Average Salary for State Street Corporation Employees

Based in Boston, Mass.,state commercial banks player State Street Corporation offers many employment opportunities, including Business Analyst and Financial Analyst positions. The average employee at State Street Corporation takes home $69K per year. The most important factor affecting pay for State Street Corporation employees is where you live, though your job title and your experience level play a role as well. The data for this overview comes from 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 ($127K annually) can be spotted in New York, N.Y.; the company's headquarter city of Boston, Mass. ($77K), Irvine, Calif. ($74K), and Quincy, Mass. (about $61K) are the next top-paying cities. Expected earnings are below average (around $43K) in Kansas City, Mo., one of the lowest-paid cities. By state, State Street Corporation pays its New York employees the most; the pay rate there is approximately $127K per year.

Jobs

The highest paychecks go to Compliance VPs, who earn an average $127K annually, closely trailed by VPs of Operations ($115K), IT Business Analysts (about $83K), and Associate Vice President (AVP), Financial Operationss (approximately $81K). Fund Accountants at State Street Corporation do not see much in the way of financial compensation and represent one of the lower-paid positions ($45K on average) at the company.

Years of Experience

Between the one and five year mark, median pay is around $54K per year. Respondents who have been working for five to nine years make $60K annually on average. When we consider tenure, a substantial portion of employees (34 percent) have been working for 10-19 years and make about $94K per year on average.

Certifications and Degrees

Monetary compensation comes to $115K annually for Certified Public Accountants, far surpassing the earnings of non-credentialed workers. On average, salaries rise to $110K per year for accredited Sun Certified Java Programmers. It pays to have a Master of Business Administration (MBA) at State Street Corporation — these employees make the most at around $95K annually.

Skills

When it comes to skills, SQL seems to bolster pay the most; employees who claim proficiency also enjoy a median income of approximately $111K per year. A relatively widespread skill at State Street Corporation is Microsoft Excel; just over a fifth of employees use it for work. Other top skills include Project Management, Financial Analysis, and Business Analysis.

Benefits and Perks

Only 30 percent at State Street Corporation enjoy paid vacation time, and just 19 percent can take sick leave. A large number of employees take advantage of the 401(k) plan that State Street Corporation sponsors. Nearly all workers report having health insurance, and a large number of workers report having dental coverage. The company also dishes out perks such as 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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