Is State Street a good company to work for?

State Street has an overall rating of 3.4 out of 5, based on over 11,877 reviews left anonymously by employees. This rating has decreased by 1% over the last 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 863 reviews)); "Good benefit 3 weeks paid vacation + health and dental + paid for your continuing study like CPA or CFA" ((in 646 reviews)); "Easy to move around because so many people leave which is great early in your careeer" ((in 630 reviews)); "You get to work from home and very flexible" ((in 349 reviews)); "My team was great and not toxic" ((in 177 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 728 reviews)); "Low salaries compared to competitors and almost zero chances to relocate abroad to have international experience." ((in 639 reviews)); "Poor management of conflicts (Management has no interest in resolving conflicts.. they are only concerned about workload being completed or not)" ((in 508 reviews)); "long hours and can be overwhelming" ((in 209 reviews)); "The hours can be stressful and they have some bad managers" ((in 193 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

2.0

Sep 7, 2008

Good first job, but dont stay too long

Account manager

Recommend

CEO approval

Business Outlook

Pros

For those working in Boston (The down town crossing location) Work is easy and you have plenty of time free to explore Boston during the work day. The job can be done in a few hours each day, giving you time to check out the ladies tanning in Boston common and public garden or go shopping. Despite construction, there is still a Macys, borders, H & M, CD store, and discount shops. It is also easy to get to via the T or commuter rail, no matter where you live.

Cons

The pay is horrible and you are very limited with what you can do

4.0

Sep 4, 2008

Not a bad place to work...

Associate ii

Recommend

CEO approval

Business Outlook

Pros

I don't know about other groups within the bank, but the one I work in is enjoyable. You can come into the company not knowing a whole lot about the business world and the market and you can learn a lot very quickly. Also with employee turnover being somewhat high it's easy for those who stick around be be promoted. Since joining the group in September 2006 everyone in the group who was a Fund Accountant at that time who is still with the company is now a Senior Fund Account and the pay raise from the promotion is quite decent. I went from about 34.5K to 42.1K

Cons

There are times when there isn't much going on to times when we're swamped. You really have to take the good with the bad.

2.0

Sep 3, 2008

Successful company needs to address Employee Morale & Turnover

Fund accountant

Recommend

CEO approval

Business Outlook

Pros

State street is a large company that is doing very well financially. You will have room for advancement and plenty of opportunities to explore different areas within the company because of its size. With the company being so successful, you don't need to worry about State Street going bankrupt as they just recently had one of their best quarters ever.

Cons

Employee morale is extremely low. Compensation and high employee turnover makes it hard to remain an employee there. Many employees as well as managers do not have business or finance degrees and lack the crucial management skills to adequately address employee morale and respect. It is an issue that never seems to go away. Compensation comparable to other jobs at similar companies is extremely low and yearly bonuses might as well be none at all. For a billion dollar company, they do not treat their employees with the respect they deserve.

Viewing 10423 - 10425 of 10,447 Reviews

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Jobs at State Street

PIC Internship - 2026