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Federal Reserve Bank of Boston

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Federal Reserve Bank of Boston

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Federal Reserve Bank of Boston Reviews

Updated May 14, 2021

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Found 89 of over 112 reviews

4.2
89%
Recommend to a Friend
98%
Approve of CEO
Federal Reserve Bank of Boston President and CEO Eric S. Rosengren
Eric S. Rosengren
51 Ratings
Pros
  • "Work life balance, mentorship, prep for grad school, good benefits(in 23 reviews)

  • "Great benefits and coworkers here(in 9 reviews)

  • Cons
  • "Large government environment with relative weak work life balance(in 4 reviews)

  • "government jobs might pigeon hole you into working one forever, now it will be hard to get into the private sector for some banks(in 3 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

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    1. 5.0
      Current Employee

      Wires Dept Wholesale

      Jan 23, 2021 - Customer Service Representative in Boston, MA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good Benefits Knowledgeable Coworkers Good growth opportunities especially as an entry level job seeker

      Cons

      Archaic information systems Plenty of Red tape (though understandable) Management can be all over the place Training process & onboarding process can be a pain

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    2. 4.0
      Former Employee, more than 8 years

      Great benefits and professional organization

      Mar 2, 2021 - Director in Boston, MA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Clear state of annual objectives, ability to grow but need to position yourself to grow, great benefits

      Cons

      Organizational politics, highly conservative and bureaucratic environment, not fast-paced, often research is published when it is nearly outdated, some employees are not held to higher standards of work quality, HR not very helpful with severance process and lack of communication. Senior management remains mostly white males

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    3. 4.0
      Current Employee, more than 3 years

      Good

      May 14, 2021 - Risk Analyst in Boston, MA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Nice people all over the fed

      Cons

      Not the best on salary

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    4. 3.0
      Former Employee

      Toss-Up

      Mar 4, 2021 - Professional 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The benefits are great and the overall mission is important.

      Cons

      Heed the other reviews that caution about organizational politics. Lots of management has never worked anywhere else, which explains some of the entrenched views and limited thinking. Depending on the department higher-ups, it could be a great career move. Or not.

      3 people found this review helpful
    5. 5.0
      Current Employee, less than 1 year

      Great place to work

      Jan 11, 2021 - Coop in Boston, MA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great benefits and coworkers here

      Cons

      Lots of work during recessuons

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    6. 5.0
      Current Employee, more than 5 years

      resources of large firm with diversity of clients

      Aug 19, 2020 - Assurance Manager in Minneapolis, MN
      Recommend
      CEO Approval
      Business Outlook

      Pros

      tons of resources for working remotely and CPE opportunities. diversity of client work throughout year keeps things interesting and allows exposure and experience for different industries

      Cons

      breadth of clients can cause scheduling issues and mis-utilization of staff

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    7. 4.0
      Former Employee, more than 1 year

      Collaborative research environment, great work life balance

      Oct 19, 2020 - Research Assistant in Boston, MA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Work life balance, mentorship, prep for grad school, good benefits

      Cons

      Lots of bureaucracy and research can sometimes feel slow. Pay is not competitive with what similarly skilled new grads could get in the private sector.

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    8. 5.0
      Current Employee, more than 5 years

      Great company with a focus on employees

      Jun 7, 2020 - Manager in Boston, MA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Growth encouraged, focus on diversity and inclusion, values employees

      Cons

      Risk adverse, sometimes to a fault

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    9. 5.0
      Former Employee, more than 1 year

      Fiops

      Feb 12, 2020 - Financial Operations Manager in Tampa, FL
      Recommend
      CEO Approval
      Business Outlook

      Pros

      great location, convenient and clean office

      Cons

      No communication with Boston office, they did not know what was going on in Tampa

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    10. 5.0
      Former Employee, more than 3 years

      I was able to be part of implementing FedRamp!

      Apr 9, 2020 - Compliance Manager in Boston, MA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good People and Good Security

      Cons

      None that I can speak of.

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