Federal Reserve System is a finance company focusing on central banking, monetary policy, and financial stability. As the central banking system of the United States of America, it plays a crucial role in the country's economy and overall financial health. The organization was originally founded in 1913 and is currently run under the direction of CEO Douglas L. Kennedy.
With its headquarters in Washington, DC, Federal Reserve System employs a diverse workforce of 2,517 individuals and generates annual revenue of $43 million. The company's staff members come from various demographic backgrounds, with 41.3% female employees and 47.1% ethnic minorities. The average employee at Federal Reserve makes $91,007 per year, which is competitive within its industry. Its main competitors include CIBC World Markets, Morgan Stanley, and Federal Reserve Bank of New York, which offer salaries of $106,863, $103,933, and $92,408 respectively.
