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You know what you're getting, it's a safe place

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Fund Accountant Associate II  in  Sacramento, CA
Former Employee - Fund Accountant Associate II in Sacramento, CA

I worked at State Street full-time for more than 3 years

Pros

It's a 45-hour per week financial services job. When you leave the office, you don't have to think about your job until you get back the next morning. And even then, you could easily get away with calling out or coming in late. If you can find a good few friends in the office, particularly in your group, it makes the job a lot more bearable.

An added bonus is you can definitely work this day job to support an entrepreneurial venture of your own. You can also get away with working on your own stuff during down time - which there is a lot of throughout the day. Also good to take advantage of 401K match.

Cons

There are a lot of routines that become mundane over time. General ledger processes aren't very exciting. A lot of times it feels like you're a glorified data entry employee. And you're not even that glorified for it. But again, you know what you're getting at State Street. It's safe.

Recommends
Neutral Outlook
No opinion of CEO

Other Reviews for State Street

  1.  

    Decent Starting Place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Associate  in  Boston, MA
    Current Employee - Senior Associate in Boston, MA

    I have been working at State Street full-time for more than 5 years

    Pros

    Great starting point, you can learn the back office business very quickly. Retirement benefits are good and colleagues are pleasant.

    Cons

    Pay is pathetic, bonuses and yearly reviews are HIGHLY politicized based on executive management. General training level and knowledge levels are low in USIS.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2.  

    A great place to start and get some experience right out of school.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accountant, Associate I  in  Boston, MA
    Current Employee - Fund Accountant, Associate I in Boston, MA

    I have been working at State Street full-time for less than a year

    Pros

    This is a big company and the entry-level positions are quite stable. They have a great training program that gives you some insight as to what you will be doing on a daily basis. The training continues once you join the team you work for. As with any job, you continue to learn every day on the job and assume more responsibilities as you move forward.

    Cons

    Unfortunately, it is tough to move up in this company. The best chance is to work for a year and transfer to a different team. Upward mobility is limited within your team. The salary is quite low, but it is something to work with.

    Neutral Outlook
    Approves of CEO
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