Is State Street a good company to work for as a Software Developer?

Software Developer professionals working at State Street have rated their employer with 3.0 out of 5 stars in 54 Glassdoor reviews. This is a lower than average score with the overall rating of State Street employees being 3.4 out of 5 stars. Search open Software Developer Jobs at State Street now and start preparing for your job interview by browsing frequently asked Software Developer interview questions at State Street .

Does State Street pay Software Developer employees well?

Software Developer professionals rate their compensation and benefits at State Street with 2.5 out of 5 stars based on 54 anonymously submitted employee reviews. This is 21.4% worse than the company average rating for salary and benefits. Find out more about Software Developer salaries at State Street.

How happy are Software Developer professionals working at State Street?

46% of Software Developer employees at State Street would recommend their employer to a friend. This rating has decreased by 9% in the past 12 months. Software Developer professionals have also rated State Street with a 3.5 rating for work-life-balance, 3.2 rating for diversity and inclusion, 2.7 rating for culture and values and 2.7 rating for career opportunities.

What are the top reviewed jobs at State Street?

Senior Associate (864) , Fund Accountant (445) , Associate (420) , Vice President (398) , Officer (380) , Assistant Vice President (267) , Intern (169) , Associate II (166) , Associate-2 (166) , Manager (153) , Analyst (148) , Business Analyst (127) , Assistant Manager (118) , Senior Fund Accountant (111) , Team Leader (96)

What are the pros of working at State Street according to real employee reviews?

"Flexible and good work life balance" ((in 854 reviews)); "Good benefit 3 weeks paid vacation + health and dental + paid for your continuing study like CPA or CFA" ((in 647 reviews)); "Easy to move around because so many people leave which is great early in your careeer" ((in 620 reviews)); "You get to work from home and very flexible" ((in 363 reviews)); "My team was great and not toxic" ((in 187 reviews))

What are the cons of working at State Street according to real employee reviews?

"The overall work attitude is very negative due to the tedious work and low pay." ((in 737 reviews)); "Low salaries compared to competitors and almost zero chances to relocate abroad to have international experience." ((in 636 reviews)); "Poor management of conflicts (Management has no interest in resolving conflicts.. they are only concerned about workload being completed or not)" ((in 501 reviews)); "Long hours and waves of turnover" ((in 220 reviews)); "The hours can be stressful and they have some bad managers" ((in 200 reviews))

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State Street

State Street Software Developer reviews

3.0

46% would recommend to a friend

(54 total reviews)

Ronald O’Hanley

49% approve of CEO

41% positive business outlook

Ratings by category

3.5

Work/Life balance

3.2

Diversity & inclusion

2.7

Culture & values

2.7

Career opportunities

2.5

Senior management

2.5

Compensation and benefits

Software Developer employees have rated State Street with 3.0 out of 5 stars, based on 54 company reviews on Glassdoor. This indicates that most Software Developer professionals have an average working experience there. State Street is rated in line with the average (within 1 standard deviation) by Software Developer professionals compared to other employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

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Disability

Parent or family caregiver

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Reviews by job title

54 reviews

2.0

Oct 13, 2022

You don't get to learn much

Developer

Recommend

CEO approval

Business Outlook

Pros

Honestly depends on your team, the culture varies vastly, from team to team.

Cons

Growth is often not recognized well.

1.0

Jul 13, 2022

Review

Software engineer

Recommend

CEO approval

Business Outlook

Pros

Don't remember any of Pros

Cons

- Old technology stack - Small overlaping with US zone (be ready to work extra hours or start later if you are in Europe) - VPN/Netword issues on State Street side (if you want to download some installers you need to ask someone to pack them first and put them to share folder otherwise you can wait for 2-3 hr when download will be completed) - Very old and complex product - No sonar checks so everyone can commit everything to break application build - Be ready to test not only your changes but changes of your teammate even if you are software engineer (we have only 1 QA that was shared between teams) - Once you did some change in application code you need to run unit-tests to be sure that everything is working as expected. Thats totally fine but full unit-test run can take 40-60 minutes. - No work-life balance Once I left this company I got an email from payroll team that I need to pay some money back due to their mistake. No excuse from their side. I can't recommend this company.

State Street Response

Thank you for leaving this review. We are sorry to hear about the challenges were are facing. We are sorry to hear about your long working hours. State Street is a global company growing at a fast pace. At times the work pressure is unpredictable. However, we strive to facilitate work-life balance. We also plan for various employee engagement programs throughout the year. We always encourage our employees to reach out to their manager and ask for additional support to help work more productively without experiencing a stressful time on the project. However, we have noted your feedback and will look into it.

4.0

Jun 15, 2022

Nice

Software engineer

Recommend

CEO approval

Business Outlook

Pros

Bonus component, cabs, facilities, work-life

Cons

Nothing that i can think of

Viewing 28 - 30 of 54 Reviews

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State Street Software Developer reviews

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You don't get to learn much

Review

Nice

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