State Street

  www.statestreet.com
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A very good start to a career

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

Pros

Great systems, very reputable company, great benefits.

Cons

paid is on the low side, but consistent with all the other entry level fund accounting jobs.

Advice to ManagementAdvice

depends on your group, my group was great, so communication was excellent

Recommends
Positive Outlook
No opinion of CEO

Other reviews for State Street

  1. 2 people found this helpful  

    Stay Far Away - You will regret working here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate II  in  Kansas City, MO
    Current Employee - Associate II in Kansas City, MO

    Pros

    Good health insurance
    Parking (except it is not free).

    Cons

    I went from having a completely uninvolved manager to a micromanager. This place is a joke. It is data entry at best. I understand so many are desperate, and will take any job with the current economic conditions, but please, don't make the same mistake as me. The work is boring, repetitive, and most departments are the same - except for managers, that is. My current manager is suffocating and she wants to constantly communicate and be the best of friends. In fact, one manager considered us all "family." No! The entire department gives me little room to breathe.

    Advice to ManagementAdvice

    Quit suffocating your employees. We don't need babysitters.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 2 people found this helpful  

    Current Operations Manager

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

    Pros

    Good benefits package. However, this does not out way the cons of working here. Unless you are straight out of college or unemployed I would not recommend.

    Cons

    The pay is probably the worst part. Entry level positions are paid well below the market average. Work live balance is increasingly becoming very negative with layoffs and not replacing backfill positions. When you do get promoted and work here for several years you become a target for layoffs, this bank is not what it used to be.

    Advice to ManagementAdvice

    Get a clue. No raises for the majority of your employees and terrible bonuses, along with low pay, and layoffs/not replacing backfill positions is not the atmosphere to retain talented employees.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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