State Street -- Great Starting Point for Financial Professionals - Associate State Street Employee Review

4.0
16 Aug 2008
Recommend
CEO approval
Business outlook

Pros

In my 5 months there I have seen a handful of managers at work, and while some first line managers may be hands off or lack specific and necessary knowledge, my VP is very accessible as well as knowledgable and willing to help. Also, the 401(k) offers a 100% match of 6%, in which I am completely vested after 1 year. As I can't see any reason to stay less than a year this is an amazing benefit. I'd also like to point out that management encourages learning more from other departments in periods of down time. As I am an entry-level employee, this offers me an excellent growth opportunity that should provide me with the appropriate tools for wherever I land next.

Cons

The salary is geared towards exactly who they want to attract -- young professionals willing to learn who don't carry many expenses. As such, the salary is on the low side at $33,000 in my position.

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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