State Street Reviews

Updated Jan 26, 2021

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3.3
56%
Recommend to a Friend
73%
Approve of CEO
State Street President and CEO Ronald O’Hanley
Ronald O’Hanley
487 Ratings
Pros
Cons
  • "Operations staff has to work really long hours(in 241 reviews)

  • "Low salary compared to similar jobs in NYC(in 121 reviews)

More Pros and Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. Featured Review

    "StateStreet is employee-centric"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Manager in Hyderābād
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at State Street full-time for more than 3 years

    Pros

    StateStreet is very employee-centric and always finding out better ways to bring in process efficiency

    Cons

    there is no cons, as per my experience with StateStreet so far

    State Street Response

    October 12, 2020Brand Manager

    Thank you for the positive feedback. We really appreciate the fact that you regard State Street as employee focused and value the ongoing business transformation which is one of our goals. The leadership on the ground is strongly supportive of all people-centric initiatives, which allow us to provide the best for our colleagues. We also continue to constantly streamline our processes leading to improved service delivery for our clients. Aruna, Vice President – Global Delivery

  2. "Great job to start out in"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Corporate Actions Associate in Montreal, QC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at State Street full-time for less than a year

    Pros

    Great training, great experience, great people

    Cons

    Below average salary for the level of stress.


  3. "Good experience"

    5.0
    Current Employee - Financial Analyst in Montreal, QC

    I have been working at State Street full-time

    Pros

    Challenging working environment and bright coworkers

    Cons

    Lack of guidance a for mid management

  4. "Poor management and non existent leadership"

    3.0
    Former Employee - Team Lead in Montreal, QC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at State Street full-time

    Pros

    Hard to think of any..

    Cons

    Too many silos.. most of the departments are outsourced to low cost centers.. lot of inefficiencies and management only thinks of moving tasks to India. Lack of attention to clients.

  5. "Good place to work!"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Fund Accountant 

    I worked at State Street full-time for more than a year

    Pros

    Good work/life balance Competitive salary Healthy Environment

    Cons

    Long hours on some days

  6. "n"

    3.0
    Current Employee - Pricing Specialist in Toronto, ON

    I have been working at State Street part-time

    Pros

    good team environment, helpful, supportive

    Cons

    not many opportunities to grow

  7. "High workload"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Officer in Toronto, ON
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at State Street full-time for more than 8 years

    Pros

    Good medical insurance. Nice office, latest ergonomic desks.

    Cons

    Large workload. Focus on hiring in low cost jurisidictions only. Low bonus.

  8. "okay"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Investment Accounting 
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I have been working at State Street full-time for more than 5 years

    Pros

    good benefits compared to competitors

    Cons

    Less pay and no growth potential

  9. "Not the best place to work"

    3.0
    Former Employee - Associate 

    I worked at State Street full-time

    Pros

    Very nice benefit package with good coverage

    Cons

    No growth due to favoritism

  10. "Used to be a wonderful organization"

    2.0
    Current Employee - Client Relationship Manager in Toronto, ON

    I have been working at State Street full-time

    Pros

    Opportunity to gain market experience

    Cons

    Does not value their employees and little diversity among senior management

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