State Street Overview

Financial Services
Founded In
Organization Type
State Street is a leading financial services provider serving some of the world's most sophisticated institutions. They offer a flexible suite of services that spans the investment spectrum, including investment management, research and trading, and investment servicing.
The staff at State Street come from unusually diverse demographic backgrounds. The company is 38.5% 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 55.0% 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 5.7 years. The average employee at State Street makes $99,979 per year, which is competitive for its industry and location. Some of its highest paying competitors, Goldman Sachs, Morgan Stanley, and MSCI, pay $108,830, $103,933, and $100,567, respectively.
State Street is an industry leader with 39,439 employees and an annual revenue of $11.7B that is headquartered in Boston, MA.

The Organization’s Mission

We cultivate a global force of leaders that reflects the diverse markets we serve.


Employee Reviews

Based On 2 Ratings

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Job Openings
492 Positions
Average Salary
$99,979 yearly

State Street Reviews

Employee Reviews

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Employee Reviews

Oct 2021

Flexible working from home arrangements


No career advancement


Wfh arrangements.

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Feb 2019

Typically worked with competent employees


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


401k match at 6%

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Salary and Benefits
Work Environment
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The Culture At State Street

Information provided by the company

The Team At State Street

Key People

Ronald P. O'Hanley

State Street Rankings

State Street is ranked #72 on the Best Finance Companies to Work For in America 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

Salary Score
The national average salary for a State Street employee in the United States is $99,979 per year. Employees in the top 10 percent can make over $152,000 per year, while employees at the bottom 10 percent earn less than $65,000 per year.
Average State Street Salary
$48.07 hourly
Updated March 16, 2023
Average Employee Earnings

Highest Paying Jobs At State Street

State Street Diversity

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 Gender Distribution


Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for State Street. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • State Street has 39,439 employees.

  • 39% of State Street employees are women, while 61% are men.

  • The most common ethnicity at State Street is White (60%).

  • 17% of State Street employees are Asian.

  • 12% of State Street employees are Hispanic or Latino.

  • The average employee at State Street makes $99,979 per year.

  • State Street employees are most likely to be members of the democratic party.

  • On average, employees at State Street stay with the company for 5.7 years.

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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 $47,550 to the Republican Party.

State Street


Democratic Party

55.7 %

Republican Party

44.1 %

Libertarian Party

0.3 %
Employee Political Donations
NameJob TitlePartyDonation
George HoguetPortfolio ManagerRepublican Party$47,550
Joseph HooleyExecutiveRepublican Party$34,000
Richard DonahueInvestorRepublican Party$22,700
Samuel ColeFinance ProfessionalRepublican Party$20,000
Francis KoudelkaFinance Service SpecialistRepublican Party$15,828
Brian ReganFinance Compliance OfficerDemocratic Party$12,050
Jeffrey CarpAttorneyRepublican Party$11,500
Clifford LewisExecutive Vice PresidentRepublican Party$11,000
Ronald HanleyExecutiveDemocratic Party$10,400
Phillip GillespieSenior Vice PresidentDemocratic Party$8,800
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State Street Employment Videos

State Street Financial Performance

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

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Highest Paying State Street Competitors

Some of the competitors of State Street are Goldman Sachs, Morgan Stanley, and MSCI. The wages at Goldman Sachs average higher than the other similar companies, where the median salary is $108,830 per year. Employees at Morgan Stanley earn an average of $103,933 per year, and the employees at MSCI earn an average salary of $100,567 per year.

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 $11.7B 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 "We cultivate a global force of leaders that reflects the diverse markets we serve."

What type of company is State Street?

State Street is a public company.

Who are State Street's competitors?

State Street competitors include BNY Mellon, Goldman Sachs, Morgan Stanley, Northern Trust, MSCI, BlackRock, Franklin Templeton, Charles Schwab, The PNC Financial Services Group, Citi, Prudential Financial, Voya Financial, JPMorgan Chase & Co..

Who works at State Street?

Ronald P. O'Hanley (CEO)

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State Street FAQs

Does State Street Drug Test?

No, State Street does not drug test. State Street does not drug test before hire, nor does it drug test employees with any sort of frequency or consistency during employment. However, if the company suspects or has reason to believe an employee is under the influence while working, it may ask that employee to take a drug test.

Does State Street Hire Felons?

Yes, State Street does hire felons on a case-by-case basis. Certain felony convictions are more likely to disqualify a candidate from being hired by State Street, particularly any finance-related felonies.

How Do You Answer, "Why Are You Interested In Working For State Street"?

You should answer the question, "Why are you interested in working for State Street?" by focusing on your desire to assist companies and individuals with financial planning and investing, as well as your interest in working for a global leader in financial services.

How Do You Write A Cover Letter For A Job At State Street?

You should write a cover letter for a job at State Street by highlighting your passion for financial investment services, as well as your experience with fund accounting and financial asset management. Any other finance-related experience or knowledge you have should be mentioned as well.

How Old Do You Have To Be To Work At State Street?

You have to be at least 18 years old to work at State Street. Most employees at State Street are at least 21 years old, since the vast majority of jobs at the company require a person to either have a college degree, or to be actively working towards one.

What Benefits Does State Street Offer?

The benefits offered by State Street are diverse and comprehensive, including competitive pay and health and wellness benefits. The benefits offered by State Street may vary, depending on the length of time a person has been employed, as well as between full- and part-time employees.

What Is The Dress Code At State Street?

The dress code at State Street is business casual. Some examples of the clothing items that are allowed by the dress code at State Street include:

  • Collared shirts (button-up or polo)

  • Suit jackets

  • Ties (though not required)

  • Blouses

  • Slacks

  • Khakis

  • Long skirts, or pencil skirts (must extend past the knee)

  • Dress pants

  • Close-toed shoes

What Is The Hiring Process For State Street?

The hiring process for State Street is fairly straightforward, involving several rounds of interviews for all positions. The number of interviews tends to vary on a case-by-case basis, with some candidates having as many as five interviews during the process. The entire hiring process usually takes between two and six weeks.

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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. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by State Street. 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, State Street Corporation and State Street Global Markets (Japan).