3 Stars for Average - Managing Director State Street Employee Review

3.0
Jan 25, 2016
Recommend
CEO approval
Business outlook

Pros

During my time at State Street I was able to grow tremendously and make great and lasting friendships. Benefits are okay - nothing special. Was able to gain frequent exposure to senior management (MC members). Role, rank, and industry exposure allowed me to move on to a new firm with ease.

Cons

For every one 'A' person there are 5 B's. 300 C's and 30 D's and F's. There is a lack of vision and strategy around the evolving landscape of the core businesses. State Street is very political in the upper ranks. Investment in human capital is lacking. Most business and corporate units are understaffed or have average people in the seats. Driving true change throughout the organization is very difficult as a result.

Explore other reviews about State Street

5.0
Jun 23, 2026
Recommend
CEO approval
Business outlook

Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

2.0
Jun 21, 2026
Recommend
CEO approval
Business outlook

Pros

The company has a great severence package. Unfortunately thats a pro because they are laying off workers every 3 months until most of operations are offshore. Decent 401k match and vacation.

Cons

Layoffs, pay is low. Return to office mandate.

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