Not a bad place to work... - Associate II State Street Employee Review

4.0
4 Sept 2008
Recommend
CEO approval
Business outlook

Pros

I don't know about other groups within the bank, but the one I work in is enjoyable. You can come into the company not knowing a whole lot about the business world and the market and you can learn a lot very quickly. Also with employee turnover being somewhat high it's easy for those who stick around be be promoted. Since joining the group in September 2006 everyone in the group who was a Fund Accountant at that time who is still with the company is now a Senior Fund Account and the pay raise from the promotion is quite decent. I went from about 34.5K to 42.1K

Cons

There are times when there isn't much going on to times when we're swamped. You really have to take the good with the bad.

Explore other reviews about State Street

5.0
11 Feb 2026
Recommend
CEO approval
Business outlook

Pros

Pay, Benefits, Time off, Flexibility

Cons

I can't think of any

1.0
14 May 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.

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