Hard to advance career for young people at State Street - Assistant Vice President State Street Employee Review

2.0
Oct 22, 2008
Recommend
CEO approval
Business Outlook

Pros

Overall benefit is Ok and job seems to be stable.

Cons

It's very hard to advance career at State Street, especially as a minority. I was in IT department and there were few minority managers while most of the employees who actually do the job are minorities. In addition, State Street doesn't provide enough training for employees. Tuition reimbursement seems to be based on if your manager likes you.

Explore other reviews about State Street

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

2.0
Jun 21, 2026
Recommend
CEO approval
Business Outlook

Pros

The company has a great severence package. Unfortunately thats a pro because they are laying off workers every 3 months until most of operations are offshore. Decent 401k match and vacation.

Cons

Layoffs, pay is low. Return to office mandate.

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