State Street reviews

3.4

59% would recommend to a friend

(10,463 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 10,463 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
Aug 11, 2008
Recommend
CEO approval
Business Outlook

Pros

Good benefits package, nice office location (downtown Toronto)

Cons

It is a large organization, it can be a challenge navigating the bureaucracy to get things done. 24/7 support of application is required. No room for growth. High turnaround.

4.0
Mar 22, 2014

good, but theres better

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

very friendly staff depending on your team. excellent benefits, dental, pension, flex hours and work from home, pays for your courses, CFA included. sports reimbursement too.

Cons

low starting salary but made up for with the 1.5xOT hrs for anything over 40 a week, and 2xOT for anything over 50 assuming you dont mind doing the ot, but heck, if you get the work from home to do the OT, why not.

3.0
Oct 8, 2013
Recommend
CEO approval
Business Outlook

Pros

1.Very great work/life balance, or should I say too great.if it is not in peak time, you only need to spend like 2 hours max to do the daily job. and you can do whatever you want for the rest of the time. 2. In BPO or AIS departments, 90% of the employees are girls who just graduated from college/\university. So it is good if you are single guy and looking for gf. They love foreigners!!! 3. Good for female new graduates!!! Stable job, friendly work environment. 4. Most of the managers are easy going. They do not really have too many rules in the office. Well, some of them do not know /care what their teams are actually doing. So they rely heavily on some of the associate 2 or AM.

Cons

1. Like other SS division, very low pay and practically no bonus . If you are assigned from Boston or UK. Then it is a paradise here. Company will pay for your rent. I know all the experts or VP lives either in luxury hotels/condos. you got the $ salary instead of ¥. But if you hired locally. Then it definitely is a nightmare. The compensation is below the local average!!! After deducting your rent and food spending, you basically have no money left!!! 2. Limited career advancement. Honestly, if you and your supervisor/unit head are buddy-buddy. Then you should be promoted very quickly. But most of the time, senior management keeps hiring team leader externally instead of promoting us internally. They like ppl who have fancy experience but do not care how much they know of custody/fund accounting. And junior associates just felt like they are just a bunch of ass kissers who pretend to know everything. 3. Daily job is like an assembly line. You can work here for quite a few months and have no clue what you r doing.

Viewing 10438 - 10440 of 10,463 Reviews

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