GET OUT WHILE YOU CAN! DEAD END JOB! - Portfolio Accountant State Street Employee Review

1.0
6 Feb 2010
Recommend
CEO approval
Business outlook

Pros

401k match If you love doing the SAME thing everyday, then this is the JOB FOR YOU!

Cons

MANAGEMENT!!MANAGEMENT!!! MANAGEMENT!!! Employees have no voice Managers can turn against you anytime with HR HR says they are here to help you but they always side with Management. They offer NO positive feedback, they focus ONLY on the negative, there is no balance. They give you a written warning after 3 mistakes and hide behind HR. They form clicks against you, they promote who they want (even if not qualified) If your a minority forget about it NO opportunity for advancement! Management can give you any type of unfair review based on their personal thoughts. Upper management, ie VP's AVP's...I don't see their purpose. They don't acknowledge you when they walk around, tooo tied up in their titles to be inclusive. I really don't know what they do. Upper Management is completely not in tune with whats occurring with the bottom level. State Street seen as best place to work...I was very surprised...they should no appreciation for the people who literally do ALL the work that drives them revenue. The pay SUCKS!!! I could have better salary and more respect working at McDonald!!! If you have no personality, your quiet, don't interact...this is the place for you. If you like doing the same thing everyday with no challenges this is the JOB FOR YOU!

Explore other reviews about State Street

5.0
23 Jun 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.

2.0
21 Jun 2026
Recommend
CEO approval
Business outlook

Pros

The company has a great severence package. Unfortunately thats a pro because they are laying off workers every 3 months until most of operations are offshore. Decent 401k match and vacation.

Cons

Layoffs, pay is low. Return to office mandate.

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