Fund Accountant II - Fund Accountant II State Street Employee Review

3.0
Feb 10, 2016
Recommend
CEO approval
Business Outlook

Pros

work load was manageable. coworkers tend to be agreeable. benefits were comprehensive. matching 401k was appreciated. generally saw promotions every 12 months if you put effort in. Best at what they do in the world. Quietly positioned as one of the largest corporations in the world. Largest shareholder of many of the largest financial institutions.

Cons

Insanely boring career path. The thought of working in a state street cubicle until I retired caused an insanely high level of anxiety. There was zero sense of making a positive impact on the world through the work that I was doing. I needed more. That is a personal issue and not reflective of a financial services company. Mass layoffs were common. They will trim the herd of inflated salaries because recent college grads will always take $32k a year to do what a 15 year veteran was doing for $60k.

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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