Federal Reserve Bank of Boston Reviews
Updated May 14, 2021
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Found 89 of over 112 reviews
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"Work life balance, mentorship, prep for grad school, good benefits" (in 23 reviews)
"Great benefits and coworkers here" (in 9 reviews)
"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)
- Current Employee★★★★★
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
Continue reading - Former Employee, more than 8 years★★★★★
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highly conservative and bureaucratic environment, not fast-paced, often research is published when it is nearly outdated, some employees are not held to higher standards of work quality, HR not very helpful with severance process and lack of communication.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
Continue reading - Current Employee, more than 3 years★★★★★
Pros
Nice people all over the fed
Cons
Not the best on salary
Continue reading - Former Employee★★★★★
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.
- Current Employee, less than 1 year★★★★★
Pros
Great benefits and coworkers here
Cons
Lots of work during recessuons
- Current Employee, more than 5 years★★★★★
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
Continue reading - Former Employee, more than 1 year★★★★★
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.
- Current Employee, more than 5 years★★★★★
Pros
Growth encouraged, focus on diversity and inclusion, values employees
Cons
Risk adverse, sometimes to a fault
- Former Employee, more than 1 year★★★★★
Pros
great location, convenient and clean office
Cons
No communication with Boston office, they did not know what was going on in Tampa
Continue reading - Former Employee, more than 3 years★★★★★
Pros
Good People and Good Security
Cons
None that I can speak of.
Continue reading
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