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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
      Nov 11, 2011

      Grass wasn't greener on the other side...

      Trade processor associate ii
      Recommend
      CEO approval
      Business Outlook

      Pros

      - good benefits - easy-going environment - good volunteer opportunities - insanely easy job

      Cons

      - very little advancement possibilities - communication between upper and lower associates seems non-existent at times - below market pay - low morale - cap at 10% pay increase when moving between departments

      2.0
      Nov 11, 2011

      It's pretty bad...enough said.

      Bank loan specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Large recognizable company - Decent place to launch a career for the first couple years - Plenty of entry-level opportunities available

      Cons

      - Among the lowest paying financial services firms in Boston - Work is not challenging or fulfilling, with lots of downtime during the day - Amount of work for most entry-level employees is rapidly decreasing due to a huge push for automation of procedures - Promotions are mostly based on seniority; your effort and enthusiasm toward the job does not count for much - Employees are constantly being shuffled around (my desk was moved multiple times in 2011) - Senior management is condescending; seems like most department-wide communication from them is either a lecture or a threat that something better get done - Management also provides no incentives for employees to go above and beyond - Mandatory that you pay money to wear jeans/dress casually on Friday, as much as $5 - Difficult to advance your career once at the Associate 2 level, even by moving to another part of the company

      Viewing 10039 - 10041 of 10,475 Reviews
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      ReviewsState Street reviews

      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.