Federal Reserve Board

www.federalreserve.gov
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Your Results May vary

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Research Assistant in Washington, DC
Current Employee - Research Assistant in Washington, DC

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

Pros

Working 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.

Cons

Pay 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 ManagementAdvice

There 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.

Recommends
Positive Outlook
Approves of CEO

76 Other Employee Reviews for Federal Reserve Board (View Most Recent)

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  1.  

    Great experience -- one of best in government

    • 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 Board (more than 8 years)

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    Better insight into career advancement/more training

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

    Good working environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Auditor in Washington, DC
    Current Employee - Auditor in Washington, DC

    I have been working at Federal Reserve Board full-time (more than 3 years)

    Pros

    Good work/life balance
    Paid time off
    Education Assistance

    Cons

    Opportunities for Advancement
    Bureaucratic
    Management competence is lacking

    Recommends
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for Federal Reserve Board

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