There are newer employer reviews for State Street

1 person found this helpful  

Fund Accounting = Brutal Experience, stay away, even if you're desperate, stay away.

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

I worked at State Street full-time for less than a year

Pros

Good name on the resume. I hear other departments other than Fund Accounting are excellent places to work, unfortunately I was stuck in Fund Accounting for a year.

Cons

-no transferable skills acquired
-you learn very little
-stay far away from Fund Accountant role, even if you are desperate for a job and get an offer from them as a Fund Accountant, keep looking for something elsewhere, it will be worth the wait.

Advice to ManagementAdvice

Take on less fund accountants and pay them more to do more work. the work is too spread out, i spent more than half of my day just staring at the computer screen.

No opinion of CEO

1279 Other Employee Reviews for State Street (View Most Recent)

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  1. 1 person found this helpful  

    Good for new graduate experience, bad culture for long term career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at State Street

    Pros

    I worked at State Street for six years and built my resume with them. I learned a lot of job skills and much of what I know about investment banking.

    Cons

    I did not like the lack of respect given to non-officer positions. There is really a divide between your supervisor and you. It is a very arrogant divide where people you come to face to face everyday will not look at you or treat you as if you exist because your salary/position is not at a level to impress him/her.

    Advice to ManagementAdvice

    Stop with the arrogance. Really. Oh... and pay market rate too. Turnover is very high because PA's and FA's are not paid what your competitors are.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2.  

    Hard to advance your career

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

    I have been working at State Street as a contractor

    Pros

    Good on resumes and Great learning experience

    Cons

    Does not hire many workers so current employees are burdened with the work load

    Advice to ManagementAdvice

    Needs more effort in communication

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