Worst company I have ever worked for. Avoid at all costs! - Vice President - Technology State Street Employee Review

1.0
27 Feb 2019
Recommend
CEO approval
Business outlook

Pros

Work from home flexibility is nice, but that is where the benefits end.

Cons

Everything is outsourced. On boarding is a nightmare, with different parts of IT outsourced to different companies, and they are the worst. Even HR is outsourced, and they fail to provide on-boarding documentation required by law. Business is doing soo poorly due to mismanagement, that compensation increases (raises/bonuses) are non-existent. No technical direction from management. Infrastructure (hardware/software) is soo old, you literally need to run a 4 year old web browser to use some applications. Desks are tiny, as to cut costs, they have crammed staff into a single floor. Flat org, so no opportunity for advancement.

Explore other reviews about State Street

5.0
23 June 2026
Recommend
CEO approval
Business outlook

Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

2.0
21 June 2026
Recommend
CEO approval
Business outlook

Pros

The company has a great severence package. Unfortunately thats a pro because they are laying off workers every 3 months until most of operations are offshore. Decent 401k match and vacation.

Cons

Layoffs, pay is low. Return to office mandate.

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