Average Salary for State Street Corporation Employees

State Street Corporation is a state commercial banks firm headquartered in Boston, Mass. that hires for Business Analyst positions, Financial Analyst roles, and more. A salary of $69K annually is the median rate at State Street Corporation. Geography primarily drives compensation; however, what you do at the company and how long you've been working are also reported as secondary influences on salary at State Street Corporation. This overview is based on answers to PayScale's salary questionnaire.

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Employer: State Street Corporation
Average Salary Range by Job
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About This Company

225 FRANKLIN ST
Boston, Massachusetts 02110

1792

State Commercial Banks, Financial Services

State Street, State Street Corp


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

Locations

When it comes to location, the highest average paycheck (approximately $127K per year) can be spotted in New York, N.Y.; the company's headquarter city of Boston, Mass. ($77K), Irvine, Calif. ($74K), and Quincy, Mass. ($61K) are the next top-paying cities. Kansas City, Mo. is near the bottom for pay at around $43K. By state, State Street Corporation employees make the most in New York, earning about $127K annually on average.

Jobs

Nearing the top of the pay scale are Compliance VPs, VPs of Operations, IT Business Analysts, and Associate Vice President (AVP), Financial Operationss; while the first receives the highest median pay at $127K per year, the other salaries come in at about $115K, approximately $83K, and $81K, respectively. Near the bottom at State Street Corporation are Fund Accountants, pulling in an average of just around $45K.

Years of Experience

Those with one to four years of experience at the company can expect to make $54K annually on average. Five to nine years of work experience seem to result in median wages of $60K per year. Broken down by tenure, the largest share of State Street Corporation employees (34 percent) have 10-19 years of experience and earn around $94K annually on average.

Certifications and Degrees

Certified Public Accountants earn approximately $115K per year, far more than their non-accredited counterparts. Earning a Sun Certified Java Programmer certification garners significant financial rewards of $110K annually on average. The highest-paying degree here is a Master of Business Administration (MBA); State Street Corporation awards about $95K to these degree-holders.

Skills

Employees who count SQL among their skills enjoy higher pay; the median for this group is $111K per year. A common skill in State Street Corporation's work force is Microsoft Excel; just over a fifth of survey participants report using it on the job. Three more common skills are Project Management, Financial Analysis, and Business Analysis.

Benefits and Perks

Paid time off is hard to come by at State Street Corporation; the company rewards only 30 percent with paid vacation time and only 19 percent with sick leave. Most respondents allocate some part of their earnings to the company-sponsored 401(k) savings plan. For the vast majority of survey participants, benefits include health insurance, and a large number of respondents get dental coverage, too. Perks also include flexible hours, life insurance, tuition reimbursement, and optional telecommute / work from home.

State Street Corporation Job Listings

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Key Stats for State Street Corporation

Gender

Female
46 %
Male
54 %
Salary
$44,572 - $91,622
Salary
$37,771 - $92,829
Less than 1 year
7%
1-4 years
27%
5-9 years
30%
10-19 years
28%
20 years or more
9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 36 votes.

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