Federal Reserve Bank (NY) - Unsatisfactory in terms of New Challenges, Organizational Hurdles for growth | Glassdoor
There are newer employer reviews for Federal Reserve Bank (NY)
There are newer employer reviews for Federal Reserve Bank (NY)

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"Unsatisfactory in terms of New Challenges, Organizational Hurdles for growth"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Senior Systems Analyst in New York, NY
Former Employee - Senior Systems Analyst in New York, NY
Doesn't Recommend
Approves of CEO

Pros

Prestigious Name due to the Great work done by the bank on a Macro Economic scale.

Cons

Slightly outdated in terms of Technology and Processes. More of an Old school structure with Officers and Non-Officers even in technology units.

Advice to Management

Technology divisions are better if operated in a different way than the way the Core business of the bank is carried out. The same structures that apply in other areas of the bank may be suitable.

Other Employee Reviews for Federal Reserve Bank (NY)

  1. Helpful (1)

    "Great Work/Life Balance"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in New York, NY
    Current Employee - Business Analyst in New York, NY
    Recommends

    Pros

    Good Salary
    Excellent Medical and Retirement Benefits
    Great Work/Life Balance
    Great Resume Builder
    Excellent Career Opportunities
    Bright People
    Friendly Work Environment

    Cons

    Low Raises and Bonuses
    Non Officers are treated like Non Entities


  2. "Overall, my experience is positive due to the people that I regularly work with."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Bank Examiner in New York, NY
    Current Employee - Senior Bank Examiner in New York, NY

    Pros

    - Co-workers are extremely knowledgeable and are willing to share their knowledge with others.
    - If you are looking for retirement benefits, the Fed provides a pension as long as you are willing to put in at least 5 years.
    - Work / life balance.

    Cons

    - Compensation is not what many would expect.
    - Work travel can be burdensome depending on your role.
    - Communications from management is not clear.

    Advice to Management

    - As with all large agencies of the Federal government, be prepared to deal with bureacracy and unclear marching orders.

There are newer employer reviews for Federal Reserve Bank (NY)
There are newer employer reviews for Federal Reserve Bank (NY)

See Most Recent

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