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
1.0
Jul 21, 2009
Recommend
CEO approval
Business Outlook

Pros

On the operations side, they offer a safe (yet low paying) job with the opportunity to move up a few levels before becoming stuck as a mid level manager.

Cons

After a year of real, professional experience, your job becomes expendable and the management knows it. With no real pay raises and a lack of respect, it becomes a depressing place to work at. Don't get fooled by their promotions and promises like I did.

3.0
Jul 1, 2009

Potential to be so much more

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Recent upturn in client focus due to market downturn. Overdue but the opportunity to start focusing on quality rather than 'ticking the boxes' is positive. Watch this space.

Cons

Fragmented departments. Seems a bit like mission impossible at times, unless a solution path to a problem is clearly defined they all seem to disavow all knowledge or ownership. Over abundance of middle management & VPs -hampering effectiveness.

4.0
Jun 28, 2009
Recommend
CEO approval
Business Outlook

Pros

Good salary. Really good benefits (health plan, pension plan) assuming you are FT as opposed to contractual/temp. The managers are generally very competent and friendly.

Cons

The opportunity for advancement is not that great and high turnover. The entry-level people seem to quit after about 1 or 2 years because the 2nd level people never seem to move up (to make room)

Viewing 10414 - 10416 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.