State Street Reviews

Updated 12 September 2014
Updated 12 September 2014
1,277 Reviews
2.7
1,277 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
State Street President and CEO Joseph (Jay) L. Hooley
Joseph (Jay) L. Hooley
401 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.  

    Good entry level job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Trade Processor A1  in  Hadley, MA (US)
    Current Employee - Trade Processor A1 in Hadley, MA (US)

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

    Pros

    We get the chance to work from home sometimes, we can take breaks anytime

    Cons

    the salary is a low, the training is very limited.

  3.  

    Good place

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

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

    Pros

    Good culture and great environment

    Cons

    Traffic is bad from all directions

    Advice to ManagementAdvice

    Great environment

    Recommends
    Neutral Outlook
    Approves of CEO
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  5. 2 people found this helpful  

    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
  6.  

    Really loving it here.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Officer  in  New York, NY (US)
    Current Employee - Officer in New York, NY (US)

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

    Pros

    Great management, very supportive work environment, much better culture than the other GSIFIs. A place I can really see myself staying for a while.

    Cons

    The NY office isn't as nice aesthetically as the Boston office, but the pros mentioned above far outweigh this small downside.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    State Street - Bank Loans Specialist

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street

    Pros

    Ability to advance quickly if you are placed on the right team

    Cons

    Very low pay, you don't start making decent money until you get promoted to Senior

  8.  

    high quality of life, but low pay

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

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

    Pros

    3 weeks vacation and sick days, pretty much pick your schedule

    Cons

    very low pay, almost impossible to survive.

    Advice to ManagementAdvice

    Increase pay so people dont have to work 2nd jobs to avoid living paycheck to paycheck

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Work hard and be prepared for change

    • 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

    Pros

    Smart people, great technology, changes are constant

    Cons

    Changes are constant can be difficult to adjust

    Approves of CEO
  10.  

    NICE Experience

    • Culture & Values
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at State Street

    Pros

    Culture, Lifework Balance..
    Smart People.
    Nice colleagues..
    Nice working environment

    Cons

    Job Security.
    Most of the work is Product support which is not suitable for developers with brilliant thoughts...

  11.  

    Entry level position

    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street

    Pros

    You can almost find every kind of position you want to start a career in finance, through the three main divisions of the company.

    Cons

    Low salary compared to other corporations in the industry. Also not very sure about how easy it is to progress within a certain business unit in the company.

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