State Street Reviews | Glassdoor

State Street Reviews

Updated August 18, 2018
3,489 reviews

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3.1
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State Street President and CEO Joseph L. Hooley
Joseph L. Hooley
1,168 Ratings

3,489 Employee Reviews

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Pros
  • "Large emphasis on work/life balance, also helps that the job doesn't require a physical presence" (in 348 reviews)

  • "Many employees were able to work from home 1 or 2 days a week" (in 257 reviews)

Cons
  • "Need more transperency, work life balance" (in 111 reviews)

  • "Expect long hours during busy season and overtime work" (in 173 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (14)

    "Great career opportunities and growth potential"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Director in Boston, MA
    Current Employee - Managing Director in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at State Street full-time (More than 8 years)

    Pros

    The people are great and there are always opportunities to raise your hand and take on a new challenge that can propel your career forward. Just like any other company, your career growth at STT is what you make of it.

    The company is investing in its people and technology which is great. The focus on innovation and next gen technology in our company and industry is exciting.

    Cons

    None that are exceptional and worth noting.

    Advice to Management

    Keep investing in our people, innovation and next gen technology.

    State Street Response

    Oct 4, 2017 – State Street

    Thank you for taking the time to share your experiences on career advancement and where we’re going with our technology. State Street is extremely committed to both our people and our technology... More


  2. "Associate 1"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at State Street full-time

    Pros

    Great learning potential and numerous benefits

    Cons

    Long days and inconsistent workload

  3. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at State Street full-time

    Pros

    Good managers and talent development opportunities

    Cons

    It is (and feels like) a big compant


  4. "PDP"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - PDP in Boston, MA
    Current Employee - PDP in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at State Street (More than a year)

    Pros

    Good program, good opportunities if you want them

    Cons

    Can get lost sometimes due to size of organization


  5. "avp"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street full-time

    Pros

    ability to move within the company

    Cons

    offshoring rapidly and losing talents within


  6. "Fund accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street full-time

    Pros

    Great learning opportunity and flexible hours

    Cons

    Lack of training when first straying.


  7. "Great Place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at State Street full-time

    Pros

    Great place to work..Lot of learning opportunities and management was very supportive

    Cons

    Cant think of any at his time

  8. "Client Service Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA

    I have been working at State Street full-time (More than a year)

    Pros

    great company to grow with full benefits

    Cons

    can't think of any.


  9. "Great!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at State Street full-time

    Pros

    Great Pay and Development for Interns

    Cons

    You have to be self starting


  10. "It's alright"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street full-time (More than 8 years)

    Pros

    Great hours (8:30-5:00, no overtime, lots of flexibility)

    Cons

    So many layoffs. It makes people nervous and cranky. The Offshoring initiative is devaluing so much of the work, leading to client attrition, which then leads to more layoffs.

    Advice to Management

    Hit pause on the offshoring and layoffs and refocus of providing value to customers, before competitors pick off all the best clients.


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