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
3.0
Feb 3, 2013
Recommend
CEO approval
Business Outlook

Pros

It's a 45-hour per week financial services job. When you leave the office, you don't have to think about your job until you get back the next morning. And even then, you could easily get away with calling out or coming in late. If you can find a good few friends in the office, particularly in your group, it makes the job a lot more bearable. An added bonus is you can definitely work this day job to support an entrepreneurial venture of your own. You can also get away with working on your own stuff during down time - which there is a lot of throughout the day. Also good to take advantage of 401K match.

Cons

There are a lot of routines that become mundane over time. General ledger processes aren't very exciting. A lot of times it feels like you're a glorified data entry employee. And you're not even that glorified for it. But again, you know what you're getting at State Street. It's safe.

2.0
Jan 30, 2013
Recommend
CEO approval
Business Outlook

Pros

*Great place to get some experience on your resume *Benefits better than average *On site cafeteria, coffee shop, and fitness center *Work from home access *Managers are generally flexible with work hours and personal issues (experience may very upon which team you are on)

Cons

*Abysmal pay (after one promotion and three merit "increases" I still qualify for food stamps) *Annual layoffs *Constant outsourcing to India *Employees generally unmotivated *Senior Management totally unaware of difficulties in the lower ranks *High turnover and constant short staffing

Viewing 9808 - 9810 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.