International Fund Services Reviews in Boston, MA | Glassdoor

International Fund Services Boston Reviews

10 reviews

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Boston, MA Area

2.1
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Scott FitzGerald
1 Rating

10 Employee Reviews

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Pros
  • Work-life balance if you get easy funds (in 8 reviews)

  • Can work from home depends on the team (in 6 reviews)

Cons
  • Hard work is nor appraised or recognised (in 6 reviews)

  • Very long hours, can find a reluctance with management when I go to leave at 5, training not great at all (in 5 reviews)

More Pros and Cons

  1. Helpful (1)

    "State Street PDP Review"

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

    I have been working at International Fund Services full-time (Less than a year)

    Pros

    Good work/life balance. You rarely work more than 45 hours per week.

    Cons

    The job can be very pigeon-holed


  2. "Senior Associate"

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

    I have been working at International Fund Services full-time (More than a year)

    Pros

    Maybe the ability to work at home once and awhile but that's it.

    Cons

    No hands on training, just power point slides. Management is not concerned with the well being of associates. Pay is below average and consider yourself lucky if you get any raise unless you are an officer or above. They do not reward hard work or effort but their buddies. Middle management is ineffective in developing associates and senior management is more worried about kissing the clients rear end to keep their jobs.

    Advice to Management

    Trust your workers and reward and recognize accordingly,

  3. "AIS Tax Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Tax Analyst in Boston, MA
    Former Employee - Senior Tax Analyst in Boston, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at International Fund Services (More than 5 years)

    Pros

    Incredibly exposure to business and funds types for the proactive analyst willing to make a strong effort.

    Cons

    The AIS Tax Group was run for many years 2005-2011 as a sweat shop. Constant fears of layoff, low pay, poor benefits (at lower levels) created a large number of disenfranchised workers.

    Advice to Management

    The clients need to be serviced and cutting staff and resourced actively through layoffs or attrition gets noticed in a bad way. Please take the long-view which will be best for the employees, shareholder and clients.


  4. Helpful (2)

    "Horrible"

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

    I worked at International Fund Services full-time (More than a year)

    Pros

    I spent quite some time trying to think of one, and cannot.

    Cons

    Horrible middle management, below industry standard compensation, horrible hours, little to no internal promotion unless someone quit, and little respect within the industry when seeking new jobs


  5. "Pays low and require above average efforts and time"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Fund Accountant in Boston, MA
    Former Employee - Fund Accountant in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at International Fund Services full-time (Less than a year)

    Pros

    Easy to get in for fresh college students . Good starting place to get experience

    Cons

    Low pay, difficult people, benefits minimal and layoff every year

    Advice to Management

    Should pay better and give new people more chance to develope


  6. "Boring"

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

    I worked at International Fund Services full-time (More than a year)

    Pros

    At first it;s not bad but as you move up it gets a lot worse

    Cons

    Not enough people to do the job. Always stressful

    Advice to Management

    Show some appreciation for the associates


  7. Helpful (1)

    "I needed a college degree for this?"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate I in Boston, MA
    Former Employee - Associate I in Boston, MA
    Doesn't Recommend

    Pros

    -Immediate coworkers were great people.

    Cons

    -Was the salary a joke? $33k a year for a college degree living in Boston? Seems a little low.

    Advice to Management

    In 2010 there was close to 70% employee turnover. Spend less money on recruiting and more money on paychecks and I bet that % will decrease.

  8. Helpful (2)

    "dont stay too long"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - NAV Officer in Boston, MA
    Current Employee - NAV Officer in Boston, MA

    Pros

    good place to learn, good work/life balance, generally nice people

    Cons

    zero development or training or career advice from management, unorganized and political atmosphere prevails.


  9. Helpful (1)

    "lacking anything good"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate in Boston, MA
    Current Employee - Senior Associate in Boston, MA

    Pros

    good benefits, ok place to start right out of school, great entry-level job to give you a taste of the entire industry-

    Cons

    after a while you feel stuck and your brain gets dumber each day you sit in your cube.management plays favorites, only advance if its on accident

    Advice to Management

    great place to start - but long term growth isnt really attractive


  10. "Cons outweigh the pros"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend

    Pros

    Since IFS is a subsidiary company of State Street, you are able to benefit from the perks of a big company while getting the one-on-one personal time with management that you can only get from a small company.

    Cons

    The hiring and promotion process has been slow, with no end in sight. Salary is not competitive with other companies and seems to be the number one concern of most employees.

    Advice to Management

    Lately, upper management seems to have been listening to the employees and started taking the necessary steps towards better communication.


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