Federal Reserve Bank of St. Louis

  www.stls.frb.org
  www.stls.frb.org

Federal Reserve Bank of St. Louis Reviews

Updated September 5, 2014
Updated September 5, 2014
19 Reviews
3.3
19 Reviews
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James Bullard
5 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    Competitive pay, great benefits, interesting culture

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

    I have been working at Federal Reserve Bank of St. Louis full-time (more than an year)

    Pros

    Collaborative work environment, visible senior leadership, innovative, great benefits and perks. The managers often good feedback and you feel like your work is for the greater good.

    Cons

    Most people promoted come out of the management analyst program. Therefore a lot of the officers are younger and this is the only place they have ever worked. They don't always value outside experience.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Almost a perfect place to work but needs a few changes to get there.

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

    I have been working at Federal Reserve Bank of St. Louis full-time (more than 10 years)

    Pros

    Great benefits, lots of holidays off, paid vacation up to 5 weeks after years requirement is met. Cafeteria in building, nice office's, friendly people.

    Cons

    Work loads are uneven. Some have alot to do and some not enough. Seems that pay raises are not an option anymore after you reach a certain point and even if your a performer if your at that point your not recognized for it (pay raise, etc). This is at the employee level doesn't seem to affect the management level.

    Advice to ManagementAdvice

    Management claims they want to listen to employees ideas and suggestions through surveys, but it seems anything suggested is usually shot down. Yearly review process is usless. If a person is good enough to have worked for a company a full year in good standing they should get rewarded for it (raise, bonus, etc) Why do the review if there is nothing else to achieve...just say good job and keep up the good work.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 2 people found this helpful  

    Great benefits, lots of holidays and good people, but incentives are off.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Saint Louis, MO
    Former Employee - Manager in Saint Louis, MO

    I worked at Federal Reserve Bank of St. Louis full-time (more than 3 years)

    Pros

    The starting pay is fantastic and you'll be working with some very talented people. Management is often quick to back a good idea. Ongoing education is encouraged and compensated for. On-site dining and coffee are more than adequate and the exercise facilities are top-notch.

    Cons

    Poor choices in middle-management result in large inequalities in work distribution. Key products are not properly supported, resulting in dramatic and excessive reactions when products fail. For an economic institution, they seem to have quite an issue properly valuing their marginal revenue product of labor.

    Advice to ManagementAdvice

    Take the time to truly understand how your staff are spending their time, and listen to those in your organization who are truly driving growth instead of resting on their laurels.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
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  5.  

    Horrible upper management

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

    I worked at Federal Reserve Bank of St. Louis full-time (more than 8 years)

    Pros

    Benefits are good. Domestic partner benefits are available. The building and offices are very nice and there is a cafeteria.

    Cons

    Most of the managers and officers are nearly incompetent. Office politics are deadly. People don't get along or interact like they used to several years ago. Its basically a racist culture. Very strange and backwards most of the time out of step with common business and leadership practices.

    Advice to ManagementAdvice

    Retire early.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 4 people found this helpful  

    Conservative and political. Lots of buddyism.

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

    I have been working at Federal Reserve Bank of St. Louis full-time (more than 5 years)

    Pros

    Benefits, pension plan and 401K, cafeteria, parking, fitness center.

    Cons

    If you're starting out and your manager likes you, you'll do fine. Place is full of unfriendly clicks and old-guard types who don't like change and think they've seen and know everything. Lots of people want to leave but won't because they're hanging on for the retirement. Don't assume HR will keep things confidential or is on the side of the employee. No career growth for experienced people.

    Doesn't Recommend
    No opinion of CEO
  7.  

    Great place to start a career.

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

    I worked at Federal Reserve Bank of St. Louis

    Pros

    Benefits were great and stress level was moderate.

    Cons

    Slow moving, not cutting edge by far.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Love it.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Examiner in Saint Louis, MO
    Current Employee - Assistant Examiner in Saint Louis, MO

    I have been working at Federal Reserve Bank of St. Louis full-time (less than an year)

    Pros

    Cafeteria is awesome. Great benefits. I'm not stressed, and I'm off work every other Friday. My coworkers are quickly becoming my second family.

    Cons

    Feels like we're a bit overstaffed at the moment.

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

    Incredible Internship

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

    I worked at Federal Reserve Bank of St. Louis as an intern

    Pros

    I believe the Fed's greatest asset is the people there. Their employees are some of the smartest, best educated, and driven individuals I have ever met. At the same time, they are the nicest people you will ever know. The Fed is an absurdly friendly environment. If you make eye contact with someone in the hall, it doesn’t matter if you know them or not. You smile and say good morning or good afternoon. If you have the chance for a longer conversation, other employees are genuinely interested in you (although I don’t know if it was because they naturally find interns curious/interesting).

    The organization of the internship is amazing as well. The managers all outline projects for the summer before you get there to ensure you have enough to do. HR prepares workshops for you to attend. There are many networking opportunities with both interns and management. Heavily recommended

    Cons

    None. Overall it was a great summer.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    The experience is great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Research Analyst in Saint Louis, MO
    Current Employee - Research Analyst in Saint Louis, MO

    I have been working at Federal Reserve Bank of St. Louis

    Pros

    Benefit is great caomapred with other Fed Reserve Systems
    Learing : you have a lot of choice to learn new tech
    culture: people are nice

    Cons

    not much interactive with real biz, everyday work is deal with data and stay by the table.
    people are not interactive with others, everyone seems just finish his own jobs

    Advice to ManagementAdvice

    need more time on real people's needs, know how to improve people's skills and incentive people's actions. Research is kind of boring job, need incentive

  11.  

    Liason between the business and technical side

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Business Analyst in Saint Louis, MO
    Current Employee - Senior Business Analyst in Saint Louis, MO

    I have been working at Federal Reserve Bank of St. Louis

    Pros

    stable job, good vacation time

    Cons

    working for the treasury is not a nice job

    Advice to ManagementAdvice

    dont be kiss ups to the treasury as much

    Recommends

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