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Average Salary for State Street Corporation Employees

State Street Corporation is a state commercial banks firm headquartered in Boston, Massachusetts that hires for Fund Accountant positions, Business Analyst roles, and more. The median income for State Street Corporation employees is $67K annually. The most important factor affecting pay for State Street Corporation employees is how long you've been working, though your role at the company and where you live play a role as well. This synopsis is derived from the responses of individuals who took PayScale's salary survey.

How This Employer Pays

State Street Corporation typically pays:
-7%
below market
Similar employers pay:
4%
above market
Employer: State Street Corporation
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
[-]Fund Accountant (14)
$30,770 - $56,957  
   
[-]Fund Accountant (14)
Salary$32,944 - $55,432  
   
Bonus$0.33 - $2,909  
Total Pay$30,770 - $56,957  
[+]Business Analyst (Unspecified Type) (9)
$48,973 - $105,246  
   
[+]Business Analyst (Unspecified Type) (9)
Salary$48,176 - $91,887  
   
Bonus$1,947 - $14,093  
Total Pay$48,973 - $105,246  
[+]Vice President (VP), Operations (6)
$75,427 - $206,294  
   
[+]Vice President (VP), Operations (6)
Salary$68,487 - $166,114  
   
Bonus$3,913 - $48,724  
Total Pay$75,427 - $206,294  
[+]Financial Analyst (5)
$39,048 - $74,407  
   
[+]Financial Analyst (5)
Salary$38,497 - $67,078  
   
Bonus$776 - $8,429  
Total Pay$39,048 - $74,407  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 5 Nov 2014 | Individuals Reporting: 147
United States (change)

State Street Corporation Details

225 FRANKLIN ST
Boston, Massachusetts 02110

1792

State Commercial Banks, Financial Services

State Street, State Street Corp

Suggest changes »

Freebase CC-BY Source: Freebase, licensed under CC-BY

Years of Experience

Workers who have been with the company for more than one year but less than five can typically make $48K. On the whole, the greater proportion of employees (33 percent) have a tenure of five to nine years and bring home approximately $62K per year.

Jobs

The highest paychecks go to VPs of Operations, who earn $113K, closely trailed by IT Business Analysts (around $90K), Fund Accounting Managers ($67K), and Business Analysts (about $66K). Earning only around $43K, Fund Accountants make less than most people in the company.

Locations

Median pay is highest in Irvine ($111K annually), followed by New York (about $98K), the company's headquarter city of Boston ($68K), and Quincy ($58K). At approximately $41K, Sacramento is home to some of the lowest pay in the country. Within the company, workers earn the highest salaries (an average of $98K per year) in New York.

Certifications and Degrees

Certified Public Accountant s earn $115K, far more than their non-accredited counterparts. Acquiring certification to be a FINRA Series 7 General Securities Representative is rewarded at about $74K annually. At State Street Corporation, employees who hold a Master of Computer Science (MCS), Computer Science (CS) receive the highest salaries at $160K.

Skills

Employees who count Project Management among their skills tend to enjoy higher pay; the median for this group is around $89K. It's pretty common to find people here who know Microsoft Excel; just under one in three consider it a key competency. A typical employee's toolkit also contains Financial Analysis, Business Analysis, and Microsoft Office.

Benefits and Perks

As part of compensation, State Street Corporation gives paid vacation to 35 percent and paid sick leave to a quarter of workers. A solid majority of workers take advantage of the 401(k) plan that State Street Corporation sponsors. Almost all employees have health insurance, and benefits for the greater part of workers also include dental insurance. Other privileges include life insurance, flexible hours, a casual working environment, and tuition reimbursement.

Key Stats

Female
38 %
Male
62 %
Salary
$44,138 - $80,943
Salary
$33,217 - $99,048
Less than 1 year
3%
1-4 years
30%
5-9 years
31%
10-19 years
27%
20 years or more
9%
Highly satisfied
Rated 4 out of 5
based on 54 votes.

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