Years of Experience
Workers who have been with the company for more than one year but less than five can make approximately $73K per year on average. Broken down by tenure, the largest share of U.S. Federal Reserve employees (44 percent) have five to nine years of experience and earn $90K annually on average.
Auditors represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at about $90K per year — though Financial Analysts also do fairly well at around $83K annually.
By state, U.S. Federal Reserve pays its District of Columbia employees the most; the pay rate there is $89K per year.
Certifications and Degrees
Being a Certified Fraud Examiner certainly has its perks — salaries approach $90K annually and far exceed the paychecks of those without certification. Earning a Project Management Professional certification garners significant financial rewards of $74K per year on average. Regarding salaries and education, U.S. Federal Reserve pays those with a Master of Business Administration (MBA), Business Administration the most — about $85K.
When it comes to skills, employees who report Microsoft Word among their abilities seem to make the most, reporting a median income of $94K annually. Folks here also tend to know Financial Analysis; on the survey, about one-half of workers named it in their skills portfolios. Data Analysis, Microsoft Excel, and Auditing round out the set of key employee skills.
Benefits and Perks
Those seeking to set aside retirement funds can rely on several savings options such as a 401(k) plan and a company pension plan. Most employees have health insurance, and benefits for most workers also include dental insurance. Perks also include tuition reimbursement, flexible hours, life insurance, and a casual working environment.