Avoid - Officer State Street Employee Review

1.0
12 Apr 2017
Recommend
CEO approval
Business outlook

Pros

some fun, smart, down to earth people

Cons

incompetence at every level of the firm from senior management to help desk hotline. example: it took me 2 weeks after starting my job to be able to log into my computer. disintersted middle managers practically BEG senior management to lay them off so that they can get their deferred compensation packages (cash bonuses and stock). But senior management hesitates to get rid of these deadweights due to the upfront cost so there's a vicious feedback loop of hanging on to unmotivated underperformers who are further incentivized to perform poorly

Explore other reviews about State Street

5.0
23 Jun 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
21 Jun 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.

See reviews by: Helpful|Rating|Date|All