State Street Reviews

Updated Sep 27, 2021

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Found 6,001 of over 6,842 reviews

3.4
58%
Recommend to a Friend
75%
Approve of CEO
State Street President and CEO Ronald O’Hanley
Ronald O’Hanley
856 Ratings
Pros
  • "Good Benefits, Low work pressure(in 277 reviews)

  • "Enjoyable work environment and experience(in 238 reviews)

  • Cons
  • "Operations staff has to work really long hours(in 247 reviews)

  • "Low salary in comparison to the industry(in 121 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee

      Great People to work with

      Aug 3, 2021 - Senior Accountant in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - good working environment -great co-workers - not too much OT - amazing benefits

      Cons

      - poor bonus - slow career advancement - lack of external education support

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      State Street Response

      Brand Manager

      Thank you for sharing your feedback. We are thrilled that you are enjoying the work environment and the benefits we offer. We are sorry to hear that you’re facing challenges. We offer a variety of programs to help with external education support. We also have a very well-structured rewards and recognition program for our employees and strive to match the industry benchmark for compensation and benefits. However, you can always speak to your manager about any issues you’re facing at work. We have taken a note of your concerns and will look into it. Tiffany, Senior Associate/GCF

    2. 3.0
      Current Employee, more than 1 year

      Solid environment, boring tasks

      Sep 20, 2021 - Pricing Specialist in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - good work environment - easy job

      Cons

      - boring day to day tasks - no sense of urgency from management

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    3. 1.0
      Former Employee, less than 1 year

      Avoid!

      Sep 14, 2021 - Analyst 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Diversity and inclusion would be the only pros.

      Cons

      Horrible work environment. Unqualified management group that is more focused on exploitation rather than development.

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    4. 2.0
      Current Employee, more than 1 year

      Good to put on Resume not much else

      Aug 20, 2021 - Corporate Actions Associate in Montreal, QC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Very generous vacation Paid Overtime Work isn't complicated Ability to WFH Nice office in Downtown Montreal

      Cons

      Extremely low base pay Basically non existent raises & bonuses Advancement is not really possible Volume can be all over the place A lot of the work is manual and feels pointless

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      2 people found this review helpful
    5. 4.0
      Current Employee

      Mediocre Job with less than mediocre pay

      Jul 27, 2021 - Corporate Office in Montreal, QC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Work Life Balance is good

      Cons

      Very low paying job, minimal advance opportunities

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    6. 3.0
      Current Employee, more than 8 years

      Good and Bad

      Aug 4, 2021 - Corporate Actions Specialist in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Flexible work time - even pre-covid, we were allowed 3-4 days WFH. Decent benefits.

      Cons

      really fast turn overs at the company

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    7. 4.0
      Current Employee

      Good

      Jun 22, 2021 - Associate II in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good people within the department

      Cons

      High turnover, very limited on promotions

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    8. 1.0
      Former Employee, more than 3 years

      Bad company with long hours and repetitive tasks

      Jul 21, 2021 - Associate II in Montreal, QC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good benefit 3 weeks vacations, with pension and new technologies to work on daily tasks. Colleagues are fun to work with. Overtime paid with food and taxi provided maybe depend on the mood of the managers. Very modern office and stations. Office is close to a metro station and is in core downtown

      Cons

      Bad company with no possibility to grow unless you are very closed to the managers or VP. It is a little corrupted but that is the way it is. Even you work hard and strive for excellence, you won`t get promoted if you are not the favorable one. It is also very bureacratic and everything has to be decided by the big dudes in Boston. Very low salary. If you work in a telus or fido customer service department, you probably make more than an associate II. Forget Associate I because it`s a full time mcdonald salary. Long hours and it is a ``if you leave early, it means that you don`t work hard enough`` style of working environment. The company is trying to ship tasks to India in order to save cost and if your department is going to be shipped to India, it means that you have no values and anyone in India can replace you with a 50% discount. The only reason why State Street has office in Montreal, Quebec is because the governement gives an incentive for having an office in Quebec. That`s it. Whatever you do can be replaced by an indian guy in India at 50% discount of your current salary. You are a number in their financial statements.

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      2 people found this review helpful
    9. 4.0
      Former Employee

      Good company

      Jun 14, 2021 - Trade Operations 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good company, great benefit, can work from home

      Cons

      outsourcing jobs to other countries

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    10. 2.0
      Current Employee

      Wire Man

      Jun 24, 2021 - Wire Transfer Analyst 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great support staff and WFM.

      Cons

      No growth, just another number.

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    Viewing 1 - 10 of 6,001 Reviews

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