good name but low pay - Fund Accountant, Associate I State Street Employee Review

2.0
7 Mar 2011
Recommend
CEO approval
Business outlook

Pros

lots of down time on the floor, you can do quite a few personal things depending on which group you are in. vacation time is very flexible, mostly because others can cover for you easily, which also means you will have to cover for others if they are on vacation, or quit...

Cons

pay is way too low comparing to other firms, BNY mellon pays almost 30% higher, it is impossible for STT to retain talents in fund accounting, though it doesnt really matter now since they are outsourcing most of the fund accounting to India.

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.

4.0
29 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Decent work life balance and decent PTO

Cons

Pay could be better and the workload can be a lot at times

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