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      State Street

      Engaged Employer

      State Street reviews

      3.4

      59% would recommend to a friend

      (10,463 total reviews)
      avatar

      Ronald O’Hanley

      69% approve of CEO

      56% positive business outlook

      Ratings by demographic groups

      State Street has an employee rating of 3.4 out of 5 stars, based on 10,463 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
      2.0
      Mar 11, 2020

      There are no growth opportunities as they slowly close office

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      The company is a well known name in fund administration, so having that on your resume is a plus.

      Cons

      The company is moving jobs offshore to lower cost locations in Asia. To avoid the costs of firing people, they are creating a toxic environment to force people to leave on their own.

      avatar
      State Street Response
      6y
      Thank you for your review on State Street. We take feedback like this seriously and will investigate your concern. We would encourage you to contact your local Employee Relations consultant to raise this feedback if you have not already done so, alternatively you can raise anonymously through the Speak Up line.
      1.0
      Jul 10, 2019

      Overtime saves the job

      Associate ii
      Recommend
      CEO approval
      Business Outlook

      Pros

      Overtime to compensate for a mediocre salary.

      Cons

      Over the past year my department has been on a hiring freeze with a real push back on back filling. Last year we were not offered raises or promotions and no discussion regarding that possibility in the future so people have begun jumping ship, but with the lack of replacing it has caused the people still here to be overworked and now more are looking to leave. Management has chosen to remain silent instead of being honest and open about the situation.

      2.0
      May 31, 2019

      Layoffs and more layoffs

      Ghr learning
      Recommend
      CEO approval
      Business Outlook

      Pros

      Love my team. Good vacation time. Company match on 401(k) plan.

      Cons

      Job security for U.S. employment is a 2 out of 10. No management development. No raises. Bonus cut by 80%. Goal is to offshore as many positions as possible. Huge cuts or ends to Workforce and community type programs. Motivation and job satisfaction is very low.

      Viewing 142 - 144 of 10,463 Reviews
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      ReviewsState Street reviews

      Glassdoor has 11,898 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.