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      State Street

      Engaged Employer

      State Street reviews

      3.4

      60% would recommend to a friend

      (10,447 total reviews)
      avatar

      Ronald O’Hanley

      69% approve of CEO

      57% positive business outlook

      Ratings by category

      3.6

      Diversity & inclusion

      3.5

      Work/Life balance

      3.3

      Culture & values

      3.2

      Career opportunities

      3.1

      Compensation and benefits

      2.9

      Senior management

      State Street has an employee rating of 3.4 out of 5 stars, based on 10,447 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
      2.0
      Apr 16, 2014

      Zero regard for employees or their future.

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Financial services experience. The ‘big’ name of State Street – (which meant more before everything became centralized or work was being constantly outsourced). Commute is good if you live in the city.

      Cons

      Disturbingly low pay; know your worth before you accept a job here. High turnover, unexpected and surprise lay-offs, not all but most managers I’ve met either don’t manage or horde knowledge. You have to dig deep, long and far to learn something new and relevant since all the work is divided into Centers of Excellence. Horrible employee rating system which is totally sewed. Overqualified people working monotonous jobs.

      3.0
      Aug 4, 2024

      Recommend to people close to retirement only

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      -Decent Benefits -Flexible working arrangements -Good place to gain a lot of new skills

      Cons

      -Highly Political -Unethical behavior demonstrated by management -Promotions based on relationships not merit -Management devalues hard working employees by rewarding relationships over performance leaving highly performing employees feeling disconnected and unmotivated -Need to partake in groupthink or you will likely be put on an action plan or worse you may have your job eliminated -Management preaches a lot about having certain values but doesn’t lead by example -Company culture has become toxic -Company no longer sees their employees as their most valued asset

      3.0
      Mar 21, 2024

      Not so great

      Project manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      I still have a job

      Cons

      Compensation has been terrible for the last several years with most employees not getting an increase. Additionally this past January the company made a change to no longer allow in job promotions for certain levels after the annual cycle had completed. Over the years I have seen several good people leave over compensation. Only to hire a replacement, with less experience, for more money than the previous employee would have stayed for.

      Viewing 70 - 72 of 10,447 Reviews
      Related searches: State Street jobs | State Street salaries | State Street benefits | State Street interviews | State Street conversations
      ReviewsState Street reviews

      Glassdoor has 11,878 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.