Hierachy, politics and powerpoint define this company - Anonymous employee State Street Employee Review

2.0
Dec 14, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Average pay and benefits. Some opportunities for internal transfers.

Cons

I worked for Global HR department. The culture and environment in this organization is declining and just feels sad. Management power wars are obvious and so is transferring of US jobs to "low cost locations" that will continue into the next year. My recommendation is to avoid this company if you want to control your how your career should be going (or not). Also noticed archaic management skill sets, where there is no respect for employees or individuals and you cannot communicate to management unless you have a specific powerpoint and maintain a strict minute agenda at the meeting to speak. Certainly not an environment that promotes and rewards ideas from within. Consultants and third parties are respected more than internal employees and management makes it known.

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.

See reviews by: Helpful|Rating|Date|All