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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
      4.0
      Mar 22, 2014

      good, but theres better

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      very friendly staff depending on your team. excellent benefits, dental, pension, flex hours and work from home, pays for your courses, CFA included. sports reimbursement too.

      Cons

      low starting salary but made up for with the 1.5xOT hrs for anything over 40 a week, and 2xOT for anything over 50 assuming you dont mind doing the ot, but heck, if you get the work from home to do the OT, why not.

      3.0
      Oct 8, 2013

      Fund administrator

      Fund administrative
      Recommend
      CEO approval
      Business Outlook

      Pros

      1.Very great work/life balance, or should I say too great.if it is not in peak time, you only need to spend like 2 hours max to do the daily job. and you can do whatever you want for the rest of the time. 2. In BPO or AIS departments, 90% of the employees are girls who just graduated from college/\university. So it is good if you are single guy and looking for gf. They love foreigners!!! 3. Good for female new graduates!!! Stable job, friendly work environment. 4. Most of the managers are easy going. They do not really have too many rules in the office. Well, some of them do not know /care what their teams are actually doing. So they rely heavily on some of the associate 2 or AM.

      Cons

      1. Like other SS division, very low pay and practically no bonus . If you are assigned from Boston or UK. Then it is a paradise here. Company will pay for your rent. I know all the experts or VP lives either in luxury hotels/condos. you got the $ salary instead of ￥. But if you hired locally. Then it definitely is a nightmare. The compensation is below the local average!!! After deducting your rent and food spending, you basically have no money left!!! 2. Limited career advancement. Honestly, if you and your supervisor/unit head are buddy-buddy. Then you should be promoted very quickly. But most of the time, senior management keeps hiring team leader externally instead of promoting us internally. They like ppl who have fancy experience but do not care how much they know of custody/fund accounting. And junior associates just felt like they are just a bunch of ass kissers who pretend to know everything. 3. Daily job is like an assembly line. You can work here for quite a few months and have no clue what you r doing.

      3.0
      Sep 5, 2013

      Good work-life balance

      Fund accountant, associate i
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good work-life balance, fair pay for your job. OT is controlled and one can always have personal time after work.The job is stable and one can expect that there will not be challenging issues once they get used to the job. So it will be a good place for those who like a peace life.

      Cons

      Not much on personal career development, especially for who seek for professional career path. Payment is not high enough to attract and retain talent. This may partly due to the nature of job. Fund accountant may not require a high calibre person.

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