Federal Reserve Bank of St. Louis
3.2 of 5 18 reviews
www.stls.frb.org Saint Louis, MO 1000 to 5000 Employees

Federal Reserve Bank of St. Louis Reviews

Updated Jul 9, 2014

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3.2 18 reviews

                             

50% Approve of the CEO

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James Bullard

(4 ratings)

59% of employees recommend this company to a friend
18 Employee Reviews
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    Great place to start a career.

    Anonymous Employee (Former Employee)

    ProsBenefits were great and stress level was moderate.

    ConsSlow moving, not cutting edge by far.

    Yes, I would recommend this company to a friend

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

    Anonymous Employee (Current Employee)

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

    ConsWork 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 Senior ManagementManagement 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.

    No, I would not recommend this company to a friend

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    2 people found this helpful  

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

    Manager (Former Employee)
    Saint Louis, MO

    ProsThe 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.

    ConsPoor 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 Senior ManagementTake 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.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    Horrible upper management

    Anonymous Employee (Former Employee)

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

    ConsMost 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 Senior ManagementRetire early.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    1 person found this helpful  

    Conservative and political. Lots of buddyism.

    Anonymous Employee (Current Employee)

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

    ConsIf 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.

    No, I would not recommend this company to a friend

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    Love it.

    Assistant Examiner (Current Employee)
    Saint Louis, MO

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

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

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

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    1 person found this helpful  

    Incredible Internship

    Anonymous Employee (Former Employee)

    ProsI 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

    ConsNone. Overall it was a great summer.

    Yes, I would recommend this company to a friend

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    The experience is great

    Research Analyst (Current Employee)
    Saint Louis, MO

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

    Consnot 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 Managementneed 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

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    Liason between the business and technical side

    Senior Business Analyst (Current Employee)
    Saint Louis, MO

    Prosstable job, good vacation time

    Consworking for the treasury is not a nice job

    Advice to Senior Managementdont be kiss ups to the treasury as much

    Yes, I would recommend this company to a friend

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    2 people found this helpful  

    Inner-departmental politics are WAY out of hand. Communication amongst management is widely inconsistent.

    Administrative Assistant (Former Employee)
    Saint Louis, MO

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

    ConsLittle 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 ManagementLeadership 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.

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Federal Reserve Bank of St. Louis reviews and ratings — including employee satisfaction and approval rating for Federal Reserve Bank of St. Louis CEO James Bullard. All 18 reviews posted anonymously by Federal Reserve Bank of St. Louis employees.