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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
      1.0
      Jan 22, 2023

      Avoid At All Costs

      Senior associate
      Recommend
      CEO approval
      Business Outlook

      Pros

      I used to think it looked good on a resume. But the problems at this company are so bad that it sends a negative signal to other employers in the region.

      Cons

      Low pay. Long hours. Outrageous demands from the bloated middle and upper management. Most of the work is usually pinned on the most talented employee. You won't gain any transferable skills other than Excel because State Street uses exclusively proprietary software for pricing and accounting. It's an absolute trap. At it's best, this company fills your resume with precious black ink. At its worst, you will hear VP's openly saying sexist remarks in the break room. The most you can expect is for your mental and physical health to drastically decline with every second you spend in nightmare on earth.

      1.0
      Oct 13, 2014

      Slave Street

      Client service representative
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good resume booster. A lot of positions give you a good opportunity to learn a lot. These are the only two things. You'll see some people mention the work/life balance... it doesn't matter. You don't stay late, you don't get half your work done. You take a vacation, everything is in shambles when you get back. This is because of terrible organization and incompetent and selfish management.

      Cons

      low pay, toxic culture, get out as fast as you possibly can before this place sucks the life out of you. This isn't me having an abnormal terrible experience. This is the experience of most people working at State Street. My review just sounds terrible because I'm not trying to look on the bright side. This is what it is.

      1.0
      Aug 25, 2014

      Army of underpaid, under-motivated workers

      Officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Easy to move up b/c no one likes it there and/or company's pay is so poor no one smart would ever take a position here. I became head of my unit after four short years.

      Cons

      - Pay is laughable. They haven't raised entry level salary in over 10 years ($32K). Adjusted for inflation they are now paying their entry level employees $10k less than in 2004. - Corporate culture is a joke. My favorite is a lot of idiots use Sharepoint (or as we call it "Collaborate") to post/send items that would be ten-worlds easier sent by email. One time my manager said in an hour long meeting, "don't be afraid to use hash tags on collaborate" - They have reward based bonuses called "Rising Star" and "Above and Beyond". Whoever named those needs to be shot. They are also only $1k pre-tax max. Thanks State Street. - The lady running USIS might be good with higher ups, but is severely out of touch with business groups. She actually took time out of my day to schedule a "round-table" meeting where she said she wants us to recruit students from the B-schools: Babson, Bentley, Boston College. I am the only one I know at the bank who went to one of those schools, so I guess I am a sucker. Honestly, get a clue... - Back to the pay...no one is motivated so I am surrounded by complacent zombies who aren't paid enough to care what they are doing or make the bank better.

      Viewing 16 - 18 of 10,447 Reviews
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      ReviewsState Street reviews

      Glassdoor has 11,877 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.