Federal Reserve Bank of San Francisco

  www.frbsf.org
  www.frbsf.org
There are newer employer reviews for Federal Reserve Bank of San Francisco

4 people found this helpful  

A place that's willing to invest in its employees' growth

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Information Security Consultant in San Francisco, CA
Current Employee - Information Security Consultant in San Francisco, CA

I have been working at Federal Reserve Bank of San Francisco full-time (less than an year)

Pros

Encourages attendance at industry related conferences, obtaining training to enhance skills needed for job, friendly work environment, great location for commuting.

Cons

Processes are hard to get altered with standard bureaucracy and overall it seems that the people are used to being set in the way things get done. It's hard to suggest new ideas and get the right people interested in them. New employee training is standard but could use to be tailored to each organization for clarity as to what is expected within the different orgs/teams.

Advice to ManagementAdvice

Urge people managers to really care about the progress of individuals on their teams. Progress plans are in place, but seem to be bloated with a lot of company-speak (or maybe they're just to generalized) to make it seem like progress is important.

Recommends
Positive Outlook
No opinion of CEO

60 Other Employee Reviews for Federal Reserve Bank of San Francisco (View Most Recent)

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  1.  

    Love it here!

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

    I have been working at Federal Reserve Bank of San Francisco full-time (more than an year)

    Pros

    Jobs are challenging and you get the opportunity to impact the nation! People are really great and direct management is supportive. While this is a legacy organization, they are very innovative. There is a strong focus on work life balance and continuing education/professional development.

    Cons

    Sometimes it takes a bit of time to get things implemented. Given the focus of the Fed, there are many rules and regulations, which are needed!, just be prepared that this is the environment.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 3 people found this helpful  

    YING AND YANG

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

    I have been working at Federal Reserve Bank of San Francisco full-time

    Pros

    Good 401(k) and defined benefit plan. New gym. Reasonable cafeteria. Generally nice co-workers -- when you see them. Generally informal. Flex days! Good place to get a career started. Excellent program for obtaining advanced degree - if travel is not required. Fairly stable place regardless of the economy, which in this day and age is saying something. Despite the cons (below), it is an OK place.

    Cons

    Salaries are below average when compared to other governmental agencies such as the OCC, SEC and FHB. Often, as a "fully effective employee," one gets zero increase in salary at the end of the year. Base salaries don't keep up with inflation. No COLAs. Seldom home with limited flexibility over travel schedule. Excessive travel with stingy per diem. Travel days are often 14 hours long. Assignments are back-to back for months without time home except on weekends. No work/life balance. Work on weekends. Management is not very enlightened and some are punitive. Senior management prefers "technicians" rather than staff with strong "people skills." No 180 evaluations of managers. Difficult to get promoted once you get to a mid-level grade. Massive amounts of needless paperwork. Can't carry vacation over into the next year, like some government agencies. No sabbaticals, like Schwab.

    Advice to ManagementAdvice

    There are so many little things that management could do to make life better; instead the defend the status quo. For example have hours on a travel day limited to 8 or 9, like other government agencies. Or consider working in the office to complete projects instead of doing everything on the road. Advise to management: don't emulate the worst traits of corporate culture.

    Neutral Outlook
    Approves of CEO
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