Lots of growth opportunity but low salary and lots of overtime - Senior Fund Accountant State Street Employee Review

3.0
12 Jul 2011
Recommend
CEO approval
Business outlook

Pros

High turnover so lots of opportunity to move up; plenty of business units if one is interested in horizontal movement as well; great benefits; management is very supportive of training and further education

Cons

the biggest con is low pay and lots of overtime; my hours when I worked there were 9am-7pm during non busy season; and during busy season 9am-midnight on week nights and 10am to 5pm on Sat and Sun; 5 reorganizations during the 3 years I worked there; low staff moral due to high turnover

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.

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