2.0
31 Aug 2009
Former employee
Boston, MA
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.