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
4.0
Jun 7, 2010
Recommend
CEO approval
Business Outlook

Pros

Good total compensation and stability.

Cons

They rely on previous talent; the old guard remains in every IT area.

1.0
Jun 1, 2010
Recommend
CEO approval
Business Outlook

Pros

I can nap at work because I literally do nothing (In fact I am at work now!)

Cons

This place is the biggest joke EVER. DO NOT WORK HERE. I was hired 5 months ago and literally do not do a thing. I thought this would be a decent job out of college and it sucks. I sit at my desk all day and pretend to do work when there is none. We have 5 people in our team "handling faxes and interacting with clients" but we really only need 1. Nothing comes in on the faxes and I rarely speak with anyone. I am usually so bored at work that I really don't care if I even do the work. Employees take 2-3 hour lunches because nothing ever happens. Some employees may pretend it's busy but in reality there is no way! If you want to sit around and waste your life work here. You'd be better off being the janitor in the building.

4.0
May 30, 2010
Recommend
CEO approval
Business Outlook

Pros

There are some good folks within the corporation and you quickly understand and find the strong resources. Good work life balance and as a whole, they rarely work more than 45 hours / week

Cons

Too politically correct and strong "good ol' boy" network in management of white, catholic males, that have attended catholic universities. They do support promotion of women, people of color, and non-US passport holders but the third aspect is abused by folks having Irish passports (a loophole used by many whose grandparents were immigrants) Too much dead senior Mgmt in Boston and innovative thinking or risk taking is not encouraged. Like most banks, way too bloated with risk and audit tech is way too slow to react and ops not motivated to take a risk.

Viewing 10258 - 10260 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.