State Street Reviews

3.4

60% would recommend to a friend

(10,437 total reviews)
avatar

Ronald O’Hanley

68% approve of CEO

57% positive business outlook

State Street has an employee rating of 3.4 out of 5 stars, based on 10,437 company reviews on Glassdoor which indicates that most employees have a good working experience there. The State Street employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

10K reviews
1.0
2 Jul 2014
Recommend
CEO approval
Business outlook

Pros

Good work life balance. Good training.

Cons

The salary is crap and when you get promoted you are told that we cannot give you anymore as we just don't have the money but please take on the extra responsibility and extra hours for nothing because you should just love to work for us !! There isn't much in terms of progression.

1.0
2 Feb 2016
Recommend
CEO approval
Business outlook

Pros

None. Do not be fooled by the shiny building in Canay Wharf.

Cons

Working at State Street is like working with a boot constantly on your head. Long hours, low pay, useless management, poor systems. Bullying is encouraged by Senior Management, the company is set up to control their employees. No one hangs around for long. DO NOT WORK HERE.

1.0
5 Dec 2014

If you have worked anywhere else this will be worse

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

They pay you each month (nowhere near the market rate but they do pay you!) "Welcome to State Street" seems a nice thing to say but it is the phrase they use to new hires when the new hire questions the ludicrous ways that State Street does things! Translates to "I know its absolutely ridiculous but don't even bother thinking you're going to change anything."

Cons

No strategy. Unbelievably status oriented. Don't bother having any ideas about how you could improve things- it's only your boss who can have ideas. And don't try arranging a meeting with someone of a higher "bank grade" or sending them an email. They won't respond. Dictatorial Culture of presenteeism. You need to be seen to be in the office and for extended hours. It's not about what you deliver.

Viewing 1 - 3 of 10,437 Reviews

Glassdoor has 11,865 State Street reviews submitted anonymously by State Street employees. Read employee reviews and ratings on Glassdoor to decide if State Street is right for you.