Get hired right out of college and leave as soon as you can - Anonymous employee State Street Employee Review

2.0
Apr 2, 2014
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Easy to get hired, easy to move around, opportunities for overseas work. Good people, if you are in the right group. Education benefits used to be good. For what it's worth, the company handled the recession better than some other financial institutions.

Cons

People don't matter to this organization, no matter how much it might pretend otherwise. Promotions usually amount to nothing but a meaningless Officer or AVP title with more work, but little pay increase. It's a revolving door of constant layoffs and overworked people fleeing the poor pay and average benefits and the young college grads filing in to replace them.

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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