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. Employees at State Street Corporation make $72K annually on average. At State Street Corporation, the biggest piece of the paycheck puzzle is your city — it impacts salary more than anything else — though your job title and how long you've been working each factor into the equation as well. This report is based on responses to the PayScale salary survey.

Read More

How This Employer Pays

State Street Corporation typically pays:
-7%
below market
Similar employers pay:
-1%
below market
Employer: State Street Corporation
Average Salary Range by Job

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 (around $127K per year) can be spotted in New York, N.Y.; the company's headquarter city of Boston, Mass. ($77K), Irvine, Calif. (approximately $74K), and Quincy, Mass. ($61K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Sacramento, Calif. — at about $41K, salaries are some of the lowest in the country. By state, State Street Corporation employees make the most in New York, earning $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 $115K, about $83K, and $81K, respectively. Earning only around $47K on average, Fund Accountants make less than most people in the company.

Years of Experience

For those with five to nine years of experience, average earnings amount to approximately $62K annually. Workers who have been with the company for more than one year but less than five can make $52K per year on average. When we consider tenure, a substantial portion of employees (33 percent) have been working for 10-19 years and make around $93K annually on average.

Certifications and Degrees

Certified Public Accountants receive bigger paychecks (approximately $115K per year) than those without credentials. Sun Certified Java Programmers with credentials can live quite comfortably; median salaries come in at $110K annually. Those with a Master of Business Administration (MBA) at State Street Corporation come out on top, and their salaries approach about $95K per year.

Skills

The highest-paying skill to have may be SQL; employees who claim proficiency also report a higher average salary of $111K annually. A common skill in State Street Corporation's work force is Microsoft Excel; about one in five of survey participants report using it on the job. Some other standard skills here are Project Management, Business Analysis, and Financial Analysis.

Benefits and Perks

31 percent receive paid vacation, and only a fifth of survey participants get sick leave. Most respondents plan for retirement by taking advantage of the company-sponsored 401(k) program. For almost all workers, benefits include health insurance, and most workers get dental coverage, too. Privileges also include 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.
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.