Strong name and heritage but take a closer look - Anonymous employee State Street Employee Review

3.0
Nov 25, 2008
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Clout in the Institutional Investment Management arena, heritage, status. Flexible about work/life and balance including sick time, etc. Good employees and overall a nice environment to work in. Health and welfare benefits are good.

Cons

No focus on career development programs or mentorship by management. Management is often less skilled, less experienced employees. Lower end of the pay scale, especially for employees that have worked their way through the corporate ranks. Communication about positive and negative happenings at the the firm is severely lacking, leading to uncertainty and furthermore unrest.

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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