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State Street Reviews

Updated 10 December, 2018
3,651 reviews

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3.1
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State Street President and CEO Joseph L. Hooley
Joseph L. Hooley
1,220 Ratings

Employee Reviews

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Pros
Cons
  • "Need more transperency, work life balance" (in 117 reviews)

  • "Long hours and can be stressful at times (like most jobs)" (in 183 reviews)

More Pros and Cons

  1. "Pricing Speicalist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Pricing Specialist in Toronto, ON
    Former Employee - Pricing Specialist in Toronto, ON
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    - Good environment
    - relaxed
    - easy to learn

    Cons

    -not much room to grow


  2. "Flexible working hours"

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

    I worked at State Street full-time

    Pros

    Flexible working hours, just make sure you get your work done

    Cons

    Not much growth. Just processing work

  3. "Pricing Specialist"

    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
    Disapproves of CEO

    Pros

    Lots of free time to learn new things

    Cons

    not a lot of growth as every day is the same tasks of calculating the NAV and sending it off to the Fund Accountants


  4. "VP"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at State Street full-time

    Pros

    Small teams and solid leadership

    Cons

    Workload and the coffee was terrible

    Advice to Management

    Try to avoid burnout of employees


  5. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in Toronto, ON
    Former Employee - Intern in Toronto, ON
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    - great junior/senior staff really taught me everything I needed to know plus more
    - nice environment
    - out by 5 pm for junior staff sharp.

    Cons

    - room for growth was minimum
    - stale after some time

    Advice to Management

    - appreciate the staff members who put some commitment to the company. Doesn't mean promotion but something genuine would be nice.


  6. "Vice president"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Toronto, ON
    Current Employee - Vice President in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at State Street full-time (More than 8 years)

    Pros

    Can work from home permanently

    Cons

    Can get lost in crowd


  7. "Financial analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at State Street full-time

    Pros

    Flexibility is plus. Work from home

    Cons

    Less pay. Not so cooperative management

  8. "Have been here for a decade"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operation Consultant in Toronto, ON
    Former Employee - Operation Consultant in Toronto, ON
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at State Street full-time (More than 10 years)

    Pros

    - Great people working with you, like a family
    - Good benefits
    - Flexible working schedule

    Cons

    - The pay is relatively low compare to others
    - Derivatives work could be overload sometimes
    - stress environment
    - OT expected
    - company downsizing, a lot of work went to India


  9. "Good for Fresh Grad"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager, Derivatives Operation in Toronto, ON
    Former Employee - Manager, Derivatives Operation in Toronto, ON
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Quick Promotion, No Experience Required Going In

    Cons

    Workload, Low Pay, No OT at Management Level


  10. "Treated Fairly"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in Toronto, ON
    Former Employee - Assistant Vice President in Toronto, ON
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at State Street full-time (More than 3 years)

    Pros

    -Good Benefits (full dental, 5% RPP contributions with additional matching for another 2%
    - Worked with world class clients
    -Compensated fairly and also treated with respect

    Cons

    -Work is in a silo, very segregated and limits ability to learn and see the bigger picture.
    -Under invests in technology, no indication a next generation platform in the works. Behind competition in many areas
    -Top heavy, limited potential to advance career

    Advice to Management

    For the AIS business, leverage your existing client base, understand their needs and invest in a more agile system that doesn't require off line solutions.