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Average Salary for State Street Corporation Employees

Headquartered in Boston, Mass., State Street Corporation offers a range of employment opportunities in the state commercial banks, from Business Analyst to Fund Accountant. Employees at State Street Corporation make $73K annually on average. Your city is the biggest factor affecting pay for State Street Corporation workers, followed by your role at the company and how long you've been working. This overview is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

State Street Corporation typically pays:
-6%
below market
Similar employers pay:
-1%
below 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$60K$120K$180K
[-]Business Analyst (Unspecified Type) (11)
$42,574 - $102,837  
   
[-]Business Analyst (Unspecified Type) (11)
Salary$42,574 - $92,715  
   
Bonus$1,834 - $17,352  
Total Pay$42,574 - $102,837  
[+]Fund Accountant (6)
$35,664 - $81,132  
   
[+]Fund Accountant (6)
Salary$38,307 - $85,278  
   
Bonus$342.13 - $6,140  
Total Pay$35,664 - $81,132  
[+]Associate Vice President (AVP), Financial Operations (5)
$69,545 - $179,759  
   
[+]Associate Vice President (AVP), Financial Operations (5)
Salary$68,778 - $147,288  
   
Bonus$6,116 - $51,891  
Total Pay$69,545 - $179,759  
[+]Financial Analyst (5)
$36,694 - $75,991  
   
[+]Financial Analyst (5)
Salary$37,236 - $70,239  
   
Bonus$787 - $7,830  
Total Pay$36,694 - $75,991  
 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: 30 Mar 2015 | Individuals Reporting: 136

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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 ($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.

Jobs

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.

Skills

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.

Key Stats for State Street Corporation

Gender

Female
46 %
Male
54 %
Salary
$44,432 - $86,024
Salary
$35,745 - $93,679
Less than 1 year
5%
1-4 years
26%
5-9 years
32%
10-19 years
28%
20 years or more
9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 39 votes.
United States (change)

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