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State Street Corporation

2.8
 
  • Overview
  • Benefits
  • Reviews (19)
  • Parental Leave
  • More
    Benefits
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      Employer Benefits
      Lower
      Median/ Consensus
      Upper
      Corrections, Tips & Comments
      Vacation Allowance(Weeks)
      Median/Consensus:  ?
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        Paid Maternity Leave (weeks)
        8
        Median/Consensus:  8
        8
        • The company now offers four to eight weeks of fully paid leave “for both moms and dads” who have worked for the company at least one year. Birthing mothers can get six to eight weeks of short-term disability in addition, depending on the type of birth.
        • Birthing mothers can get six to eight weeks of short-term disability in addition, depending on the type of birth.
        • State Street offers 14 fully paid weeks off for new moms. They also offer 8 weeks off for adoptive parents.
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        Unpaid Maternity Leave (weeks)
        0
        Median/Consensus:  2
        4
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          Paid Paternity Leave (weeks)
          Median/Consensus:  ?
          • The company now offers four to eight weeks of fully paid leave for both moms and dads who have worked for the company at least one year.
          • Company offers 8 fully paid weeks off for new dads.
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          Unpaid Paternity Leave (weeks)
          Median/Consensus:  ?
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            401k Matching
            Median/Consensus:  Available
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              Healthcare
              Median/Consensus:  Available
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                On-Site Childcare
                Median/Consensus:  Not Available
                • Company backups childcare.
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                Flex Time
                Median/Consensus:  Available
                • Company’s managers are trained to manage work/ life and flexibility concerns of employees.
                • At State Street 26% of employees telecommute.
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                Other Benefits
                • 40% of company’s managers and executives are women.
                • Company employs 42 % of women and 40 % of new hires are also women. At State Street 25 % of female employees participate in mentoring.
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                What should you expect in this industry?
                Finance: Diversified
                What benefits do employers in the Finance: Diversified industry offer?
                BenefitsMedianAverage
                Vacation Allowance(Weeks)
                3
                4
                Paid Maternity Leave (weeks)
                16
                13
                Unpaid Maternity Leave (weeks)
                2
                7
                Paid Paternity Leave (weeks)
                4
                6
                Unpaid Paternity Leave (weeks)
                12
                11
                401k Matching
                Available
                Available
                Healthcare
                Available
                Available
                On-Site Childcare
                Not Available
                Not Available
                Flex Time
                Available
                Available
                Vacation Allowance(Weeks)
                Median:  3
                Average:  4
                Paid Maternity Leave (weeks)
                Median:  16
                Average:  13
                Unpaid Maternity Leave (weeks)
                Median:  2
                Average:  7
                Paid Paternity Leave (weeks)
                Median:  4
                Average:  6
                Unpaid Paternity Leave (weeks)
                Median:  12
                Average:  11
                401k Matching
                Median:  Available
                Average:  Available
                Healthcare
                Median:  Available
                Average:  Available
                On-Site Childcare
                Median:  Not Available
                Average:  Not Available
                Flex Time
                Median:  Available
                Average:  Available
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