Looking for a laid back corporation that can get your Accounting/Finance career started, look no further. - Fund Accounting Manager State Street Employee Review

3.0
12 June 2008
Recommend
CEO approval
Business outlook

Pros

STT offers competitive salaries and a laid back atmosphere. It is not particularly demanding and does not require advanced degrees or licensing. There is a lot of room for advancment as well as transfer opportunities all over the world. The dress code in some CA offices is jeans, a collared polo shirt and sneakers. Shorts are permitted in the summer. The nature of the work is mostly accounting reconciliation, analysis and book keeping for large state pension funds. Sample hours for a entry level canidates might be 7am-3pm.

Cons

Some may find the starting salaries quite low, but over time is pretty generous at 1.5x normal, especially if you are a hard worker. It is possible to earn 20% more in OT in a given year. There are time off restrictions because of month end auditing, but coming in on weekends is a rare request. The training new hires receive is far below what similar hires might receive from other firms. This can make for a difficult transition for those with a slow learning curve.

Explore other reviews about State Street

5.0
5 June 2026
Recommend
CEO approval
Business outlook

Pros

on-boarding was easy, lot of learning opportunities/clients to service, nice co-workers

Cons

sparse work-load allotted, difficult client assignments, strict vps

1.0
14 May 2026
Recommend
CEO approval
Business outlook

Pros

Remote work is (rarely) an option, though the approval process is extremely slow and bureaucratic. There are a few well-meaning colleagues who genuinely try to drive positive change before burning out.

Cons

Onboarding and HR processes are severely broken, taking 11 months to approve remote status and failing to prepare basic equipment for day one. The workplace culture is deeply hostile, with anger and yelling functioning as the default communication style across teams. Leadership turnover is rampant, resulting in constant re-organizations, splintered teams, and a total lack of strategic direction. Role clarity is non-existent, forcing employees to invent their own daily tasks while receiving entirely contradictory instructions. Direct management is completely absent; I went seven months without any contact from my boss before being laid off via a three-word instant message and short call.

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