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      State Street

      Engaged Employer

      State Street reviews

      3.4

      60% would recommend to a friend

      (10,485 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 10,485 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
      Sep 17, 2012

      Fast Paced with lots of OT

      Fund accountant, associate i
      Recommend
      CEO approval
      Business Outlook

      Pros

      I got this job straight out of college and I learned a ton because I was working 60+ hours per week. Pay was okay and with overtime I was make quite a bit of money for a recent college grad, which was nice. Definitely learned how to deal with a stressful work environment quickly.

      Cons

      Overtime was excessive at times with little appreciation from management. Work could be repetitive with very little focus on improving efficiency. People tend to stay there a year or two and then move on to something with a better work life balance.

      3.0
      Sep 17, 2012

      Great experience but current direction is troubling

      It professional
      Recommend
      CEO approval
      Business Outlook

      Pros

      I've been there average amount of years and experience has been mostly positive. Bonus is good, benefits are about average for a financial company but above average overall. There is a good amount of mentoring and other programs available to employees. Flex work schedule is a great benefit as well.

      Cons

      As IT employee, current direction to outsource almost all IT functions to IBM India is questionable. There is probably a good strategic reason for it at executive management level but I just don't see company saving any money over it, and IBM India resources are not on par with average former State Street internal IT resources. If it takes 4 times a long for outsourced resource to do same job as US/UK local resource for 1/2 the cost - price to performance benefits are not being realized. Transition to IBM has created a condition where people with most experience and knowledge of the environment left or are leaving and IBM does not offer sufficient resources at the right level to pick up the workload. I cannot speak for other business areas, but for IT professionals my advise is to stay away from State Street at this time.

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      ReviewsState Street reviews

      Glassdoor has 11,921 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.