Years of Experience
Those with one to four years of experience at the company can expect to make about $73K per year on average. The largest slice of the U.S. Federal Reserve workforce (47 percent) has been working for five to nine years and earns, on average, $92K annually.
Auditors are awarded the highest paychecks, with average compensation nearing approximately $90K per year; Financial Analysts are next on the list, bringing in close to $82K annually.
By state, District of Columbia offers the highest pay at around $88K 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. Acquiring certification to be a Project Management Professional is rewarded with median pay of around $74K per year. The best paid folks at U.S. Federal Reserve have a Master of Business Administration (MBA), Business Administration, earning $85K annually.
Employees who count Internal Audit among their skills enjoy higher pay; the median for this group is about $100K per year. It's pretty common to find people here who know Financial Analysis; around two in five consider it a key competency. Data Analysis, Microsoft Excel, and Auditing are also desirable skills.
Benefits and Perks
Only 29 percent enjoy paid vacation days and paid sick time — a rather disappointing finding. Workers wishing to put aside retirement money are in luck; U.S. Federal Reserve sponsors various plans such as a 401(k) plan and a company pension plan. The vast majority of respondents can count on health insurance, and the vast majority of workers have dental coverage as a benefit. Advantages of working here also include tuition reimbursement, flexible hours, and life insurance.