Fund Accountant II - Fund Accountant II State Street Employee Review

3.0
Feb 10, 2016
Recommend
CEO approval
Business outlook

Pros

work load was manageable. coworkers tend to be agreeable. benefits were comprehensive. matching 401k was appreciated. generally saw promotions every 12 months if you put effort in. Best at what they do in the world. Quietly positioned as one of the largest corporations in the world. Largest shareholder of many of the largest financial institutions.

Cons

Insanely boring career path. The thought of working in a state street cubicle until I retired caused an insanely high level of anxiety. There was zero sense of making a positive impact on the world through the work that I was doing. I needed more. That is a personal issue and not reflective of a financial services company. Mass layoffs were common. They will trim the herd of inflated salaries because recent college grads will always take $32k a year to do what a 15 year veteran was doing for $60k.

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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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