State Street reviews

3.4

59% would recommend to a friend

(10,467 total reviews)
avatar

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 10,467 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
Jan 29, 2020
Recommend
CEO approval
Business Outlook

Pros

Great benefits of health insurance and vacation Use to be solid opportunities for advancement and growth

Cons

No work life balance expect to work 12 to 16 hours without compensation Lack of training now with emphasis on India, U.S. employees learn by procedures and figuring out on your own while India to recieve procedures and shown how through using webex and phone

1.0
Jan 23, 2020

India

Recommend
CEO approval
Business Outlook

Pros

None right now given the pace of offspring that is going on

Cons

All jobs are being sent overseas to low cost locations

3.0
Oct 16, 2019
Recommend
CEO approval
Business Outlook

Pros

-Great Flex Program -Immediate manager and team as like my 2nd family; great group -Slowly putting the company in a good position to pivot with vast realignment of workforce (position does not equal execution) -Pay is decent and getting better with policy changes -Skilled people that can make the company successful -Better transparency of the past year from leadership down (sometimes does feel like fluff though )

Cons

-Poor execution of great ideas meaning folks have outstanding ideas on how we can pivot or start fresh. However, those get bogged down by chain of command, no defined decision maker, to many of the same instruments (people) making just a lot of noise (no harmony everyone fighting for power and say). -No company wide alignment on future vision with far more unknowns then knows -Lack of value from various tech innovation programs due to poor adoption, “MVP” = final product and $600 ball point pen syndrome with legacy development mindset (lack of innovative thinkers) -“Schedule a meeting culture” where innovation is constantly stifled due to meeting to have a meeting multiple times with multiple groups sometimes spread across months due to lack of meeting availability. Vicious Cycle. -Lack of joy in ownership. Culturally, no one wants to make a decision. Can’t count the amount of times I have asked for input, a question or direction from the “decision maker” to have it forwarded / directed (on average 2 day delay) to another member of the team and then forwarded around again in a continually baton passing loop for weeks to come up with a simple solution or none at all. Frankly it drives me crazy to have to go through that dance (email, meeting, phone call, email, meeting,meeting, and so on). This is not collaborative nor agile. This is merely CYA.

Viewing 220 - 222 of 10,467 Reviews

Glassdoor has 11,902 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.