      57% positive business outlook

      Ratings by demographic groups

      State Street has an employee rating of 3.4 out of 5 stars, based on 10,489 company reviews on Glassdoor which indicates that most employees have a good working experience there. The State Street employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

      Reviews by job title

      10K reviews
      1.0
      Aug 19, 2011

      Can someone give me those 3 years back in my life?

      Fund accountant, associate i
      Recommend
      CEO approval
      Business Outlook

      Pros

      They only pro I can think of for this job is that it get's your foot into the financial industry.

      Cons

      Lack of communication from management, reliant almost entirely on emails. Training seldom reflect actual group specific tasks so you walk in pretty much unprepared to the job. If you change groups which often happens, what you learned in one seldom reflects what you will do in the next. What you learn is almost all arbitrary since the tasks that you preform require little to no principals of the subject, as to say the job is almost robotic. And one more thing, why do you need to print out so much paper!

      3.0
      Aug 3, 2011

      Fine, but changing for the worse . . .

      Officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Good career advancement opportunities - Flexible hours and worklife promoted - Good people to work with - technology positive (although wtih 850 announced layoffs...)

      Cons

      The company has undergone a significant change these past few years. The State Street of old is no longer, as it is now all about off-shoring core functions and doing more with less. While not a bad goal for stock-holders who enjoy nice quarterly returns, there is no clear path and everybody is nervous now about their own skin. Far cry from the "open door" and collaborative philosophies under Marsh Carter. Now it is all about expense control and zero-loss tolerance, even though the management practices and constant change / off-shoring / team shake-ups and "business transformation" directly challenges those goals.

      2.0
      Jun 30, 2011

      Mediocre

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great benefits and flexible scheduling.

      Cons

      Poor IT systems and support, poor managerial strategy and implementation of new initiatives.

      Viewing 556 - 558 of 10,489 Reviews
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      ReviewsState Street reviews

      Glassdoor has 11,925 State Street reviews submitted anonymously by State Street employees. Read employee reviews and ratings on Glassdoor to decide if State Street is right for you.