State Street reviews

3.4

60% would recommend to a friend

(10,497 total reviews)
avatar

Ronald O’Hanley

70% approve of CEO

57% positive business outlook

State Street has an employee rating of 3.4 out of 5 stars, based on 10,497 company reviews on Glassdoor which indicates that most employees have a good working experience there. The State Street employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

10K reviews
2.0
Dec 5, 2011
Recommend
CEO approval
Business Outlook

Pros

-good entry level positions: I was hired with no job experience or designation -good benefits -good people -it seems to be difficult to be fired(see point below for unfair work levels)

Cons

-low pay -promotion is based on seniority -senior management continually promises promotion and that hard work is noticed but it isn't -high turnover -increasing workload + people quitting + hiring freeze = overworking existing employees -senior management only cares about cutting cost by pressuring employees not to stay overtime to complete impossible amounts of work -"flex time" marketed as "work life balance" but transparently only a way to avoid paying overtime -unfairness in work levels: incompetent employees are given less work, more help and the same pay as equal level competent employees who are expected to perform at a higher level -company has lots of events that are impossible for fund accountants to attend due to hours and workload

3.0
Dec 4, 2011
Recommend
CEO approval
Business Outlook

Pros

Big organization with lots to learn

Cons

High risk, low reward and high turnover in certain department due to low salary

Viewing 10057 - 10059 of 10,497 Reviews

Glassdoor has 11,933 State Street reviews submitted anonymously by State Street employees. Read employee reviews and ratings on Glassdoor to decide if State Street is right for you.