It's pretty bad...enough said. - Bank Loan Specialist State Street Employee Review

2.0
11 Nov 2011
Recommend
CEO approval
Business outlook

Pros

- Large recognizable company - Decent place to launch a career for the first couple years - Plenty of entry-level opportunities available

Cons

- Among the lowest paying financial services firms in Boston - Work is not challenging or fulfilling, with lots of downtime during the day - Amount of work for most entry-level employees is rapidly decreasing due to a huge push for automation of procedures - Promotions are mostly based on seniority; your effort and enthusiasm toward the job does not count for much - Employees are constantly being shuffled around (my desk was moved multiple times in 2011) - Senior management is condescending; seems like most department-wide communication from them is either a lecture or a threat that something better get done - Management also provides no incentives for employees to go above and beyond - Mandatory that you pay money to wear jeans/dress casually on Friday, as much as $5 - Difficult to advance your career once at the Associate 2 level, even by moving to another part of the company

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
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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