State Street reviews

3.4

59% would recommend to a friend

(10,461 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 10,461 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
Jan 27, 2010
Recommend
CEO approval
Business Outlook

Pros

Very laid back environment, short commute (for me), benefits, 401k match...if you like not having to get up too early and content with leaving late sometimes then this a good starter job and place to get your feet wet.

Cons

Low salary compared to competitors, promotions are hard to come by, very repetitive daily work, training can be minimal at best., turnover ratio is high....many people stick it out for 2+ yrs .then find work else where.

3.0
Jan 26, 2010
Recommend
CEO approval
Business Outlook

Pros

Good benefits, many good employees, you can go far if you have a manager who recognizes your talent. When times are good, State Street can be generous.

Cons

Upper management out of touch, can be very demoralizing. Some manager are great and some are awful. For entry-level, not much advancement.

3.0
Jan 16, 2010

Officer

Recommend
CEO approval
Business Outlook

Pros

The number reason to work at State Street is the culture. There is a strong focus on promoting a team-oriented work environment and management is typically very supportive of the work/personal needs of employees. The work/life balance is great, including flexible work from home arrangements.

Cons

Compensation for position is not as competitive as comparable positions at other financial firms. Verbal claims by firm of "identifying and retaining key talent" are not supported by payscale.

Viewing 10312 - 10314 of 10,461 Reviews

Glassdoor has 11,895 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.