You are just a number - Associate State Street Employee Review

2.0
8 Jan 2024
Recommend
CEO approval
Business outlook

Pros

The company is very supportive of volunteering efforts and offers paid time off for employees who volunteer for local organizations.

Cons

It used to be a staple in the community and a steady place of work. Unfortunately, as the company grew, long term employees became just a number, easy to replace and overworked. I was an employee for 15 years and oversaw billions of dollars on a daily basis, but wage raises were hard to come by, never kept up with inflation or added responsibilities. Moreover, when “diversity at management levels” became a priority, the person I trained as an intern became my direct manager (promoted 5 times in two years), solely based on racial bias. I got paid to leave upon taking the company to court over this matter, so I can’t disclose more. I was going to leave anyway, for both personal and professional reasons (I just wasn’t fond of their practices - both in regards to their clients and employees). I used to love working for SSB; now I just thank them for generously contributing to my early retirement.

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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