'Outsourced' was a great show. Outsourced is not a great working environment - Anonymous employee State Street Employee Review

2.0
May 23, 2012
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Flexible work schedules and a good work-life balance make the heavy workload a little easier to manage.

Cons

Rapid company growth by way of aquiring competitors' assets creates a very unstable work environment. Outsourcing has become part of the company's culture and is no longer just a way to supplement and add flexibility. Large scale layoffs on a nearly annual basis contribute to low morale. Opportunity for advancement is difficult due to bottlenecks at the middle management level. Salaries, raises and bonuses are not very competitive. Employee appreciation is virtually non-existent.

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.

1.0
Jul 1, 2026
Recommend
CEO approval
Business Outlook

Pros

They offer resources for learning.

Cons

In my previous roles I've never felt burnout but with this one is the first I was feeling crush. I don't think managers take time to structure the tasks on a 8hrs or 10hrs per day. There are a lot of unrealistic expectations, no work-life balance at all. Even if you made the sacrifice to stay late, you will not be done with the work for the day.

See reviews by: Helpful|Rating|Date|All