State Street reviews

3.4

59% would recommend to a friend

(10,484 total reviews)
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Ronald O’Hanley

69% approve of CEO

56% positive business outlook

State Street has an employee rating of 3.4 out of 5 stars, based on 10,484 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
Feb 27, 2011
Recommend
CEO approval
Business Outlook

Pros

Gret place to get entry level accounting experience. Good hours Good benefits Nice building Associates are good people Work from home access for some

Cons

The harder you work the more work you get, the more you mess up the less you get. Management doesnt reward hard work they reward negative work. Work has gone to a manufacturing scheme, meaning you dont do accounting, you do data entry for one piece, wouldnt be suprised if all work is moved to India in 10 years.

3.0
Feb 23, 2011
Recommend
CEO approval
Business Outlook

Pros

Speaking for the office in Kansas City, this is a good place to begin a financial career at an entry level. The benefits (insurances, vacation, tuition reimbursement) are in line with most similar companies. The people overall are good to work with.

Cons

For entry level employees, there is paid overtime, which is a great benefit. For managers and above, overtime is not paid, but is definitely required. The demoralizing thing about it is that various groups have differing work hours. There are some groups that never work over 40 hours a week, whereas there are many others that work 50+ hours weekly, which has caused some rifts in the groups. Communication is also a major shortfall, whether it is communicating new ideas or tools, which groups tend to have to discover on their own, or from upper management discussing layoffs. The latest round of layoffs was announced in one sentence the middle of a multi-paragraph e-mail from the CEO.

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