State Street reviews

3.4

59% would recommend to a friend

(10,472 total reviews)
avatar

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 10,472 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
Nov 9, 2014

At least its a job

Recommend
CEO approval
Business Outlook

Pros

There are a lot of smart people in the company to learn from - but be quick before they leave.

Cons

Poor direction, breakdown of communication around the company, taking too many shortcuts to 'functionalise' the business. Rolling out and signing off changes to Op model by people who do not understand the current controls, and why they are in place. This results in lots of custom workarounds developed by varous smart people in the company, to accomodate the crap we are left to deal with. Control structure is changing. Previously people with an appropriate level of experience/knowledge in their respective area would signoff work on a daily basis. Now this is being rolled out to low cost centres, which in itself can offer great oppertunities to travel, but these low cost centres lack proper governance. We now have new 'in the door' employees in these centres acting as a 'preparer/reviewer' with little background knowledge to what they are doing, or an understanding of the implications of their work. Some training is provided, but to date there is very little sign of this being comprehensive and reviewed in full prior to implementing changes.

3.0
Nov 8, 2014

Great place to gain market knowledge!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There is always some kind of training going on, so you can gain as much training as you want if your manager allows. Compared with some other companies the benefit package is good and working life balance is some how reasonable.

Cons

No promotion, lack of team spirit,low salary and poor mid management.

3.0
Nov 7, 2014

Nice people but not very challenging

Recommend
CEO approval
Business Outlook

Pros

Companies official working language is English which allows you to live in Germany but work in English. Nice atmosphere and people, hardly any long hours unless one wants.

Cons

Job not challenging enough, people act as civil servants. Very disorganized, duplication of efforts country to country.

Viewing 10237 - 10239 of 10,472 Reviews

Glassdoor has 11,907 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.