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Working at Federal Reserve Bank of Boston

Zippia Score 4.2

Overview

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Federal Reserve Bank of Boston overview

Industry
Financial Services
Revenue
$3.9M
Headquarters
Employees
1,141
Founded In
1914
Website
Organization Type
Private
Social Media
As part of the Central bank of the United States, the Boston Fed works to promote sound growth and financial stability in New England and the nation. They contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts.
The staff at Federal Reserve Bank of Boston come from unusually diverse demographic backgrounds. The company is 48.7% female and 37.0% ethnic minorities. Despite its diversity in other areas, Federal Reserve Bank of Boston employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 90.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Federal Reserve Bank of Boston has great employee retention with staff members usually staying with the company for 5.2 years.The average employee at Federal Reserve Bank of Boston makes $71,017 per year. Pay at Federal Reserve Bank of Boston is significantly lower than some of its highest paying competitors, like CME Group, Morgan Stanley, and Federal Reserve Bank of New York, which pay $110,123, $103,933, and $92,408, respectively.
Based in Boston, MA, Federal Reserve Bank of Boston is a key player in the finance industry with 1,141 employees and an annual revenue of $3.9M.

Federal Reserve Bank of Boston's Mission Statement

To create an open and inclusive environment for fostering ideas, innovation, and employee engagement.

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Average salary at Federal Reserve Bank of Boston
$71,017 yearly
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The team at Federal Reserve Bank of Boston

  • The key people at Federal Reserve Bank of Boston is Susan M. Collins Took Office.
Key People
Susan M. Collins Took Office

Federal Reserve Bank of Boston Rankings

Federal Reserve Bank of Boston is ranked #79 on the Best Finance Companies to Work For in Massachusetts list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Federal Reserve Bank of Boston salaries

The average a Federal Reserve Bank of Boston salary in the United States is $71,017 per year. Federal Reserve Bank of Boston employees in the top 10 percent can make over $150,000 per year, while Federal Reserve Bank of Boston employees at the bottom 10 percent earn less than $33,000 per year.
Average Federal Reserve Bank of Boston Salary
$71,017
yearly
$34.14 hourly
Updated March 14, 2024

Rate Federal Reserve Bank of Boston's commitment to diversity and inclusion.

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Federal Reserve Bank of Boston diversity

9.6
Diversity Score
We calculated Federal Reserve Bank of Boston’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Federal Reserve Bank of Boston’s workforce.
Federal Reserve Bank of Boston diversity summary. Zippia estimates Federal Reserve Bank of Boston's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Federal Reserve Bank of Boston's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Federal Reserve Bank of Boston's workforce.
  • Federal Reserve Bank of Boston has 1,141 employees.
  • 49% of Federal Reserve Bank of Boston employees are women, while 51% are men.
  • The most common ethnicity at Federal Reserve Bank of Boston is White (63%).
  • 14% of Federal Reserve Bank of Boston employees are Asian.
  • 12% of Federal Reserve Bank of Boston employees are Hispanic or Latino.
  • The average employee at Federal Reserve Bank of Boston makes $71,017 per year.
  • Federal Reserve Bank of Boston employees are most likely to be members of the democratic party.
  • Employees at Federal Reserve Bank of Boston stay with the company for 5.2 years on average.

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Federal Reserve Bank of Boston Financial Performance

7.0
Performance Score

Highest paying Federal Reserve Bank of Boston competitors

Compare Federal Reserve Bank of Boston salaries to competitors, including CME Group, Morgan Stanley, and Federal Reserve Bank of New York. Employees at CME Group earn the highest average yearly salary of $110,123. The salaries at Morgan Stanley average $103,933 per year, and the salaries at Federal Reserve Bank of New York come in at $92,408 per year.

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Updated March 14, 2024

Zippia gives an in-depth look into the details of Federal Reserve Bank of Boston, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Federal Reserve Bank of Boston. The employee data is based on information from people who have self-reported their past or current employments at Federal Reserve Bank of Boston. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Federal Reserve Bank of Boston. The data presented on this page does not represent the view of Federal Reserve Bank of Boston and its employees or that of Zippia.

Federal Reserve Bank of Boston may also be known as or be related to Federal Reserve Bank Of Boston, Federal Reserve Bank of Boston, Federal Reserve Bank of Boston Inc and Federal Reserve Bank of Boston Inc.