Federal Reserve Bank of San Francisco

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Federal Reserve Bank of San Francisco Reviews

Updated July 5, 2014
Updated July 5, 2014
53 Reviews

3.3
53 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Federal Reserve Bank of San Francisco President & CEO John C. Williams
John C. Williams
28 Ratings

Review Highlights

Pros
  • flexibility, work-life balance and great people and good collaboration (in 17 reviews)

  • great benefits good people there is a work life balance cutting edge technology (in 10 reviews)


Cons
  • Work-life balance can still be a challenge at times, but much better than my other company (for profit) (in 3 reviews)

  • senior management has lost credibility by saying the right things, but not addressing the issues (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Relaxed.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Information Security Analyst  in  San Francisco, CA
    Current Employee - Information Security Analyst in San Francisco, CA

    Pros

    Relaxed. Cafe/food on the 4th floor. Very good benefits. Stable.

    Cons

    Very office-ish. Segregated. Private spaces.

    Advice to ManagementAdvice

    Make the environment more collaborative instead of pure cubicles that separate everyone.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    It's been great experience so far

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    flexibility, work-life balance and great people and good collaboration.

    Cons

    sometimes things move very slow.

  3. 1 person found this helpful  

    A Good Place to Start a New Career Path

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Analyst  in  San Francisco, CA
    Current Employee - Project Analyst in San Francisco, CA

    Pros

    Good benefits, cafeteria food, gym facilities, supportive environment to move within the bank, competitive salary structure and opportunities for salary and career promotions, culture of mutual respect, professionalism, and work/life balance.Good tuition assistant program.

    Cons

    New hires must likely have to adjust to the division and group culture, especially if the person is coming from a different industry. Although there are career opportunities, it is important for the individual to develop the necessary background and skills to transition from one group/division to another.

    Advice to ManagementAdvice

    Management is approachable and proactively communicates with the employees.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Its been a great ride so far!

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

    Pros

    Its great knowing your work helps support the public facing mission of the Bank. Lots of great people in a pretty collaborative environment and lots of exposure to senior managment.

    Cons

    Work-life balance can still be a challenge at times, but much better than my other company (for profit). Decisions can be slow to be made and implemented.

    Advice to ManagementAdvice

    Continue increasing your transparency and working to improve upon the core values of the organization. Keep tuned in to the external market.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great people and support system.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern  in  San Francisco, CA
    Former Employee - Intern in San Francisco, CA

    Pros

    Amazing people, great support system and very structured internship program. The FRB Gold program has grown over the last few years and has really done a great job in making sure that interns are taken care of. I was able to learn a lot in a short period of time and make lifelong connections, including mentors.

    Cons

    The job itself did not challenge me and made me feel a bit complacent. Many employees here are a bit older and have families to go back to, which makes it hard for a younger employee like myself to really bond with team members outside of work.

    Recommends
    Neutral Outlook
    Approves of CEO
  7. 2 people found this helpful  

    Project Manager for large scale enterprise wide ITT solutions for business

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - ITT Project Manager/Director
    Former Employee - ITT Project Manager/Director

    Pros

    Great people, great benefits, culture serious but rewarding, good opportunities for advancement and learning challenges to advance one's skills.

    Cons

    It is regulated by the Federal Reserve System and Board of Governors -- so more conservative and risk averse than high tech private companies.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Human Resources was great in facilitating coming on to the company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst III  in  Los Angeles, CA
    Current Employee - Business Analyst III in Los Angeles, CA

    Pros

    HR was very efficient in keeping me updated with the interview and hiring process.
    In addition, the background check and completion of paperwork online.
    I am really excited about starting with the company.

    Cons

    No problems as of yet.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    What you make of it, but don't be too creative

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

    Pros

    Good people, work-life balance, interesting research opportunities and a lot of flexibility in the projects that you can work on at the bank

    Cons

    Bureaucratic, resistant to change, everyone does their own thing, very little connection across departments, little formal training for newcomers, or for managers

    Neutral Outlook
    Approves of CEO
  10.  

    A place that lacks teamwork, cooperation, innovation, and openness

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

    Pros

    Salary, benefits, work-life balance, location to public transportation

    Cons

    Worst business culture I've ever experienced - many employees appear like the walking dead - unmotivated, unhappy. Overall there is a lack of teamwork in many departments, and there is a lack of transparency, collaboration, and trust between employees and management. So much gossip it seemed like high school all over again!

    Advice to ManagementAdvice

    Get rid of incompent, bullying managers, and start working on a culture that encourages rather than punishes teamwork, creativity, and ambition. Read the article "Federal Reserve Employees Afraid to Speak Put Financial System at Risk" and start doing something to change the culture.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    It was a wonderful, professional experience. It was the highlight of 20 years banking experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technical Check Adjustment Specialist II  in  Salt Lake City, UT
    Former Employee - Technical Check Adjustment Specialist II in Salt Lake City, UT

    Pros

    Good People, Good Environment, Opportunity to be creative and innovative, while conforming in a conservative banking environment. Above average compensation for individual efforts.

    Cons

    Consolidation and lay offs and remote management accessibility.

    Advice to ManagementAdvice

    Be impeccable with your word, keep striving to promote professionalism, stay involved in the reality of awareness concerning an employee's performance and continually stress appropriate business ethics.

    Recommends
    Positive Outlook
    No opinion of CEO

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