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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 34.1% female and 40.7% ethnic minorities. The diversity in State Street employees extends to employee political beliefs. Its employees are politically diverse and represent a balanced blend of political orientations, with 47.6% Democrats and 52.4% Republicans. Despite their political differences, employees at State Street seem to be happy. The company has great employee retention with staff members usually staying for 4.0 years. The average employee at State Street makes $96,230 per year. In comparison, some of its highest paying competitors, like Morgan Stanley, Charles Schwab, and Goldman Sachs, pay $119,629, $108,428, and $105,030, respectively.
State Street is an industry leader with 40,142 employees and an annual revenue of $12.0B that is headquartered in Boston, Massachusetts.

The Organization’s Mission

Strengthen Boston's future workforce by advancing job readiness for local youth today.

Industry

Financial Services

Revenue

$12.0B

Employees

40,142

Founded in

1792

Headquarters

Boston, MA

Website

www.statestreet.com

Organization Type

Public

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The Team At State Street

Key People

    Ron O'Hanley (President and CEO)

    Jane Fisher (VP)

    Joseph Hooley (Chairman)

    Ronald O'Hanley (ceo)

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 Reviews

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2.0

Zippia UserFebruary 2019

2.0

Zippia Official LogoZippia UserFebruary 2019

What Do You Like About Working There?

Typically worked with competent employees Show More

What DON'T You Like About Working There?

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

What Are Your Favorite Benefits/Perks?

401k match at 6% Show More
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State Street Rankings

State Street is ranked #21 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 $96,254 per year. Employees in the top 10 percent can make over $142,000 per year, while employees at the bottom 10 percent earn less than $65,000 per year.
7.5
Salary Score
Average Employee Earnings

State Street Salaries By Job Title

The average employee at State Street earns a yearly salary of $96,254 per year, but different jobs can earn drastically different salaries.

The higher paying positions at State Street include senior associate, vice president of information technology, lead technician, and officer.

A typical senior associate salary at State Street is $132,659 per year.

Some of the other roles at State Street are service representative and administrative assistant. A worker with the title service representative at State Street earns an average salary of $48,801 per year.

State Street Careers

On average, employees at State Street stay with the company for 4.0 years. Employees most commonly join State Street after leaving National Financial Services. When they leave State Street, they most frequently get their next job at National Financial Services.

Average Length of Employment

State Street

4.0 years
Goldman Sachs3.5 years
Top Employers Before State Street
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Top Employers After State Street
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State Street Employee Demographics

9.8
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.

State Street Employees Education

Of the 40,142 employees at State Street, 18.1% 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 Employment Videos

State Street Financial Performance

8.7
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

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State Street Subsidiaries

Subsidiaries to State Street include Princeton Financial Systems and AcadiaSoft. Employees at the parent company, State Street, earn $96,230. In comparison, the salaries at Princeton Financial Systems and AcadiaSoft are $87,558 and $69,683.
Company
Average Salary
Princeton Financial Systems
Princeton Financial Systems
$89,146
$89k
AcadiaSoft
AcadiaSoft
$72,801
$73k

State Street Competitors

Competitors of State Street include Morgan Stanley, Charles Schwab, and Goldman Sachs.

The average salaries at Morgan Stanley rank the highest, with their employees earning an average salary of $119,634 per year.

The employees at Charles Schwab earn an average yearly salary of $109,044 per year, and the salaries at Goldman Sachs average $104,877 per year.

Frequently Asked Questions about State Street

How many Employees does State Street have?

State Street has 40,142 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 "Strengthen Boston's future workforce by advancing job readiness for local youth today."

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, Morgan Stanley, Goldman Sachs, BlackRock, Northern Trust, Fidelity Investments, Citi, JPMorgan Chase, Charles Schwab, MSCI, Ameriprise Financial, KeyBank, The Hartford, Capital One, American Express, Discover Financial Services, First Data, The PNC Financial Services Group, Bank of America, Mesirow Financial.

Who works at State Street?

Ron O'Hanley (President and CEO)

Jane Fisher (VP)

Joseph Hooley (Chairman)

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Where is State Street's headquarters?

State Street's headquarters is in Boston, MA.

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Updated May 18, 2020

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, State Street Corp. and State Street Corporation.