When it comes to location, the highest average paycheck ($142K per year) can be spotted in New York, N.Y.; the company's headquarter city of Boston, Mass. (approximately $81K), Quincy, Mass. ($64K), and Atlanta, Ga. ($62K) are the next top-paying cities. Expected earnings are below average (about $40K) in Kansas City, Mo., one of the lowest-paid cities. By state, New York offers the highest pay at around $142K annually.
Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to approximately $73K per year. The largest slice of the State Street Corporation workforce (32 percent) has been working for one to four years and earns, on average, around $59K annually.
The highest average salaries go to VPs of Operations, who bring in close to about $112K per year, though Quantitative Analysts are not far behind at $90K along with Associate Vice President (AVP), Financial Operationss ($84K) and Software Developers ($81K). Among the lower-paid positions at State Street Corporation are Investment Banking Associates — the median salary for this role approaches about $40K.
Certifications and Degrees
Monetary compensation comes to around $148K annually for Certified Information Systems Security Professionals, far surpassing the earnings of non-credentialed workers. Acquiring certification to be a Certified Information Security Manager is rewarded with median pay of $143K per year. The best paid folks at State Street Corporation have a Master of Business Administration (MBA), Finance, earning $132K annually.
When it comes to skills, Operations Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $108K per year. Microsoft Excel is considered a run-of-the-mill skill; slightly less than a third of State Street Corporation's people use it regularly. Many workers usually know Data Analysis, Project Management, and Microsoft Office as well.
Benefits and Perks
The benefits packages at State Street Corporation can sometimes lack paid time off; 30 percent get paid vacation days, and 22 percent receive paid sick leave. State Street Corporation sponsors a 401(k) program, and a large number of survey participants use this option to save for their retirement. State Street Corporation provides health insurance to most respondents, and a large number of employees do receive dental coverage. Employees can also look forward to flexible hours, life insurance, optional telecommute / work from home, and tuition reimbursement.