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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
      1.0
      Feb 27, 2019

      Worst company I have ever worked for. Avoid at all costs!

      Vice president - technology
      Recommend
      CEO approval
      Business Outlook

      Pros

      Work from home flexibility is nice, but that is where the benefits end.

      Cons

      Everything is outsourced. On boarding is a nightmare, with different parts of IT outsourced to different companies, and they are the worst. Even HR is outsourced, and they fail to provide on-boarding documentation required by law. Business is doing soo poorly due to mismanagement, that compensation increases (raises/bonuses) are non-existent. No technical direction from management. Infrastructure (hardware/software) is soo old, you literally need to run a 4 year old web browser to use some applications. Desks are tiny, as to cut costs, they have crammed staff into a single floor. Flat org, so no opportunity for advancement.

      2.0
      Jun 25, 2018

      Career Killer

      Officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Paycheck every two weeks is nice.

      Cons

      Communication is poor. Money wasted on projects that are never finished. Does not invest in people. No development dollars put towards tech advancements. Upward mobility promised but never delivered.

      2.0
      Mar 28, 2018

      Dead End Career

      Fund accountant
      Recommend
      CEO approval
      Business Outlook

      Pros

      Solid Benefits (at least when I was there), entry level exposure to financial markets, and good internal checks and balances (ie SOCII compliance and HR procedures)

      Cons

      Employees who work outside the Boston area often feel like they've been relegated to a 2nd class status. The constantly shrinking industry meant wave after wave of layoffs, downsizing, and even large scale pay-cuts. After 7 years at this company, with positive reviews each year, my salary only had increased 1.6% per year on average. Stay at this company long enough and you will slowly be locked out of consideration for other employment as career growth at State Street means something difference versus the rest of the job market.

      Viewing 145 - 147 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.