Salary Guide
State Street Salaries in San Francisco: Complete Compensation Analysis
Considering a career at State Street in San Francisco? Our comprehensive salary guide provides accurate compensation data across various roles, experience levels, and departments to help you negotiate with confidence and understand your market value. Interview coming up? Check out Job Bridge for real time AI assistance.
Key Salary Insights for State Street
Average Base Salary
$160,000
Across all positions in San Francisco
Salary Range
$95,000 - $250,000
From entry-level to executive positions
Industry Comparison
5% Above
Compared to industry average in San Francisco
Total Compensation
+22%
Average bonus, stock options, and benefits
Location Factor: San Francisco
Working at State Street in San Francisco comes with specific geographical considerations:
- Cost of living index: 170 (U.S. average = 100)
- Average housing cost: $3,500/month for 1-bedroom apartment
- State income tax rate: 9.3%
- Regional salary adjustment factor: 15% higher than national average
- Remote work opportunities: Hybrid
Salary Negotiation Tips for State Street
Based on our research and feedback from successful candidates, here are effective negotiation strategies specific to State Street:
- Highlight specific financial modeling experience that commands premium compensation
- Research indicates State Street typically has 7% flexibility on initial offers
- Negotiating for sign-on bonus may be more successful than base salary increases
- Emphasize portfolio growth that aligns with company values
- Consider negotiating during peak hiring season which has proven effective
Recent Compensation Trends at State Street
Our analysis shows the following significant trends in State Street's compensation strategy over the past year:
- 8% increase in starting salaries for Data Scientist positions
- New emphasis on flexible work arrangements as part of compensation packages
- Shift towards performance-based bonuses
- Increased investment in competitive salaries and benefits
- annual compensation reviews to remain competitive in San Francisco
Employee Testimonials
"After 5 years at State Street in San Francisco, I've seen my compensation grow by approximately 12% annually. The company values problem-solving and rewards it consistently through merit-based promotions."
- Anonymous, Investment Analyst
"The total compensation at State Street is competitive, but what really stands out is generous PTO. This has added significant value to my overall package, worth approximately $Unlimited annually."
- Anonymous, Software Engineer
Salary Comparison with Competitors
| Company | Avg. Base Salary | Bonus | Equity | Total |
|---|---|---|---|---|
| State Street | $160,000 | 15% | 5% | $184,000 |
| Charles Schwab | $155,000 | 12% | 4% | $176,600 |
| Fidelity Investments | $150,000 | 10% | 3% | $169,500 |
| Vanguard | $145,000 | 8% | 2% | $161,100 |
Educational Impact on Salary
Your educational background can significantly influence your earning potential at State Street. Here's how education typically impacts salaries:
Advanced Degree (Ph.D., MBA)
+15% premium
Most valued in: Investment Management, Technology, Legal
Master's Degree
+8% premium
Most valued in: Finance, Risk Management
Bachelor's Degree
Base level
Standard requirement for most positions
Industry Certifications
+3% per certification
Most valued: CFA, CAIA, FRM
Promotion and Raise Cycles
Understanding State Street's promotion and raise cycles can help you time your career moves strategically:
- Annual performance reviews typically conducted in December
- Average annual salary increase: 4% for meeting expectations, 7% for exceeding
- Promotion eligibility typically requires 2 years in current role
- Average salary bump with promotion: 8-15%
- Bonus determinations made in November, paid in January
- Off-cycle raises most common in exceptional performance, exceeding targets
Methodology & Data Sources
Our salary data has been meticulously compiled and verified through multiple sources:
- 3,800 verified salary reports from current and former employees (collected July 2023 - September 2024)
- Analysis of 700 job postings from State Street in San Francisco (collected July 2023 - September 2024)
- Interviews with 15 recruiters specializing in State Street placements
- Data from Bureau of Labor Statistics for San Francisco
- Industry compensation surveys from Glassdoor, Salary.com, and Payscale
- Proprietary JobBridge salary database with 38,000 data points
This data is accurate as of October 2024 and represents a comprehensive view of State Street's compensation structure in San Francisco.
Frequently Asked Questions
About This Salary Data
Our State Street salary data has been meticulously compiled from multiple reliable sources, including:
- 3,800 verified salary reports from current and former employees
- Data from job postings across major job boards
- Information from professional recruiters specializing in State Street placements
- Industry salary surveys and governmental labor statistics
- Anonymous compensation details shared through our proprietary network
This data was last updated on October 25, 2024, making it one of the most current and accurate salary resources available for State Street in San Francisco.
Salary by Department
| Department | Entry Level | Mid Level | Senior Level |
|---|---|---|---|
| Investment Management | $110,000 | $160,000 | $210,000 |
| Technology | $105,000 | $155,000 | $205,000 |
| Finance | $100,000 | $150,000 | $200,000 |
| Risk Management | $108,000 | $158,000 | $208,000 |
| Legal | $115,000 | $165,000 | $215,000 |
| Human Resources | $90,000 | $130,000 | $170,000 |
Top-Paying Roles at State Street
Based on our research, these are the highest-paying positions at State Street in San Francisco:
1. Managing Director
$250,000
Typical requirements: 15+ years experience, leadership in portfolio management
2. Senior Vice President
$220,000
Typical requirements: 12+ years experience, significant client management
3. Director, Technology
$200,000
Typical requirements: 10+ years experience, leading technology initiatives
4. Head of Risk
$190,000
Typical requirements: 8+ years experience, expertise in risk management
5. Senior Legal Counsel
$180,000
Typical requirements: 7+ years experience, legal expertise in financial services
How State Street Salaries Compare to Market
Total Compensation Analysis
At State Street, base salary is just one component of the total compensation package. Here's what you can expect in terms of additional benefits and compensation:
Bonuses
10-20%
Annual performance bonus (% of base salary)
Equity
2-10%
Stock options/RSUs (% of annual compensation)
401(k) Match
Up to 5%
Employer match for retirement contributions
Healthcare Value
$15,000/year
Estimated value of medical, dental, vision coverage
Additional benefits at State Street include:
Salary by Experience Level
Years of experience significantly impact your earning potential at State Street. Here's how salaries typically progress based on experience:
Salary Progression by Years of Experience
Compensation Research Team
JobBridge Salary Experts
Last updated: October 26, 2024 • Data accuracy verified by our research team