Good first time job for experience, low salaries. - Anonymous employee State Street Employee Review

3.0
Nov 9, 2008
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

A way to to set foot in the industry for recent grads, especially if you do not have a business degree. You can gain experience and basic business knowledge by working here. The also have online training courses in various business, economic, financial, and accounting topics.

Cons

Extremely low salary compared to competitors, especially for entry level employees. Entry level workers are actually paid hourly and work less than 40 hours a week (can depend on the department you land in). They say you get paid overtime and bonus pay. However, overtime hours are closely monitored and need to be approved so you cannot always count on this additional source of income. With bonus pay, the increase of income is not even close to matching the base pay of other companies within this industry. There is high turnover, partly due to the low salary, partly due to the lack of challenge in the job. It becomes a routine. Good to stick around for 1-2 years, then move on.

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5.0
Feb 11, 2026
Recommend
CEO approval
Business outlook

Pros

Pay, Benefits, Time off, Flexibility

Cons

I can't think of any

1.0
May 14, 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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