Work hard and you will move up - however the poor compenstaion is unfair. - Fund Accounting Manager State Street Employee Review

3.0
Sep 29, 2008
Recommend
CEO approval
Business outlook

Pros

State Street is a good company for an entry level employee/recent graduate as many of your peers will be in the same situation. Good place to learn how to conduct oneself in the workplace and see the dynamics of a large corporation.

Cons

The pay is the worst. Almost insulting. Management is always looking to find out why there is high turnover etc. I feel that some of the turnover from high performers is due to the lack of compensation. It is all well and good to be told you are doing a good job but not getting paid fairly for it is demoralizing.

Explore other reviews about State Street

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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