Federal Reserve Board

  www.federalreserve.gov
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Federal Reserve Board Reviews

Updated August 6, 2014
Updated August 6, 2014
62 Reviews

3.9
62 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Janet L. Yellen
9 Ratings

Review Highlights

Pros
  • Great learning opportunities; decent work/life balance; excellent compensation and benefits package (in 12 reviews)

  • Opportunity to learn in depth information about monetary policy (in 4 reviews)


Cons
  • Complete disregard for the private sector (in 6 reviews)

  • There is an abundance of red tape (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great experience -- one of best in government

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

    Pros

    Interesting work at high level
    Decent work/life balance usually
    Collegial
    Great benefits

    Cons

    Slow promotion
    Lack of management transparency
    Sometimes long hours for needless reasons

    Advice to ManagementAdvice

    Better insight into career advancement/more training

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Research Assistant

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Research Assistant  in  Washington, DC
    Former Employee - Senior Research Assistant in Washington, DC

    Pros

    Closely working in an academic environment. You bosses are very smart an really take an interest in you. There is a built in social scene with many other 22 y/o starting their first job with you. Can really help you get into PhD programs.

    Cons

    The pay is not as good as other options. Sometimes the work can be quite tedious. It is a little overwhelming at the beginning.

  3.  

    Great place to work with a lot of smart and dedicated public policy professionals in economics, law, and finance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Supervisory Financial Analyst  in  Washington, DC
    Current Employee - Supervisory Financial Analyst in Washington, DC

    Pros

    Great learning opportunities; decent work/life balance; excellent compensation and benefits package

    Cons

    Not your traditional government agency (i.e., most people work hard at the Fed -- which is a good thing)

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Great Opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Coordinator  in  Washington, DC
    Former Employee - Project Coordinator in Washington, DC

    Pros

    Great training and room for advancement

    Cons

    Nothing negative to state about the FRB

    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Good working environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Auditor  in  Washington, DC
    Current Employee - Auditor in Washington, DC

    Pros

    Good work/life balance
    Paid time off
    Education Assistance

    Cons

    Opportunities for Advancement
    Bureaucratic
    Management competence is lacking

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Great company to work for, but not for everyone. Those looking for a social environment beware.

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

    Pros

    -doing good work
    -intelligent people to work with
    -good, central location in DC
    -opportunities to move up or to get subsidized higher education

    Cons

    -very academic environment (could be a pro)
    -not very social, limited team bonding
    -age segregation
    -higher level staff can sometimes be unaccessible to lower level staff

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Good place to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service  in  Kansas City, MO
    Current Employee - Customer Service in Kansas City, MO

    Pros

    Great benefits - 401k, health insurance, pension, fitness facility & cafeteria. Pay is pretty competitive - maybe a little on the lower side starting off. Working from home is available to more employees when weather conditions are poor.

    Cons

    Many supervisors are very young so you are their learning field.

    Advice to ManagementAdvice

    Management has improved a lot through the years. Overall, they do a good job.

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

    Great place to work

    Former Employee - Senior Research Assistant  in  Washington, DC
    Former Employee - Senior Research Assistant in Washington, DC

    Pros

    You get what you put into it. Economists work really hard and will give you interesting projects once you've earned their trust. RAs aren't expected to work extremely long hours. Management is very flexible about vacation/telecommuting as long you're not asking for time off immediately before an FOMC meeting.

    Cons

    -- As expected from a place like the Fed, there was a lot of office politics between the divisions and some between sections.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Great Place to work and move your career to the next level

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

    Pros

    Work/Life Balance, Strong Management, and Employee Development Program

    Cons

    Too many authorities, management reviews, and approval chains

  11.  

    Experience at Federal Reserve was great!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Quality Assurance  in  Richmond, VA
    Former Employee - Quality Assurance in Richmond, VA

    Pros

    The people, setting, and location.

    Cons

    Lack of Mobility, Old school attitude.

    Advice to ManagementAdvice

    Be open to the new generations point of view and ideas.

    Doesn't Recommend
    No opinion of CEO

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