State Street is happy with mediocre performers - Principal State Street Employee Review

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.

Explore other reviews about State Street

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

1.0
Jul 1, 2026
Recommend
CEO approval
Business Outlook

Pros

They offer resources for learning.

Cons

In my previous roles I've never felt burnout but with this one is the first I was feeling crush. I don't think managers take time to structure the tasks on a 8hrs or 10hrs per day. There are a lot of unrealistic expectations, no work-life balance at all. Even if you made the sacrifice to stay late, you will not be done with the work for the day.

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