A terrible experience: I learned nothing new and applied 0 knowledge from college. I wasted 3 years at this company.. - Anonymous employee State Street Employee Review

1.0
Sep 6, 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Lots of free time to look for different jobs. Really good at copy and paste and pressing “run” on macros.

Cons

Project Ocean is a joke. State Street is moving the entire middle and back office to India to save money. Wasting your existence and short time on this Earth working at a company that underpays you and gives you no marketable skills/experience for new firms is hardly a rewarding experience. Spending your day reviewing work being done by outsourced joint venture teams in India, who know nothing, constantly make mistakes, and all the while knowing the reason you are doing this is so that they can eventually take your job when fully trained is depressing and makes you and everyone in SSGS hate their existence. Also you are the laughing stock of the industry because everyone knows SSB pays far below the industry standard. State Street (unless you are at SSGA of course) is a complete joke. They underpay far below the industry standard, which attracts subpar talent who know nothing and horde their positions by not sharing knowledge to new talent because they are afraid of losing their $60k/year jobs. If you have any talent / self respect do not waste your time on this squid island. You will end up lambasted here and benchmark your career at a lower salary level for years to come. Run away and don’t look back

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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