State Street reviews

3.4

59% would recommend to a friend

(10,463 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 10,463 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
Jun 22, 2010
Recommend
CEO approval
Business Outlook

Pros

Depends on department. Some departments are very good for promotions and recognition with plenty of support to learn and develop.

Cons

Other departments there are little thought put on decisions and not enough attention given to the staff.

2.0
Jun 21, 2010
Recommend
CEO approval
Business Outlook

Pros

I gues its good to work here if you like empty promises of promotions and raises. Some groups offer a flexible work schedule so you can be out earlier, so that is good I guess.

Cons

Low pay mainly because of the high turnover rate. Work gets very stagnant after a while and you don't seem to learn too much about the industry, only the particular fund(s) you are responsible for.

2.0
Jun 16, 2010

The truth about State Street

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Flexible work arrangements in some business units. -Big emphasis on macros and infusing technology to reduce manual processing and increase efficiency. -Co-workers are friendly enough. I guess that's why they invented the bar.

Cons

-Pay is not competitive, and you have little to no bargaining chips because your position is mostly expendable. -Management has little to no sympathy with the plight of the worker bee. --You're constantly working (by work, I mean reconciling reports, signing off every page, fussing over the minutia, like proper signature & dates). I'm not a lazy person - the work is just very...dull. -Tight deadlines. Constantly.

Viewing 10246 - 10248 of 10,463 Reviews

Glassdoor has 11,898 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.