State Street reviews

3.4

59% would recommend to a friend

(10,464 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 10,464 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
Dec 10, 2008
Recommend
CEO approval
Business Outlook

Pros

Good first job, way to get your foot in the door in the financial services industry. Certainly a good learning experience. Plenty of down time during the day (which can also be a weakness) to use for independent learning and development. Good amount of online training available. Recognized name. Good benefits. Very good 401(k) opportunities and vesting policy. A fairly safe company even given recent economic downturns. Senior and manager level is generally very competent and easy to approach. Located in arguably the nicest area of Boston.

Cons

Low pay compared to other companies in the industry (but also low work load and low initial expectations on job expertise, so probably the level of pay is very fair). Very high turnover. Not much challenge for creative minds. Groups seem to be "love it" or "hate it".

5.0
Nov 26, 2008
Recommend
CEO approval
Business Outlook

Pros

Vice president focus on real leadership creating an open communication environment, focus on people needs and trainning. Job environment is great and colleges are always able to help.

Cons

Some of the processes are not really computerized and a manual process is required. As any other work, once you master the operations it becomes tedious, but you have to manage to learn things from other areas.

3.0
Nov 26, 2008
Recommend
CEO approval
Business Outlook

Pros

State Street is a recognizable name to put on your resume and it will definitely give you a good experience in the field of your choice. As far as I know, State Street is one of the best technologically equipped companies in the industry. Paid vacation is sufficient. People are nice.

Cons

Based on the information that I have from other places and from recruiters, other companies in the industry pay much more money for the same positions. I would expect State Street to offset lower salary with covering insurance benefits 100%, but they don't. As within any big company, your voice might not be heard by Seniors.

Viewing 10408 - 10410 of 10,464 Reviews

Glassdoor has 11,899 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.