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      State Street

      Engaged Employer

      State Street reviews

      3.4

      60% would recommend to a friend

      (10,447 total reviews)
      avatar

      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

      Reviews by job title

      10K reviews
      3.0
      Oct 2, 2008

      Strong, safe company, solid work/life ballance, low compenstion.

      Senior associate - it
      Recommend
      CEO approval
      Business Outlook

      Pros

      State Street is a large, stable company that is growing despite difficult economic times. The benefits are very good; the hours and work life balance is excellent in my position. The management team that I work for directly is great.

      Cons

      The salary is quite low. Being a large, tradition corporation, I find myself doing the same things over and over with little strategic input. There are a lot of folks in my area that come in, give their 8 hours, and head home; they do what they have must to get through the day, but there is not an effort to try to improve the normal processes.

      3.0
      Sep 30, 2008

      Mutual Fund accounting has its good and bad: know what you are getting into

      Senior fund accountant
      Recommend
      CEO approval
      Business Outlook

      Pros

      At the Kansas City location most of the work is mutual fund accounting. The good of this work is that the work can usually be performed at a moderate pace without having to take work home. Also, since State Street is one of the largest players in this industry, there are often overseas assignments available.

      Cons

      The work can be routine unto monotony, especially if the employee does not seek and obtain promotions. Also, career wise, while public accounting is a great place to launch a career, mutual fund accounting can be a dead end for many.

      3.0
      Sep 29, 2008

      Work hard and you will move up - however the poor compenstaion is unfair.

      Fund accounting manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      State Street is a good company for an entry level employee/recent graduate as many of your peers will be in the same situation. Good place to learn how to conduct oneself in the workplace and see the dynamics of a large corporation.

      Cons

      The pay is the worst. Almost insulting. Management is always looking to find out why there is high turnover etc. I feel that some of the turnover from high performers is due to the lack of compensation. It is all well and good to be told you are doing a good job but not getting paid fairly for it is demoralizing.

      Viewing 10411 - 10413 of 10,447 Reviews
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      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.