Not a place that pays enough to live in this state. - Associate II State Street Employee Review

2.0
Jan 1, 2011
Recommend
CEO approval
Business outlook

Pros

Decent benefits package. 100% 401k matching up to 6% of salary (option of regular 401k, Roth 401k, or some combination of both). Can be fun place to work (thanks to co-workers).

Cons

Salaries very low and stagnant for the past 2+ years. Constant layoffs. The 2 cons listed above lead to very low morale lately. Hours increased to 40 hours per week but they still pay at the same rate as 36.25 hours. Management doesn't practice what they preach. Poor communication from management. Not much opportunity for advancement.

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.

4.0
Jun 29, 2026
Recommend
CEO approval
Business outlook

Pros

Decent work life balance and decent PTO

Cons

Pay could be better and the workload can be a lot at times

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