FDIC Reviews
Updated Feb 9, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 42 ratings Employees are "Satisfied" |
CEO Rating
Based on 17 ratings
Chairman |
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Pros
variety of work, great benefits, management that listens, people that care, opportunities to work on projects or learn new functions
Cons
Term employement contracts, difficult to become permanent
Pros
A lot of training, if you want it.
Cons
Hugh amount of people politics
Advice to Senior Management
Watch the politics and how some abuse it
Pros
I help maintain confidence in the United States Banking system through my work in closing banks that are failing and reallocating the assets to healthier banks.
Cons
While an excellent agency to work for by government standards there is still the bureacracy, interia and lower pay that typically come with government service.
Pros
You work 40 hours, and you are done for the week, but still get paid really well. Family/Work Balance is truly committed to. I have left work numerous times to go and take care of a sick child, and not a complaint once from my boss.
Cons
Travel away from home a fair amount. A lot of work that feels meaningless, but yet helps with the overall process.
Advice to Senior Management
Keep doing what you are doing, and you will continue to get great people to stick with you. You are all very helpful.
Pros
Professional
Good worklife balance
Benefits
Great work Atmosphere
Can lead to great career opportunities if you are lucky in seeking them out
Cons
Not always clear on how to advance
slow
some professionals are afraid to share their knowledge with you
term employment
Advice to Senior Management
Structure the internship program better so that students are actually getting hands on experience in the areas they are interning. The only structured internships seem to be in Finance.
Pros
First and foremost is the absolute willingness of the corporation to work with the employees' personal needs (family, etc). The benefits are incredible. This is a great place for people who just want to get their 8 to 5, get paid decently, and go home on time.
Cons
There is very little room for innovation. This is a working machine where you just get in and do your part. Though it didn't work as much for me and my personality, it is still perfect for many people.
Advice to Senior Management
I really don't have much. They do a great job
Pros
The mission and values of FDIC are terrific.
Cons
Limited opportunities if you do not have a military background, due to "veterans preference" laws. This applies to all government jobs, but is particularly disheartening at FDIC because so many talented people with great banking and lending backgrounds are turned away or do not receive promotions while less experienced military veterans get jobs.
Advice to Senior Management
Make sure that the veterans that you hire and promote have the requisite skills and work ethic!
Pros
If you like traveling, and working with a variety of people from all over the country.
Cons
Politics play a heavy role in the office environment.
Advice to Senior Management
Executive management should try to evaluate and examine staff level activity and growth.
Pros
Great place to learn the ins and outs of banking
Good exposure to financial statements and different types of investments
Interact with upper level management on a constant basis
Great benefits package
Structured career path
Cons
Constantly on the move, moving from bank to bank every few weeks, high level of overnight travel
Stressful work environment because giving bankers negative feedback while also getting negative feedback from own supervisors
Work/life balance is not good because you don't know where you will be working the next month
Limited opportunities for advancement within the local area
Advice to Senior Management
Offer better work/life balance with more advanced notice of upcoming assignments and flexible work schedule options
Pros
Great benefits and a second to none work-life balance.
Cons
Extensive Travel and less than average training program.
Advice to Senior Management
Use more common sense.



