Get entry level experience and leave for more money - Senior Associate State Street Employee Review

2.0
Oct 16, 2008
Recommend
CEO approval
Business Outlook

Pros

it's a good company to get your entry level experience because of the name recognition and good reputation. They have a good training program and different employee networking organizations. All departments are of cource different but dont go into Fund Accounting, its just not rewarding and not very interesting

Cons

All departments are different, some might be better than others but State Street is notorious for very low starting salaries. It is also very hard to get promtions and hard to get into training programs. Some management just says that it is not the most efficient use of your time.

Explore other reviews about State Street

5.0
Jun 23, 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
Jun 21, 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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