Pay too low. Turnover extrememly high. - Fund Accountant State Street Employee Review

2.0
Apr 18, 2015
Recommend
CEO approval
Business outlook

Pros

Depending on the department you are in, there are some great people to work for and with within the company. Great place to get your foot in the door.

Cons

The pay is incredibly low, and the stress/workload quite high, comparatively. Because of this there is a huge amount of turnover, which leaves employees who stick around the duty of training a lot of new employees and doing the work of two people.

Explore other reviews about State Street

5.0
Jun 23, 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
Jul 1, 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.

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