Absolute horrible company - Vice President State Street Employee Review

1.0
Dec 31, 2023
Recommend
CEO approval
Business Outlook

Pros

Big company w HUGE headaches. You get to learn the frustrations of a big messy organization.

Cons

1. they let go employees at the end of the year to avoid paying standard and performance based bonuses. I have seen excellent employees with due great bonuses get laid off during December. 2. Benefits absolutely sucks. Even the top tier plan has multiple huge deductibles. Absolute garbage. 3. Pay way below market salary. 4. NO training, you supposed to figure it on your own using misguided documentation that widely incorrect, outdated, flat out poor. 5. Many SVPs and MDs are egotistical and or narcissistic. They believe they own the company and have no problem been horrible working with. These people really kill the company. 6. Your work experience and skills means nothing. No bonus, no mutual communication, no team collaboration, nothing. You get basic emails with poor communications. My strong advice, don’t leave your current job for this place, even if it might make you a bit more money. The frustration is not worth it. ONLY join if you unemployed and in need.

Explore other reviews about State Street

5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

on-boarding was easy, lot of learning opportunities/clients to service, nice co-workers

Cons

sparse work-load allotted, difficult client assignments, strict vps

1.0
May 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Remote work is (rarely) an option, though the approval process is extremely slow and bureaucratic. There are a few well-meaning colleagues who genuinely try to drive positive change before burning out.

Cons

Onboarding and HR processes are severely broken, taking 11 months to approve remote status and failing to prepare basic equipment for day one. The workplace culture is deeply hostile, with anger and yelling functioning as the default communication style across teams. Leadership turnover is rampant, resulting in constant re-organizations, splintered teams, and a total lack of strategic direction. Role clarity is non-existent, forcing employees to invent their own daily tasks while receiving entirely contradictory instructions. Direct management is completely absent; I went seven months without any contact from my boss before being laid off via a three-word instant message and short call.

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