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State Street Reviews

Updated 9 December 2018
3,647 reviews

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3.1
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State Street President and CEO Joseph L. Hooley
Joseph L. Hooley
1,218 Ratings

Employee Reviews

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Pros
Cons
  • "Need more transperency, work life balance" (in 117 reviews)

  • "Long hours and can be stressful at times (like most jobs)" (in 183 reviews)

More Pros and Cons

  1. "Excellent Team"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in Sydney
    Current Employee - Anonymous Employee in Sydney

    I have been working at State Street full-time

    Pros

    Teammates are really supportive and friendly.

    Cons

    Sometimes need to work on public holidays


  2. "Senior Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at State Street full-time

    Pros

    Good team, relaxed hours, can move overseas if desired

    Cons

    Hard to move up, management push all work onto junior staff

  3. "Slow moving Ship"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Officer in Sydney
    Current Employee - Officer in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at State Street full-time (More than a year)

    Pros

    Gym subsidy, Educational reimbursement, ability to buy additional leave, increased super including life and TPD insurance that's included.

    Cons

    Super bureaucratic, slow moving, no one takes ownership and shifts blame, APAC is left in the cold regarding head count

    Advice to Management

    Spend some time identifying talent early on and promoting internally would reduce turn over


  4. "AVOID AT ALL COSTS! Place is a godless hell hole."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate - IMS in Sydney
    Former Employee - Senior Associate - IMS in Sydney
    Doesn't Recommend
    Negative Outlook

    I worked at State Street full-time

    Pros

    Free fruit and biscuits in pantry.

    Cons

    Undoubtedly, by far the worst company to have ever worked for.
    Low Pay
    Long Hours
    Horrible Management (you're just another number to them)
    Quiet office - no one speaks to each other.
    Micromanagement
    0 culture! Christmas parties are self funded..
    Systems and technology are ARCHAIC!!!!

    The list goes on and on..

    Advice to Management

    loud is not necessarily right,, far too many painpoints to list.


  5. "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Good training and location good for fresh graduate

    Cons

    Low salary long hours average management


  6. "account analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at State Street full-time

    Pros

    Great office location, number of positions can apply.

    Cons

    Small group culture overall. Senior management does not provide fair view and chance on promotion and support. Unspoken suck up culture for long time to get to the top.


  7. "more suit for experienced employee"

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

    Pros

    global exposure, financial technology inproving

    Cons

    lack of career support, restriction undergoing

    State Street Response

    28 Aug 2018 – State Street

    Thank you for your response. I agree that as employees we are able to benefit greatly from working for a global organization such as State Street. We get exposure to different people, cultures and... More

  8. "Fund Accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at State Street full-time

    Pros

    Friendly colleagues and good social events

    Cons

    Outdated software and practices, poor starting salary


  9. "Client service specialist - Assistant Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at State Street full-time

    Pros

    Can not think of any

    Cons

    Bad management; low salary comparing to similar role; limited new knowledge

    Advice to Management

    Too many people not performing


  10. "Senior Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Sydney
    Former Employee - Anonymous Employee in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great place to work, good culture.

    Cons

    Poor salary, but OT is well paid.