Honest Review - Portfolio Accountant State Street Employee Review

1.0
Jun 1, 2010
Recommend
CEO approval
Business Outlook

Pros

I can nap at work because I literally do nothing (In fact I am at work now!)

Cons

This place is the biggest joke EVER. DO NOT WORK HERE. I was hired 5 months ago and literally do not do a thing. I thought this would be a decent job out of college and it sucks. I sit at my desk all day and pretend to do work when there is none. We have 5 people in our team "handling faxes and interacting with clients" but we really only need 1. Nothing comes in on the faxes and I rarely speak with anyone. I am usually so bored at work that I really don't care if I even do the work. Employees take 2-3 hour lunches because nothing ever happens. Some employees may pretend it's busy but in reality there is no way! If you want to sit around and waste your life work here. You'd be better off being the janitor in the building.

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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