Porfolio Accountant/ Fund Accountant - Portfolio Accountant State Street Employee Review

2.0
Aug 31, 2009
Recommend
CEO approval
Business outlook

Pros

You will be working for a fortune 500 company. Its name speaks volume in the banking industry, particulary in Boston, MA. State Street provides great benefits to their employees.

Cons

There is alot of in house politics, especially in an entry-level position. Employees are graded upon work performance. However, favoritism does factor in, when it comes to promotion. The salary is below industry average. $32,000 a year is hard to live on in one of the most expensive cities in America. However, most employees do not stick at State Street for too long, some see it as a stepping stone to other opportunities. The ones that do stay are not the creme of the crop.

Explore other reviews about State Street

5.0
Jun 23, 2026
Recommend
CEO approval
Business outlook

Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

4.0
Jun 29, 2026
Recommend
CEO approval
Business outlook

Pros

Decent work life balance and decent PTO

Cons

Pay could be better and the workload can be a lot at times

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