Low pay and terrible leadership make Fund Admin Staff wanna jump ship - Former STT Indentured Servant State Street Employee Review

1.0
10 Mar 2018
Recommend
CEO approval
Business outlook

Pros

Flex Time; very family- friendly firm (gotta compensate for all the negatives- see below).

Cons

NAV workpapers too manual. Was told "the firm is lean" before I started: terrible salary, terrible raise (if any), terrible bonuses. Threats of RIFs always in the air. Expensive health insurance. Sone ineffective VPs in PE/ Hybrid admin space. Incompetent IT staff/ HelpDesk; if you have an IT issue be prepared to be shuffled between multiple technicians and have your issue resolved in a week (!). Never had an exit interview.

Explore other reviews about State Street

5.0
6 Jul 2026
Recommend
CEO approval
Business outlook

Pros

Team is great Managers have been helpful Salary is okay.

Cons

Bonuses have been a bit low

1.0
1 Jul 2026
Recommend
CEO approval
Business outlook

Pros

They offer resources for learning.

Cons

In my previous roles I've never felt burnout but with this one is the first I was feeling crush. I don't think managers take time to structure the tasks on a 8hrs or 10hrs per day. There are a lot of unrealistic expectations, no work-life balance at all. Even if you made the sacrifice to stay late, you will not be done with the work for the day.

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