Federal Reserve Board

  www.federalreserve.gov
  www.federalreserve.gov
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Federal Reserve Board Reviews

Updated September 10, 2014
Updated September 10, 2014
65 Reviews
4.1
65 Reviews
Rating Trends

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Janet L. Yellen
10 Ratings

Review Highlights

Pros
  • Great learning opportunities; decent work/life balance; excellent compensation and benefits package (in 12 reviews)

  • Opportunity to learn in depth information about monetary policy (in 4 reviews)


Cons
  • Complete disregard for the private sector (in 6 reviews)

  • There is an abundance of red tape (in 3 reviews)

More Highlights

38 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Internship at its best

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Federal Reserve Board

    Pros

    Great HR team. They want you to grow. Very organized. You actually work as a regular employee

    Cons

    I don't have anything to say

  2.  

    Good pre-doctoral experience

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Federal Reserve Board

    Pros

    Relaxed, good colleagues, exposure to exclusive datasets

    Cons

    Maybe too much freedom for some overachievers. Also, no good schools to use academic assistance package near the vincinity

  3.  

    FRB is an exciting place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Federal Reserve Board

    Pros

    It provides a unique perspective you can't get many other places.

    Benefits are great, people are a pleasure to work with, time off is a huge pro

    Cons

    Too much consensus building on business ops side (internal operations of Board). Too many people stuck in old ways "these is how we always do things" (this culture is changing with recent strategic management hires though)

    Advice to ManagementAdvice

    Bring some younger people in! Bring some life and energy into this place!

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  5.  

    Politics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Administration
    Current Employee - Administration

    I have been working at Federal Reserve Board full-time for more than 10 years

    Pros

    Great place for benefits and holidays. Teleworking is also available.

    Cons

    Too much politics. The hard workers keep working harder and the slackers never get any work because they need it completed and they know who will get the job completed and who will not!!

    Advice to ManagementAdvice

    Point out the slackers and make them work or let them go!!

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Great place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Washington, DC
    Current Employee - Anonymous Employee in Washington, DC

    I have been working at Federal Reserve Board full-time for more than a year

    Pros

    Work / life balance can be very good. Benefits are incredible.

    Cons

    After working here for a few years, exciting developmental opportunities are running out. However, the Board does offer money for you to take classes.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Not for a full career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technology Analyst  in  Washington, DC
    Current Employee - Technology Analyst in Washington, DC

    I have been working at Federal Reserve Board full-time for more than 5 years

    Pros

    The benefits are excellent at the Fed.

    Cons

    There is an abundance of red tape.

    Advice to ManagementAdvice

    stop signing autographs, swallow your pride and know you're not always right.

  8.  

    Your Results May vary

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Research Assistant  in  Washington, DC
    Current Employee - Research Assistant in Washington, DC

    I have been working at Federal Reserve Board full-time for more than a year

    Pros

    Working with incredibly smart people on interesting and important topics. The amount of training and professional development is immense in terms of acquiring new skills (say, statistical programming) and knowledge (about the part of the economy or markets your section covers). Relatively efficient for a bureaucracy.

    Cons

    Pay is way below other options, even with in the federal reserve system. There is a severe lack of intermediate positions to be promoted into. Do your 2 or 3 years and move on unless you have a phd. Some of the technology used can be a bit out dated.

    Advice to ManagementAdvice

    There need to be more positions for intermediate for research assistants to be promoted into that is more akin to a Junior Economist rather than a Financial Analyst. It makes no sense to train students for 2 or 3 years and essentially give them the boot.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Great experience -- one of best in government

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Federal Reserve Board for more than 8 years

    Pros

    Interesting work at high level
    Decent work/life balance usually
    Collegial
    Great benefits

    Cons

    Slow promotion
    Lack of management transparency
    Sometimes long hours for needless reasons

    Advice to ManagementAdvice

    Better insight into career advancement/more training

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Good working environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Auditor  in  Washington, DC
    Current Employee - Auditor in Washington, DC

    I have been working at Federal Reserve Board full-time for more than 3 years

    Pros

    Good work/life balance
    Paid time off
    Education Assistance

    Cons

    Opportunities for Advancement
    Bureaucratic
    Management competence is lacking

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Great place to work with a lot of smart and dedicated public policy professionals in economics, law, and finance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Supervisory Financial Analyst  in  Washington, DC
    Current Employee - Supervisory Financial Analyst in Washington, DC

    I have been working at Federal Reserve Board full-time for more than 3 years

    Pros

    Great learning opportunities; decent work/life balance; excellent compensation and benefits package

    Cons

    Not your traditional government agency (i.e., most people work hard at the Fed -- which is a good thing)

    Recommends
    Positive Outlook
    Approves of CEO

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