Federal Reserve Bank of Philadelphia Reviews | Glassdoor

Federal Reserve Bank of Philadelphia Reviews

Updated August 3, 2017
35 reviews

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3.7
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Federal Reserve Bank of Philadelphia President and CEO Patrick T. Harker
Patrick T. Harker
9 Ratings

35 Employee Reviews

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  1. "Management Trainee II"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Management Trainee II in Philadelphia, PA
    Current Employee - Management Trainee II in Philadelphia, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Federal Reserve Bank of Philadelphia part-time (More than a year)

    Pros

    There is always a lot to learn. Upper management is really friendly. Depending on who is your boss, you will have a lot or less work to do. One of my best internship experience. Upper management are really open minded to new ideas. So please share them. You will not get in trouble even if you are ideas are bad or wrong. You will lose opportunities if you stay quiet and do not speak up. Making mistakes is fined, but please do not do it so often as I have.

    Cons

    Upper management is always busy. They usually do not have time to look over those who are new. They expect new comers to contribute a lot in a short amount of time. Sometimes instructions for tasks are not so clear.

    Advice to Management

    Please do a better job in monitoring new interns or workers. We know you are super busy. But this would help a lot.


  2. "Not like it used to be"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Graphic Designer in Philadelphia, PA
    Current Employee - Graphic Designer in Philadelphia, PA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Federal Reserve Bank of Philadelphia full-time (More than 5 years)

    Pros

    pay is good. So is benefits.

    Cons

    No longer care about the employees

    Advice to Management

    go back to being a family! since new president don't care about employees

  3. "Suffocating"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Federal Reserve Bank of Philadelphia full-time

    Pros

    Really good benefits, competitive, but not outstanding pay.

    Cons

    Management is in dire need of a shakeup. Policies and procedures are decades out of date.


  4. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst
    Former Employee - Analyst
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Federal Reserve Bank of Philadelphia full-time (More than 5 years)

    Pros

    Great work life balance and benefits

    Cons

    Lack of upward mobility


  5. "FRB Philadelphia - What a Great Community Workplace!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Federal Reserve Bank of Philadelphia full-time (More than 3 years)

    Pros

    Friendly co-workers make for a great community-type working environment, excellent benefits, and everyday work has real-life implications and effects.

    Cons

    Some employment positions, depending upon the department in which you work, do not have much upward mobility.


  6. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I worked at Federal Reserve Bank of Philadelphia full-time

    Pros

    Meaningful, challenging work. Great opportunities in financial reporting.

    Cons

    Not as fast paced as private sector


  7. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Great benefits and ok pay.

    Cons

    Not progressive. Bank should try to come into this century with its procedures and policies.

    Advice to Management

    Come into this century

  8. Helpful (1)

    "Great experience and great people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Hospitality Assistant in Philadelphia, PA
    Former Employee - Hospitality Assistant in Philadelphia, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Federal Reserve Bank of Philadelphia (Less than a year)

    Pros

    Good management, considerate of workload, always generous and happy to give you new opportunities and promotions

    Cons

    Not any that I can think of

    Advice to Management

    Hire someone to specialize in a position instead of dispersing roles


  9. Helpful (2)

    "Retail Risk Analysis"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    There is a real freedom to pursue your research interests and voice your opinion. The benefits are good with a month vacation to start. The location is great too: right in old city and China town. Everyone is very open and friendly.

    Cons

    The pay is below average for the Federal Reserve system. There is a lack of management direction in meetings or on major projects. Many adhoc requests from the Board of Governors can turn an calm day into a frantic one.

    Advice to Management

    Provide more control during meetings. Increase salaries to be in line with the rest of the Federal Reserve.


  10. "Summer Internship 2016"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Intern in Philadelphia, PA
    Current Employee - Intern in Philadelphia, PA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    World-famous and prestigious organization, award-winning building management team, large number of scholars in their field, high-standard of professionalism, very supportive managers and co-workers, every employee on every level are treated with respect

    Cons

    It's only an internship. Won't be able to contribute to the organization when I leave

    Advice to Management

    Keep up the standards


Showing 35 of 43 reviews
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