Don't get sucked in... get a year or two of experience and get out - Manager - Fund Accounting State Street Employee Review

1.0
Jul 21, 2009
Recommend
CEO approval
Business Outlook

Pros

On the operations side, they offer a safe (yet low paying) job with the opportunity to move up a few levels before becoming stuck as a mid level manager.

Cons

After a year of real, professional experience, your job becomes expendable and the management knows it. With no real pay raises and a lack of respect, it becomes a depressing place to work at. Don't get fooled by their promotions and promises like I did.

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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