Federal Reserve Board - A generally good lifetime experience at the U.S. central bank | Glassdoor
There are newer employer reviews for Federal Reserve Board
There are newer employer reviews for Federal Reserve Board

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Helpful (2)

"A generally good lifetime experience at the U.S. central bank"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Senior Financial Services Analyst in Washington, DC
Former Employee - Senior Financial Services Analyst in Washington, DC
Recommends
Neutral Outlook
No opinion of CEO

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

Pros

Interesting work at the most important central bank in the world; decent pay with periodic cash bonuses; own office; civilized hours; good learning opportunities for younger professionals.

Cons

Career path opaque and perplexing; job increasingly driven by process and process fulfilment imperatives; limited view of the organization; stifling class system of management; bureaucratic procedures.

Advice to Management

Be more communicative and honest with staff. Generate genuine staff development and promotional opportunities that are equitable. Abolish "caste" system of management. Allow staff greater say (without prejudice) in building true consensus and driving organizational as well as business change.

Other Employee Reviews for Federal Reserve Board

  1. Helpful (5)

    "Great to work in a place that has such an impact and relationship to the US economy"

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

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

    Pros

    People are highly educated, generally pleasant

    Cons

    Long term employees with minimal perspective on how to utilize technology efficiently. Lot of silos across divisions, not team players - dont share their information/relationships very well. Managers are not trained to mentor and some should not be be 'people managers' Limited growth - takes long time to advance, or you have to know the officer on a personal level to get promotion

    Advice to Management

    Get a better leader for IT, has no strategic vision or relationship / doesnt care or know that there is no respect from staff.


  2. Helpful (1)

    "Very pleasant experience. Learned a lot."

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

    I worked at Federal Reserve Board as an intern (Less than a year)

    Pros

    Great benefits, hours, work/life balance, people are really nice

    Cons

    Some of the work can be monotonic

    Advice to Management

    Be more present

There are newer employer reviews for Federal Reserve Board
There are newer employer reviews for Federal Reserve Board

See Most Recent

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