State Street

www.statestreet.com

State Street Reviews

Updated 27 January 2015
Updated 27 January 2015
1,441 Reviews
2.8
1,441 Reviews
Rating Trends

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

Review Highlights

Pros
  • Good work life balance with potential to work from home or create a flexible schedule (in 132 reviews)

  • The flex work schedule, most people have an option to work from home twice a week (in 65 reviews)


Cons
  • Work/Life balance is one of their "core tenets" but they don't practice what they preach (in 42 reviews)

  • long hours, too much operational work, not so many bright people that can inspire you (in 57 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    good work profile, not so gd pay master

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Team Lead in Mumbai
    Former Employee - Team Lead in Mumbai

    I worked at State Street full-time (more than 3 years)

    Pros

    a must for new joiners & gives u opportunity to perform & take responsibilities

    Cons

    not so good payer, lack of motivation

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Operations Associate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Associate in Bangalore
    Former Employee - Operations Associate in Bangalore

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

    Pros

    Nice office, good pay and work timings

    Cons

    No culture, not a good management, work is horrible and politics is quite dirty

    Advice to ManagementAdvice

    Understand the needs of the employees and teach the managers some culture and how to behave with employees

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Awesome work place to grow up your knowledge

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Fund Accountant, Associate I in Pune
    Former Employee - Fund Accountant, Associate I in Pune

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

    Pros

    Its world leading and very old custodian bank. Its also having good position in the world. Providing good services.

    Cons

    Senior are not very supporting but not every senior.

    Advice to ManagementAdvice

    To keep good behavior with you juniors.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5. 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

  6.  

    Very good

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

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

    Pros

    Enjoyed the work & the people.

    Cons

    At times I felt we were understaffed.

    Recommends
    Positive Outlook
  7.  

    Fund Accountant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accountant in Toronto, ON (Canada)
    Current Employee - Fund Accountant in Toronto, ON (Canada)

    I have been working at State Street

    Pros

    Great people to work with

    Cons

    Pay isn't very good, should be spread out.

    Advice to ManagementAdvice

    Needs to stop hiring new people and instead increase the salary of current experienced employees

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    "Great company for benefits and work-life balance"

    • Comp & Benefits
    • Work/Life Balance
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    The benefits were pretty good. This is the only company that I know of that where you get three weeks of vacation after your first year of employment. In most departments there is a great work-life balance.

    Cons

    The biggest one for me was the starting pay, it has decreased considerable over the years. Also, most of the company sponsored perks have been completely cut.

    Recommends
    Approves of CEO
  9.  

    Intern in operations.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at State Street

    Pros

    The experience was pleasant, I was in a bit of not-knowing if I would have been offered a full-time opportunity or not. The staff is very nice and I was situated in the main branch of State Street which is on Lincoln street. I ended up opting out for another opportunity that came my way.

    Cons

    I don't have any feedback to give in terms of my intern experience. I just wish that they were more up-front about whether I was considered for a full-time placement. Overall, the experience was a good learning experience and the department was going through some down-sizing at the time as well.

  10.  

    good environment

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

    I worked at State Street

    Pros

    pressure is not high, good office environment

    Cons

    tech stack is mostly old and traditional, the style is a bit old

  11.  

    A great internship experience for a college student.

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

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

    Pros

    Engaging environment that promoted learning and growth. Interns were given the same responsibility that other associates and analysts were given.

    Cons

    The work often became routine, so much so that it could get boring. Always good to keep asking for new work or trying different business groups.

    Recommends
    Positive Outlook
    Approves of CEO

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