Get entry level experience and leave for more money - Senior Associate State Street Employee Review

2.0
Oct 16, 2008
Recommend
CEO approval
Business Outlook

Pros

it's a good company to get your entry level experience because of the name recognition and good reputation. They have a good training program and different employee networking organizations. All departments are of cource different but dont go into Fund Accounting, its just not rewarding and not very interesting

Cons

All departments are different, some might be better than others but State Street is notorious for very low starting salaries. It is also very hard to get promtions and hard to get into training programs. Some management just says that it is not the most efficient use of your time.

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.

See reviews by: Helpful|Rating|Date|All