State Street - Good Foundation | Glassdoor
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There are newer employer reviews for State Street

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"Good Foundation"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Fund Accountant Associate II in Boston, MA
Current Employee - Fund Accountant Associate II in Boston, MA
Recommends
Neutral Outlook
Approves of CEO

I have been working at State Street full-time (More than 3 years)

Pros

Good foundation in financial accounting

Cons

salary and compensation below average
COEs take away from ones abilities to learn all aspects of mutual funds

Other Employee Reviews for State Street

  1. "many recent layoffs"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Boston, MA
    Former Employee - Vice President in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Many good people, good place to learn, opportunities to work form home

    Cons

    no loyalty, poor leadership from management, often prefer to hire from outside than promote from within

    Advice to Management

    show more loyalty to long-time employees, increase opportunities for advancement


  2. Helpful (1)

    "Poor Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Portfolio Accountant in Berwyn, PA
    Current Employee - Portfolio Accountant in Berwyn, PA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at State Street full-time (More than 3 years)

    Pros

    The people you work with are great. The office had a friendly vibe and I didn't mind going into the office everyday. State Street also has work from home capabilities.

    Cons

    You can't move up in the company. The only way to get a promotion is to leave the company and come back a year later. They hire managers based mostly on their connections, which is very frustrating when you end up having to do your bosses job on a daily basis. Expected to put long days in. Very high turnover.

    Advice to Management

    Promote from within and stop hiring higher positions from the outside.

There are newer employer reviews for State Street
There are newer employer reviews for State Street

See Most Recent

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