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    State Street Reviews

    Updated 21 March 2019
    3,817 reviews

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    3.1
    StarStarStarStarStar
    Rating TrendsRating Trends
    Recommend to a friend
    Approve of CEO
    State Street President and CEO Ronald O’Hanley
    Ronald O’Hanley
    35 Ratings

    Employee Reviews

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    Pros
    Cons

    • "No work/life balance, pay is not competitive" (in 123 reviews)

    • "Long hours for some departments" (in 186 reviews)

    More Pros and Cons

    1. "AVP"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Assistant Vice President in Dublin, Co. Dublin
      Current Employee - Assistant Vice President in Dublin, Co. Dublin
      Recommends
      No opinion of CEO

      I have been working at State Street full-time (More than a year)

      Pros

      Excellent company to work for with flexibility on work times etc

      Cons

      busy and aggressive environment for some teams

    2. "Good place to start career"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Senior Associate in Dublin, Co. Dublin
      Current Employee - Senior Associate in Dublin, Co. Dublin
      Recommends
      Positive Outlook
      No opinion of CEO

      I have been working at State Street full-time (More than 3 years)

      Pros

      Good work/life balance.
      Very good benefits.
      Excellent work environment to learn the financial services industry.

      Cons

      Lack of career development and recruitment freeze hampering good staff.
      Functions can become repetitive.
      Under performing staff not held to account.

      Advice to Management

      Promote from within and encourage staff who ask for more responsibility.

      3. Join the State Street team
      See Our Latest Jobs

    3. "Only way is down for Ireland"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Assistant Vice President in Dublin, Co. Dublin
      Current Employee - Assistant Vice President in Dublin, Co. Dublin
      Doesn't Recommend
      Negative Outlook
      Disapproves of CEO

      I have been working at State Street full-time (More than 10 years)

      Pros

      Colleagues - there are a lot of good people.
      Location - Naas, Drogheda and Kilkenny are great locations.
      Be Well - great effort put in by the few to arrange activities for the many (it's all but disappeared now though because of red tape and people being overworked)

      Cons

      Outsourcing - everything possible is being moved to Poland, India and China and all knowledge is being lost. There's little of no control.
      Colleagues - there are quite a number of arrogant people and unfortunately these tend to be the ones who will advance in the company.
      Training - it's non-existent
      Errors - all the outsourcing has led to a massive increase in errors.
      Pay - its below the market rates
      Opportunity - there are none. Many Irish are left in positions for years while they see rapid promotions in Poland.
      Workload - its completely unrealistic for some teams while a few others have very little to do and are waiting for their redundancy.

      Advice to Management

      Halt the outsourcing until you can get a grip on it.
      Promote based on experience and talent. Too many good people left in limbo.
      Pay - match your competitors

    4. "Developer"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee

      I have been working at State Street full-time

      Pros

      Good colleagues. Nice facilities and location.

      Cons

      Red tape. Salary. Lack of direction,vision and ownership by middle management.

    5. "Let you be yourself!"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee

      I have been working at State Street full-time

      Pros

      A friendly environment where you can build your career, get plenty of training and have options to move around the world.

      Cons

      Comparatively low pay, especially at associate levels and it can take a while to get a promotion.

    6. "Slave Street"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Associate II in Kilkenny
      Current Employee - Associate II in Kilkenny
      Doesn't Recommend
      Negative Outlook
      Disapproves of CEO

      I have been working at State Street full-time (More than 5 years)

      Pros

      Office location is close to home. Flexible working arrangements for some people

      Cons

      Poor management style (bullying), long hours due to under staffing of all area's. Poor pay and bonus for most employees'. Junior staff used as stepping stones for senior management promotions

      Advice to Management

      Pay your staff more and treat them with respect.

    7. "Good place to start a career in financial services"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Derivatives Associate in Dublin, Co. Dublin
      Former Employee - Derivatives Associate in Dublin, Co. Dublin
      Recommends

      I worked at State Street full-time (More than 3 years)

      Pros

      Everyone on my team was very sound. The company was also very flexible with hours and time off. Pay was low to start but they promote very quickly.

      Cons

      No real training so have to learn pretty much everything as you go.

    8. "Depends what you are looking for"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee
      Doesn't Recommend
      Negative Outlook
      Disapproves of CEO

      I have been working at State Street full-time

      Pros

      They work you hard you will become a valuable asset elsewhere

      Cons

      Moving up depends on who you know.

      Advice to Management

      Truly listen to the employees people are leaving because they are not valued,trusted and yet over used and relied on

    9. "Derivatives"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      Current Employee - Derivatives Trader in Dublin, Co. Dublin
      Current Employee - Derivatives Trader in Dublin, Co. Dublin

      I have been working at State Street full-time (More than a year)

      Pros

      Good restaurant, relaxed atmosphere

      Cons

      System needs update..better ways of doing existing tasks

      Advice to Management

      Increase better training

    10. "Trustee department"

      StarStarStarStarStar
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Trustee Administrator in Dublin, Co. Dublin
      Former Employee - Trustee Administrator in Dublin, Co. Dublin
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

      I worked at State Street full-time (More than 3 years)

      Pros

      Good place to learn about the industry.

      Cons

      Poor pay and lack of promotions

      Advice to Management

      Improve staff retention.