State Street reviews

3.4

59% would recommend to a friend

(10,467 total reviews)
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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
Dec 14, 2015
Recommend
CEO approval
Business Outlook

Pros

-Flexible work arrangements, ability to work from home once a week -Generous vacation benefits; 2 weeks first year plus 3 personal days and unlimited sick days (not to be taken advantage of, just nice to know you're not wasting vacation days for an illness.)

Cons

I truly do not even know where to begin. I worked remotely in Kansas City, MO for a tax team in New York. There were no managers, and all team me members had been with the company less than 1.5 years. I started one week before tax season, given absolutely no individual training as a new college graduate, and was expected to perform at levels far exceeding my comprehension. I was given an extensive amount of funds and also one of the largest funds in all of the tax team, again, with no training. Our team's "training" sessions in Kansas City consisted of listening in on 2-5 hour phone calls in New York that everyone was expected to follow along with, whether a day old employee, or an employee with 20 years experience. It is impossible to get the same training experience from thousands of miles away as you would in person. Management refuses to admit faults and constantly blames inferiors for mistakes. Suggestions to management are unwelcome despite an unhappy demeanor from nearly all team members ("my way or the highway attitude." from management.) This job truly killed my spirits and made me lose all confidence in my intelligence and ability to perform at a high level. Questions are discouraged. If you decide to ask a question in order to better perform a task, prepare yourself for a sarcastic response intended to make you feel idiotic and a fool for not knowing the answer yourself. Also, you will get chastised for asking a coworker in Kansas City a question instead of waiting for a "manager" across the country to respond to a quick question in an email that you sent 4 hours ago. All in all, this remote team should not exist. This is NOT a job that can be done successfully from a remote location without major management making adjustments, and they will NEVER make those adjustments. This job gave me a horrible outlook on the "real world." Fortunately, the grass is certainly greener on the other side. I would not wish this job on my worst enemy. Oh, and the pay is awful. It is extremely easy to find a job that you actually enjoy with better pay. I sure did! Steer clear of this job!

1.0
Dec 9, 2015

Unprofessional work place

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The only nice thing I have to say about working for State Street is that they remodeled the Kansas City location recently instead of giving their employees raises this year so they have a really nice facility.

Cons

If you don't mind going without lunch breaks and not getting paid for it and having coworkers that are so over worked under paid and stressed out that they can't help but become mean crabby and back stabbing individuals than this job is for you! The commercials that they play on the radio couldn't be further from the truth I was an employee for nearly two years when I finally had enough and left the financial industry after 15 years.

1.0
Nov 7, 2015
Recommend
CEO approval
Business Outlook

Pros

Absolutely none. Its a big headache game and they hire the wrong people for the positions. I would rather be unemployed than to even recall what this company offers its employees. I have not wanted to be inside anywhere once I left. I decided to live in a tent in the woods.

Cons

The entire organization. leadership, employees, contractors. You name it. If it's at State Street, you can bet that is a con. I mean, I half expected a pair of peddles to spin in order to power my computer.

Viewing 262 - 264 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.