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
23 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Great work life balance and mentorship

Cons

None however, teach is a bit outdated

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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