Recommend to people close to retirement only - Vice President State Street Employee Review

3.0
Aug 4, 2024
Recommend
CEO approval
Business Outlook

Pros

-Decent Benefits -Flexible working arrangements -Good place to gain a lot of new skills

Cons

-Highly Political -Unethical behavior demonstrated by management -Promotions based on relationships not merit -Management devalues hard working employees by rewarding relationships over performance leaving highly performing employees feeling disconnected and unmotivated -Need to partake in groupthink or you will likely be put on an action plan or worse you may have your job eliminated -Management preaches a lot about having certain values but doesn’t lead by example -Company culture has become toxic -Company no longer sees their employees as their most valued asset

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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