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State Street Reviews

Updated 18 October 2018
3,580 reviews

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3.1
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State Street President and CEO Joseph L. Hooley
Joseph L. Hooley
1,193 Ratings

3,580 Employee Reviews

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Pros
Cons
  • "Need more transperency, work life balance" (in 117 reviews)

  • "Long hours and can be stressful at times (like most jobs)" (in 179 reviews)

More Pros and Cons

  1. Helpful (3)

    "Awesome"

    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

    People are promoted/given opportunities on merit.
    Most colleagues are lovely.
    Lots of opportunities for development if you ask for them. You aren't given stuff but that's the way most companies work.

    Cons

    There can be malaise amongst staff who have been there for a long time but that's possibly from a lack of perspective as they haven't worked in many other places and so don't know what it's like elsewhere.
    Sometimes standards expected of people can be too low.

    Advice to Management

    I think you're doing a great job. Just make sure that promoting/rewarding high performers isn't too much of an administrative headache.

    State Street Response

    30 May 2018 – State Street

    Thank you for providing your feedback on State Street. I agree that employees are rewarded based on their performance and there are many opportunities to develop your technical, professional and... More


  2. "SS Edin"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    People, Location, Client site, Work Life balance

    Cons

    Salary, everyone for themselves, stuffy, regimented

    Advice to Management

    Too many procedures and checklists, no freedom

  3. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing Manager in London, England
    Former Employee - Marketing Manager in London, England
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Excellent benefits
    Interesting research
    Impressive community involvement

    Cons

    Can be slow moving
    A lot of layers
    Very US centric so autonomy can be hard to achieve for other offices

    Advice to Management

    Build on what you’ve done very well, and improve agility where possible


  4. "Overall a fair experience. Would reccomend but only stay for a few years"

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

    Pros

    Lots of autonomy and scope for learning.

    Cons

    Be expected to work long hours with little reward. The constant threat of jobs being outsoursced

    Advice to Management

    Actually value the efforts your staff make. They wirk very hard under extremely difficult conditions


  5. "Good experience for hungry junior candidates"

    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

    If you have a drive and show initiative you can be rewarded with a great deal of responsibility early on in your career.

    Cons

    Workload can be overwhelming at points. Pay is generally less than main competitors but has a good reward / bonus set up.

    Advice to Management

    Stop trying to cut costs and invest more in resource. Too many teams are under staffed which creates unmanageable work load, stress and ultimately staff moving else where.


  6. "Friendly people, all approachable"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    I worked on the trading floor, everyone was friendly and easy to speak to, especially those who were senior. I was given a lot of responsibility from the start.

    Cons

    With such a large organisation it can sometimes take time to get things done.

    Advice to Management

    Invest more turning interns into graduates.


  7. "Good but could be much better!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst -Change Management in London, England
    Current Employee - Business Analyst -Change Management in London, England
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at State Street full-time (More than 8 years)

    Pros

    The work-life balance is good and the working enviroement is positive

    Cons

    Low salary - lack of development opportunities

    Advice to Management

    Pay more who really deserve it and be more business oriented.

  8. "Poor management attitude"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Edinburgh, Scotland
    Current Employee - Anonymous Employee in Edinburgh, Scotland
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    - health insurance
    - good office
    - good team

    Cons

    - low salary
    - unpaid overtime
    - poor management

    Advice to Management

    Company not up to date! Management with poor communication skills.


  9. "It was good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I worked at State Street part-time

    Pros

    Great place to work par-time

    Cons

    The food was not great


  10. "Middle Office Administrator"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at State Street full-time

    Pros

    Close to Bonarka shopping centre

    Cons

    Horrible place to work. Blaming and bullying culture. No help from colleagues or management as they are always ‘too busy’. The staff turnover in the middle office is the highest in the company.

    Advice to Management

    Treat you staff with respect!


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