State Street Corporation Culture | Comparably
State Street is a financial services provider serving some of the world (TM)s most sophisticated institutions. read more
EMPLOYEE
PARTICIPANTS
69
TOTAL
RATINGS
726

State Street Corporation Company Culture

State Street Corporation Culture

This score is derived from employee ratings & reviews
2.2/5
State Street Corporation's Overall Culture is rated F

Top Rated Culture Dimensions

State Street Corporation CEO

Bottom 5%Bottom 5% of Similar Size Companies on Comparably
Ronald P. O'Hanley State Street Corporation's CEO
Ronald P. O'Hanley
42 /100

Diversity at State Street Corporation

Bottom 5%Bottom 5% of Similar Size Companies on Comparably
F

Diverse employees at State Street Corporation have rated Team, Work Culture, and Environment as the highest categories they have scored

Women at State Street Corporation

Bottom 5%Bottom 5% of Similar Size Companies on Comparably
F

Women at State Street Corporation have rated Compensation, Perks And Benefits, and Team as the highest categories they have scored

State Street Corporation eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Bottom 5%Bottom 5% of Similar Size Companies on Comparably

Recommend to a Friend?

-59

State Street Corporation employees are -59% more likely to recommend State Street Corporation as a great place to work

14%Promoters
13%Passives
73%Detractors

Working at State Street Corporation

Working at State Street Corporation is rated below average by 69 employees, across various culture dimensions. State Street Corporation employees rate Professional Development highest among all categories, and think that Work Culture and Team have the most room for improvement, putting State Street Corporation’s culture in the Bottom 5% compared to similar sized companies on Comparably and in the Bottom 5% compared to other companies in Boston. See below in detail how working at State Street Corporation was rated by employees.

Overall Company Culture at State Street Corporation

F

Overall Company Culture at State Street Corporation is rated F

Last updated months ago

Bottom
5%

State Street Corporation ranks in the Bottom 5% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score

Overall Company Culture Score by Department

This graph details how each department scores their Overall Company Culture

Results from 69 Employees

View Results
0
20
40
60
80
100
Engineering
55
Engineering55

State Street Corporation Employee Reviews

Out of 61 State Street Corporation employee reviews, 38% were positive. The remaining 62% were constructive reviews with the goal of helping State Street Corporation improve their work culture.

38%
62%
Positive Reviews38%
Constructive Feedback62%

Positive Reviews From State Street Corporation Employees

  • What do you like best about the leadership team?
    This comment might be shown publicly, but there will never be any way to identify or attribute it to you. Please keep your feedback constructive.
  • What is most positive about the culture and environment at your company?
    People are generally good despite the lack of vision at the top
  • What are some of the best things about your team?
    The team is supportive and respectful of one another.

Constructive Feedback From State Street Corporation Employees

  • Why do you feel undervalued and what would make you feel better about your compensation?
    This comment might be shown publicly, but there will never be any way to identify or attribute it to you. Please keep your feedback constructive.
  • Why do you feel undervalued and what would make you feel better about your compensation?
    Leaderahip transprency, honesty, doing mire than checking the boxes
  • What does the leadership team need to get better at?
    Eveeythkgn but they will not as long as their bonus structure isnt impacted

State Street Corporation Company Information

State Street Corporation Company Overview

State Street is a financial services provider serving some of the world (TM)s most sophisticated institutions.

State Street Corporation Mission, Vision & Values

State Street Corporation Mission Statement

At State Street, inclusion and diversity are embedded in our values and culture. We know that an inclusive culture and a diverse workforce make us stronger and more successful. In a fast-paced and evolving world, we make it a priority to ensure that all of our employees across the globe feel their identities and experiences are represented, embraced, and celebrated. Fostering an environment that encourages the authenticity of our employees is essential to our business. By educating, inspiring, and empowering our employees at every level, we cultivate a global force of leaders that reflects the diverse markets we serve. That’s why we focus on attracting, hiring, developing, and advancing talent of all kinds.

State Street Corporation Vision Statement

Integrating the Investment Process State Street and Charles River Development share a common focus on helping clients achieve better investment outcomes. By combining our back- and middle-office expertise with Charles River Development’s complementary front-office tools and solutions, we aim to provide clients with a comprehensive servicing platform across the investment process, supported by deep enterprise data management capabilities. Our interoperable platform will also enable clients to integrate and align their preferred systems utilizing State Street provided data, as well as access to liquidity, insights and infrastructure.

