Zero regard for employees or their future. - Anonymous employee State Street Employee Review

2.0
Apr 16, 2014
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Financial services experience. The ‘big’ name of State Street – (which meant more before everything became centralized or work was being constantly outsourced). Commute is good if you live in the city.

Cons

Disturbingly low pay; know your worth before you accept a job here. High turnover, unexpected and surprise lay-offs, not all but most managers I’ve met either don’t manage or horde knowledge. You have to dig deep, long and far to learn something new and relevant since all the work is divided into Centers of Excellence. Horrible employee rating system which is totally sewed. Overqualified people working monotonous jobs.

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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