Not a bad place to work... - Associate II State Street Employee Review

4.0
Sep 4, 2008
Recommend
CEO approval
Business Outlook

Pros

I don't know about other groups within the bank, but the one I work in is enjoyable. You can come into the company not knowing a whole lot about the business world and the market and you can learn a lot very quickly. Also with employee turnover being somewhat high it's easy for those who stick around be be promoted. Since joining the group in September 2006 everyone in the group who was a Fund Accountant at that time who is still with the company is now a Senior Fund Account and the pay raise from the promotion is quite decent. I went from about 34.5K to 42.1K

Cons

There are times when there isn't much going on to times when we're swamped. You really have to take the good with the bad.

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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