State Street reviews

3.4

59% would recommend to a friend

(10,467 total reviews)
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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 10,467 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
Feb 23, 2011
Recommend
CEO approval
Business Outlook

Pros

Speaking for the office in Kansas City, this is a good place to begin a financial career at an entry level. The benefits (insurances, vacation, tuition reimbursement) are in line with most similar companies. The people overall are good to work with.

Cons

For entry level employees, there is paid overtime, which is a great benefit. For managers and above, overtime is not paid, but is definitely required. The demoralizing thing about it is that various groups have differing work hours. There are some groups that never work over 40 hours a week, whereas there are many others that work 50+ hours weekly, which has caused some rifts in the groups. Communication is also a major shortfall, whether it is communicating new ideas or tools, which groups tend to have to discover on their own, or from upper management discussing layoffs. The latest round of layoffs was announced in one sentence the middle of a multi-paragraph e-mail from the CEO.

3.0
Feb 17, 2011
Recommend
CEO approval
Business Outlook

Pros

I loved the work I did for my clients. The people overall were very nice. Benefits on the whole were good however State Street discontinued their pension plan.

Cons

Salary not competitive with the marketplace. State Street used to be a welcoming place to work. People accepted lower salaries in exchange for relative stability. Due to market turbulence and executive mismanagement State Street no longer offers a nurturing work environment and instead is squeezing all the work it can from its remaining employees.

Viewing 10144 - 10146 of 10,467 Reviews

Glassdoor has 11,902 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.