State Street Reviews | Glassdoor

State Street Reviews

Updated June 25, 2018
3,379 reviews

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3.1
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State Street President and CEO Joseph L. Hooley
Joseph L. Hooley
1,131 Ratings

3,379 Employee Reviews

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Pros
Cons
  • "lot of politics no work life balance" (in 109 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. "Operations Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at State Street full-time

    Pros

    Great learning opportunities to learn about many global markets

    Cons

    Understaffed for the workload that is expected


  4. "Good entry job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Reporting in Sacramento, CA
    Current Employee - Financial Reporting in Sacramento, CA
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at State Street full-time (More than 3 years)

    Pros

    Time off is extremely well. Many positions allow work from home. Overall younger atmosphere since they hire mainly direct from college. Good place to work. If in the right department can promote quickly.

    Cons

    low pay!!!! You don't make money on the low end positions. That's the ONLY negative I can say.

    Advice to Management

    Management is great.


  5. "Career Killer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Officer in Boston, MA
    Former Employee - Officer in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at State Street (More than 3 years)

    Pros

    Paycheck every two weeks is nice.

    Cons

    Communication is poor. Money wasted on projects that are never finished. Does not invest in people. No development dollars put towards tech advancements. Upward mobility promised but never delivered.

    Advice to Management

    You have great people. Keep them informed and included or you will lose them like you lost me.


  6. "Senior associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street full-time

    Pros

    Good work life balance

    Cons

    Slow progression and bad pay

    Advice to Management

    Be open to growth


  7. "Honey Trap"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at State Street full-time

    Pros

    The company is a great place to start if you don't have much experience out of college. You can get good work experience here.

    Cons

    You will find other banks will pay 10 to 25% more for similar roles.

    Advice to Management

    Put salary info up front on the job listing.

  8. "Client Operations Senior Asscioate"

    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

    really flexible with hours, WFH
    OT available
    lots of vacation days

    Cons

    Low pay
    its more of a job than a career
    not work friendly environment


  9. "Functional Specialist"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at State Street full-time

    Pros

    Good Benefits: 3 weeks paid vacation, company 401k matching up to 5%

    Cons

    -Constantly given arbitrary deadlines that are impossible to meet
    -Extremely high turnover rate forces managers to give workloads way over employee capacity

    Advice to Management

    Work more on employee retention


  10. "various"

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

    Pros

    great vacation time, 401k match

    Cons

    health insurance could be better


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