Valuable Experience, But They Don't Care about Your Hard Work - Fund Accountant State Street Employee Review

2.0
6 Apr 2011
Recommend
CEO approval
Business outlook

Pros

It is a big company Friendly people It will give your the exposure on custody services Good benefit Very nice office building

Cons

Very low salary, no OT paid Tons of work, average OT hr = 50 hrs per month, work from 7am to 10pm during monthend Take turns for morning shift without any compensation Management team earns a lot, but they are not doing their work Very high turnover rate, therefore 99% employees in FG below age of 40 Poor technology, system always down Keep hiring cheap labor in India and China No lay off plan, but they want you to leave by creating a stressful working environment

Explore other reviews about State Street

5.0
28 Jan 2026
Recommend
CEO approval
Business outlook

Pros

Salary benefits vacation people culture

Cons

Work life balance could be better

5.0
23 June 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.

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