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      State Street

      Engaged Employer

      State Street reviews

      3.4

      60% would recommend to a friend

      (10,487 total reviews)
      avatar

      Ronald O’Hanley

      70% approve of CEO

      57% positive business outlook

      Ratings by demographic groups

      State Street has an employee rating of 3.4 out of 5 stars, based on 10,487 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
      Oct 15, 2012

      A good place to stay 3-5 years

      Officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      There is room to grow through internal movement, but you have to be aggressive about it. You need to move around business areas and not within team to really become valuable and learn more skills otherwise it will be difficult to market yourself to other companies.

      Cons

      Terrible pay increases when you move internally. You have to leave after 3-5 years to really move ahead and get comprable market pay.

      3.0
      Oct 14, 2012

      Fund Administrator

      Fund administrator
      Recommend
      CEO approval
      Business Outlook

      Pros

      Flexible work schedule. Above average benefit package. Excellent place for undergraduates to get experience.

      Cons

      Limited growth and development to enhance career. Too many middle managers and not enough associates to get work completed. Extremely low pay! Seldom promoting from within the group.

      3.0
      Oct 13, 2012

      Lip-service to innovation, but comes up short

      Fund accountant, associate i
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Lack of a face-time culture: You get your work done, then you're free to leave. - Low expectations: Expect to be treated like a genius if you can use a pivot table - Amicable people and young, hip staff - Lots of opportunities for training and development - Nice facilities - Lots of social clubs and opportunities to network

      Cons

      - Level of technological savvy is alarmingly low for a company so dependent on systems; especially among AVP+ level staff, but really true across-the-board - Production is king: Think of this as being an assembly line or a glorified sweat-shop; Any and all time spent on process improvements is simply not rewarded - There is no real push, at any level, for us to work better, faster and more efficiently unless something totally blows up and costs the bank money. Proactive, long-term thinking is notably absent. - Local management-level communication of strategic direction is poor; expect to be treated like a mushroom - "Churn and burn" culture; one HR manager told me that ~30% of new hires are expected to leave or be fired - "Meat-head" culture; conversations are ~90% about sports; aspiration toward higher education is treated with suspicion - Work is rather tedious, but at the same time medium-high stress

      Viewing 9862 - 9864 of 10,487 Reviews
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      ReviewsState Street reviews

      Glassdoor has 11,923 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.