Federal Reserve Board

  www.federalreserve.gov
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Federal Reserve Board Reviews

Updated Jun 15, 2014
All Employees Current Employees Only

4.1 61 reviews

100% Approve of the CEO

(no image)

Janet L. Yellen

(9 ratings)

84% of employees recommend this company to a friend

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
35 Employee Reviews Back to all reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Politics

    Administration (Current Employee)

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

    ConsToo 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 Senior ManagementPoint out the slackers and make them work or let them go!!

    No, I would not recommend this company to a friend

    • Culture & Values
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    Not for a full career

    Technology Analyst (Current Employee) Washington, DC

    ProsThe benefits are excellent at the Fed.

    ConsThere is an abundance of red tape.

    Advice to Senior Managementstop signing autographs, swallow your pride and know you're not always right.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
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    • Approves of CEO

     

    Great place to work.

    Anonymous Employee (Current Employee) Washington, DC

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

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

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Your Results May vary

    Research Assistant (Current Employee) Washington, DC

    ProsWorking 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.

    ConsPay 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 Senior ManagementThere 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.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great experience -- one of best in government

    Anonymous Employee (Current Employee)

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

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

    Advice to Senior ManagementBetter insight into career advancement/more training

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Good working environment

    Auditor (Current Employee) Washington, DC

    ProsGood work/life balance
    Paid time off
    Education Assistance

    ConsOpportunities for Advancement
    Bureaucratic
    Management competence is lacking

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    • Approves of CEO

     

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

    Supervisory Financial Analyst (Current Employee) Washington, DC

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

    ConsNot your traditional government agency (i.e., most people work hard at the Fed -- which is a good thing)

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
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    • Career Opportunities
    • Approves of CEO

     

    Great company to work for, but not for everyone. Those looking for a social environment beware.

    Anonymous Employee (Current Employee) Washington, DC

    Pros-doing good work
    -intelligent people to work with
    -good, central location in DC
    -opportunities to move up or to get subsidized higher education

    Cons-very academic environment (could be a pro)
    -not very social, limited team bonding
    -age segregation
    -higher level staff can sometimes be unaccessible to lower level staff

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good place to work!

    Customer Service (Current Employee) Kansas City, MO

    ProsGreat benefits - 401k, health insurance, pension, fitness facility & cafeteria. Pay is pretty competitive - maybe a little on the lower side starting off. Working from home is available to more employees when weather conditions are poor.

    ConsMany supervisors are very young so you are their learning field.

    Advice to Senior ManagementManagement has improved a lot through the years. Overall, they do a good job.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
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    • Disapproves of CEO

    1 person found this helpful  

    There are better places to work

    Risk Analyst (Current Employee) Washington, DC

    ProsFederal benefits, dental, health insurance

    ConsBackstabbing, cutthroat environment. You have been warned.

    Advice to Senior ManagementIt is of no use.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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