Work hard and you will move up - however the poor compenstaion is unfair. - Fund Accounting Manager State Street Employee Review

3.0
Sep 29, 2008
Recommend
CEO approval
Business Outlook

Pros

State Street is a good company for an entry level employee/recent graduate as many of your peers will be in the same situation. Good place to learn how to conduct oneself in the workplace and see the dynamics of a large corporation.

Cons

The pay is the worst. Almost insulting. Management is always looking to find out why there is high turnover etc. I feel that some of the turnover from high performers is due to the lack of compensation. It is all well and good to be told you are doing a good job but not getting paid fairly for it is demoralizing.

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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