Managing Director/Vice President - Managing Director State Street Employee Review

1.0
Mar 18, 2018
Recommend
CEO approval
Business Outlook

Pros

Good place to start and get experience, but the longer you stay, the worse it gets.

Cons

Long hours, many weekends, getting things done on time, accuracy on detail .. none of those items really matter to management. State Street has become a firm of conspicuous nepotism and that is how they promote people. In addition, they don't deal with those that have numerous HR incidents filed against them; if they are in the "favored" crew. Lastly, they continue lay off people every month (last Wednesday of the month), and those that have the subject matter expertise. Again, the "favored" crew are not touched and the left overs get stuck with the work (I was doing the work of 5 people at the end).

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.

4.0
Jun 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent work life balance and decent PTO

Cons

Pay could be better and the workload can be a lot at times

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