State Street can't get you into Fenway for free, but you can get into the MFA. - Anonymous employee State Street Employee Review

4.0
Jun 20, 2008
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The best reason its a great first job. They even recognized the fact that many people train and leave after a year or two by lowering the vestment for the 401k package. Communication has improved within the company over the last five years. Work life balance is good as well. i've had many managers that are very understanding of your needs and will allow you to work flex time. I think the managers and such are fair to the many employess. I'm sure that some of my comerades would say otherwize. You get out what you put in the situation.

Cons

The worst part of the place is the "trapped mentality" of some workers. Too many people in a group that complain can ruin morale. Compensation is good only 2\% each year. But if you actually do work, you do get bonuses'. You have to try really hard to get recognized. Im in my 20's and I feel like this place took five years off of me. The leadership does not realize the long term effects of corporate strategy. The opportunities are great but I would not want to work in other groups after seeing the differences. Do something besides surf and you will get ahead.

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 26, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Strong culture at state Street. Very supportive Staff and management

Cons

Not many perks. Feels very corporate america

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