State Street Corporation Values

  • Guiding
  • Decisions
HeadquarterBoston, MA
United States of America
Websitewww.statestreet.com/
Founding Date1792
Tel(617) 266-2738
Company StatusPublic

State Street Corporation Competitors

State Street Corporation competitors include BlackRock and BNY Mellon. State Street Corporation ranks 3rd in Overall Culture Score on Comparably vs its competitors. See below how State Street Corporation compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    BlackRock's Logo
    BlackRock
    4.1/5
  2. #2
    BNY Mellon's Logo
    BNY Mellon
    2.8/5
  3. #3
    State Street Corporation's Logo
    State Street Corporation
    2.2/5

State Street Corporation Employees

69 employees at State Street Corporation have reviewed State Street Corporation across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Overall, the 69 State Street Corporation employees give their leadership a grade of F, or Bottom 5% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at State Street Corporation are mostly dissatisfied with their total compensation at State Street Corporation, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at State Street Corporation are mostly dissatisfied with their team. 69 Participants grade the quality of their coworkers an F. Less than half believe the meetings at State Street Corporation are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at State Street Corporation believe the environment at State Street Corporation is negative. Most Participants believe the pace of work at State Street Corporation is moderate. About 36% of the employees at State Street Corporation work 8 hours or less, while 7% of them have an extremely long day - longer than twelve hours.

Overall, the employees at State Street Corporation are dissatisfied, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

Joining State Street Corporation - Employee Onboarding

The prevailing opinion from employees about joining State Street Corporation is that the company was very unprepared on their first day. State Street Corporation employees concluded that their overall onboarding experience was negative. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

State Street Corporation KPIs and OKRs

Employees’ understanding of State Street Corporation's KPIs and OKRs is essential for its success. Out of 4 State Street Corporation employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 1 have said yes.

AnswerPercent
Yes25%
No75%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No100%
Are the KPIs/OKRs for your department clear?

State Street Corporation CEO & Leadership

State Street Corporation CEO - Ronald P. O'Hanley

Ronald P. O'Hanley State Street Corporation's CEO
42 /100

State Street Corporation’s CEO Ronald P. O'Hanley started in this role in 2019. Ronald’s approval rate is lower compared to CEOs at similar sized companies, putting Ronald in the Bottom 5% of all CEOs of similar-sized companies on Comparably, and in the Bottom 5% compared to CEOs of all other companies in Boston. Ronald P. O'Hanley’s employees rank State Street Corporation in the Bottom 20% for Professional Development, in the Bottom 10% for Compensation, and in the Bottom 10% for Perks And Benefits. P. O'Hanley is generally unpopular with State Street Corporation employees, but ranks especially low with Female employees. However, Male employees have a slightly more favorable view of the CEO. When compared to State Street Corporation’s competitors, Ronald P. O'Hanley ranks below both BNY Mellon CEO Charles W. Scharf and BlackRock CEO Laurence Fink.

State Street Corporation Leadership

The State Street Corporation Executive Team is rated a “F” and led by CEO Ronald P. O'Hanley, Global Head of Securities Finance & Executive VP Paul Fleming, and Senior VP, Interim Chief Accounting Officer & Deputy Controller Elizabeth Schaefer

  • Ronald P. O'Hanley  CEO / President

    Ronald P. O'Hanley CEO / President

    Ronald P. O'Hanley serves as the CEO / President of State Street Corporation.

  • Paul Fleming Global Head of Securities Finance & Executive VP

    Mr. Paul Fleming has been Global Head of Securities Finance and Executive Vice President of State Street Corporation... read more

  • Elizabeth Schaefer Senior VP, Interim Chief Accounting Officer & Deputy Controller

    Ms. Elizabeth Schaefer has been Senior Vice President and Deputy Controller at State Street Corporation since December... read more

  • James Hardy Chief Data Officer & Executive VP

    Mr. James Hardy has been Chief Data Officer and Executive Vice President at State Street Corporation since October 28,... read more

  • Brenda Lyons EVP & Head of the Specialized Products Group for State Street Global Svcs Investment Svcs-Americas

    Ms. Brenda Lyons serves as an Executive Vice President and Head of The Specialized Products Group for State Street... read more

  • John Plansky Global Head of State Street Global Exchange

    Mr. John Plansky has been Global Head of State Street Global Exchange at State Street Corporation since January 04,... read more

