State Street is for those who can't find work anywhere else - Fund Accountant, Associate I State Street Employee Review

1.0
Jul 13, 2013
Recommend
CEO approval
Business Outlook

Pros

Easy job to get. Job security is 99%. You pretty much have to try to be fired. Some groups allow you to work from home. You learn good skills like Excel, time management, multi-tasking, and how to look like you are working when you are not.

Cons

Pay is the lowest in the industry. Work is processing (clicking buttons) not accounting. You will not learn the fundamentals of accounting or any field for that matter. Management hires based of whether they know you or not and skills do not matter. I have a good reputation with everyone and could be promoted in a heart beat, but I'm not conforming to that ridiculous way of management. My current manager is not qualified for the job and she was just hired on. There are two others in my group who should have been promoted, yet they are not the most "popular". It's like high school at the company. Accounting/work becomes something you never want to do again.

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.

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