There are newer employer reviews for State Street

Helpful (2)

Got worse as time went on...

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

I worked at State Street full-time (more than 10 years)

Doesn't Recommend
Neutral Outlook
Disapproves of CEO
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

Pros

Get a start in a financial services career

Cons

low pay, non-existent bonuses, benefits getting worse

Advice to Management

Get rid of Syntel (off-shoring) and put Americans back to work! I was laid off in January of this year (this is how STT cuts expenses, even though they are profitable).

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  1. Helpful (2)

    Grass is greener elsewhere

    • 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 (more than 5 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    For the most part, the people you work with are good people. They make it worth going into work every day, its everything else that needs to change there

    Cons

    Too much outsourcing.....pay raises are poor....upper management that cares more about a bottom line than getting work done accurately.....COE model leads to finger pointing and blaming, not servicing clients

    Advice to Management

    Get your act together and realize what's really best for your clients.

  2. Helpful (1)

    Boring

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

    I worked at State Street as an intern (less than a year)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Something to put on the resume.

    Cons

    Was not given much to do on a daily basis. Didn't have any interest in Fund Accounting.

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