Stay. Away. - Fund Accountant State Street Employee Review

1.0
Jul 22, 2019
Recommend
CEO approval
Business Outlook

Pros

I can work from home twice a week (which is great because the pay is abysmal so I save on gas).

Cons

Forget the concept of ever having a team that’s staffed. Everything is “lean” aka as cheap as possible; if it can maybe be done in China or India, it’s going to be. American labor is too expensive. Not only that, so is investing in technology. Fund admin is the only profitable part of the business at the moment and yet the entire company has a hiring freeze and the tech looks straight out of the 80s. I’ve worked 60+ hours a week for the past 3 months and yet they preach work/life balance. Upper management does nothing but spew corporate bs line “synergies” and “hubs” and “plans.”

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.

4.0
Jun 26, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Strong culture at state Street. Very supportive Staff and management

Cons

Not many perks. Feels very corporate america

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