No experience? No passion? No problem! - Fund Accountant State Street Employee Review

2.0
15 Jan 2014
Recommend
CEO approval
Business outlook

Pros

Any business related degree gets you in. Free coffee, tea, cocoa and plastic flatware. Depending on the department, you can sometimes get off early. Plenty of opportunity for overtime if you want it, and often when you don't. Get your work done to an acceptable level, and your managers will not ride you. 3 weeks paid vacation starting. Generally friendly co-workers and management, from team leaders to VP's. (Sacramento) Nice view of the sunrise on the East side of the building and sunset on the West side (most days you will be there to watch both)

Cons

LOW Starting pay: less than the balance of my student loans. Every. Day. Is. Exactly. The same. Like the movie "groundhog day" except the events throughout only range from: stressful and terrible, to mundane.... occasionally there will be food. No one talks. It's creepy. People communicate through Email and Office messenger while seated only feet from one another. Only Parking is paid parking: even the "discount" 160$ monthly pass equates to 1$ LESS AN HOUR THAT YOU ARE BEING PAID. Work is, as a general rule not "hard", but the learning curve is steep, and once you have some clue of what you are doing, you realize how boring it is.

Explore other reviews about State Street

5.0
23 Jun 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
21 Jun 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.

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