State Street reviews

3.4

59% would recommend to a friend

(10,469 total reviews)
avatar

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 10,469 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
3.0
Feb 6, 2010
Recommend
CEO approval
Business Outlook

Pros

Quite relaxed environment, some people are habitually 2 hours late showing up and average 2-3 hours of actual work. Lots of downtime and opportunity to handle personal stuff at work. People are mostly fresh out of school and quite collegial with one another, great social life.

Cons

Pay reflects the amount of effort put in. Very little opportunities to learn and grow, people stay in the same roles for years before they are promoted.

1.0
Feb 6, 2010
Recommend
CEO approval
Business Outlook

Pros

401k match If you love doing the SAME thing everyday, then this is the JOB FOR YOU!

Cons

MANAGEMENT!!MANAGEMENT!!! MANAGEMENT!!! Employees have no voice Managers can turn against you anytime with HR HR says they are here to help you but they always side with Management. They offer NO positive feedback, they focus ONLY on the negative, there is no balance. They give you a written warning after 3 mistakes and hide behind HR. They form clicks against you, they promote who they want (even if not qualified) If your a minority forget about it NO opportunity for advancement! Management can give you any type of unfair review based on their personal thoughts. Upper management, ie VP's AVP's...I don't see their purpose. They don't acknowledge you when they walk around, tooo tied up in their titles to be inclusive. I really don't know what they do. Upper Management is completely not in tune with whats occurring with the bottom level. State Street seen as best place to work...I was very surprised...they should no appreciation for the people who literally do ALL the work that drives them revenue. The pay SUCKS!!! I could have better salary and more respect working at McDonald!!! If you have no personality, your quiet, don't interact...this is the place for you. If you like doing the same thing everyday with no challenges this is the JOB FOR YOU!

3.0
Feb 1, 2010
Recommend
CEO approval
Business Outlook

Pros

Some good reasons are definitely the benefits, they offer a very good selection. I would recommend starting out here, getting a year or two, or getting the MBA paid for, doing another year and then moving to either SS Global Advisors, or another location in terms of opportunity for advancement.

Cons

Definetly the salary! Starting at 32000$, it is ridiculously low for Boston! Maybe if you we're living in Iowa or Nebraska this is ok to start, but not in Boston.

Viewing 10315 - 10317 of 10,469 Reviews

Glassdoor has 11,904 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.