STATE STREET 2020 Professional Development Program Salary in the United States

How much does an 2020 Professional Development Program make at companies like STATE STREET in the United States? The average salary for 2020 Professional Development Program at companies like STATE STREET in the United States is $98,423 as of March 26, 2024, but the range typically falls between $84,966 and $111,879. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities2

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What does an 2020 Professional Development Program do at companies like STATE STREET?

Job Description

Professional Development Program

State Street Corporation’s Professional Development Program (PDP) is a leadership rotational program designed to develop entry level employees within State Street. The program has several focus areas, sponsored by key business lines and functional teams around the globe. Each focus area and rotation is designed to provide key learning and growth opportunities within participating business lines or functional teams, along with a deeper understanding of State Street’s global business.

The program extends over 24 months and incorporates specific training, professional development, and rotational assignments across a variety of functions. Rotations are designed to provide hands-on experience in different roles and business activities to help program participants develop a comprehensive understanding of each business area and the overall industry.   Participants are placed in our most meaningful and critical roles across the bank.

Successful program participants will be placed into permanent roles within State Street upon program completion where the collective knowledge, skills and experience gained through the program can be applied.

Program Highlights:

  • An intensive firm-wide orientation and training at our corporate headquarters in Boston, which includes development of State Street business and financial acumen, soft-skills trainings and case studies
  • Multiple cross-functional and cross-business rotational job assignments designed to accelerate the development of critical industry knowledge, skills, and experience
  • Access to training courses on financial markets and essential business skills

Are you a good fit for the PDP?

State Street considers all majors/programs when hiring for the PDP.

Qualifications include:

  • Graduating in the fall/winter of 2019 or spring/summer of 2020
  • Strong interest in financial services; ability to work in a fast-paced, ever changing environment
  • Demonstrated experience with or interest in data and analytics preferred
  • Change management and innovative mindset, demonstrated problem solving ability
  • Enthusiasm for learning and commitment to career development
  • Versatility, adaptability and comfort with ambiguity
  • Ability to work independently while also adopting a collaborative approach to achieving results
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$84,966 Low Average $98,423 High $111,879

Understand the total compensation opportunity for 2020 Professional Development Program at companies like STATE STREET, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$84,966
$111,879
$98,423
The chart shows total cash compensation for the STATE STREET 2020 Professional Development Program in the United States, which includes base, and annual incentives can vary anywhere from $84,966 to $111,879 with an average total cash compensation of $98,423. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
Job Openings for STATE STREET 2020 Professional Development Program
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