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      State Street

      Engaged Employer

      State Street reviews

      3.4

      59% would recommend to a friend

      (10,467 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 10,467 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
      Jan 18, 2011

      Not a bad company

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      Flexible work arrangements are promoted at all levels.

      Cons

      Too much work at every level.

      2.0
      Jan 10, 2011

      When its good, its alright, when its bad, it is hell.

      Corporate actions processor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Best reason to work for State Street is the free gym membership and the canteen which serves low price meals. I guess the communication is good and they do have some good programs. The people are ok to work with however our department lost a lot of experienced employees due to other companies offering more money. State Streets answer was to do nothing and not adjust the pay structure. This has led a number of staff questioning if they will remain at State Street after the bonus is handed out. If they pay rise and bonus is poor, I can see that State Street revolving door to keep on spinning.

      Cons

      Poor pay that does not get reviewed with Market standards. Most employees paid £4-5k what they would usually get elsewhere. Poor Bonus despite our CEO telling us we are showing record profits and this is confirmed by articles in newspapers about how poor the bonus structure is. Our management structure is poor, whereby people promoted are not really known to be good managers. I would say possibly 2/3 out of 8 managers you can have are poor, lack direction and dont know what the word support means.

      2.0
      Jan 8, 2011

      Great place to start, terrible place to stay.

      Account administrator
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great benefits, low barrier to entry, laid back work environment, ability to "work from home", nice location. Repetitive work is soothing...

      Cons

      Promotions based on seniority instead of ability and initiative. Incompetent middle management. Illegal immigrant farm workers receive a higher salary.

      Viewing 10159 - 10161 of 10,467 Reviews
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      ReviewsState Street 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.