Does State Street pay their employees well?

According to anonymously submitted Glassdoor reviews, State Street employees rate their compensation and benefits as 3.1 out of 5. Find out more about salaries and benefits at State Street. This rating has been stable over the past 12 months.

How satisfied are employees working at State Street?

59% of State Street employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated State Street 3.4 out of 5 for work life balance, 3.3 for culture and values and 3.2 for career opportunities.

What are the top reviewed jobs at State Street?

Senior Associate (858) , Fund Accountant (445) , Associate (417) , Vice President (397) , Officer (378) , Assistant Vice President (266) , Intern (167) , Associate II (166) , Associate-2 (164) , Manager (153) , Analyst (147) , Business Analyst (127) , Assistant Manager (116) , Senior Fund Accountant (111) , Team Leader (96)

What are the pros of working at State Street according to real employee reviews?

"Good work life balance with the ability to work from home once established as a good performer." ((in 865 reviews)); "Good benefit 3 weeks paid vacation + health and dental + paid for your continuing study like CPA or CFA" ((in 652 reviews)); "Easy to move around because so many people leave which is great early in your careeer" ((in 614 reviews)); "You get to work from home and very flexible" ((in 339 reviews)); "My team was great and not toxic" ((in 191 reviews))

What are the cons of working at State Street according to real employee reviews?

"The overall work attitude is very negative due to the tedious work and low pay." ((in 751 reviews)); "Low salaries compared to competitors and almost zero chances to relocate abroad to have international experience." ((in 636 reviews)); "Poor management of conflicts (Management has no interest in resolving conflicts.. they are only concerned about workload being completed or not)" ((in 505 reviews)); "hours are long and hard" ((in 209 reviews)); "The hours can be stressful and they have some bad managers" ((in 197 reviews))

What are employees saying about State Street layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about State Street layoffs and their outlook for job security at State Street in 2026.

What are the top reviewed State Street locations?

Boston , Quincy , Kansas City , Sacramento , New York , Hadley , Irvine , Berwyn , Princeton , North Quincy , Atlanta , Clifton , Burlington , Alameda , Austin , Cambridge , Jacksonville , South Boston , Poland , Philadelphia , Stamford , Malvern , Chicago , Phoenix , Dallas , Los Angeles , Newport Beach , Seattle , Miami , Malden

State Street reviews

3.4

59% would recommend to a friend

(10,467 total reviews)

Ronald O’Hanley

69% approve of CEO

56% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

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

2.0

Jan 1, 2011

Not a place that pays enough to live in this state.

Associate ii

Recommend

CEO approval

Business Outlook

Pros

Decent benefits package. 100% 401k matching up to 6% of salary (option of regular 401k, Roth 401k, or some combination of both). Can be fun place to work (thanks to co-workers).

Cons

Salaries very low and stagnant for the past 2+ years. Constant layoffs. The 2 cons listed above lead to very low morale lately. Hours increased to 40 hours per week but they still pay at the same rate as 36.25 hours. Management doesn't practice what they preach. Poor communication from management. Not much opportunity for advancement.

2.0

Dec 29, 2010

Lay off

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good place to learn. Especially if you are fresh out of school. Little advancement. Nice people in general.

Cons

Recently mass lay off every year. Low pay. Outsourcing to India. And before you leave, you are to train the Indians that are taking away your job.

4.0

Dec 24, 2010

Very low pay, but nice people

Fund accountant

Recommend

CEO approval

Business Outlook

Pros

The people I work with are helpful and friendly. I like all of them. Learn some financial terms and about mutual funds Improve Excel and typing skills. Easy to get hired, regardless of your background.

Cons

I made more money babysitting than doing fund accounting at State Street. The low pay motivates me to take it easy and not work too hard, as I don't want to be taken advantage of by overworking and stressing out for $32k. I have 2 other jobs to supplement my fund accounting job so I can live. Most of my coworkers still live with their parents and have pt jobs too.

Viewing 10165 - 10167 of 10,467 Reviews

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State Street

State Street reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Not a place that pays enough to live in this state.

Lay off

Very low pay, but nice people

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Jobs at State Street