State Street

www.statestreet.com

State Street Reviews

Updated 27 January 2015
Updated 27 January 2015
1,438 Reviews
2.8
1,438 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
State Street President and CEO Joseph (Jay) L. Hooley
Joseph (Jay) L. Hooley
466 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

270 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Opportunities to learn and get ahead

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

    I worked at State Street full-time

    Pros

    Variety of challenges, excellent systems and commitment to technology investments

    Cons

    comparatively lower salaries than competitors

    Advice to ManagementAdvice

    embrace diversity

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    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
  3.  

    Good experience and relaxed environment.

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

    I have been working at State Street as an intern (more than a year)

    Pros

    Good part time pay and understanding coworkers.

    Cons

    Not best pay in field.

    Advice to ManagementAdvice

    Keep talent inside the company with higher wages.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Good place. Mgt not caring

    • 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

    Nice coworkers. Interesting work available.

    Cons

    Challenging management. Rank and file looked at as
    Fungible.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6.  

    Good opportunities in a variety of roles/locations.

    Current Employee - Vice-President, Finance in Edinburgh, Scotland (UK)
    Current Employee - Vice-President, Finance in Edinburgh, Scotland (UK)

    I have been working at State Street

    Pros

    Good opportunities in a variety of locations.

    Cons

    Regulation and the admin around it.

    Advice to ManagementAdvice

    I have no advice for management.

  7.  

    General Review

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

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

    Pros

    Company benefits and policies are great. Flex time and working from home is allowed, but it is at the discretion of your manager.

    Cons

    There are a lot of opportunities within the organization if you're located in Boston. But if you're in the satellite areas, there may not be. The company seems to like to re-organize and lay off people much more often than most companies.

    Advice to ManagementAdvice

    Institute 360 degree review. There are a lot of poor middle managers who need better training on how to manage and work with people.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Investment Compliance Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Compliance in Hong Kong (Hong Kong)
    Former Employee - Investment Compliance in Hong Kong (Hong Kong)

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

    Pros

    1. People in my team are willing to teach and delegate new tasks to interns. Throughout out the internship, I gain certain hard skills because of it.
    2. The company promotes work-life balance. And thus most of the time I can get off on time, with occasions for OT around 30 minutes.

    Cons

    1. Jobs can be repetitive and operational, which some people may dislike.

    Advice to ManagementAdvice

    Try to organize some entertaining activities in team or cross team to create stronger bonding.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    State Street Review

    • 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 (more than 5 years)

    Pros

    Flexible working arrangements
    Global Mobility Program

    Cons

    There are no specific cons

    Recommends
    Positive Outlook
  10.  

    An intern treated with respect

    • 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

    The office culture was incredibly professional yet also laid back enough. I loved that my superiors always valued whatever input I had to offer and took the time to make sure I was satisfied, had enough work to do, and was given the proper amount of responsibility. I felt like I was actually contributing in a big way.

    Cons

    The company in general is very hierarchical, which often made it difficult to express my opinion, or intimidating at least. The company also has a reputation of being quite sexist, and I saw traces of this, especially in my department.

    Advice to ManagementAdvice

    They could work more on devoting more attention to the younger employees. These employees are the future of the company, after all.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    I have enjoyed it a lot. Good people and good place to work.

    • 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

    Good worklife balance. Good benefits.

    Cons

    Not too much upward mobility. A lot of turnover.

    Advice to ManagementAdvice

    Challenge more

    Recommends
    Positive Outlook

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