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
Dec 13, 2010
Recommend
CEO approval
Business Outlook

Pros

great people reasonable working hours good salary in comparison with competitors

Cons

mundane work low development opportunities

1.0
Dec 13, 2010
Recommend
CEO approval
Business Outlook

Pros

Decent training if you have the time and your management allows Benefits package is average Boston locations are all near or literally on top of MBTA stations Work from home and flexible work arrangements are great if you can get them

Cons

No work-Life balance, flexible work arrangements are a mirage Pay is awful and God help you if you are salaried because $50k for 70 - 80 hour work weeks just doesn't cut it. There is no compensation for working weekends, nor any hope of a promotion for doing so yet staff is so tight it is often required to complete the workload. If you manage to stay long enough to have a comfortable salary, they will just lay you off and replace you with somebody's cousin. The number of "related" employees and/or "connected" employees is sickening, but it won't matter when they ship your job to India or KC (the US's equivalent of India). Upper management spends more time trying to maximize their bonus than being productive = far too many layers of management. People do dress like slobs: sweats, slippers, ripped polo shirts, flip-flops, t-shirts, sweatshirts, etc

1.0
Dec 11, 2010
Recommend
CEO approval
Business Outlook

Pros

You learn how the stock market/global markets works and how people use other people's money to make money for themselves. You will learn the value of accounting for your own life through this job as well as the value of saving money.

Cons

- Long hours. - Low pay. - Line managers are unhelpful and uncooperative. - Strange accounting practices. - Scratch the "long hours" part... Make that very long hours. - Cleaning up after other people's mistakes very common place during monthend.

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