Good entry level, that's about it - Fund Accountant, Associate I State Street Employee Review

2.0
5 Dec 2011
Recommend
CEO approval
Business outlook

Pros

-good entry level positions: I was hired with no job experience or designation -good benefits -good people -it seems to be difficult to be fired(see point below for unfair work levels)

Cons

-low pay -promotion is based on seniority -senior management continually promises promotion and that hard work is noticed but it isn't -high turnover -increasing workload + people quitting + hiring freeze = overworking existing employees -senior management only cares about cutting cost by pressuring employees not to stay overtime to complete impossible amounts of work -"flex time" marketed as "work life balance" but transparently only a way to avoid paying overtime -unfairness in work levels: incompetent employees are given less work, more help and the same pay as equal level competent employees who are expected to perform at a higher level -company has lots of events that are impossible for fund accountants to attend due to hours and workload

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
1 Jul 2026
Recommend
CEO approval
Business outlook

Pros

They offer resources for learning.

Cons

In my previous roles I've never felt burnout but with this one is the first I was feeling crush. I don't think managers take time to structure the tasks on a 8hrs or 10hrs per day. There are a lot of unrealistic expectations, no work-life balance at all. Even if you made the sacrifice to stay late, you will not be done with the work for the day.

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