State Street Reviews | Glassdoor

State Street Reviews

Updated October 16, 2017
260 reviews

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5.0
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State Street President and CEO Joseph L. Hooley
Joseph L. Hooley
133 Ratings

260 Employee Reviews

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Pros
Cons
  • lot of politics no work life balance (in 102 reviews)

  • Long hours (work / life balance not really supported by management) (in 150 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (4)

    "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. "Valuable"

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

    I worked at State Street as an intern

    Pros

    Possible full time hire after graduation
    Young
    Helpful
    Respectful

    Cons

    Hourly rate was a little lower than industry

  3. Helpful (1)

    "decent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investor Services Manager in New York, NY
    Current Employee - Investor Services Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    room for growth. project opportunities. decent benefits. great people to work with.

    Cons

    salaries are a bit below fair market value. quite a bit of red tape.

    Advice to Management

    keep engaging employees. pay them more.


  4. "State Street Global Advisors"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Intern - Summer Analyst in Boston, MA
    Former Intern - Summer Analyst in Boston, MA

    I worked at State Street as an intern

    Pros

    Strong team, numerous capabilities across product spaces

    Cons

    Low compensation, somewhat variable workflow,


  5. "Intern"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street part-time

    Pros

    Great work atmosphere and teamwork environment.

    Cons

    do your work there are no cons to working here.


  6. Helpful (1)

    "Assistant Vice President"

    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

    Very flexible. Good work/life balance.

    Cons

    Difficulty getting promotions and moving within the company

    State Street Response

    Oct 4, 2017 – State Street

    Thank you for your review. I’m glad you mention State Street’s focus on work/life balance. We know that acquiring and retaining top talent means having a culture that encourages folks to not only... More


  7. "Intern"

    StarStarStarStarStar
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at State Street as an intern

    Pros

    Supportive and collaborative work environment

    Cons

    not really that much downside

  8. "Senior Tax Analyst"

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

    I worked at State Street full-time (More than 8 years)

    Pros

    The company has a lot of programs, training are great for knowledge, also promote to growth within the company.

    Cons

    The volume of the works.


  9. Helpful (1)

    "Great Opportunities for Growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in New York, NY
    Current Employee - Assistant Vice President in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Mobility options, talented people willing to help more junior people learn, good culture.

    Cons

    Seemingly prefer external hires over internal promotions, bureaucratic environment of "red tape" slows decisions.

    Advice to Management

    Keep focusing on culture change and mobility aspects.

    State Street Response

    Sep 7, 2017 – State Street

    Thank you very much for your comments. In my experience, I have found that my colleagues have been very willing to train and teach me when I need to learn about a new business area which has made my... More


  10. "Very Friendly Team"

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

    I worked at State Street as a contractor

    Pros

    You get lots of exposure to corporate banking and trust. People there are very friendly.

    Cons

    The pay is relatively low.


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