Don't get sucked in... get a year or two of experience and get out - Manager - Fund Accounting State Street Employee Review

1.0
21 July 2009
Recommend
CEO approval
Business outlook

Pros

On the operations side, they offer a safe (yet low paying) job with the opportunity to move up a few levels before becoming stuck as a mid level manager.

Cons

After a year of real, professional experience, your job becomes expendable and the management knows it. With no real pay raises and a lack of respect, it becomes a depressing place to work at. Don't get fooled by their promotions and promises like I did.

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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