A total waste of time, SSB should stand for sweat shop bank - Fund Accounting Manager State Street Employee Review

1.0
17 Jan 2012
Recommend
CEO approval
Business outlook

Pros

The people. The staff consists mostly of entry level recent college graduates.

Cons

-Well below industry standard pay. Recently reduced for new hires as of 2011. -Staff is massively overworked (12.5 hour days for the first 7 business days of the month) -Inexperienced managers -Very little room for promotion. -Bonuses and raises over the last 4 years have been reduced to the point where employees feel disrespected to be even given one at all -Work is not challenging at all. Could possibly be performed by a well trained chimp.

Explore other reviews about State Street

5.0
28 Jan 2026
Recommend
CEO approval
Business outlook

Pros

Salary benefits vacation people culture

Cons

Work life balance could be better

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.

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