State Street Reviews | Glassdoor

State Street Reviews

Updated December 12, 2017
3,107 reviews

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3.1
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State Street President and CEO Joseph L. Hooley
Joseph L. Hooley
1,035 Ratings

3,107 Employee Reviews

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Pros
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More Pros and Cons

  1. Featured Review

    Helpful (7)

    "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. "Account maintenance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Maintenance Coordinator in Quincy, MA
    Former Employee - Account Maintenance Coordinator in Quincy, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at State Street full-time (More than 10 years)

    Pros

    Convenient location To mbta. Base pay is decent. Parking is free. Lots of discounts for local gyms. Overall decent place to work

    Cons

    Management ignores problematic people and lets them disrupt the positive atmosphere. Caf isn’t great. Food could definitely improve with variety

  3. "Great big bank with small bank feel"

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

    I worked at State Street full-time (More than 3 years)

    Pros

    If you work in the main corporate office, it has a smaller feel than it really is (30000+ employees). But that's a good thing. As far as large corporations go, it's probably the best place in Boston to work. Regular performance assessments, accessible managers.

    Cons

    There were a few RIFs (rounds of layoffs) in my time. Not always management's fault, but something to be aware of for all levels of staff.


  4. "Intern"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street part-time

    Pros

    A lot of opportunities and ways to get involved

    Cons

    long hours and can be overwhelming


  5. "Management"

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

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

    Pros

    Great communication
    Great managers
    Great co-workers
    Efficient teamwork
    automated programs

    Cons

    Dull work environment
    Repetitious work
    Decent turnover rate

    Advice to Management

    Find ways to keep employees satisfied


  6. "Good place to start but confusing and strenuous environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - GTP Screener in Hadley, MA
    Former Employee - GTP Screener in Hadley, MA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at State Street part-time (More than a year)

    Pros

    - Good pay.
    - Excellent way to get your foot in the door in the industry.

    Cons

    - No one could explain to me how my role fit into the organization.
    - High stress environment.

    Advice to Management

    Learn more about how your employees fit into the company and explain to them their role better.


  7. "Associate II"

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

    Pros

    You can work from home 2 times a week

    Cons

    Depending on the group/area of the business, work can be repetitive

  8. "Senior Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at State Street full-time

    Pros

    good people to work with, flexible hours, good benefits and vacations

    Cons

    moving jobs to India, don't pay much


  9. Helpful (1)

    "Another poor State Street review"

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

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

    Pros

    The benefits can be good starting out and for people new to the workforce, it's a great stepping stone. It's just not more than that.

    Cons

    Workers, especially at lower level, are expendable. Higher corporate is always looking to downsize to fatten their own pockets. The company encourages backstabbing, manipulating the system, and doing whatever it takes to rise up. In my own team we bend over backwards to meet our goals, and because we haven't had any major disaster, we now have less people on our team because 'we can handle it'.

    Advice to Management

    Recognize your employees' merit. I was lucky my manager and supervisor did a lot to make sure we were at least appreciated on a small level. This company is hemorrhaging what little morale and loyalty it has left, and this strategy is penny smart dollar stupid. I was once addressed by my employee ID number like a prisoner instead of by my name. That alone should speak volumes about how people are treated within the company.


  10. "Good for starters"

    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

    Pros

    Good benefits package, nice working environment.

    Cons

    Limited room to move up.

    Advice to Management

    Some managers are so lay back to create promotion opportunities for new comes.


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