The Culture At State Street

Information provided by the company
For us, success comes from the impact our employees have - on our clients, our communities and each other.. We're committed to providing an inclusive environment where all employees feel valued and supported.
This opportunity is on a growing highly open team looking to build innovative client service model.
Intellectual curiosity and genuine interest in the industry and capital markets
Motivated self-starter.
Potential opportunity for business travel.
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State Street Overview

State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second United States bank on the list of oldest banks in continuous operation; its predecessor, Union Bank, was founded in 1792.
The staff at State Street come from unusually diverse demographic backgrounds. The company is 36.0% female and 40.3% ethnic minorities. State Street employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 57.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at State Street seem to be happy. The company has great employee retention with staff members usually staying for 5.5 years. The average employee at State Street makes $88,970 per year. Pay at State Street is significantly lower than some of its highest paying competitors, like Deutsche Bank, Morgan Stanley, and Credit Suisse, which pay $107,568, $105,676, and $104,684, respectively.
State Street is an industry leader with 39,439 employees and an annual revenue of $12.0B that is headquartered in Boston, MA.

The Organization’s Mission

To invest responsibly to enable economic prosperity and social progress.

Industry

Financial Services

Revenue

$12.0B

Employees

39,439

Founded in

1792

Headquarters

Boston, MA

Website

www.statestreet.com

Organization Type

Public

Is This Your Company?

State Street Employee Reviews

Zippia Official Logo

3.0

Zippia UserOctober 2021

3.0

Zippia Official LogoZippia UserOctober 2021

What Do You Like About Working There?

Flexible working from home arrangements

What DON'T You Like About Working There?

No career advancement

What Are Your Favorite Benefits/Perks?

Wfh arrangements.
Zippia Official Logo

2.0

Zippia UserFebruary 2019

2.0

Zippia Official LogoZippia UserFebruary 2019

What Do You Like About Working There?

Typically worked with competent employees

What DON'T You Like About Working There?

Pay is abysmal, they would rather outsource your work than pay you a fair wage.

What Are Your Favorite Benefits/Perks?

401k match at 6%
Anonymous review of State Street

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The Team At State Street

Key People

    Ronald O'Hanley (CEO / President)

State Street Company Rankings

State Street is ranked #11 on the Best Finance Companies to Work For in Massachusetts list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

State Street Salaries

How much does State Street pay?
The national average salary for a State Street employee in the United States is $88,970 per year. Employees in the top 10 percent can make over $143,000 per year, while employees at the bottom 10 percent earn less than $55,000 per year.
8.4
Salary Score
Average Employee Earnings

State Street Salaries By Job Title

The average employee at State Street earns a yearly salary of $88,970 per year, but different jobs can earn drastically different salaries. Some of the positions that earn high wages at State Street include vice president of information technology, senior associate, account manager, and lead technician. A worker with the title vice president of information technology salary at State Street can earn an average yearly salary of $160,117. Some of the other roles at State Street are cashier and administrative assistant. A worker with the title cashier at State Street earns an average salary of $29,186 per year.
Job Title
Title
ascdesc
Average Salarydesc
Vice President Of Information Technology
Salary Range141k - 181k$160k$160,117
Senior Associate
Salary Range116k - 197k$151k$151,446
Account Manager
Salary Range116k - 160k$137k$137,123
Lead Technician
Salary Range111k - 131k$121k$120,851
Senior Software Engineer
Salary Range103k - 130k$116k$116,422
Portfolio Administrator
Salary Range94k - 130k$111k$111,069
SAS Programmer
Salary Range93k - 116k$104k$104,165
Quality Assurance Lead
Salary Range94k - 112k$103k$103,088
Java/J2ee Developer
Salary Range92k - 113k$103k$102,537
Java Developer
Salary Range87k - 107k$97k$96,587
$63k
$197k

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State Street Careers

On average, employees at State Street stay with the company for 5.5 years. Employees most commonly join State Street after leaving Fidelity Investments. When they leave State Street, they most frequently get their next job at Fidelity Investments.

