Federal Reserve Bank of Chicago

  www.chicagofed.org
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48 Employee Reviews (View Most Recent)

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

1 person found this helpful  

Great Benefits but very hierarchical and traditional - value loyalty and relationships over competence

Anonymous Employee (Former Employee) Chicago, IL

ProsGreat benefits, generous time off, relaxed work atmosphere, pension and 401K match, nice facilities, secure.

ConsValue not rocking the boat, tradition, cultivating relationships and managing up. Silo'd and hierarchical. Staff do the work, managers make decisions - big divide. Loyalty and itenure rewarded with advancement even if don't have necessary skills or experienice.

Advice to Senior ManagementToo insulated and out of date. Reward results and hold "nice" people accountable if don't get results.

Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Just because the benefits are good, does not mean its a good place to work

    Anonymous Employee (Current Employee) Chicago, IL

    I have been working at Federal Reserve Bank of Chicago

    Pros: Pension (But why would anyone work here for more than… Cons: Red Tape, Meetings, Meetings, Meetings, Slow Decision Making Process, Pretty uneducated and ill qualified… Advice to Senior Management: How about not wanting to meet for everything all the time. And make some decisions without having… No, I would not recommend this company to a friend More

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Great position to gain knowledge in training program

    Assistant Examiner (Former Employee) Chicago, IL

    I worked at Federal Reserve Bank of Chicago

    Pros: Great training program with numerous tests and on-site training. Great position to gain… Cons: Travel is excessive, Monday-Thursday weekly. Management is incompetent, promoted mostly based on time with the… Advice to Senior Management: More bonuses based on performance. No, I would not recommend this company to a friend More

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