92 Employee Reviews (View Most Recent)

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2 people found this helpful  

Politics galore, great benefits, pay below market, watch your back.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Senior Bank Examiner  in  New York, NY
Current Employee - Senior Bank Examiner in New York, NY

I have been working at Federal Reserve Bank (NY) full-time for more than 5 years

Pros

Great benefits, telecommuting, low stress environment.

Cons

Slow promotion cycles, unless you are an officer you can be downsized at any time, management has little subject matter expertise and management is slow to enact needed changes. Just when you think you are on the way up but BOOM a reorganization occurs and you are forgotten. Look at some of management's qualifications just ba d

Advice to ManagementAdvice

Clean house and allow your best people to rise or else you will continue to waste money and lose great staff.

Doesn't Recommend
Positive Outlook
No opinion of CEO

Other Reviews for Federal Reserve Bank (NY)

  1.  

    Overall a nice 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 Bank (NY) full-time for more than 5 years

    Pros

    Depending on the department you work in, flexible work arrangements are available. The benefits are outstanding.. offer competitive tuition reimbursement and a pension plan. This is a great place to come to retire.

    Cons

    The environment is bureaucratic. Senior level employees get bogged down with administrative work which makes it challenging to be strategic.

    Advice to ManagementAdvice

    communicate better with your staff!

    Recommends
    Negative Outlook
    No opinion of CEO
  2.  

    Accounting Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Accounting Analyst  in  East Rutherford, NJ
    Current Employee - Accounting Analyst in East Rutherford, NJ

    I have been working at Federal Reserve Bank (NY) full-time for more than a year

    Pros

    Great Salary, Great Flex days, Great Benefits

    Cons

    Very Stressful Environment, Little Room for Promotion

    Recommends
    Positive Outlook
    Approves of CEO
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