State Street Corporation Development Manager Salaries by 4 Employees

11 - 16 years exp.

₹28 Lakhs - ₹40 Lakhs

Low Confidence

Salary of majority employees

140% more than the average Development Manager Salary in Financial Services Companies for 11 - 16 years of experience

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Salaries in different departments

Engineering - Software & QA Development Manager Salary 14 - 16 years exp. (3 salaries)	₹28 L/yr - ₹40 L/yr
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IT & Information Security Development Manager Salary 11 years exp. (AmbitionBox Estimate)	₹29.7 L/yr - ₹36.3 L/yr

Last Updated: 30 Jun 2023

Companies similar to State Street Corporation for Development Manager

Company name	Avg Annual Salary	Open Jobs
BNY Development Manager Salary 11 - 19 years exp. (20 salaries)	₹15 L/yr - ₹41 L/yr 16% less
Morgan Stanley Development Manager Salary 6 - 8 years exp. (5 salaries)	₹22 L/yr - ₹26 L/yr 21% less
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Wells Fargo Development Manager Salary 11 - 16 years exp. (3 salaries)	₹27 L/yr - ₹34.5 L/yr 6% less
SBI Life Insurance Company Development Manager Salary 0 - 12 years exp. (345 salaries)	₹1.8 L/yr - ₹4.8 L/yr 90% less	2 job openings
Edelweiss Life Insurance Development Manager Salary 0 - 13 years exp. (208 salaries)	₹2.2 L/yr - ₹5.3 L/yr 90% less	5 job openings

Development Manager salary at State Street Corporation ranges between ₹28 Lakhs to ₹40 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of State Street Corporation.

Experience wise State Street Corporation Development Manager salaries

Last Updated: 30 Jun 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹33 L/yr
12 years (AmbitionBox Estimate)	₹27.9 L/yr - ₹35.6 L/yr
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13 years (AmbitionBox Estimate)	₹28.4 L/yr - ₹36.3 L/yr
14 years (AmbitionBox Estimate)	₹28 L/yr - ₹58.1 L/yr
15+ years (AmbitionBox Estimate)	₹28 L/yr - ₹40 L/yr

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Salary related reviews for State Street Corporation

Assistant Vice President in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

2.0

• posted on 21 Feb 2025

3.0

for Salary and Benefits

Likes

It's a big brand and employee benefits are good like transportation, insurance etc.

Job security - Good

Dislikes

...s, bias, favouritism, retaliation now rules across verticals specially in India. If you raise something you will be targetted and your ratings, bonus, increment everything will be spoiled and you will be sidelined from everything until you quit.

Skill development - Poor

+2 more

Senior Consultant in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

5.0

• posted on 12 Oct 2023

3.0

for Salary and Benefits

Likes

Overall good work place.

Job security - Excellent

+3 more

Dislikes

...my skill set. Highly disappointed. Overall happy for working at State Street, Got salary from State Street, but worked for CRD(sister company) State Street is a definitely a good work place. I will try to join again if I will get an opportunity.

Project Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 31 Jan 2022

2.0

for Salary and Benefits

Likes

Pros: Good Culture, Flexible Work Culture. Cons: Hike is not good, no scope for discussion on salary hike, not much focus on learning or certification. Some MD’s are good for nothing.

Job security - Good

Dislikes

Hike is not at all good

Salary - Poor

+1 more

Associate2 in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing to like in State Street Corporation

Dislikes

Worst management No salary hike for 2 years Lots and lots of politics in Senior Management Lot of work pressure Worst cafeteria No maintenance on wash room Only 25k raised for 2 years experienced candidate and that is first appraisal Cab employees will always leave the office on time, but own transport people need to do OT and complete the pending task and no OT pay will be provided Most of the managers are just came and go not take any part in team always partiality for favourite employee

Salary - Bad

+6 more

Associate2 in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Feb 2025

1.0

for Salary and Benefits

Likes

I like the work culture and the job security which state street gives. I believe it is a good place to upskill yourself

Skill development - Good

+3 more

Dislikes

Being a fresher I got into the organization with low package. I have got recognization from manager and clients too but Inspite of giving my 100% and getting recognization they have not increased my salary

Salary - Bad

+1 more

see more salary related reviews

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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State Street Corporation Development Manager Salary FAQs

What is the salary of Development Manager at State Street Corporation ?

The average salary of a Development Manager at State Street Corporation in India typically ranges from ₹28.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Development Manager at State Street Corporation earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Development Manager Salaries at State Street Corporation can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 State Street Corporation employees in India.

What is the estimated take home salary of a Development Manager at State Street Corporation in India?

The estimated take-home salary of a Development Manager at State Street Corporation in India typically ranges from ₹1,95,351 to ₹2,03,047 per month. This is based on the average salary range of ₹28.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 11 years to 16 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of State Street Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Development Manager in companies similar to State Street Corporation in India?

The salary of a Development Manager at companies similar to State Street Corporation in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wells Fargo	₹27.0 Lakhs to ₹34.5 Lakhs per year
BNY	₹15.0 Lakhs to ₹41.0 Lakhs per year
Morgan Stanley	₹22.0 Lakhs to ₹26.0 Lakhs per year
SBI Life Insurance Company	₹1.8 Lakhs to ₹4.8 Lakhs per year
Edelweiss Life Insurance	₹2.2 Lakhs to ₹5.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Development Manager at State Street Corporation in India?

The salary growth for a Development Manager at State Street Corporation depends on factors such as experience, performance, and promotions. On average, a Development Manager can expect the following growth trajectory at State Street Corporation:

Experience	Average Salary Range
11 years	₹12.1 Lakhs to ₹33.0 Lakhs per year
12 years	₹27.9 Lakhs to ₹35.6 Lakhs per year
13 years	₹28.4 Lakhs to ₹36.3 Lakhs per year
14 years	₹28.0 Lakhs to ₹58.1 Lakhs per year

and so on.

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State Street Corporation Development Manager Salaries

State Street Corporation Development Manager salary in India ranges between ₹28 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 State Street Corporation latest salaries received from various employees of State Street Corporation.