Application Analyst Salary at Federal Reserve System BETA
How much does a Federal Reserve System Application Analyst make?
As of March 2025, the average annual salary for an Application Analyst at Federal Reserve System is $107,704, which translates to approximately $52 per hour. Salaries for Application Analyst at Federal Reserve System typically range from $96,645 to $119,400, reflecting the diverse roles within the company.
It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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What Skills Does a person Need at Federal Reserve System?
At Federal Reserve System, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
- Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
- Troubleshooting: Troubleshooting is a form of problem solving, often applied to repair failed products or processes on a machine or a system. It is a logical, systematic search for the source of a problem in order to solve it, and make the product or process operational again. Troubleshooting is needed to identify the symptoms. Determining the most likely cause is a process of elimination—eliminating potential causes of a problem. Finally, troubleshooting requires confirmation that the solution restores the product or process to its working state. In general, troubleshooting is the identification or diagnosis of "trouble" in the management flow of a system caused by a failure of some kind. The problem is initially described as symptoms of malfunction, and troubleshooting is the process of determining and remedying the causes of these symptoms. A system can be described in terms of its expected, desired or intended behavior (usually, for artificial systems, its purpose). Events or inputs to the system are expected to generate specific results or outputs. (For example, selecting the "print" option from various computer applications is intended to result in a hardcopy emerging from some specific device). Any unexpected or undesirable behavior is a symptom. Troubleshooting is the process of isolating the specific cause or causes of the symptom. Frequently the symptom is a failure of the product or process to produce any results. (Nothing was printed, for example). Corrective action can then be taken to prevent further failures of a similar kind.
- Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
- Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
- Computer science: Computer science is the study of computation, automation, and information. Computer science spans theoretical disciplines (such as algorithms, theory of computation, information theory, and automation) to practical disciplines.
Related Jobs
Check more jobs information at Federal Reserve System
| Job Title | Average Federal Reserve System Salary | Hourly Rate | |
|---|---|---|---|
| 2 | 3 Technical Support Analyst | $127,449 | $61 |
| 3 | Account Manager | $97,122 | $47 |
| 4 | Accountant | $108,246 | $52 |
| 5 | Adjunct Instructor | $36,848 | $18 |
| 6 | Admin. Assistant | $77,057 | $37 |
| 7 | Administrative Analyst | $64,086 | $31 |
| 8 | Administrative Specialist II | $64,086 | $31 |
| 9 | Advisor | $64,964 | $31 |
| 10 | AP & AR Analyst | $74,922 | $36 |
| 11 | Art Director | $174,353 | $84 |
| 12 | Assistant Chief of Police | $144,685 | $70 |
| 13 | Audit Specialist | $141,848 | $68 |
Hourly Pay at Federal Reserve System
FAQ about Salary and Jobs at Federal Reserve System
The average hourly pay is $52. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
According to the data, the highest approximate salary is about $119,400 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
According to the data, the lowest estimated salary is about $96,645 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.