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      State Street

      Engaged Employer

      State Street reviews

      3.4

      59% would recommend to a friend

      (10,475 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 10,475 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
      Dec 11, 2011

      Ok place to work while you're looking for another job

      Officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      - good benefits - good treatment by management - nice and friendly co-workers

      Cons

      - hiring freezes limit opportunities within the company - promotion and pay increase freezes - bad communication about decent opportunities in other areas - bad internal politics, resistance from support units to go above and beyond in customer service, which makes working on projects with them very unpleasant - lack of growth in certain businesses, as directed by senior management, which is very questionable - the work is not that interesting, as it involves a lot of repeating tasks - use of bad and faulty technology

      1.0
      Dec 9, 2011

      Ended up not caring about my work ethic because management could care less about me.

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Consistent paycheck, decent benefits, worked from 7-3 (good hours for me)

      Cons

      Went from 36.25 hours a week to having to work 40 with no compensation in pay. (same pay check more hours) Management is hired by whomever is will to take the grunt work. Hint *Don't take a management position here, just keep getting raises and you'll make just as much as them. They hire young kids that could care less about their jobs. Management give perks and special treatment to some employees and not to others. Most jobs are being sent to India so work load is consistently being changed and becoming very mundane which also leave little room for advancement.

      2.0
      Dec 5, 2011

      Good entry level, that's about it

      Fund accountant, associate i
      Recommend
      CEO approval
      Business Outlook

      Pros

      -good entry level positions: I was hired with no job experience or designation -good benefits -good people -it seems to be difficult to be fired(see point below for unfair work levels)

      Cons

      -low pay -promotion is based on seniority -senior management continually promises promotion and that hard work is noticed but it isn't -high turnover -increasing workload + people quitting + hiring freeze = overworking existing employees -senior management only cares about cutting cost by pressuring employees not to stay overtime to complete impossible amounts of work -"flex time" marketed as "work life balance" but transparently only a way to avoid paying overtime -unfairness in work levels: incompetent employees are given less work, more help and the same pay as equal level competent employees who are expected to perform at a higher level -company has lots of events that are impossible for fund accountants to attend due to hours and workload

      Viewing 10033 - 10035 of 10,475 Reviews
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      Glassdoor has 11,911 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.