State Street reviews

3.4

59% would recommend to a friend

(10,472 total reviews)
avatar

Ronald O’Hanley

69% approve of CEO

56% positive business outlook

State Street has an employee rating of 3.4 out of 5 stars, based on 10,472 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
Aug 3, 2011
Recommend
CEO approval
Business Outlook

Pros

- Good career advancement opportunities - Flexible hours and worklife promoted - Good people to work with - technology positive (although wtih 850 announced layoffs...)

Cons

The company has undergone a significant change these past few years. The State Street of old is no longer, as it is now all about off-shoring core functions and doing more with less. While not a bad goal for stock-holders who enjoy nice quarterly returns, there is no clear path and everybody is nervous now about their own skin. Far cry from the "open door" and collaborative philosophies under Marsh Carter. Now it is all about expense control and zero-loss tolerance, even though the management practices and constant change / off-shoring / team shake-ups and "business transformation" directly challenges those goals.

2.0
Aug 3, 2011
Recommend
CEO approval
Business Outlook

Pros

Ability to take time off when needed and pretty good employee benefits. Generous 401k matching program but no 'pros' about the actual job.

Cons

Terrible place to work if you are looking to advance within the company. Good work/life balance, however, no recognition given to their best employees.

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Glassdoor has 11,908 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.