Federal Reserve Board Reviews

Updated August 15, 2015
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77 Employee Reviews

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  1. Great place

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

    I have been working at Federal Reserve Board full-time (More than 3 years)

    Pros

    Fascinating work that matters for the world

    Cons

    Bureaucracy that is outdated, and terrible IT


  2. Helpful (1)

    Benefits

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

    I have been working at Federal Reserve Board full-time (Less than a year)

    Pros

    Awesome...matching 401k program up to 7%

    Cons

    No cons to add about the Fed.

    Advice to Management

    None


  3. Internship at its best

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

    Pros

    Great HR team. They want you to grow. Very organized. You actually work as a regular employee

    Cons

    I don't have anything to say


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  5. Helpful (1)

    Good pre-doctoral experience

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Relaxed, good colleagues, exposure to exclusive datasets

    Cons

    Maybe too much freedom for some overachievers. Also, no good schools to use academic assistance package near the vincinity


  6. FRB is an exciting place to work

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

    Pros

    It provides a unique perspective you can't get many other places. Benefits are great, people are a pleasure to work with, time off is a huge pro

    Cons

    Too much consensus building on business ops side (internal operations of Board). Too many people stuck in old ways "these is how we always do things" (this culture is changing with recent strategic management hires though)

    Advice to Management

    Bring some younger people in! Bring some life and energy into this place!


  7. Great place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Research Assistant in Washington, DC
    Former Employee - Senior Research Assistant in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Federal Reserve Board full-time (More than a year)

    Pros

    Great work/life balance, awesome benefits, great colleagues, little office drama/politics (in my section), great technical training, interesting research. This is an absolutely great place to work. 9-5 most of the time. Everyone is very bright and dedicated. Aside from "production" duties, you have autonomy to seek out research projects with different Economists. Management and Economists are very interested in your career development.

    Cons

    Charting work in S-plus for RAs can be a burden, as Economists often don't know what's entailed to complete their requests (during crunch times).


  8. Helpful (1)

    Politics

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administration
    Current Employee - Administration
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Federal Reserve Board full-time (More than 10 years)

    Pros

    Great place for benefits and holidays. Teleworking is also available.

    Cons

    Too much politics. The hard workers keep working harder and the slackers never get any work because they need it completed and they know who will get the job completed and who will not!!

    Advice to Management

    Point out the slackers and make them work or let them go!!


  9. Helpful (1)

    Great place to work.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Washington, DC
    Current Employee - Anonymous Employee in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Federal Reserve Board full-time (More than a year)

    Pros

    Work / life balance can be very good. Benefits are incredible.

    Cons

    After working here for a few years, exciting developmental opportunities are running out. However, the Board does offer money for you to take classes.


  10. Helpful (3)

    Not for a full career

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

    I have been working at Federal Reserve Board full-time (More than 5 years)

    Pros

    The benefits are excellent at the Fed.

    Cons

    There is an abundance of red tape.

    Advice to Management

    stop signing autographs, swallow your pride and know you're not always right.


  11. Helpful (1)

    Run, dont walk!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in Richmond, VA
    Former Employee - Financial Analyst in Richmond, VA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Federal Reserve Board full-time (More than 10 years)

    Pros

    The benefits. Other than that, I have nothing to offer.

    Cons

    When I started at the FRB, it was a wonderful place to work but it has continously gone down hill. The mid level and senior level department managers are not qualified to hold their positions. Perhaps it was unique ot my department but it is a good back to get stabbed in the back. The Fed is so out of touch with the real world.

    Advice to Management

    Take a hard look at your lower level management staff and consider making some changes. They are under qualified for the positions they hold. Set up a genuine grievance committee like the Fed of yester years. Human Resources does not listen and take complaints seriously.



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