State Street reviews

3.4

60% would recommend to a friend

(10,494 total reviews)
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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 10,494 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
5.0
Aug 10, 2011
Recommend
CEO approval
Business Outlook

Pros

The company always presents challenging situations and opportunities for growth. I have had a number of opportunities to travel around the world, expand my business knowledge and interact with people from other offices. I have been able to spend extended periods working out of overseas offices and I have even relocated abroad.

Cons

I work a lot of hours and my work is stressful. Sometimes it can become overwhelming and exhausting to make it through the week.

3.0
Aug 3, 2011
Recommend
CEO approval
Business Outlook

Pros

- Good career advancement opportunities - Flexible hours and worklife promoted - Good people to work with - technology positive (although wtih 850 announced layoffs...)

Cons

The company has undergone a significant change these past few years. The State Street of old is no longer, as it is now all about off-shoring core functions and doing more with less. While not a bad goal for stock-holders who enjoy nice quarterly returns, there is no clear path and everybody is nervous now about their own skin. Far cry from the "open door" and collaborative philosophies under Marsh Carter. Now it is all about expense control and zero-loss tolerance, even though the management practices and constant change / off-shoring / team shake-ups and "business transformation" directly challenges those goals.

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Glassdoor has 11,930 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.