Years of Experience
Workers who have been with the company for more than one year but less than five can make approximately $67K annually on average. When we consider tenure, a substantial portion of employees (33 percent) have been working for five to nine years and make $102K per year on average.
Auditors represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at around $100K annually — though Information Technology Support Specialists and Financial Analysts also do fairly well at $98K and $80K, respectively.
U.S. Federal Reserve workers in District of Columbia earn the most — about $91K per year on average.
Certifications and Degrees
Employees who have a Master of Arts (MA) make the most here, hauling in $107K annually.
The highest-paying skill to have may be Auditing; employees who claim proficiency also report a higher average salary of around $100K per year. A skill that is commonly seen around here is Data Analysis; more than a third deem it necessary for work. Key skills also include Financial Analysis, Microsoft Excel, and Linux.
Benefits and Perks
Workers can easily stock up on retirement savings by participating in several options such as a 401(k) plan and a company pension plan. The vast majority of survey participants have health insurance, and benefits for most survey participants also include dental insurance. Some other advantages of working at U.S. Federal Reserve are tuition reimbursement, flexible hours, a subsidized cell phone, and life insurance.