Stay. Away. - Fund Accountant State Street Employee Review

1.0
22 Jul 2019
Recommend
CEO approval
Business outlook

Pros

I can work from home twice a week (which is great because the pay is abysmal so I save on gas).

Cons

Forget the concept of ever having a team that’s staffed. Everything is “lean” aka as cheap as possible; if it can maybe be done in China or India, it’s going to be. American labor is too expensive. Not only that, so is investing in technology. Fund admin is the only profitable part of the business at the moment and yet the entire company has a hiring freeze and the tech looks straight out of the 80s. I’ve worked 60+ hours a week for the past 3 months and yet they preach work/life balance. Upper management does nothing but spew corporate bs line “synergies” and “hubs” and “plans.”

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None however, teach is a bit outdated

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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