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"A commitment to work/life balance" (in 24 reviews)
"The company has great benefits including zero deductible health plans and an onsite fitness center" (in 21 reviews)
"Sometimes deadlines outside our control (legislated/mandated) can impact work life balance" (in 9 reviews)
"Slow to change, but undersatnd the need" (in 5 reviews)
Helpful (1)
I have been working at Federal Reserve Bank of Dallas full-time (More than 10 years)
Pros
Strong leadership team, good pay and benefits, excellent work/life balance, strong commitment to volunteerism and community.
Cons
Sometimes deadlines outside our control (legislated/mandated) can impact work life balance. When this occurs, senior leadership usually provides support.
Advice to Management
Continue to provide the great training and educational opportunities offered to employees.
I have been working at Federal Reserve Bank of Dallas full-time (More than 3 years)
Pros
Professional development offered is a top benefit, not to mention their tuition reimbursement, pension plan AND 401k plan. Medical, dental and vision packages are great.
Management is open to new ideas.
Work-life balance is a plus!
Cons
Change implementation takes longer than others in the industry.
I have been working at Federal Reserve Bank of Dallas full-time (More than 5 years)
Pros
Health benefits, building security, onsite parking.
Cons
The Federal Reserve Bank of Dallas is plagued with laziness and entitlement from years of stagnant movement among staff. The recruiters will display the long tenures of past employees like a badge of honor while in reality this only serves as an indicator of lacking new talent and ideas.
Poor decisions are made consistently at varying levels of management. Leaders are too cautious to terminate those who produce poor work product, lack the necessary skills, or spread toxic behavior. Often top performers will depart the bank to seek other employment due to lacking opportunities and leadership's ignorance to recognize outdated strategies and solutions.
Applicants should beware the organization will do anything to attempt to convince you of the advancement opportunities. However, you will spend years with little movement and almost a decade before you are even considered for a leadership role; and this applies even to top performers.
There is a large and growing problem with entitlement among staff. Many of the long tenured staff have idled through their careers only to voice concern for advancement towards the end as new professionals enter the workforce. Discrimination and other exacerbated claims are thrown around here quite loosely in order to push personal agendas.
You MUST be well versed in bureaucracy. Don't expect leaders to act with professionalism or respect. Often you will succeed in this organization if you can fit within the above for-mentioned culture. Working here is almost the equivalent of a twilight zone.
Advice to Management
Time to move on!
Helpful (1)
I worked at Federal Reserve Bank of Dallas full-time
Pros
Work/Life balance; implementing diversity and inclusion programs
Cons
Still have silos and favoritism in some areas; culture slow to change
Helpful (1)
I worked at Federal Reserve Bank of Dallas full-time (More than 5 years)
Pros
Employees are friendly and many feel like family
Great benefits (medical, food, gym)
Annual training budget
Cons
Extremely short-sighted about which initiatives to finance
Incompetent people are not pressured to improve
Significant workplace politics in some departments
Advice to Management
Let your employees try new things, care far less about who is going to pay for important things
I have been working at Federal Reserve Bank of Dallas full-time
Pros
Great benefits including health care, and retirement/pension plans. On site perks such as a cafeteria, Starbucks, and on site parking garage. Many learning opportunities and classes to take on your own time. Security is top notch. Long interview process, and multiple site visits required but worth it in the end (if you get the job).
Cons
Office atmosphere of gossip and negative comments. Others have expressed concerns about the retention of quality employees, and not being able to go to their management with issues.
I have been working at Federal Reserve Bank of Dallas full-time
Pros
-Family Oriented Culture
-Amazing benefits
- Work/Life balance
Cons
-Ability to move up quickly due low turnover rate
I have been working at Federal Reserve Bank of Dallas part-time (More than a year)
Pros
Strong sense of leadership
Outstanding work/school/life balance
Outgoing projects for community involvement
Strong sense of family orientation
Diversity encouragement
Stable work place environment
Employee retention is valued
Great educational opportunities
Leaders/Executives are open and make time for employees
Cons
Change is slow... that’s it.
Advice to Management
Continue to take employees thoughts or emotions into consideration when change or new initiatives are taking place in the bank and allowing this place to feel like home!
I have been working at Federal Reserve Bank of Dallas full-time (More than a year)
Pros
Amazing benefits! Very stable. Feels like a family. Flexible work arrangments and good work/life balance.
Cons
More traditional work environment. Long tenures. In a growth/transition period as people in leadership retire. Risk averse.
Advice to Management
Continue to listen to new ideas and be willing to take new chances.
Pros
Tremendous learning opportunity. Great leaders to learn from.
Cons
Promotion or moving up in ranks may take time.
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Federal Reserve Bank of Dallas Response
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