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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
      Sep 25, 2023

      Going down

      Avp-finance
      Recommend
      CEO approval
      Business Outlook

      Pros

      There are no longer any pros to state Street. There use to be work life balance and encouragement to volunteer in the community, but they just cancelled everything!

      Cons

      In office all the time for everyone, no exceptions. It's now mandatory for all employees to be in office even if that was not you work agreement upon hire prior the pandemic, all to justify building a new huge building in Boston. They say it's due to productivity, however the areas struggling in productivity are short staffed and working extra hours from home (so I guess productivity is going to go down more with people needing to commute daily). They have no faith in their management team to manage their people.

      1.0
      Jan 29, 2020

      Layoffs is the norm

      Officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      work from home was good

      Cons

      how can they have 3k layoffs and then another 800 and yet post jobs online. lack of being aware in itself. chaos most time with everyone pointing at each other. CYA.

      1.0
      Jul 22, 2019

      Stay. Away.

      Fund accountant
      Recommend
      CEO approval
      Business Outlook

      Pros

      I can work from home twice a week (which is great because the pay is abysmal so I save on gas).

      Cons

      Forget the concept of ever having a team that’s staffed. Everything is “lean” aka as cheap as possible; if it can maybe be done in China or India, it’s going to be. American labor is too expensive. Not only that, so is investing in technology. Fund admin is the only profitable part of the business at the moment and yet the entire company has a hiring freeze and the tech looks straight out of the 80s. I’ve worked 60+ hours a week for the past 3 months and yet they preach work/life balance. Upper management does nothing but spew corporate bs line “synergies” and “hubs” and “plans.”

      Viewing 22 - 24 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.