Federal Reserve Bank of Kansas City Reviews

Former Employee – worked at Federal Reserve Bank of Kansas City full-time for more than a year

Pros – Great work life balance with involved management.

Cons – Recent turnover has made thing somewhat difficult on experienced staff.

Advice to Senior Management – Control turnover.

Yes, I would recommend this company to a friend

Current Employee – been working at Federal Reserve Bank of Kansas City full-time

Pros – Decent salary, good benefits. Capable colleagues with wide ranging experience.

Cons – Work/life balance. Work from home is frowned upon.

Advice to Senior Management – Consider flexible work arrangements/telecommuting options for those that don't HAVE to be in the office every day.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Current Employee – been working at Federal Reserve Bank of Kansas City

Pros – Great compensation package when you look at full compensation, not just raw salary numbers. Computer systems are very advanced and well suited for getting our work done.

Cons – Not very close to downtown. Cafeteria is VERY expensive. Most days it is less expensive to walk down to McDonalds or Wendys rather than eat in the cafeteria. Centralized IT, takes forever to get anything done by IT because of all the project planning and regulatory oversight.

Yes, I would recommend this company to a friend

Current Employee – been working at Federal Reserve Bank of Kansas City

Pros – Great people to work with and in some areas exposure to interesting things.

Cons – Weird management structure - supervisors are way too young and put over areas that they have no expertise in. Lots of layers in getting something approved or reviewed - you submit a memo for review and it gets reviewed 8 times and edits are requested for minor things - not a very efficient place.

Advice to Senior Management – Hire experienced management to lead areas they are experts in.

No, I would not recommend this company to a friend

Current Employee – been working at Federal Reserve Bank of Kansas City

Pros – Good benefits
Mediocre to good pay (but not as good as other financial regulators)
Strong middle management

Cons – Work/life balance needs to catch up with the times, allowing those that have the ability to work from home to do so. Flexible work arrangements are also a necessity and provided in some roles but not others.

Advice to Senior Management – I would advise those making personnel/managerial decisions for the bank to use better judgement when assessing work/life balance. Allow those that have the ability to work from home to do so. Other government agencies do it, why shouldn't the Federal Reserve Bank? Furthermore, salaries need to be more reflective of the competitive environment. It seems that both private and public sectors pay at least marginally better than the Federal Reserve Bank of Kansas City.

Yes, I would recommend this company to a friend

Current Employee – been working at Federal Reserve Bank of Kansas City

Pros – Job security and benefits package are probably the two biggest pros. The people are also very nice and good to work with.

Cons – More top-heavy than even the average corporate organization, which results in a lot of inefficiencies. There are a lot of levels of responsibility, but not really the actual responsibility to go with each level.

Advice to Senior Management – Too much emphasis on performance. If you manage the people, performance will take care of itself.

Former Employee – worked at Federal Reserve Bank of Kansas City

Pros – Learn a lot. Work with great people

Cons – The experience was too short. Wish I took on more projects in short time.

Advice to Senior Management – Keep up the good work

Yes, I would recommend this company to a friend

Former Employee – worked at Federal Reserve Bank of Kansas City

Pros – As an intern I had the best experience! The pay is great and you get real projects. I loved the people in my department and the intern activities I got to participate in. I learned so much more than I ever did in my college classes. Plus, this internship looks great on a resume.

Cons – I did not accept the full-time position because although I really liked my department, the organization as a whole was very stuffy and bureaucratic. There were so many rules and regulations that I was always afraid that I was doing something wrong. Plus, I never felt encouraged to be creative or innovative, which bothered me.

Advice to Senior Management – loosen up!

Yes, I would recommend this company to a friend

Current Employee – been working at Federal Reserve Bank of Kansas City full-time for more than 3 years

Pros – benefits, working hours, multicultural, yearly bonus

Cons – career opurtunities and no more cons I have

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Current Employee – been working at Federal Reserve Bank of Kansas City for less than a year

Pros – Professional environment, on site cafeteria and fitness center. Middle and Senior management are very friendly.

Cons – Roof parking for the first two years.