State Street reviews

3.4

59% would recommend to a friend

(10,467 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 10,467 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
Jul 1, 2009

Potential to be so much more

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Recent upturn in client focus due to market downturn. Overdue but the opportunity to start focusing on quality rather than 'ticking the boxes' is positive. Watch this space.

Cons

Fragmented departments. Seems a bit like mission impossible at times, unless a solution path to a problem is clearly defined they all seem to disavow all knowledge or ownership. Over abundance of middle management & VPs -hampering effectiveness.

4.0
Jun 28, 2009
Recommend
CEO approval
Business Outlook

Pros

Good salary. Really good benefits (health plan, pension plan) assuming you are FT as opposed to contractual/temp. The managers are generally very competent and friendly.

Cons

The opportunity for advancement is not that great and high turnover. The entry-level people seem to quit after about 1 or 2 years because the 2nd level people never seem to move up (to make room)

1.0
Jun 27, 2009
Recommend
CEO approval
Business Outlook

Pros

Only 1: it's a well-established name in the financial sector, so it can look great on your resume if you know how to play your cards right.

Cons

Managers are extremely weak and lack the experience, skills, and knowledge to manage effectively. Poor company culture, poor morale, and poor work force because all the talented people leave after about 2 years. All the managers and consultants are analyts who stay because they are not good enough to find better jobs.

Viewing 10363 - 10365 of 10,467 Reviews

Glassdoor has 11,902 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.