State Street can't get you into Fenway for free, but you can get into the MFA. - Anonymous employee State Street Employee Review

4.0
20 Jun 2008
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The best reason its a great first job. They even recognized the fact that many people train and leave after a year or two by lowering the vestment for the 401k package. Communication has improved within the company over the last five years. Work life balance is good as well. i've had many managers that are very understanding of your needs and will allow you to work flex time. I think the managers and such are fair to the many employess. I'm sure that some of my comerades would say otherwize. You get out what you put in the situation.

Cons

The worst part of the place is the "trapped mentality" of some workers. Too many people in a group that complain can ruin morale. Compensation is good only 2\% each year. But if you actually do work, you do get bonuses'. You have to try really hard to get recognized. Im in my 20's and I feel like this place took five years off of me. The leadership does not realize the long term effects of corporate strategy. The opportunities are great but I would not want to work in other groups after seeing the differences. Do something besides surf and you will get ahead.

Explore other reviews about State Street

5.0
11 Feb 2026
Recommend
CEO approval
Business outlook

Pros

Pay, Benefits, Time off, Flexibility

Cons

I can't think of any

1.0
14 May 2026
Recommend
CEO approval
Business outlook

Pros

Remote work is (rarely) an option, though the approval process is extremely slow and bureaucratic. There are a few well-meaning colleagues who genuinely try to drive positive change before burning out.

Cons

Onboarding and HR processes are severely broken, taking 11 months to approve remote status and failing to prepare basic equipment for day one. The workplace culture is deeply hostile, with anger and yelling functioning as the default communication style across teams. Leadership turnover is rampant, resulting in constant re-organizations, splintered teams, and a total lack of strategic direction. Role clarity is non-existent, forcing employees to invent their own daily tasks while receiving entirely contradictory instructions. Direct management is completely absent; I went seven months without any contact from my boss before being laid off via a three-word instant message and short call.

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