Average Length of Employment

5.5 years
4.6 years

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State Street Employee Demographics

9.7
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

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State Street Employees Education

Of the 39,439 employees at State Street, 17.7% attended Northeastern University. Employees at State Street most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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State Street Employee Political Affiliation

State Street employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a State Street employee was by George Hoguet. George Hoguet donated $39,400 to the Republican Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
George HoguetPortfolio Manager
Portfolio Manager
Republican Party
$39,400Republican Party
Clifford LewisExecutive Vice President
Executive Vice President
Republican Party
$27,750Republican Party
Samuel ColeFinance
Finance
Republican Party
$20,000Republican Party
Christopher MeekVice President
Vice President
Republican Party
$18,100Republican Party
Francis KoudelkaFinance Service Advisor
Finance Service Advisor
Republican Party
$13,828Republican Party
Ronald HanleyExecutive
Executive
Democratic Party
$13,100Democratic Party
Jeffrey CarpAttorney
Attorney
Republican Party
$11,500Republican Party
Brian ReganFinance Compliance Officer
Finance Compliance Officer
Democratic Party
$11,300Democratic Party
Raymond ZaborneyPresident
President
Republican Party
$9,056Republican Party
Joseph HooleyExecutive
Executive
Republican Party
$9,000Republican Party
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State Street Employment Videos

State Street Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1792

Organization type

Public

How Would You Rate The Company Culture Of State Street?

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State Street Subsidiaries

Subsidiaries to State Street include Princeton Financial Systems. Employees at the parent company, State Street, earn $88,970 whereas employees at Princeton Financial Systems earn $94,302, on average.
Company
ascdesc
Average Salarydesc
Princeton Financial Systems
Salary Range71k - 123k$94k$94,302
$71k
$123k

State Street Competitors

Some of the competitors of State Street are Deutsche Bank, Morgan Stanley, and Credit Suisse. The wages at Deutsche Bank average higher than the other similar companies, where the median salary is $107,568 per year. Employees at Morgan Stanley earn an average of $105,676 per year, and the employees at Credit Suisse earn an average salary of $104,684 per year.
Companydesc
Average Salarydesc
Deutsche Bank
Salary Range83k - 137k$108k$107,568
Morgan Stanley
Salary Range78k - 141k$106k$105,676
Credit Suisse
Salary Range83k - 131k$105k$104,684
MSCI
Salary Range81k - 133k$104k$104,419
Goldman Sachs
Salary Range77k - 127k$99k$99,431
Northern Trust
Salary Range76k - 125k$98k$98,017
Federal National Mortgage Association
Salary Range80k - 118k$98k$97,563
BlackRock
Salary Range71k - 125k$95k$95,234
Princeton Financial Systems
Salary Range71k - 123k$94k$94,302
Backlund Investment Co
Salary Range73k - 111k$91k$90,669
$46k
$141k

Frequently Asked Questions about State Street

When was State Street founded?

State Street was founded in 1792.

How many Employees does State Street have?

State Street has 39,439 employees.

How much money does State Street make?

State Street generates $12.0B in revenue.

What industry is State Street in?

State Street is in the financial services industry.

What is State Street's mission?

State Street's mission statement is "To invest responsibly to enable economic prosperity and social progress."

What type of company is State Street?

State Street is a public company.

Who are State Street's competitors?

State Street competitors include The Bank of New York Mellon, Goldman Sachs, Morgan Stanley, Northern Trust, MSCI, Mesirow Financial, Princeton Financial Systems, Backlund Investment Co, BlackRock, Franklin Resources, Charles Schwab, Federal National Mortgage Association, Voya Financial, American International Group, Deutsche Bank, Citigroup, Ameriprise Financial, Credit Suisse, American Express, American Tower.

Who works at State Street?

Ronald O'Hanley (CEO / President)

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Updated October 27, 2021

Zippia gives an in-depth look into the details of State Street, including salaries, political affiliations, employee data, and more, in order to inform job seekers about State Street. The employee data is based on information from people who have self-reported their past or current employments at State Street. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of State Street and its employees or that of Zippia.

State Street may also be known as or be related to STATE STREET CORP, State Street, State Street Corp and State Street Corporation.