Gets worst with time... - Senior Fund Accountant State Street Employee Review

2.0
Apr 14, 2010
Recommend
CEO approval
Business Outlook

Pros

Pretty good benefits, good job to start as a graduate, they give you a sense a hope for a great career at one of the largest companies in the field.

Cons

After a couple of months, you realize that you didn't study to do something that basic (running macros and pressing buttons), after a year, you hope you will get a promotion (if you are lucky and if your boss likes you). You get your promotion going from fund accountant to senior fund accountant and you think that you really improve until you realized that you are paid only a bit more to clean the mess of the others co-workers who doesn't care if they make the same mistake over and over again because ''they don't fire people'' for lack of skills/intelligence. Also, it seems that the upper management doesn't care that much if the turn-over is huge : they don't see the affect on the ''good/skilled'' employees who still ''sticks'' with the company because they are always reminded in meeting that the company is working hard to make them happy!! good one....

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.

2.0
Jun 21, 2026
Recommend
CEO approval
Business Outlook

Pros

The company has a great severence package. Unfortunately thats a pro because they are laying off workers every 3 months until most of operations are offshore. Decent 401k match and vacation.

Cons

Layoffs, pay is low. Return to office mandate.

See reviews by: Helpful|Rating|Date|All