State Street Reviews

Updated 18 April, 2015
1557 reviews filtered by
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2.9
1,557 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
State Street President and CEO Joseph (Jay) L. Hooley
Joseph (Jay) L. Hooley
503 Ratings

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 Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Good place to learn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Reporting Administrator in Toronto, ON
    Current Employee - Financial Reporting Administrator in Toronto, ON

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Have chance to be exposed to different types of clients, learn to meet their needs. It is very busy, lots of work, so you can grow very fast!

    Cons

    Too busy, no one cares your personal needs. What they care is whether you work is done on time or not

    Advice to Management

    recognizing employees' hard work, don't take it as granted.

  2. Great place to start

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street

    Pros

    It is a great environment to learn

    Cons

    The wages are low and the hours are long

  3. This is a global company which is a leader in hedge fund administration.

    • 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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    the company truly values a work life balance.

    Cons

    The company compensation is not upto par with the competitors.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. It is what you make it.

    • 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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    There is a great opportunity for internal movement and location change. Some great managers to learn from.

    Cons

    High turnover and lower salary

    Advice to Management

    Invest in staff.

  6. Helpful (1)

    Fund Accountant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accountant in Toronto, ON
    Current Employee - Fund Accountant in Toronto, ON

    I have been working at State Street

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Great people to work with

    Cons

    Pay isn't very good, should be spread out.

    Advice to Management

    Needs to stop hiring new people and instead increase the salary of current experienced employees

  7. Business Analyst (Contract)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Business Analyst in Toronto, ON
    Former Contractor - Business Analyst in Toronto, ON

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Multinational company with excellent access and communication portal within the company to further collaboration globally.

    Cons

    Permanent Salary should be more competitive

  8. Market leader in its sector, however long hours, staff engagement fairly low

    • 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 3 years)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Market leader in its sector, invests in technology and people

    Cons

    Long hours, staff engagement very low, focus is on cost cutting, not necessarily on quality of service

  9. all in all not bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Staff in Toronto, ON
    Current Employee - Staff in Toronto, ON

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    good people to work for and strong managment

    Cons

    after consistently overachieving, only received luke warm reviews

    Advice to Management

    pay more

  10. Poor Long-Term Potential

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Pricing Specialist in Toronto, ON
    Current Employee - Pricing Specialist in Toronto, ON

    I have been working at State Street

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    - opportunities to learn (particularly improve upon Excel skills)
    - good coworkers
    - appealing company name on resume
    - good place to get entry-level experience

    Cons

    - poor long-term potential
    - below average pay
    - more of a stepping stone job than a career (IMO)

  11. N/A

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

    I worked at State Street

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Location, people were very nice and big company so I am sure you will get to meet someone that has similar interests, 9-5

    Cons

    pay was very poor, not comparable to industry, high turnover

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