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      State Street

      Engaged Employer

      State Street reviews

      3.4

      59% would recommend to a friend

      (10,461 total reviews)
      avatar

      Ronald O’Hanley

      69% approve of CEO

      56% positive business outlook

      Ratings by demographic groups

      State Street has an employee rating of 3.4 out of 5 stars, based on 10,461 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
      2.0
      Apr 18, 2017

      Not great

      Assistant vice president project manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Generous vacation, very flexible WFH arrangements, casual dress, decent health and 401k benefits, industry name recognition, internal mobility.

      Cons

      Poor bonuses, deferred cash/stock bonuses over 4 years if you're VP or above, little to no annual merit increases. Very large company causing lots of red tape and pockets of terrible culture, lots of lifers who've never worked anywhere else and have a warped sense of reality and importance. Not a meritocracy, everything is seniority based. Worst of all: poor poor culture of condescending attitudes towards one another. Backstabbing, throwing people under the bus, yelling, and swearing common in meetings and conf calls.

      1.0
      Apr 12, 2017

      Avoid

      Officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      some fun, smart, down to earth people

      Cons

      incompetence at every level of the firm from senior management to help desk hotline. example: it took me 2 weeks after starting my job to be able to log into my computer. disintersted middle managers practically BEG senior management to lay them off so that they can get their deferred compensation packages (cash bonuses and stock). But senior management hesitates to get rid of these deadweights due to the upfront cost so there's a vicious feedback loop of hanging on to unmotivated underperformers who are further incentivized to perform poorly

      3.0
      Feb 8, 2017

      Sounded amazing when I started, but left wanting more...

      Client operations associate i
      Recommend
      CEO approval
      Business Outlook

      Pros

      Solid company culture and coworkers are generally nice and helpful. New technological initiatives seem to be moving the company in the right direction, even if it is being done so rather slowly.

      Cons

      Woefully behind technologically which requires a lot of extra work. Many different pieces of these legacy technology systems don't work everyday which causes major issues. Very poor pay... the benefits sounds great but don't make up for the lack of cash coming in after a few months. If you have an issue you aren't really allowed to solve it... it often gets escalated up to a senior team member. Managers/team leaders aren't really involved in developing you or your skills or even setting expectations properly but are quick to notice your shortcomings. Your work load will be doubled over time so the money you aren't make a lot of to begin with seems like even less over time.

      Viewing 91 - 93 of 10,461 Reviews
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      ReviewsState Street reviews

      Glassdoor has 11,895 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.