Communication breakdown - Fund Accountant State Street Employee Review

2.0
Aug 24, 2008
Recommend
CEO approval
Business Outlook

Pros

Great to put on resume and learn the basics of the finance and mutual fund industry Network with mutual funds and other investment houses so you can make contacts to move on Great place to start a network of fellow finance professionals for the future Learn systems used by other financial firms

Cons

Lousy communication from managers regarding why things are done Too many qualified people leaving because of lousy communication and bias Too many unqualified people being promoted to wrong positions Very difficult to get time off under certain circumstances

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.

2.0
Jun 21, 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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