Worst job I've ever had, low pay, no advancement awful management. - Bank Loan Specialist State Street Employee Review

1.0
Sep 23, 2011
Recommend
CEO approval
Business Outlook

Pros

They do have very good benefits (401k, healthcare, etc.). A lot of younger people makes for an enjoyable work environment.

Cons

This job really got progressively miserable to a point where I just quit after a year. Once I realized what I was doing, how there is little room for advancement, and was just a cog in the wheel for 32k a year I lost all motivation. I really wanted to like this job and was so excited to get my first "real world" job but do not take this even as a last option. I can honestly say about 90% of the people I worked with were trying to get out or were thinking about quitting. I learned very little applicable skills and pretty much have to embellish my resume to make this job seem legitimate. They also have some development program where they hire kids 1 year out of high school after some one year program and you are expected to work for the same pay while they are not ready, qualified or mature enough for the setting, its so deflating. One of the worst things too is people who have never worked for SS think its a great job "you must be doing well!". Quitting was the best thing I've done there. I know I sound like a very jaded former employee, but if you are at all smart or ambitious, do not work entry level at this company.

Explore other reviews about State Street

3.0
Jul 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Flexible schedule Good location Beautiful offices Good team Lots of learning opportunities Great benefits Good work/life balance

Cons

Very Little room for advancement Compensation is so-so

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