State Street reviews

3.4

59% would recommend to a friend

(10,462 total reviews)
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Ronald O’Hanley

69% approve of CEO

56% positive business outlook

State Street has an employee rating of 3.4 out of 5 stars, based on 10,462 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 17, 2014
Recommend
CEO approval
Business Outlook

Pros

Nice people in HR and Training groups and co-workers were very nice. Company sponsored activities were fun and made the day to day work life enjoyable.

Cons

Most of my group quit just before I started and it didn't take long to figure out why. The departments are so segmented that it is difficult as a new employee to learn your job. I tried for almost a year and it was getting harder and harder to figure things out. I had so many managers that it was often confusing and they didn't seem to know their job either. State Street offered lots of training classes that would seem very useful while in the classroom, but then I would get back to my department only to be told "we don't do it that way" but then no instruction on how to "do it". There were endless checklists that we were required to sign off, most of which made sense only to the person who created them, and again no way to translate into non corporate lingo. I know I possessed the required intelligence to do my job as after all this is financial reporting and not rocket science but they were just unwilling to provide the tools.

2.0
Jan 15, 2014
Recommend
CEO approval
Business Outlook

Pros

Any business related degree gets you in. Free coffee, tea, cocoa and plastic flatware. Depending on the department, you can sometimes get off early. Plenty of opportunity for overtime if you want it, and often when you don't. Get your work done to an acceptable level, and your managers will not ride you. 3 weeks paid vacation starting. Generally friendly co-workers and management, from team leaders to VP's. (Sacramento) Nice view of the sunrise on the East side of the building and sunset on the West side (most days you will be there to watch both)

Cons

LOW Starting pay: less than the balance of my student loans. Every. Day. Is. Exactly. The same. Like the movie "groundhog day" except the events throughout only range from: stressful and terrible, to mundane.... occasionally there will be food. No one talks. It's creepy. People communicate through Email and Office messenger while seated only feet from one another. Only Parking is paid parking: even the "discount" 160$ monthly pass equates to 1$ LESS AN HOUR THAT YOU ARE BEING PAID. Work is, as a general rule not "hard", but the learning curve is steep, and once you have some clue of what you are doing, you realize how boring it is.

Viewing 115 - 117 of 10,462 Reviews

Glassdoor has 11,896 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.