When it comes to location, the highest average paycheck (approximately $142K per year) can be spotted in New York, N.Y.; the company's headquarter city of Boston, Mass. (about $81K), Atlanta, Ga. ($62K), and Quincy, Mass. ($57K) are the next top-paying cities. At around $40K, Kansas City, Mo. is home to some of the lowest pay in the country. By state, the highest pay levels are found in New York, where the average State Street Corporation employee makes $142K annually.
Years of Experience
Average pay is around $73K per year for those with five to nine years of experience. Overall, the greater share of State Street Corporation folks have one to four years of experience and earn an average about $60K annually.
VPs of Operations represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at approximately $112K per year — though Application Developers, Senior Financial Analysts, and Private Equity Fund Administrators also do fairly well at $82K, $74K, and $61K, respectively. Earning only about $41K on average, Fund Accountants make less than most people in the company.
Certifications and Degrees
Certified Information Systems Security Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to $148K annually. Certified Information Security Managers with credentials can live quite comfortably; median salaries come in at $143K per year. State Street Corporation provides the highest financial reward to those with a Master of Business Administration (MBA), Finance — these employees rake in approximately $130K annually.
In this role, the best-paying skill appears to be Operations Management; individuals who claim it among their capabilities enjoy a higher median salary of $108K per year. A relatively widespread skill at State Street Corporation is Microsoft Excel; about one in four of employees use it for work. Data Analysis, Project Management, and Financial Reporting are also desirable skills.
Benefits and Perks
Benefits packages do tend to lack paid time off; State Street Corporation gives paid vacation days to 28 percent and sick leave to 19 percent. A large number of respondents participate in the company's 401(k) retirement savings plan. At State Street Corporation, a large number of workers have health insurance, and most respondents have dental coverage. A few more workplace perks are flexible hours, life insurance, optional telecommute / work from home, and tuition reimbursement.