Pros
The people you work with are young and energetic. Management knows how to complete tasks and are fully experienced in their specific field. Certain parts of the month can be less stressful. Also working at State Street provides opportunities to learn more about the global market and the ongoings in the 401(k) world. Tuition reimbursement is available for those who seek it. Looks good on your resume.
Cons
Month end period is trecherous with non-stop work. Managers sometiem lack patience with new hires as well as long time workers. Salaries don't go up much regardless of years of experience. Communication is lacking many times and duties are often assigned to multiple people. Managers don't encouraged workers to take classes outside of State Street's own curriculum. Work life balance doesn't exist... period! Work before life. Since managers ususally know what they are doing, they forget that some people, expecially newcomers, don't know as much as them. Managers get frustrated when an employee hasn't completed a work that he/she was never taught. Most employees complain about poor pay and that creates a negative environement. The work is simply data entry and very monotonous. There is no space for fresh ideas/creativity, or insight. Portfolio accountants can harldy seperate themselves from their colleagues, unless they do a ridiculous amount of overtime. It appears that there is no room to grow and no furthere promotions after the manager position.
