State Street reviews

3.4

60% would recommend to a friend

(10,496 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 10,496 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
May 27, 2025

Stuck in the 90's

Recommend
CEO approval
Business Outlook

Pros

It is a good place to learn when you're fresh out of college.

Cons

In office mandates, horrible pay, senior managers keep increasing their compensation significantly annually while majority of employees get no pay increase or very little increase annually, it is difficult to advance unless a higher level position opens up, as promotions without open positions is not allowed, regardless of how are you work. There is no work life balance. Work is 8-10 hours per day, commute varies but many commute over an hour each direction.

2.0
May 27, 2025

SSB Toronto

Recommend
CEO approval
Business Outlook

Pros

⸻ Role Review: Financial Analyst During my time in this role, I gained solid exposure to core financial reporting processes and cross-functional collaboration. The position offered valuable hands-on experience with month-end close activities, variance analysis, and working with large data sets. However, there were notable challenges on the support and leadership front that are important to highlight. Key Concerns: • Lack of Training & Support: One of the most significant drawbacks was the lack of structured onboarding or ongoing training. Senior officers were often unavailable for guidance, which made it difficult to ramp up efficiently. Much of the learning had to be self-directed or obtained informally through peers. • Limited Engagement from AVPs: Many Assistant Vice Presidents (AVPs) consistently logged off early or were not actively engaged in day-to-day activities. This created a noticeable gap in leadership presence and mentorship, which is especially problematic in a complex reporting environment where junior staff rely on senior input for development and issue resolution. Work Culture: • The team had intelligent and capable individuals, but the overall culture leaned heavily toward independence without the necessary infrastructure to support that autonomy effectively. • There was a tendency to prioritize deadlines over development, which may suit experienced hires but presents challenges for those early in their careers. Summary: This role may be suitable for someone who is highly self-sufficient and has prior experience in financial reporting or analysis. However, for those seeking mentorship, collaborative leadership, or structured career development, the current environment may fall short of expectations. Clearer expectations and more active involvement from senior staff would significantly improve the experience and effectiveness of the team.

Cons

Key Concerns: • Lack of Training & Support: One of the most significant drawbacks was the lack of structured onboarding or ongoing training. Senior officers were often unavailable for guidance, which made it difficult to ramp up efficiently. Much of the learning had to be self-directed or obtained informally through peers. • Limited Engagement from AVPs: Many Assistant Vice Presidents (AVPs) consistently logged off early or were not actively engaged in day-to-day activities. This created a noticeable gap in leadership presence and mentorship, which is especially problematic in a complex reporting environment where junior staff rely on senior input for development and issue resolution.

Viewing 703 - 705 of 10,496 Reviews

Glassdoor has 11,932 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.