State Street reviews

3.4

60% would recommend to a friend

(10,447 total reviews)
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Ronald O’Hanley

69% approve of CEO

57% positive business outlook

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).

Reviews by job title

10K reviews
2.0
Oct 16, 2008
Recommend
CEO approval
Business Outlook

Pros

Work is an absolute no-brainer. Just show up and be an excel monkey. Very easy if you want to surf the web or kill time. If you are looking for a work environment that requires no effort then this is the place for you. Co-workers are dull and just as bored as you.

Cons

very boring. People have very little ambition. There is a lot of bureaucratic nonsense. Managers were very unhelpful and were extremely obvious when playing favorites. Work is very monotonous. While there may be upward mobility, it is to equally boring dead end jobs.

2.0
Oct 16, 2008
Recommend
CEO approval
Business Outlook

Pros

it's a good company to get your entry level experience because of the name recognition and good reputation. They have a good training program and different employee networking organizations. All departments are of cource different but dont go into Fund Accounting, its just not rewarding and not very interesting

Cons

All departments are different, some might be better than others but State Street is notorious for very low starting salaries. It is also very hard to get promtions and hard to get into training programs. Some management just says that it is not the most efficient use of your time.

2.0
Oct 11, 2008
Recommend
CEO approval
Business Outlook

Pros

Well known company in a great city, great for entry level. Most other entry level workers are around the college grad age, so if you are just moving to Boston it is a great place to make new friends.

Cons

Pay is terrible, you start at $32,000 a year based on a 36.5 hour work week, and trying to live in Boston on that salary is hard to do when you must pay $1,000+ per month for an apartment in the city. Rarely do you end up only working 36.5 hours as you are required to work long days and occasional weekends during quarter ends. You must put in a lot of years before being promoted.

Viewing 10408 - 10410 of 10,447 Reviews

Glassdoor has 11,878 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.