State Street reviews

3.4

60% would recommend to a friend

(10,494 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 10,494 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
Jun 14, 2010
Recommend
CEO approval
Business Outlook

Pros

Provides an opportunity to gain valuable industry experience. Open to hire people from all backgrounds and education level. Amazing benefit package, health care and 401K is above industry standard. Perfect for people who just want to get by, plenty of downtown to work on graduate school homework and watch Netflix throughout the day.

Cons

Where to start! Compensation is point one and the most important aspect of why SS is the worst place to work. PA starts at 30K, senior at 34K... bonus (although tough times) is INCREDIBLY low. If you have a college degree, especially one from a prestigious or respected institution, have fun working with people who have associate degrees from community colleges or better yet, a high school diploma. Casual culture to the max, not for people who are ambitious. Jeans and tee shirts are the norm in the summer. It is aweful. No one to look up to in management, they are simply in their positions because of the time spent at the company, not based on merit in any sense.

1.0
Jun 1, 2010
Recommend
CEO approval
Business Outlook

Pros

I can nap at work because I literally do nothing (In fact I am at work now!)

Cons

This place is the biggest joke EVER. DO NOT WORK HERE. I was hired 5 months ago and literally do not do a thing. I thought this would be a decent job out of college and it sucks. I sit at my desk all day and pretend to do work when there is none. We have 5 people in our team "handling faxes and interacting with clients" but we really only need 1. Nothing comes in on the faxes and I rarely speak with anyone. I am usually so bored at work that I really don't care if I even do the work. Employees take 2-3 hour lunches because nothing ever happens. Some employees may pretend it's busy but in reality there is no way! If you want to sit around and waste your life work here. You'd be better off being the janitor in the building.

1.0
May 26, 2010
Recommend
CEO approval
Business Outlook

Pros

A flexible work schedule is appreciated at State Street Back and Trust. That fact coupled with a nice benefits package is the extent of the pros.

Cons

Sadly, the company is far too large and therefore you have many bodies holding down positions for years and making it impossible for younger talent to move up in the ranks.

Viewing 568 - 570 of 10,494 Reviews

Glassdoor has 11,930 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.