Good place to work however not great place to grow - Vice President State Street Employee Review

3.0
3 Dec 2009
Recommend
CEO approval
Business outlook

Pros

Excellent benefits. Most employees have 3-4 weeks vacation a year, company offers many different choices for health care. Technology usage is impressive. As a technologist can learn a lot about many different technologies.

Cons

Many senior managers are clueless as far as how best to leverage their best talent. Many have the attitude that we have always done it this way hence we should continue to do it this way. If you are not located in Boston it is very difficult to be promoted. Get the feeling that staff in NY are second class citizens. Too much middle management. Long hours with little compensation (whether it be financially or comp days).

Explore other reviews about State Street

5.0
23 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

2.0
21 Jun 2026
Recommend
CEO approval
Business outlook

Pros

The company has a great severence package. Unfortunately thats a pro because they are laying off workers every 3 months until most of operations are offshore. Decent 401k match and vacation.

Cons

Layoffs, pay is low. Return to office mandate.

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