63 Employee Reviews (View Most Recent)

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1 person found this helpful  

Excellent career experience

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - IT Compliance  in  Washington, DC
Former Employee - IT Compliance in Washington, DC

I worked at Federal Reserve Board

Pros

Professional environment. Good training opportunities, benefits, and time off. Prestigious organization; very good on your resume. Work opportunities (based on your position) may allow travel to the 12 district Reserve Banks throughout the country.

Cons

Not many cons; overall very satisfied. Job satisfaction varies from department to department, as does the quality of the IT systems; but this can be the case in many orgs. Culture is long standing, so changes are slow going or impossible. If you like it, you like it; if you don't, don't expect things to change.

Advice to ManagementAdvice

I don't have any specific advice to management. Prospective employees need to keep in mind that this is a government agency, so the culture is deeply ingrained.

Recommends
Approves of CEO

Other Reviews for Federal Reserve Board

  1.  

    Work is pleasant and the people in my unit are extremely helpful and accessible; an effective team.

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

    I have been working at Federal Reserve Board

    Pros

    The job offers excellent benefits, a flexible work schedule, and optional telecommuting options. Job security is also extremely high with this arm of government.

    Cons

    As with any government agency, there are times when things and projects get slowed down by red tape and bureaucracy.

    Advice to ManagementAdvice

    Management should guide some of the younger managers so that they are more effective at their jobs. It seems that the managers that seem to have highly effective units and projects are the older managers who don't seem to be intimidated or worried that they might lose their jobs.

    Recommends
    Approves of CEO
  2.  

    I found it a rewarding and educational experience.

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

    I worked at Federal Reserve Board

    Pros

    The job benefits and lifestyle is much better than similar opportunities in the private sector. Educational subsidies and a generous thrift plan.

    Cons

    The pay is not as strong as offers in the private sector. It's a tradeoff between lifestyle and pay.

    Advice to ManagementAdvice

    Keep doing what you guys are doing. There are some great people and hard workers that make the Fed a great place to work.

    Recommends
    Approves of CEO
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