This company is slowly dying. Annual layoffs are depressing. - Client Service Operations Specialist II State Street Employee Review

2.0
Mar 24, 2016
Recommend
CEO approval
Business Outlook

Pros

Work/life balance in some groups is great, with work from home potential and tons of vacation time. They will hire anyone who shows even halfway competency and can network with a recruiter.

Cons

Salary is low. Really low. I mean if you are getting hired without even a bachelors degree (like I was), then its not so bad but in terms of a career or post graduation it is just absolutely awful. The benefits are good, but in this industry nearly all companies have good benefits so don't let that sway you. The saddest part is the annual layoffs and the fact that the industry has simply passed by its glory years for a company like state street. In the 80's and 90's this company was heaven on earth but not anymore.

Explore other reviews about State Street

3.0
Jul 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Flexible schedule Good location Beautiful offices Good team Lots of learning opportunities Great benefits Good work/life balance

Cons

Very Little room for advancement Compensation is so-so

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