  • Elizabeth Nolan Executive Vice President

    Ms. Elizabeth Nolan serves as Executive Vice President at State Street Corporation and served as its Executive Vice... read more

  • Douglas A. Brown CFA MD of Securities Finance Americas Team and Sales Manager of Securities Finance Americas Team

    Mr. Douglas A. Brown, Doug, CFA serves as Managing Director of Securities Finance Americas Team and Sales Manager of... read more

  • Cesar Estrada Senior Managing Director and Head of Private Equity, Directs & Hybrids for North America

    Mr. Cesar Estrada has been Senior Managing Director and Head of private equity, directs and hybrids for North America at... read more

State Street Corporation Salaries

How much does State Street Corporation pay?

How much do people at State Street Corporation get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at State Street Corporation is $98,883, or $47 per hour, while the estimated median salary is $99,026, or $47 per hour.

At State Street Corporation, the highest paid job is a Director of Sales at $253,934 annually and the lowest is a CS Rep at $45,158 annually. Average State Street Corporation salaries by department include: Product at $183,346, Legal at $124,838, Communications at $233,464, and IT at $96,856. Half of State Street Corporation salaries are above $99,026.

38 employees at State Street Corporation rank their Compensation in the Bottom 10% of similar sized companies in the US (based on 113 ratings) while 34 employees at State Street Corporation rank their Perks And Benefits in the Bottom 10% of similar sized companies in the US (based on 37 ratings).

Salaries contributed from State Street Corporation employees include job titles like Developer, QA, Senior Accountant, and Financial Analyst. Comparably data has a total of 11 salary records from State Street Corporation employees.

Last updated months ago.

1st Percentile
$62k
$62k1st Percentile
17th Percentile
$80k
$80k17th Percentile
33rd Percentile
$92k
$92k33rd Percentile
50th Percentile
$155k
$155k50th Percentile
67th Percentile
$222k
$222k67th Percentile
83rd Percentile
$283k
$283k83rd Percentile
100th Percentile
$295k
$295k100th Percentile
$98,883*
Average Compensation
$99,026*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

State Street Corporation Salaries by City

State Street Corporation Salaries by Department

Explore State Street Corporation Salaries

Diversity & Inclusion at State Street Corporation

Diverse employees at State Street Corporation score the company 42/100 across various culture categories, placing State Street Corporation in the Bottom 5% of companies on Comparably with 10,000+ Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at State Street Corporation across various culture dimensions.

Ranked Culture the Highest

Women N/A/100
Men 52/100
Tenure - 1 to 2 Years
Diverse Employees N/A/100

Ranked Culture the Lowest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

State Street Corporation Perks & Benefits

Health & Wellness

  • Dental Insurance
  • Health Insurance

State Street Corporation PTO

State Street Corporation's PTO and Vacation policy typically gives 15-20 days off a year with 0% of employees expected to be work free while out of office. State Street Corporation's benefits and PTO Package averages to represent a less than $500 cash value per month.

AnswerPercent
Flex Time0%
Vacation Policy0%
Office Meals0%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes100%
No0%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo0%
$1000 -$1500/mo0%
$500 -$1000/mo33%
Less than $500/mo67%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

State Street Corporation Careers

State Street Corporation Jobs

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H1B Visa

In 2019, State Street Corporation applied for 1 H1B visas.

Work Permit Application Outcome

1
Total Applied
  • 0% Granted ( out of 1)
  • 100% Denied (1 out of 1)
  • 0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 1)
  • 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 1)

This data was calculated using publicly sourced data from OFLC Performance Data

Let State Street Corporation Know You Want To Work There

Overview of Candidates Interested in State Street Corporation on Comparably

Candidates By Department

All Industries
67%
Engineering
33%

Candidates By Location

Boston
33%
Atlanta
33%
Troy
33%

Frequently Asked Questions regarding State Street Corporation

Who is the CEO of State Street Corporation?

State Street Corporation CEO is Ronald P. O'Hanley, their score by employees is 42

What is State Street Corporation eNPS?

The eNPS for State Street Corporation is -59

What is the salary for IT Manager in State Street Corporation?

IT Manager average salary in the US is 131k

What are the salaries in the IT in State Street Corporation?

The average salaries for IT in State Street Corporation is 97k

Who are State Street Corporation competitors?

State Street Corporation main competitors are BlackRock, BNY Mellon

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