I didn't quit because of the company, I quit because of management! - Anonymous employee State Street Employee Review

3.0
13 Aug 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

benefits, laid-back atmosphere, flexible, wfh, business casual

Cons

1)Hiring process takes too long. More than 6 weeks? Ridiculous. 2) Extremely difficult to get back once you leave even if you had an outstanding record on your ppr, goes to show how ppr is useless 3) If you have no connections, you're not going to get in. If you are a recent grad, then you might have a chance. If you have experience, go somewhere else because they're not going to look at your resume. My dept gives warnings to those who don't finish their work on time and it's not because they're incapable. It's the system, network problems, pc problems, not enough workers, process is time consuming, but upper mgmt don't want to hear that. Not paying employees for OT is illegal. Workers suck it in because they need a job, they have families, they have mortgages. One of these days, someone will sue. Not every dept is like this. I loved my job for many, many years. I had to quit the job I love to keep my sanity because of new mgmt. One week, we would agree on something, the next week, she denied saying it and suggesting things that are illogical. It happened a few times. I learned later that those who used to work there left for the same reason and that was more than a decade ago. Don't bother to report to HR because they will always side with upper mgmt especially if upper mgmt had been working there for half a century. Don't bother recording the one-on-one session to prove it because it's not going to help. There are good managers around, but most of them either left or got laid off.

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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