When it comes to location, the highest average paycheck (approximately $142K annually) can be spotted in New York, N.Y.; the company's headquarter city of Boston, Mass. (about $80K), Quincy, Mass. ($66K), and Atlanta, Ga. (around $63K) are the next top-paying cities. Kansas City, Mo. is near the bottom for pay at $40K. The highest pay by state can be found in New York, where salaries average out at $142K per year.
Years of Experience
Respondents who have been working for five to nine years make around $73K annually on average. The largest fraction of State Street Corporation people (31 percent) have been working for one to four years and earn approximately $57K per year on average.
VPs of Operations are awarded the highest paychecks, with compensation nearing $112K annually on average; Application Developers are next on the list, bringing in close to $90K, followed by Associate Vice President (AVP), Financial Operationss earning about $83K and Senior Financial Analysts making $74K. Fund Accountants make an average $41K, close to the bottom of the company pay scale.
Certifications and Degrees
Certified Information Systems Security Professionals have significantly higher pay than non-accredited workers at approximately $148K per year. Earning a Certified Information Security Manager certification garners significant financial rewards of $143K annually on average. The best paid folks at State Street Corporation have a Master of Business Administration (MBA), Finance, earning around $130K per year.
The best-paying skill to have in this role appears to be Operations Management; employees who claim this ability report median compensation of about $110K annually. Microsoft Excel also popped up often in the survey as an important skill; about one in four of employees surveyed report using it at work. Three more common skills are Data Analysis, Project Management, and Financial Reporting.
Benefits and Perks
As part of compensation, State Street Corporation gives paid vacation to a quarter of employees and paid sick leave to 18 percent. Most employees set aside retirement funds in an employer-sponsored 401(k). Perks cover health insurance for most respondents and dental coverage for most survey participants. The company also dishes out perks such as flexible hours, life insurance, optional telecommute / work from home, and tuition reimbursement.