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State Street Reviews

Updated 19 February 2019
3,758 reviews

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3.1
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Approve of CEO
State Street President and CEO Ronald O’Hanley
Ronald O’Hanley
23 Ratings

Employee Reviews

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Pros
Cons
  • "No work/life balance, pay is not competitive" (in 123 reviews)

  • "Long hours for some departments" (in 186 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. "Accuont Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Senior Management
    Former Employee - Account Manager in Sydney
    Former Employee - Account Manager in Sydney
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Good benefits ,Good exposure to deal with clients

    Cons

    Too much work load on daily basis

  3. "Client Service Officer"

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

    I worked at State Street full-time (More than 5 years)

    Pros

    Big name to work for, able to learn different knowledge/skills with rotation program(think it’s no more now)

    Cons

    High turnover rate
    Micromanagement
    Management playing favourites
    Office bullying exist with no control from manager/AVP
    Work/life not balanced
    Under expected salary


  4. "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


  5. "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


  6. "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.


  7. "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

  8. "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.


  9. "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


  10. "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