State Street reviews

3.4

59% would recommend to a friend

(10,465 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 10,465 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
4.0
Mar 2, 2009
Recommend
CEO approval
Business Outlook

Pros

This is a great company for non-financial workers to get basic training and experience in financial services. The company can offer opportunities to motivated individuals and is looking to expand outside the US. State Street is not likely to be acquired by another company.

Cons

The employee experience can vary within the company and there are multiple layers of management. There are many employees who are not motivated and don't take ownership. The fastest way to get a raise is to leave the company. Executives think they deserve the same pay as their investment bank counterparts.

3.0
Feb 20, 2009
Recommend
CEO approval
Business Outlook

Pros

its a great entry level job and a good start to a career in finance.

Cons

you stay in an entry level position for quite awhile, and the better you are at your job the more they want you to stay where you are, not moving or getting promoted.

4.0
Feb 19, 2009
Recommend
CEO approval
Business Outlook

Pros

The benefits are good and the GA, GM and Securities Finance groups are the most desirable ones to join. Most of the jobs are stable until recently when the company strayed from their principles and ended up with riskier assets (off balance sheet financing, couduits, high yield funds by investing in toxic assets). There is an organized hirearchy which is both good and bad

Cons

Internal politics can be too constraining, the structured environment does not encourage quick results and outdated technology is in use for most part.

Viewing 10387 - 10389 of 10,465 Reviews

Glassdoor has 11,900 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.