2.0
May 31, 2011
Current employee
Kansas City, MO
Recommend
CEO approval
Business outlook
Pros
State street has good benefits, and a good retirement savings match (5%). Another good thing about State Street is you can take a break whenever you like with no one looking over your back all the time.
Cons
Starting salary is now a terrible 28K for fund accountants, miserable. It was 32K when I started. State Street has very limited career advancement in the long term. Most people only work here for about 5 years or so and move on because they realize it is pretty much a dead end. Becoming a manager means only making about 2,000 more a year than a senior accountant, not much for the amount of work you take on.