Federal Reserve Bank of Cleveland Reviews
Updated Dec 27, 2021
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Found 81 of over 92 reviews
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"Great benefits health, vision and dental" (in 16 reviews)
"Good benefits and a cheap place to leave" (in 7 reviews)
"Location in downtown Cleveland was the only issue for me" (in 3 reviews)
- Current Employee, more than 3 years★★★★★
Pros
The mission, benefits, flexibility, and development opportunities
Cons
Like any organization, there are office politics, but overall it’s a great place to work and people are friendly, respectful and professional
- Current Employee, more than 3 years★★★★★
Pros
Pay is ok and benefits are exceptional.
Cons
Law Enforcement Unit is ran by bureaucrats that promote backstabbing. They talk about innovation, but when you bring thing to them the say, “Put than in an email.” Never to be heard of again until a year later when they are taking credit for your idea. Management is clueless and only promotes yes people that are as incompetent as themselves. It is the Peter Principle to the 100th power. They have bullies in management that get off by messing with their employees. It is high school all over.
Continue reading - Current Employee, more than 1 year★★★★★
Pros
Excellent pay and work/life balance
Cons
Siloed organization, slow to accept/initiate change
Continue reading - Current Employee★★★★★
Pros
Culture, Benefits, Ethical, Work/Life Balance
Cons
Employees are held to same standards as government (such as when salaries are frozen), even though it is not a government entity.
- Current Employee, more than 8 years★★★★★
Pros
Co-workers and benefits are great. Compensation is good.
Cons
Leadership has begun going back on their word and act as is they are parents of staff. To correct either previous racist/sexist policies or to check woke boxes, recent promotions almost 100% filled by minority members. Get on the HR led liberal freight train or get run over (disappointing for an ‘apolitical’ organization).
Continue reading - Current Employee, more than 10 years★★★★★
Pros
Great work life balance Mission oriented
Cons
There are no downsides to working at the Bank
- Current Employee★★★★★
Pros
Excellent benefits Smart and talented colleagues
Cons
Can’t think of any really.
- Current Employee★★★★★
Pros
Good benefits and a cheap place to leave
Cons
An underrated Fed as an employer
- Current Employee★★★★★
Pros
work is interesting and challenging
Cons
slow advancement, career path is not as well defined post entry level
- Current Employee, more than 10 years★★★★★
Pros
The Bakn has wonderful benefits and amazing people on my team.
Cons
The management does not follow what they preach. They want opinions that match their own or you fall to the bottom of the list. they don't value experience.
Federal Reserve Bank of Cleveland Reviews FAQs
Federal Reserve Bank of Cleveland has an overall rating of 3.4 out of 5, based on over 92 reviews left anonymously by employees. 54% of employees would recommend working at Federal Reserve Bank of Cleveland to a friend and 57% have a positive outlook for the business. This rating has improved by 1% over the last 12 months.
54% of Federal Reserve Bank of Cleveland employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Federal Reserve Bank of Cleveland 4 out of 5 for work life balance, 2.9 for culture and values and 3 for career opportunities.
According to reviews on Glassdoor, employees commonly mention the pros of working at Federal Reserve Bank of Cleveland to be coworkers, career development, benefits and the cons to be senior leadership, culture, management.
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