FDIC Reviews

Updated July 1, 2015
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4.1
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Recommend to a friend
Approve of CEO
FDIC Acting Chairman Martin J. Gruenberg
Martin J. Gruenberg
52 Ratings

Pros
  • Work life balance is part of the culture (in 17 reviews)

  • Other positives include the work-life balance (40 hour work week) and great benefits (in 16 reviews)

Cons
  • If you come from the private sector your peers are not as knowledgeable and act very defensive (in 9 reviews)

  • At times, somewhat stifling decision making process (in 7 reviews)

More Pros and Cons

168 Employee Reviews

Sort: Popular Rating Date
  1. FDIC

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Resolutions and Receiverships Specialist in Dallas, TX
    Former Employee - Resolutions and Receiverships Specialist in Dallas, TX

    I worked at FDIC (More than 5 years)

    Pros

    FDIC is a great place to work. Management allows you to work independently with little supervision. Well organized and well run organization. Your allowed to Tele-Work from home which is great for work life balance.

    Cons

    There is always Cons but in this case, I can't think of any.

    Advice to Management

    Keep up the good work.


  2. Great Government Agency

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

    I have been working at FDIC

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Professional people, good salary, great benefits, travel, knowledgeble work force.

    Cons

    Aging workforce, no middle age people to carry on, older and young work force

    Advice to Management

    Sucession planning not effective. Many term people are being terminated that have added value but are being released.


  3. FIDC

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

    I have been working at FDIC (More than 3 years)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Great Benefits. Good people to work with.

    Cons

    No growth. You use your skills after a few years of working here. Technology and employees are not up to par with the Private industry.
    Not many prospects while the economy is good.


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  5. Good place to work

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

    I have been working at FDIC

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Generally, the FDIC has been a good place to work. Pay is good, hours are reasonable, and schedules can be flexible. Good access to resources (data, software, library, etc.) and a small budget for training (2,500 / year).

    Cons

    Downsides would depend on what Division or Office you work in. Each one is very unique.

    Advice to Management

    Allow employees to propose new ideas and expand research initiatives.


  6. Financial Institution Accountant

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

    I have been working at FDIC

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    40 hour work week; limited after hour responsibilities; flexible time schedule; good benefits and liberal time off policy; good salary for position held; good job to retire into.

    Cons

    very structured; extremely limited upward mobility/growth opportunity; management has very little decision making discretion or management skills (occurs when one doesn't have to manage or make key decisions); performance reviews don't represent performance, regardless of performance, a large number of emplyees receive essentially the same review and compensation increase; key staff are paid in excess of their management/performance ability; favortism is very common; very limited challeging assignments.

    Advice to Management

    Minimize favortism, conduct well thought out performance reviews; transition out (i.e., seek their resignations) those that are not performing well or at least reduce their job grade; have high performance expectations for everyone, don't hide behind the idea that is the way the government does business; know your team members - some manager's don't recall the names of their staff, should be easy with 6 or 8 staff members, kind of difficult for managers to represent their staffs in meetings when they don't recall the individual names of their team


  7. Unknown

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

    I have been working at FDIC full-time (More than 5 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Outstanding people, great organization and excellent opportunities.

    Cons

    Risk assessment focuses too much on humans and not enough on technology.

    Advice to Management

    Actively engage every employee.


  8. Human Resources Specialist

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Southlake, TX
    Former Employee - Anonymous Employee in Southlake, TX

    I worked at FDIC full-time (More than 8 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Very good salaries and benefits package.

    Cons

    Subject to frequent expansion and contraction. Most positions start out at term appointments. Permanent appointments are harder to get.


  9. R & R Specialist

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - R & R Specialist in Jacksonville, FL
    Former Employee - R & R Specialist in Jacksonville, FL

    I worked at FDIC

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Salary and Benefits are great

    Cons

    All the changes that occur daily


  10. Salary and benefits

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Accountant in Dallas, TX
    Current Employee - Senior Accountant in Dallas, TX

    I have been working at FDIC full-time (More than 5 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    FDIC Offers excellent compensation package.

    Cons

    Every thing is good about FDIC.


  11. Resolutions & Receiverships Specialist

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

    I worked at FDIC

    Pros

    The compensation was good for a government job and the bureaucracy is not as bad as other government agencies.

    Cons

    I have very little faith in the competence of senior management and the FDIC's ability to handle larger banks.



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