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

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
3.0
Jun 3, 2011
Recommend
CEO approval
Business Outlook

Pros

Work From Home arrangements Career advancement opportunities Promoting from within Benefit package (excluding compensation) is above average

Cons

Email. Email. Email. Everyone receives over 200 a day and it never stops. Pick up the phone already. In today's economy it's a CYA environment. This starts from the Sr Mgt; let's worry less about placing blame and institute appropriate controls instead. Although the notion of cost cutting is impressive, cutting costs by offshoring activities is going to come back to haunt State Street. The level of service provided by State Street's JV is sub par at best.

1.0
May 17, 2011
Recommend
CEO approval
Business Outlook

Pros

Benefits are great and the right off the street possibility to work with the biggest clients. Other than that it’s really fast paced and well technologically equipped place.

Cons

The high rollover at State Street is really certified by the fact that people that are with company about three years are considered long ‘distance runners’ and treated as a knowledge compendium. I have seen too many good talents to leave because of the low pay grade and almost no way for promotion. Consider this company as a good start up but do not stick for longer.

3.0
Feb 10, 2011
Recommend
CEO approval
Business Outlook

Pros

Good benefits, more vacation days than industry Flexibility, work life balance, ability to work from home Plenty of leisure, good hours

Cons

Work is pretty mundane and not challenging, big company, too many people competing for promotions, things boil down to politics and sucking up mangers more than performance. While the pay is good enough for the amount of work, it is less compared to industry, not a place for ambitious types.

Viewing 559 - 561 of 10,489 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.