A good starting job. - Manager - Fund Administration State Street Employee Review

3.0
23 Feb 2011
Recommend
CEO approval
Business outlook

Pros

Speaking for the office in Kansas City, this is a good place to begin a financial career at an entry level. The benefits (insurances, vacation, tuition reimbursement) are in line with most similar companies. The people overall are good to work with.

Cons

For entry level employees, there is paid overtime, which is a great benefit. For managers and above, overtime is not paid, but is definitely required. The demoralizing thing about it is that various groups have differing work hours. There are some groups that never work over 40 hours a week, whereas there are many others that work 50+ hours weekly, which has caused some rifts in the groups. Communication is also a major shortfall, whether it is communicating new ideas or tools, which groups tend to have to discover on their own, or from upper management discussing layoffs. The latest round of layoffs was announced in one sentence the middle of a multi-paragraph e-mail from the CEO.

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.

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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