State Street Reviews | Glassdoor

State Street Reviews

Updated May 24, 2017
688 reviews

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4.0
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State Street President and CEO Joseph L. Hooley
Joseph L. Hooley
264 Ratings

688 Employee Reviews

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Pros
Cons
More Pros and Cons

  1. "Manager"

    Star Star Star Star Star
    Current Employee - Manager in Kansas City, MO
    Current Employee - Manager in Kansas City, MO

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

    Pros

    good company to work at and to get trained after school

    Cons

    salary not that great


  2. "Pricing Analyst"

    Star Star Star Star Star
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA

    I have been working at State Street (More than 10 years)

    Pros

    Many different job opportunities within.

    Cons

    It is very easy to get pigeon-holed in one area of the company.


  3. Helpful (2)

    "Great company to start your career"

    Star Star Star Star Star
    • 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
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great company to work in if you are planning to make it your life career.

    Cons

    The pay is very low for the amount of hours they are requiring employees to work. And as for health care benefit, one of the worst I have ever had.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Great opportunities for people willing to work for them"

    Star Star Star Star Star
    • 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

    Pros

    I have worked with smart, hard working colleagues who are willing to go above and beyond, great access to flex time, ability to drive change if persistent

    Cons

    Can be very hierarchical at times

    Advice to Management

    Think beyond just your perspective; your employees have great ideas and are well worth listening to


  6. Helpful (2)

    "Vice President"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Vice President - Technology in Boston, MA
    Current Employee - Vice President - Technology in Boston, MA

    I have been working at State Street full-time (More than 10 years)

    Pros

    work life balance, decent benefits, continuous improvements in IT infrastrcuture

    Cons

    Does not match market on compensation side


  7. "International place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Business Analyst in Quincy, MA
    Former Contractor - Business Analyst in Quincy, MA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at State Street as a contractor (More than a year)

    Pros

    Interesting people to work with

    Cons

    Too many junior contractors to deal with

    Advice to Management

    Improve internal communication


  8. Helpful (1)

    "Was good place but cost pressures are destroying the good things"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Director and Managing Counsel in Boston, MA
    Current Employee - Managing Director and Managing Counsel in Boston, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at State Street full-time (More than 10 years)

    Pros

    Great benefits and exposure to lots of complex matters.

    Cons

    Lots of internal politics and offshoring is destroying the State Street of the 1990s and early 2000s that was such a great place to have a career.

    Advice to Management

    Stop offshoring if you want to keep US talent


  9. Helpful (1)

    "Summer Internship Program"

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

    I worked at State Street as an intern (Less than a year)

    Pros

    Great support from internship manager, structured program, the team cares about your success, lots of opportunities to develop your skills and network. After working for the summer as an intern I was extended to work part time through the fall.

    Cons

    Internship program has some room for improvement - would be nice to have more events to get to meet other interns as otherwise it can be hard to do so.

    State Street Response

    Apr 27, 2017 – State Street

    Thank you for your review. I’m so glad you enjoyed your internship! I especially appreciate hearing that you felt supported by your manager while improving your skills and network at State Street. We ... More


  10. Helpful (1)

    "Good job, ok pay, good benefits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Treasury Analyst in Kansas City, MO
    Current Employee - Senior Treasury Analyst in Kansas City, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at State Street full-time (More than 5 years)

    Pros

    The best thing about this company is the promote work from home.

    Cons

    If you find the right manager in the company you will do great. Alot of the managers do not have people skills and are not personable.

    Advice to Management

    People skills...other than that this is a great company


  11. "Good place to build your resume"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Analyst Trainee in Hadley, MA
    Current Employee - Operations Analyst Trainee in Hadley, MA
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at State Street part-time (Less than a year)

    Pros

    flexible hours, easy work (once you get through the learning curve),

    Cons

    boring, monotonous, mundane, stressful at first

    Advice to Management

    Officers are doing the best they can given the circumstances. If upper management wants to see more success out of this office, they need to invest. Due to the wage and lack of challenge, a lot of kids dont take it seriously at all.


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