A good intro job out of college, but nobody stays here for the long haul - Process Analyst, Senior Associate State Street Employee Review

2.0
31 May 2011
Recommend
CEO approval
Business outlook

Pros

State street has good benefits, and a good retirement savings match (5%). Another good thing about State Street is you can take a break whenever you like with no one looking over your back all the time.

Cons

Starting salary is now a terrible 28K for fund accountants, miserable. It was 32K when I started. State Street has very limited career advancement in the long term. Most people only work here for about 5 years or so and move on because they realize it is pretty much a dead end. Becoming a manager means only making about 2,000 more a year than a senior accountant, not much for the amount of work you take on.

Explore other reviews about State Street

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.

1.0
1 July 2026
Recommend
CEO approval
Business outlook

Pros

They offer resources for learning.

Cons

In my previous roles I've never felt burnout but with this one is the first I was feeling crush. I don't think managers take time to structure the tasks on a 8hrs or 10hrs per day. There are a lot of unrealistic expectations, no work-life balance at all. Even if you made the sacrifice to stay late, you will not be done with the work for the day.

See reviews by: Helpful|Rating|Date|All