Fhlb Boston

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12 Employee Reviews (View Most Recent)

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Deskilled, demotivated, overworked and underappreciated

Anonymous Employee (Current Employee) Boston, MA

ProsSome good people to work with.

ConsAs you can judge from the comments of other reviewers, the FHLB Boston is one of the most boring and depressing (the environment, the culture, and upper management), deskilling and demotivating (if you are coming from a place where you are used to being intellectually challenged and learning more things and acquiring more skills as you go, beware this is definitely not for you. You would be robotized, demotivated, and depressed by the time you leave this place) and corrupt (almost most senior management, the CEO and Board members have known each other for over 20 years and hook each other and their friends’ kids on a regular basis. I know an individual who was on the chopping board but was saved due to his relationship with the FORMER CEO and some similar examples). I don’t want to be redundant but I want to emphasize again that it is one of the most depressing places I have ever worked. More three fourth of the 250 employees here genuinely hate it for all the reasons I mentioned and maybe more.

No, I would not recommend this company to a friend

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

     

    High job security, good/work-life balance, slow advancement

    Manager (Current Employee) Boston, MA

    I have been working at Fhlb Boston full-time for more than 8 years


    Pros: Benefits include a pension and good health plan Cons: Slow advancement, northeast version of good ole boys network among… Advice to Senior Management: Consider the level of turnover and what quality of people… More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Worst decision I ever made

    Manager Level (Current Employee)

    I have been working at Fhlb Boston full-time for more than a year


    Pros: Some people are nice, but they are usually new employees… Cons: Dear God, where to begin? First off, if you're reading these reviews to help you decide on whether you should apply or accept a job… Advice to Senior Management: Hire more help and treat your employees with respect! A stupid "Thank You" email sent out… No, I would not recommend this company to a friend More
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