Good place to start, but difficult to move up the corporate ladder... - Associate II State Street Employee Review

3.0
Feb 10, 2009
Recommend
CEO approval
Business Outlook

Pros

It's a very relaxed and comfortable atmosphere, almost collegial, although that can also be a negative aspect. The benefits (health, dental, vision, 401(k), CharleCard, etc) are numerous. Most managers are flexible with hours (people usually come in late) as long as the work gets done. Lots of free time. Overall, it's a good place to start off your career, but it may be frustrating if you're trying to advance.

Cons

The pay is lower relative to people holding the same position in other companies. There is little opportunity for growth and career advancement within the company. There seems to be favoritism in the selection for promotions. Employees are not rewarded (promotions, bonuses) proportionately for their efforts.

Explore other reviews about State Street

5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

on-boarding was easy, lot of learning opportunities/clients to service, nice co-workers

Cons

sparse work-load allotted, difficult client assignments, strict vps

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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