Saturday, October 18, 2014

At least 113 staffers at U.S. Fed earn more than Yellen


The top 113 earners among staff at the Federal Reserve's Washington headquarters make an average of $246,506 per year, excluding bonuses and other benefits - more than Fed Chair Janet Yellen and nearly double the normal top government rate.
Yellen, whose salary is set by Congress, earns $201,700 a year.
The details on Fed pay were provided to Reuters in response to a Freedom of Information Act request for data on all employees of the U.S. central bank's board whose salaries outstrip $130,810, which is the top of the government's pay scale in most areas.
However, the central bank only provided salaries for staff who make at least $225,000 a year, with some exceptions. It is the first time the list has been made public.

http://www.reuters.com/article/2014/10/17/us-usa-fed-pay-idUSKCN0I60A420141017

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