Is State Street a good company to work for?

State Street has an overall rating of 3.4 out of 5, based on over 11,878 reviews left anonymously by employees. This rating has been stable over the past 12 months. 60% of employees would recommend working at State Street to a friend and 57% have a positive outlook for the business. The best reviews about State Street have been left by employees working as Co-Op , Intern and Internship .

Does State Street pay their employees well?

According to anonymously submitted Glassdoor reviews, State Street employees rate their compensation and benefits as 3.1 out of 5. Find out more about salaries and benefits at State Street. This rating has decreased by 1% over the last 12 months.

How satisfied are employees working at State Street?

60% of State Street employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated State Street 3.5 out of 5 for work life balance, 3.3 for culture and values and 3.2 for career opportunities.

What are the top reviewed jobs at State Street?

Senior Associate (855) , Fund Accountant (445) , Associate (414) , Vice President (397) , Officer (378) , Assistant Vice President (266) , Intern (167) , Associate II (166) , Associate-2 (162) , Manager (153) , Analyst (147) , Business Analyst (126) , Assistant Manager (116) , Senior Fund Accountant (111) , Team Leader (96)

What are the pros of working at State Street according to real employee reviews?

"Flexible and good work life balance" ((in 856 reviews)); "Good benefit 3 weeks paid vacation + health and dental + paid for your continuing study like CPA or CFA" ((in 657 reviews)); "Easy to move around because so many people leave which is great early in your careeer" ((in 616 reviews)); "Work from home and flexible work arrangements are great if you can get them" ((in 345 reviews)); "My team was great and not toxic" ((in 187 reviews))

What are the cons of working at State Street according to real employee reviews?

"The overall work attitude is very negative due to the tedious work and low pay." ((in 718 reviews)); "Low salaries compared to competitors and almost zero chances to relocate abroad to have international experience." ((in 637 reviews)); "Poor management of conflicts (Management has no interest in resolving conflicts.. they are only concerned about workload being completed or not)" ((in 491 reviews)); "hours are long and hard" ((in 211 reviews)); "The hours can be stressful and they have some bad managers" ((in 197 reviews))

What are employees saying about State Street layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about State Street layoffs and their outlook for job security at State Street in 2026.

What State Street locations have received the highest employee ratings?

Philadelphia , Jacksonville , Berwyn , Clifton , Austin

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State Street

State Street reviews

3.4

60% would recommend to a friend

(10,447 total reviews)

Ronald O’Hanley

69% approve of CEO

57% positive business outlook

Ratings by category

3.6

Diversity & inclusion

3.5

Work/Life balance

3.3

Culture & values

3.2

Career opportunities

3.1

Compensation and benefits

2.9

Senior management

State Street has an employee rating of 3.4 out of 5 stars, based on 10,447 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

10K reviews

3.0

Feb 10, 2009

Good place to start, but difficult to move up the corporate ladder...

Associate ii

Recommend

CEO approval

Business Outlook

Pros

It's a very relaxed and comfortable atmosphere, almost collegial, although that can also be a negative aspect. The benefits (health, dental, vision, 401(k), CharleCard, etc) are numerous. Most managers are flexible with hours (people usually come in late) as long as the work gets done. Lots of free time. Overall, it's a good place to start off your career, but it may be frustrating if you're trying to advance.

Cons

The pay is lower relative to people holding the same position in other companies. There is little opportunity for growth and career advancement within the company. There seems to be favoritism in the selection for promotions. Employees are not rewarded (promotions, bonuses) proportionately for their efforts.

4.0

Feb 6, 2009

A good place to work before the financial crisis

assistant vice president

Recommend

CEO approval

Business Outlook

Pros

Benefits are fairly good - 4 weeks of vacation for officers, 6% match for 401(k), health, dental, etc. The company is trying to institutionalize flexible work arrangements. At the moment, it seems to vary from manager to manager. There are people who have worked here for many years, which says something about employee satisfaction.

Cons

It seems to be more difficult for people who need more work/life balance to advance. The mood is fairly bleak these days due to layoffs, a decrease in bonuses and a salary freeze. Employees are doing more work for less compensation.

3.0

Jan 22, 2009

Good first job.

Fund accountant

Recommend

CEO approval

Business Outlook

Pros

involves a client who gives money to an asset manager, who then invests it to meet the client’s financial objectives, so you get exposure across the company. Vacation Time is a plus but the hours are a killer. Asset Managers can also work for hedge funds, which typically combines outside capital with capital contributed by partners of the fund. The holidays vary throughout the company, which can be hard on people. Most days are about 11 hours, others longer. The bonus pool is questionable, the freeze on hiring and promotions seemed to set everyone straight. Overall it is a good place.

Cons

Massive amounts of layouts and sporadic communicatiion bring down moral

Viewing 10375 - 10377 of 10,447 Reviews

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Product Management, VP