State Street reviews

3.4

59% would recommend to a friend

(10,465 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 10,465 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
1.0
Sep 28, 2010
Recommend
CEO approval
Business Outlook

Pros

The location is good. That's really it.

Cons

Employees are treated like cattle. The name "State Street" is toxic to your resume, every employer knows they can give you lowball offers as everyone knows state street pays terrible salaries. Entry levels can make as low as 30K, Senior Associate (Managers/supervisors) can't make over 60 Benefits are lousy, $100 ER copay, no stock options or even discounted stock purchase Lucky to get a 2-3% raise as a "consitently exceeded expectations" employee if you get promoted or transfer to a new dept you are capped at a 10% salary adjustment, but if you turn down the offer they'll hire an external at 20,30+% or what you make.

4.0
Sep 21, 2010
Recommend
CEO approval
Business Outlook

Pros

I enjoyed working at State Street Bank and Trust. There were great people, it was a nice office, and there were lots of company events.

Cons

I feel like there was little room for growth, and management wasn't always fair. Also Fund Accounting can be mind numbing.

Viewing 10192 - 10194 of 10,465 Reviews

Glassdoor has 11,900 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.