Pros
The best perks would be the gym stipend and commuter assistance.
Cons
Working at FRB was a huge mistake, a lot of my colleagues have left or are actively searching to leave. Work Life Executives/management are disconnected from the day to day work and treat employees poorly. There is no flexibility with working remotely which is unusual these days. People often spend 2-3 hours commuting in the Bay Area which is the norm. My spouse and children would rarely see me on weekdays. Low Pay One of the reasons of the turnover is the below market compensation. Morale is low and most of my colleagues only think of this place as a short-term gig. Lack of Infrastructure Technology in this organization is a good 10+ years old and poorly implemented. This leads to layers of workarounds and there is a high margin of error in which employees are held responsible for. If you are an individual contributor you will be working long hours.