State Street reviews

3.4

59% would recommend to a friend

(10,470 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 10,470 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
Apr 23, 2014

Two years experience

Recommend
CEO approval
Business Outlook

Pros

They offer a lot of training classes to learn about finance industry

Cons

When they want to lay people off they rotate people around basically switching people into different groups. So that they can save the people they like and get rid of others. Every year they lay people off and blame the economy or expenses. People hold onto information to seem valuable. You lose vacations days that barely get approved. All the managers push outsourcing onto you.

1.0
Mar 19, 2014

Buyer Beware

Recommend
CEO approval
Business Outlook

Pros

Flexible work arrangements and at will employment so you can leave

Cons

No upward mobility; horrible compensation (not anywhere near on par with industry); weak management team with no direction; toxic culture (point and blame); no acountability

2.0
Dec 31, 2013
Recommend
CEO approval
Business Outlook

Pros

Abundance of knowledge gained & looks good on your resume

Cons

Underpaid and overworked w/ high turn around. If you are receiving a decent salary you realize you have limitations on other opportunities as the other dept. wont accommodate your salary due to budgets. So you continue to get good PPR with a slither of hope you wont be stuck in your existing department while waiting like a sitting duck to get laid off. Don't worry SS will rehire you but not any where near what you were previously earning.

Viewing 292 - 294 of 10,470 Reviews

Glassdoor has 11,905 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.