Federal Reserve Bank of Philadelphia Employee Benefits and Perks | Glassdoor

Employee Benefit Reviews

Showing 11–20 of 17 comments

Most Commented

  • Feb 24, 2016
    StarStarStarStarStar Former Cash Services in Phila, Pennsylvania

    The benefits were amazing, management was horrible.

  • Jan 25, 2016
    StarStarStarStarStar Current Analyst in Philadelphia, Pennsylvania

    A real pension, but it takes 5 years to be vested.

  • Dec 16, 2015
    StarStarStarStarStar Current Employee in Philadelphia, Pennsylvania

    Health insurance is very good, and the matching contributions for the 401(k) plans are excellent but the vesting period is long. There is a DB pension but takes 5 years to vest into fully. I came from the private sector, and I was shocked at the end of the year to find out that - despite receiving a very high performance rating and going above and beyond in many projects - that there was no performance-related bonus payment. They do not make this clear at all, and if you are coming from the private sector (especially the financial industry) be forewarned.

  • Oct 07, 2015
    StarStarStarStarStar Former Research Analyst in Philadelphia, Pennsylvania

    Great retirement plan with matching contributions. Health insurance is also offered. Tons of paid time off. You also get discounted subway and bus fares. Once you have worked there for 6 months, they will pay for you to take a class while working and let you leave work to do it. There is a low-cost full-service gym in the building.

  • Jul 23, 2015
    StarStarStarStarStar Former Regulatory analyst C in Philadelphia, Pennsylvania

    Best is you can get a pension if you are willing to stay there forever. Worst is you are underpaid and rarely get bonuses. You also have sick days but can not use them without first using 3days if PTO and having a doctor's note.

  • Oct 12, 2014
    StarStarStarStarStar Current Employee in Philadelphia, Pennsylvania

    Been at the Philadelphia Fed for 10 years - 25 days of vacation, pension, 401K with up to 7% match, tiered medical and dental insurance plan that allows you to select how much coverage you want, flex days.

  • Oct 09, 2014
    StarStarStarStarStar Current Operation Generalist in Phila, Pennsylvania

    The package is exceptional. Like anything else the cost would vary from year to year. Much better than having no benefits at all.

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