State Street Reviews

Updated 31 August 2014
Updated 31 August 2014
1,307 Reviews

2.7
1,307 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
State Street President and CEO Joseph (Jay) L. Hooley
Joseph (Jay) L. Hooley
413 Ratings

Review Highlights

Pros
  • Company has good benefits and is looking to improve work/life balance for employees (in 120 reviews)

  • Many employees can work from home a few days a week if their responsibilities allow them to (in 55 reviews)


Cons
  • Work/Life balance is one of their "core tenets" but they don't practice what they preach (in 36 reviews)

  • long hours, too much operational work, not so many bright people that can inspire you (in 47 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Good place to work for fresher

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate  in  Mumbai
    Current Employee - Associate in Mumbai

    I have been working at State Street

    Pros

    Good learnig place for fresher

    Cons

    Slow growth and not a good pay master

    Advice to ManagementAdvice

    no comments

  2. 5 people found this helpful  

    m'eh

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street full-time

    Pros

    Good work-life balance, flexible hours, good culture

    Cons

    Poor staffing, laughably low salaries

    Neutral Outlook
    No opinion of CEO
  3.  

    Great people

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street

    Pros

    Really enjoy the life work and time spent with the people of both my team and those all involved within the bank

    Cons

    money is ok, but the commute could be better after working long hours helping cover those out on vacation time

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  5.  

    Client Services Fund Accountant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Services Fund Accountant  in  Quincy, MA (US)
    Current Employee - Client Services Fund Accountant in Quincy, MA (US)

    I have been working at State Street as a contractor for less than a year

    Pros

    I like how my schdule never changes. Work hard during the week and have weekends off. The workload for everyday is different. Some requests that come in I am not familiar with but I have great supporting team around me to help solve the discrepancies. The office environment is very diverse. People are really polite and respectful mostly.

    Cons

    Sometimes the day can seem long. Some people working the food stations in the cafeteria on the second floor can act moody towards the actual state street workers.

    Advice to ManagementAdvice

    No complaints

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Eh

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  Boston, MA (US)
    Current Employee - Vice President in Boston, MA (US)

    I have been working at State Street full-time for more than 10 years

    Pros

    Corporate culture and infrastructure support flex work, especially remote work

    Cons

    The only way to get promoted is to come in from the outside.

    Doesn't Recommend
    Disapproves of CEO
  7.  

    Good

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Associate  in  Paris (France)
    Current Employee - Senior Associate in Paris (France)

    I have been working at State Street full-time for more than a year

    Pros

    Good atmosphere And good team spirit

    Cons

    Everything is ok . I like state street corporate culture

    Advice to ManagementAdvice

    None

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at State Street full-time for more than 10 years

    Pros

    Flexibility in working hours, liberalism, great people

    Cons

    Too many bureaucratic obstacles in getting things done

    Positive Outlook
    Approves of CEO
  9.  

    Good internship experience...but could have been better.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Corporate Intern  in  Boston, MA (US)
    Former Employee - Corporate Intern in Boston, MA (US)

    I worked at State Street as an intern for less than a year

    Pros

    Friendly co-workers with a largely young workforce that interns can relate to; a lot of opportunity for promotion if you join the company after graduation; good location; meaningful work most of the time; flexible if something personal comes up

    Cons

    Starting salary is incredibly low - interns get paid the same or more per hour than an entry-level salary pays. Why offer so many internships when those now qualified students aren't going to want to stay with the company for this reason? Buildings are really spread out over the city so it's hard to get to know other interns/feel part of a commuinity

    Advice to ManagementAdvice

    Raise your starting salary and/or offer jobs at the end of the summer to make it seem like you care what happens to them afterwards

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Good company for college hire.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Administrator  in  Kansas City, MO (US)
    Current Employee - Fund Administrator in Kansas City, MO (US)

    I have been working at State Street full-time for more than a year

    Pros

    Training program, good team, above average benefits, support for flexibility.

    Cons

    A lot of overtime, no career planning, stressful.

    Advice to ManagementAdvice

    The company needs to address the high turn over rates in some of the operating units: work on retaining talents!

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Global Leader

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst
    Current Employee - Business Analyst

    I have been working at State Street full-time for more than 10 years

    Pros

    Great benefits & opportunities to gain experience.

    Cons

    Work-life balance is available in some parts of the company, not all.

    Advice to ManagementAdvice

    Make sure your management teams implement work-life balance oppertunites across the board.

    Positive Outlook
    Approves of CEO

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