VPs of Finance earn the highest median pay at approximately $145K per year, followed by VPs of Operations ($113K), Associate Vice President (AVP), Financial Operationss (about $82K), and Business Analysts ($69K). Near the bottom at State Street Corporation are Fund Accountants, pulling in an average of just $41K.
When it comes to location, the highest average paycheck (around $125K annually) can be spotted in New York, N.Y.; the company's headquarter city of Boston, Mass. (about $81K), Quincy, Mass. ($73K), and Irvine, Calif. (approximately $70K) are the next top-paying cities. Expected earnings are below average ($41K) in Kansas City, Mo., one of the lowest-paid cities. By state, the highest pay levels are found in New York, where the average State Street Corporation employee makes $107K per year.
Years of Experience
Respondents who have been working for five to nine years make around $73K annually on average. Broken down by tenure, the largest share of State Street Corporation employees (29 percent) have one to four years of experience and earn $58K per year on average.
Certifications and Degrees
Project Management Professionals receive bigger paychecks (approximately $132K annually) than those without credentials. Chartered Financial Analysts with credentials can live quite comfortably; median salaries come in at around $128K per year. The best paid folks at State Street Corporation have a Master of Computer Science (MCS), earning $128K annually.
The highest-paying skill to have in this role seems to be Risk Management / Risk Control; employees claiming this as part of the toolbox earn a median of about $97K per year. Microsoft Excel is a popular skill in the State Street Corporation workforce; one-fourth of those surveyed report putting it to use in their jobs. Project Management, Data Analysis, and Financial Reporting round out the set of key employee skills.
Benefits and Perks
A third of employees have paid vacation, and only about one in four survey participants can take paid time off for illness. A large number of workers take advantage of the 401(k) plan that State Street Corporation sponsors. Health insurance comes as part of the deal for a large number of employees, and most survey participants report receiving dental coverage as well. State Street Corporation also dishes out privileges such as flexible hours, life insurance, optional telecommute / work from home, and a company cell phone.