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      State Street

      Engaged Employer

      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

      Ratings by category

      3.6

      Diversity & inclusion

      3.4

      Work/Life balance

      3.3

      Culture & values

      3.2

      Career opportunities

      3.1

      Compensation and benefits

      3.0

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      10K reviews
      3.0
      Dec 14, 2008

      Typical East Coast Corporation

      Unit manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      A politically correct company that encourages promotions of women, minorities, non-US passport holders and support community philanthrophy programs.

      Cons

      Typical East Coast corporation. When cuts are made, it is rarely at the corporate overhead levels, too many senior officers that are away from operation centers (distant from business needs).

      4.0
      Nov 16, 2008

      Great stable buy-side bank.

      Fund accounting manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      This large, stable, American financial services company is an excellent place to develop a long term career within the so-called buy-side of the street. The company's focus on institutional investors provides opportunities to learn about complex investment strategies used by sophisticated investors, yet still allow a decent work-life balance away from work.

      Cons

      This company is very much Boston-based. Away from Massachusetts, opportunities for advancement are few and a branch office mentality is evident. The company does not do an effective job at retaining young talent, often giving them great assignments to develop themselves, only to see them walk away for more money in different departments or competitors.

      3.0
      Sep 29, 2008

      Work hard and you will move up - however the poor compenstaion is unfair.

      Fund accounting manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      State Street is a good company for an entry level employee/recent graduate as many of your peers will be in the same situation. Good place to learn how to conduct oneself in the workplace and see the dynamics of a large corporation.

      Cons

      The pay is the worst. Almost insulting. Management is always looking to find out why there is high turnover etc. I feel that some of the turnover from high performers is due to the lack of compensation. It is all well and good to be told you are doing a good job but not getting paid fairly for it is demoralizing.

      Viewing 580 - 582 of 10,494 Reviews
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      ReviewsState Street 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.