Years of Experience
Those with one to four years of experience at the company can expect to make around $49K. The largest slice of the State Street Corporation workforce (34 percent) has been working for five to nine years and earns about $64K per year.
The highest paychecks go to VPs of Operations, who earn $113K, closely trailed by IT Business Analysts ($90K), Fund Accounting Managers ($67K), and Business Analysts (approximately $66K). On the lower end are Fund Accountants at around $44K.
Median pay is highest in Irvine (about $111K annually), followed by New York ($98K), the company's headquarter city of Boston ($71K), and Quincy ($61K). Expected earnings are below average (approximately $44K) in Kansas City, one of the lowest-paid cities. Across its U.S. offices, the state of New York pays State Street Corporation the most — $98K per year on average.
Certifications and Degrees
Certified Public Accountants are compensated at a much higher rate than non-authorized workers, bringing in close to around $115K. Acquiring certification to be a FINRA Series 7 General Securities Representative is rewarded at $74K annually. State Street Corporation compensates Master of Computer Science (MCS), Computer Science (CS)-holders the most at about $160K per year.
In this position, it pays to have Project Management in your toolkit; employees who claim proficiency enjoy a higher median salary of approximately $89K. Microsoft Excel is regularly seen around here; slightly less than a third of those surveyed report it as a core competency. Three more common skills are Financial Analysis, Business Analysis, and Microsoft Office.
Benefits and Perks
The benefits packages at State Street Corporation can sometimes lack paid time off; 37 percent get paid vacation days, and a quarter of workers receive paid sick leave. The greater part of workers take advantage of the 401(k) plan that State Street Corporation sponsors. Health insurance is part of the package for the vast majority of workers, and for a solid majority of workers, dental coverage is too. Advantages of working here also include life insurance, flexible hours, a casual working environment, and tuition reimbursement.