When it comes to location, the highest average paycheck ($125K per year) can be spotted in New York, N.Y.; the company's headquarter city of Boston, Mass. (approximately $76K), Irvine, Calif. (around $74K), and Quincy, Mass. ($65K) are the next top-paying cities. Approaching the lower end of the pay scale (at about $41K) is Sacramento, Calif. State Street Corporation workers in New York earn the most — $125K annually on average.
VPs of Operations represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at around $115K per year — though IT Business Analysts, Associate Vice President (AVP), Financial Operationss, and Business Analysts also do fairly well at about $83K, $81K, and approximately $66K, respectively. Among the lower-paid positions at State Street Corporation are Financial Analysts — the median salary for this role approaches $47K.
Years of Experience
For those with five to nine years of experience, average earnings amount to $62K annually. Workers who have been with the company for more than one year but less than five can make $51K per year on average. Overall, the greater share of State Street Corporation folks have 10-19 years of experience and earn an average approximately $83K annually.
Certifications and Degrees
Salaries approach about $115K per year for Certified Public Accountants; non-accredited workers make much less. Sun Certified Java Programmers with credentials can live quite comfortably; median salaries come in at $110K annually. Employees who have a Master of Business Administration (MBA) make the most here, hauling in around $95K per year.
The highest-paying skill in this position seems to be Regulatory Compliance; individuals who report it as part of the repertoire have a median income of $81K annually. A skill that is commonly seen around here is Microsoft Excel; about a fifth deem it necessary for work. Other skills in demand are Project Management, Business Analysis, and Financial Analysis.
Benefits and Perks
As part of compensation, State Street Corporation gives paid vacation to 31 percent and paid sick leave to a fifth of employees. A 401(k) program is available, and most survey participants use it to save for retirement. For nearly all respondents, benefits include health insurance, and a large number of respondents get dental coverage, too. Advantages of working here also include life insurance, flexible hours, tuition reimbursement, and optional telecommute / work from home.