State Street Employee Reviews

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3.0
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An evolving company
Principal, Global Product Development (Former Employee) –  Boston, MANovember 13, 2018
Overall good experience with a professional environment. Management was good at leveraging company's capabilities and recognizing company's deficiencies.
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4.0
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Fun working environment with the ability to move up
Customer Service Representative/Teller (Former Employee) –  Quincy, ILNovember 12, 2018
It was a fun working environment with great coworkers. Since the bank is a small business there is plenty of chances to move up and handle more responsibilities.
Pros
Ability to move up/fun working environment
Cons
Long working hours/slow paced
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1.0
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Hated it there
Project Coordinator (Former Employee) –  Boston, MANovember 12, 2018
Horrible management, toxic environment. With a company this big you're just a number. No one cares about your life and work life balance is a joke. If you want to live a life consistently stressed out, work here.
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1.0
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No Advancement
Associate IT (Former Employee) –  Quincy, MANovember 12, 2018
No room for growth, hours of work are not reasonable - with such a huge corp as State Street you would think there's more doors and opportunities to transfer to---it's not.
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5.0
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Verified accounting entries to ensure accurate account balances for pricing of portfolios and trust accounts. • Reviewed monthly control books and tru
Sr. Audit Specialist (Former Employee) –  Boston, MANovember 12, 2018
Verified accounting entries to ensure accurate account balances for pricing of portfolios and trust accounts.
• Reviewed monthly control books and trust statements and assisted in resolution of discrepancies.
• Provided support for internal and external auditors.
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3.0
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Great place for young professionals.
Fund Accountant (Former Employee) –  Sacramento, CANovember 10, 2018
Great place for young professionals to start their careers. This is a stepping stone for other career advancements or internal advancements. Great place to network as well.
Pros
open space work floors
Cons
Hectic workflow
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3.0
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Too bureacratic
Financial Analyst (Former Employee) –  Boston, MANovember 8, 2018
Too much red tape, not enough training; people who step over others are promoted. Poor work-life balance, but good benefits otherwise. All depends on who is on your team!
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4.0
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Great opportunities to apply yourself but suffered from stagnant communication at times.
Business Analyst Intern (Former Employee) –  Boston, MANovember 8, 2018
I completed a six-month internship at State Street. There are eclectic classes and online courses to acquire valuable skills needed to excel in projects.

The decentralized structure of the company works well to give teams control to quickly adapt. I had opportunities to apply myself and be actively involved in the team's discussions. You need to network in person to find the right teams and projects. You can't rely on email communication to find projects as these channels are largely stagnant.

Communication is slow when cooperating with different teams and projects. I think this is the downside of the decentralized organizational structure. I came across a lot of employees who found cozy roles and became disinterested in innovation, uncooperating with process improvement efforts.
Pros
Company wide innovative initiatives, competitive salary.
Cons
Disengaged employee culture
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3.0
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ineffecient work flows
Officer Manager (Current Employee) –  Quincy, MANovember 7, 2018
It seems like there are much easier ways to do things in every aspect of the job. I am disappointed with the way management refuses to move forward and change. They prefer to micromanage and not recognize problems.
Pros
Ability to work from home
Cons
inefficient flows
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4.0
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Good place to work
FP&A Analyst (AVP) (Current Employee) –  Atlanta, GANovember 6, 2018
Good place to work. Staff is great with a good professional environment to grow. It's a global banking to great place to get international exposure. Would recommend
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5.0
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Be ready to learn
Cash Analyst-Internship (Former Employee) –  Boston, MANovember 5, 2018
Be ready to learn. It requires an interest in learning and you must know very well financial concepts .....................................................
Pros
Be ready to learn
Cons
Be ready to learn
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4.0
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Fast paced processing focused environment.
Department Head/Vice President (Former Employee) –  Boston, MANovember 5, 2018
Culture lacks sensitivity and humanity. Employees are expected to perform as machines which, as one would expect, does not happen very often and leads to failure to achieve targets.
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4.0
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Great work/life not great salary
Senior Associate (Former Employee) –  New York, NYNovember 5, 2018
salary could be better
clearer paths to advancement could have been made
work life balance was excellent - a requirement of working from home once a week was put on us which was great.
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3.0
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Great flex place
Senior Associate (Current Employee) –  New York, NYNovember 3, 2018
Overall state street is a good company. I like the work from home option, but there are not enough people on teams to handle daily workload. Many people leaving and not getting replaced and there are little or no promotions.
Pros
Working from home
Cons
Lacking motivation
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5.0
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great compnay to work for
Portfolio Administrator (Former Employee) –  Boston, MANovember 1, 2018
I work as a mutual funds portfolio administrator, and learned many things. it was a great job.
yes they did have strict deadlines and overseas accounts that were a little stressful at times, but great learning experience and great company
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3.0
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Good people
Marketing Manager (Current Employee) –  Boston, MANovember 1, 2018
Most of the people at State Street are great to work with and are more than happy to provide direction and give you the freedom to do your job autonomously and are open to questions as needed.
There are a lot of meetings, not always productive.

Overall a nice place.
Pros
good people
Cons
some not so good people
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3.0
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Better companies
Senior Associate, Executive Assistant (Current Employee) –  Boston, MAOctober 31, 2018
There is a strong hierarchy, people are obsessed with their titles. Senior Associates have 5 less vacation days than everyone else. You do not speak, or share ideas until spoken too. The only collaboration is between upper mgmt. Technology is sorely out of date. Health benefits are expensive, considering that the company is global.
Pros
Downtown Boston location
Cons
Expensive health benefits, unnecessary hierarchy, unhappy environment
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4.0
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State Street prefers contractors
Network Consultant for ATT (Former Employee) –  Boston, MAOctober 31, 2018
I enjoyed working at state street. You know what you are doing upon arrival. Fast paced and always thinking on your feet. The hardest part was during the moratorium period you couldn't leave until the job is done.
Pros
Friendly environment
Cons
There is always a bad apple in the group.
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5.0
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n/a
Bank Teller (Former Employee) –  Quincy, ILOctober 29, 2018
A typical day at work with State Street Bank and Trust Company consisted of me having well bonded customer relationship, as well with my employees. I learned a lot about banking as I went into not having any banking experience besides with my own personal deposit, payments, and withdraws. The hardest part of the job was having set responsibilities when I was pushy to learn more. I enjoyed having that customer relationship each day at work.
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3.0
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Financial service professional with a high level of integrity and over 10 years of experience. Strong analytical problem solving ability that contribu
Mutual Fund AnalystMutual Fund Analyst (Former Employee) –  Boston, MAOctober 29, 2018
Financial service professional with a high level of integrity and over 10 years of experience. Strong analytical problem solving ability that contributes to the corporations’ over all financial wellbeing. Receptive to change and intellectually curious while in the pursuit of client solutions. An effective team participant with mindset that goals are achieved through collaboration and understanding.
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Overall rating

3.5
Based on 2,089 reviews
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