State Street – “Don't get sucked in... get a year or two of experience and get out”

Pros

On the operations side, they offer a safe (yet low paying) job with the opportunity to move up a few levels before becoming stuck as a mid level manager.

Cons

After a year of real, professional experience, your job becomes expendable and the management knows it. With no real pay raises and a lack of respect, it becomes a depressing place to work at. Don't get fooled by their promotions and promises like I did.

Advice to Senior Management

Try and give the Fund Accountants a quicker path to success. They feel like drones and for the most part, what they are doing isn't gaining them financial experience at all. Give them a reason to stay.