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      State Street

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      State Street reviews

      Underpaid entry level job - Account Administrator- Loan Services Unit State Street Employee Review

      2.0
      Oct 11, 2008
      Account administrator- loan services unit
      Recommend
      CEO approval
      Business Outlook

      Pros

      Well known company in a great city, great for entry level. Most other entry level workers are around the college grad age, so if you are just moving to Boston it is a great place to make new friends.

      Cons

      Pay is terrible, you start at $32,000 a year based on a 36.5 hour work week, and trying to live in Boston on that salary is hard to do when you must pay $1,000+ per month for an apartment in the city. Rarely do you end up only working 36.5 hours as you are required to work long days and occasional weekends during quarter ends. You must put in a lot of years before being promoted.

      Explore other reviews about State Street

      5.0
      Jun 23, 2026
      Quantitative trader
      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
      Performance analyst
      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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