What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

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. State Street Corporation pays its employees $72K annually on average. State Street Corporation paychecks are largely negotiated based on geography, though your job title and how long you've been working are also considered. The data for this report comes from responses to the PayScale salary survey.

Read More

How This Employer Pays

State Street Corporation typically pays:
-7%
below market
Similar employers pay:
-4%
below market
Employer: State Street Corporation
Average Salary Range by Job
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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. (around $77K), Irvine, Calif. ($74K), and Quincy, Mass. (about $61K) are the next top-paying cities. Sacramento, Calif. is one of the lowest-paid cities, with earnings averaging $41K. By state, the highest compensation levels appear in New York, where the average salary is $127K annually.

Jobs

The highest average salaries go to Compliance VPs, who bring in close to around $127K per year, though VPs of Operations are not far behind at $115K along with IT Business Analysts ($83K) and Associate Vice President (AVP), Financial Operationss ($81K). With salaries averaging approximately $47K, Fund Accountants are among the lowest paid at State Street Corporation.

Years of Experience

Those who have five to nine years of work experience see average salaries of about $62K annually. Between the one and five year mark, median pay is $52K per year. Broken down by tenure, the largest share of State Street Corporation employees (33 percent) have 10-19 years of experience and earn $93K annually on average.

Certifications and Degrees

Being a Certified Public Accountant certainly has its perks — salaries approach around $115K per year and far exceed the paychecks of those without certification. Bigger paychecks are awarded to Sun Certified Java Programmers with credentials; these people earn about $110K annually on average. State Street Corporation workers who hold a Master of Business Administration (MBA) are also well compensated, earning approximately $95K on average.

Skills

When it comes to skills, employees who report SQL among their abilities seem to make the most, reporting a median income of $111K per year. Microsoft Excel is a popular skill among State Street Corporation workers, with around one in five of those surveyed reporting using it on the job. Many workers usually know Project Management, Business Analysis, and Financial Analysis as well.

Benefits and Perks

31 percent receive paid vacation, and only one in five respondents get sick leave. A large number of workers save for retirement through State Street Corporation's 401(k) plan. Health insurance is part of the package for the vast majority of workers, and for most survey participants, dental coverage is too. Some other advantages of working at State Street Corporation are flexible hours, life insurance, tuition reimbursement, and optional telecommute / work from home.

Key Stats for State Street Corporation

Gender

Female
46 %
Male
54 %
Salary
$44,432 - $89,817
Salary
$35,745 - $93,679
Less than 1 year
6%
1-4 years
28%
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.

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »
United States (change)

Subscribe to Our Newsletter

Salary and career advice to put you a step ahead.
newsletter icon

ADVERTISEMENT

Recent Blog Posts on Career News

Want to Get More Specific? Get a Salary Report Customized for YOU

Tell us about your current job and your skillset, and we’ll let you know how much employers are paying in your area.