State Street Reviews | Glassdoor

State Street Reviews

Updated February 20, 2017
2,645 reviews

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2,645 Employee Reviews

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  1. Helpful (1)

    "Accounting Administrative Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Boston, MA
    Former Employee - Administrative Assistant in Boston, MA
    Recommends
    Positive Outlook

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

    Pros

    Nice culture, very knowledgeable people. Lots of opportunity for internal movement

    Cons

    Low salary and lack of promotions.

    Advice to Management

    Promote more internally instead of hiring new people


  2. "Not for me"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in New York, NY
    Former Employee - Project Manager in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great work life balance at times

    Cons

    Bad management when good management was needed

    Advice to Management

    Stop outsourcing


  3. "Decent place to get your feet wet in the finance industry"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Accountant Associate II in South Boston, MA
    Current Employee - Fund Accountant Associate II in South Boston, MA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Benefits are good for all involved as vacation days, health care, maternity/paternity leave go well beyond industry averages. Working from home is also a perk to those who want to.

    Cons

    Fewer challenging tasks and it is difficult facilitating growth to higher earning analytical jobs. The benefits are such that it seems people work there primarily for the benefits and as a result there is a lot of unrealized potential


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  5. "Information Technology Intern"

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

    Pros

    State Street has a fairly large intern program at their Boston locations. I spent two summers as an intern in their 10 week summer intern program. The recruiters who are in charge of the interns doe a great job of trying to keep everyone engaged and provide ways to gain experience beyond the specific department you work in.
    As far as getting a job during and after the program, the program offers seminars on resume building, interview strategy, and job opportunities (including any available associate positions and entrance level programs).

    Cons

    If you are not assigned to the department that you actually want to work in, you will have to find another way to develop a report with managers in that department. If you are not part of an intern team (as the offer in some of the departments), you will need to speak with your manager and try to network your way into relationships with other, more desired department.

    Advice to Management

    While working with the interns, if you do not have any work for them, encourage them to shadow someone else. Everyone seemed to be very happy to help out interns if they just asked. Unfortunately, interns were apprehensive to take advantage of shadowing opportunities because they didn't want to abandon any work they might receive in that time.


  6. "Good opportunity"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President Project MAnager in Boston, MA
    Current Employee - Assistant Vice President Project MAnager in Boston, MA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    flexible work arrangement, career opportunities

    Cons

    poor technology makes it difficult to work


  7. "benefits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - AVP-Analyst in New York, NY
    Current Employee - AVP-Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    decent benefits, up to par with other financial

    Cons

    minimal raises almost very year


  8. "Customer Service"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Lots of vacation time and flexible schedule

    Cons

    Low pay and little opportunity for advancement


  9. "Associate II"

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

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

    Pros

    Good vacation policy. Overtime pay for additional hours worked. Work is quickly learned. Ability to work remotely is now offered to all

    Cons

    Pay lower then expected. Management does not share big picture with employees. Office changes location quickly without notice. Many employees hired for Boston and then sent to Quincy within 3months

    Advice to Management

    More career growth required


  10. "Operations Processing Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Flexible scheduling and many hours available to employees, so you can pretty much pick your own hours. Also, great coworkers.

    Cons

    The pay is fairly low, especially when compared to other employment opportunities in the area. The work is also very repetitive, dull, and repetitive.

    Advice to Management

    Bring a more positive additude to work, and your employees will likely bring more positive attitudes too. Also, have a better training process for new employees.


  11. "Okay place to start out"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Accountant in Kansas City, MO
    Current Employee - Fund Accountant in Kansas City, MO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    WFH access
    Business casual
    Mostly friendly employees
    Easy to enter
    Fairly good opportunity for advancement
    Good benefits

    Cons

    Lots of overtime
    No flexible schedule (sometimes management will change your work hours and you have no choice)
    Poor work-life balance
    Fairly low pay
    High turnover makes the job harder for those stuck with more work/training in the interim

    Advice to Management

    Be more connected with your employees, especially before/during structural changes and new idea implementation. Have actual training methods and a plan for how to get new employees properly trained. Give employees more access to what's happening in the company.



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