Federal Reserve Bank of St. Louis Reviews

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 Senior Management

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

Pros

stable job, good vacation time

Cons

working for the treasury is not a nice job

Advice to Senior Management

dont be kiss ups to the treasury as much

Pros

The Fed offered solid benefits and a safe secure place to work.

Cons

Little supervision of upper management such as VP’s. Very top heavy with everyone wanting their own personal support staff. Seems management is more focused on racing to the top instead of overseeing their departments and their own responsibilities. With this structure, many questionable actions are missed.

Advice to Senior Management

Leadership needs to do just that, LEAD! Pull your heads out of the clouds and come back down to earth. Stop trying to find the fast track to the top and take care of the tasks at hand. Work with your team to meet set goals. The focus needs to be shifted back to current responsibilities and not their professional advancement.

Pros

benefits are good; pay is fair

Cons

management is terrible; training is not acceptable

Advice to Senior Management

just don't hire anyone as a manager

Pros

They have good pay for entry level jobs, benefits are excellent, many Holidays throughout the year and vacation time increases with years of service, excellent retirement benefits, in house cafeteria and workout facilities.

Cons

Some department's and/or areas tend to be given more work and/or tasks to be complete without regards to the responsiblities/tasks they already have in hand, which in turn creates mistakes in accomplishing the tasks accurately.

Pros

There are some technically talented people working there as well as some dedicated managers. The benefits were terrific and the HR staff was helpful.

Cons

Some of the staff seemed too set in their ways and it was frequently difficult to get across a new way of implementing something or resolving a customer issue.

Advice to Senior Management

Have the technical staff do more cross-training so there are not so many gaps in people's technical ability that someone else couldn't step in when needed.

Pros

Insight into what goes on in the research world, develop programming skills, can take classes on the side, good work-life balane

Cons

some mundane tasks (such as mass copying and pasting, but this is probably fairly universal among this sort of job)

Advice to Senior Management

no advice at the moment

Pros

The benefits, e.g.; insurance and retirement are good. Work is easy. So its easy money. Overstaffed, little to do. Most of the Fed's services are gone or are going away and they continue to hire, build new expensive state of the art buildings and fill them to the brim with staff just to maintain the status quo. They're trying to project an image to the public that nothing has changed. when in fact it is an organization in severe decline.

Cons

Senior management is incompetent, biased against African Americans, older employees over 50, women, and arrogant. Its a 50's management style, where the senior management makes $200,000 and up and the rest make little. Senior management expects everyone to kiss upto them and treat them like royalty. If not then you are going no where or will be fired.

Advice to Senior Management

Leave and let someone who has a diverse, and competent set of skills replace you.