Successful company needs to address Employee Morale & Turnover - Recensione dipendente - Fund Accountant presso State Street

2,0
3 set 2008
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

State street is a large company that is doing very well financially. You will have room for advancement and plenty of opportunities to explore different areas within the company because of its size. With the company being so successful, you don't need to worry about State Street going bankrupt as they just recently had one of their best quarters ever.

Svantaggi

Employee morale is extremely low. Compensation and high employee turnover makes it hard to remain an employee there. Many employees as well as managers do not have business or finance degrees and lack the crucial management skills to adequately address employee morale and respect. It is an issue that never seems to go away. Compensation comparable to other jobs at similar companies is extremely low and yearly bonuses might as well be none at all. For a billion dollar company, they do not treat their employees with the respect they deserve.

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5,0
11 feb 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Pay, Benefits, Time off, Flexibility

Svantaggi

I can't think of any

1,0
14 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Remote work is (rarely) an option, though the approval process is extremely slow and bureaucratic. There are a few well-meaning colleagues who genuinely try to drive positive change before burning out.

Svantaggi

Onboarding and HR processes are severely broken, taking 11 months to approve remote status and failing to prepare basic equipment for day one. The workplace culture is deeply hostile, with anger and yelling functioning as the default communication style across teams. Leadership turnover is rampant, resulting in constant re-organizations, splintered teams, and a total lack of strategic direction. Role clarity is non-existent, forcing employees to invent their own daily tasks while receiving entirely contradictory instructions. Direct management is completely absent; I went seven months without any contact from my boss before being laid off via a three-word instant message and short call.

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