Good entry level, good benefits, not long-term, very low salary - Anonymous employee State Street Employee Review

3.0
17 Sept 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

benefits package is good, vacation time. Good place to spend a year or two to learn the ropes of a specific area before leaving for a company that will actually pay you in something more than peanuts.

Cons

Low-to-no bonuses, extremely low salary structure, makes it very difficult to stay or retain talent. Lack of compensation causes massive turnover. Constant re-shuffling of org structure, makes jobs even more cookie-cutter and unmarketable. Lots of outsourcing and cheapening of business strategy. Lots of downsizing for mid-to-high level management makes it difficult to expect good managers or retain good managers. Under-paid associate level employees make for a poor atmosphere.

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.

See reviews by: Helpful|Rating|Date|All