A good place to work before the financial crisis - Assistant Vice President State Street Employee Review

4.0
Feb 6, 2009
Recommend
CEO approval
Business outlook

Pros

Benefits are fairly good - 4 weeks of vacation for officers, 6% match for 401(k), health, dental, etc. The company is trying to institutionalize flexible work arrangements. At the moment, it seems to vary from manager to manager. There are people who have worked here for many years, which says something about employee satisfaction.

Cons

It seems to be more difficult for people who need more work/life balance to advance. The mood is fairly bleak these days due to layoffs, a decrease in bonuses and a salary freeze. Employees are doing more work for less compensation.

Explore other reviews about State Street

5.0
Jun 5, 2026
Recommend
CEO approval
Business outlook

Pros

on-boarding was easy, lot of learning opportunities/clients to service, nice co-workers

Cons

sparse work-load allotted, difficult client assignments, strict vps

1.0
May 14, 2026
Recommend
CEO approval
Business outlook

Pros

Remote work is (rarely) an option, though the approval process is extremely slow and bureaucratic. There are a few well-meaning colleagues who genuinely try to drive positive change before burning out.

Cons

Onboarding and HR processes are severely broken, taking 11 months to approve remote status and failing to prepare basic equipment for day one. The workplace culture is deeply hostile, with anger and yelling functioning as the default communication style across teams. Leadership turnover is rampant, resulting in constant re-organizations, splintered teams, and a total lack of strategic direction. Role clarity is non-existent, forcing employees to invent their own daily tasks while receiving entirely contradictory instructions. Direct management is completely absent; I went seven months without any contact from my boss before being laid off via a three-word instant message and short call.

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