When it comes to location, the highest average paycheck (around $142K per year) can be spotted in New York, N.Y.; Atlanta, Ga. (about $86K), the company's headquarter city of Boston, Mass. ($80K), and Irvine, Calif. (approximately $74K) are the next top-paying cities. Kansas City, Mo. is near the bottom for pay at $42K. Across State Street Corporation's U.S. offices, employees in the state of New York earn the most, taking home $142K annually.
VPs of Operations are awarded the highest paychecks, with compensation nearing $112K per year on average; Application Developers are next on the list, bringing in close to $90K, followed by Associate Vice President (AVP), Financial Operationss earning $82K and Senior Financial Analysts making around $74K. Fund Accountants make an average about $37K, close to the bottom of the company pay scale.
Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to approximately $74K annually. Overall, the greater share of State Street Corporation folks have one to four years of experience and earn an average $60K per year.
Certifications and Degrees
Certified Information Security Managers are compensated at a much higher rate than non-authorized workers, bringing in close to around $143K annually. Project Management Professionals also rank high on the pay scale, with expected average earnings of $138K per year. It pays to have a Master of Business Administration (MBA), Finance at State Street Corporation — these employees make the most at about $128K annually.
The highest-paying skill to have may be Operations Management; employees who claim proficiency also report a higher average salary of approximately $108K per year. Microsoft Excel also popped up often in the survey as an important skill; around one in four of employees surveyed report using it at work. Many workers are also familiar with Data Analysis, Project Management, and Financial Reporting.
Benefits and Perks
29 percent have paid vacation, and only about 18 percent can take paid time off for illness. The vast majority of workers participate in the company's 401(k) retirement savings plan. Perks cover health insurance for most respondents and dental coverage for most survey participants. Other privileges include flexible hours, life insurance, optional telecommute / work from home, and a company cell phone.