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      State Street

      Engaged Employer

      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

      Ratings by demographic groups

      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
      2.0
      Oct 16, 2008

      Get entry level experience and leave for more money

      Senior associate
      Recommend
      CEO approval
      Business Outlook

      Pros

      it's a good company to get your entry level experience because of the name recognition and good reputation. They have a good training program and different employee networking organizations. All departments are of cource different but dont go into Fund Accounting, its just not rewarding and not very interesting

      Cons

      All departments are different, some might be better than others but State Street is notorious for very low starting salaries. It is also very hard to get promtions and hard to get into training programs. Some management just says that it is not the most efficient use of your time.

      2.0
      Oct 11, 2008

      Underpaid entry level job

      Account administrator- loan services unit
      Recommend
      CEO approval
      Business Outlook

      Pros

      Well known company in a great city, great for entry level. Most other entry level workers are around the college grad age, so if you are just moving to Boston it is a great place to make new friends.

      Cons

      Pay is terrible, you start at $32,000 a year based on a 36.5 hour work week, and trying to live in Boston on that salary is hard to do when you must pay $1,000+ per month for an apartment in the city. Rarely do you end up only working 36.5 hours as you are required to work long days and occasional weekends during quarter ends. You must put in a lot of years before being promoted.

      3.0
      Oct 2, 2008

      Strong, safe company, solid work/life ballance, low compenstion.

      Senior associate - it
      Recommend
      CEO approval
      Business Outlook

      Pros

      State Street is a large, stable company that is growing despite difficult economic times. The benefits are very good; the hours and work life balance is excellent in my position. The management team that I work for directly is great.

      Cons

      The salary is quite low. Being a large, tradition corporation, I find myself doing the same things over and over with little strategic input. There are a lot of folks in my area that come in, give their 8 hours, and head home; they do what they have must to get through the day, but there is not an effort to try to improve the normal processes.

      Viewing 10426 - 10428 of 10,464 Reviews
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      ReviewsState Street 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.