Federal Reserve Bank of San Francisco Reviews | Glassdoor

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Federal Reserve Bank of San Francisco Reviews

Updated February 8, 2018
114 reviews

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3.6
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Approve of CEO
Federal Reserve Bank of San Francisco President & CEO John C. Williams
John C. Williams
63 Ratings

114 Employee Reviews

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Pros
  • Work / life balance is valued highly; most people don't have to work that hard (in 38 reviews)

  • great benefits and matching on 401K plan & get a pension (in 21 reviews)

Cons
  • Senior management prefers "technicians" rather than staff with strong "people skills (in 5 reviews)

  • All new ideas should go though a lot of approvals (in 4 reviews)

More Pros and Cons

  1. "Great place to work helping America's economy!"

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

    I have been working at Federal Reserve Bank of San Francisco full-time

    Pros

    Excellent company, reputation, benefits, management, and co-workers

    Cons

    Offices are located in costly cities


  2. "Intern"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    It was great working with a team

    Cons

    At times with all the deadlines it was stressful

  3. "Okay place to work"

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

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

    Pros

    Great work-life balance. Very bright, diverse mix of people.

    Cons

    Pay is somewhat disappointing and raises can be difficult to come by


  4. "Research Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research Associate in South San Francisco, CA
    Current Employee - Research Associate in South San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Federal Reserve Bank of San Francisco (More than a year)

    Pros

    You get to work with smart people on interesting projects.

    Cons

    The pay is pretty low for San Francisco.


  5. "Visiting scholar"

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

    I worked at Federal Reserve Bank of San Francisco full-time (More than a year)

    Pros

    Great dedicated staff, committed management, great location

    Cons

    mainly for research in econmics

    Advice to Management

    Keep up the great job


  6. Helpful (1)

    "Great experience as an intern!"

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

    Pros

    Opportunities to work on projects of your interest, everyone is very friendly and willing to provide mentorship/guidance, open door policy, lots of networking opportunities (if you want), great work/life balance

    Cons

    Slow pace of projects due to bureaucracy of big bank, technology is a little behind the times but that's to be expected of a place like the Fed

    Advice to Management

    Keep it up!


  7. Helpful (4)

    "A wretched place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior QA Manager in San Francisco, CA
    Current Employee - Senior QA Manager in San Francisco, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Great location. Close to public transportation

    Cons

    A bank stuck in the 20th century. Hires basic talent. HR leadership, especially in talent acquisition are dullards who wouldn't know what they're doing if it hit them in their partially developed brains.

    Advice to Management

    Perhaps it's time to fire everyone and try hiring people who are actually working in the 21st century.

  8. Helpful (1)

    "Police Services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Police Lieutenant in Phoenix, AZ
    Former Employee - Police Lieutenant in Phoenix, AZ
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Federal Reserve Bank of San Francisco (More than a year)

    Pros

    Not many. If i had to pick something, I'd say the benefits.

    Cons

    As a police lieutenant there, I can tell you that all of police services is laughable and an embarrassment to law enforcement everywhere. 99% of the employees, including many of the "chiefs", have NO POLICE EXPERIENCE. You are simply a security guard with. O police powers. You are not even allowed to take your weapon home at the end of your shift. The long and short of it is this: you will be working for a private police department(in name only) that's run by bean counting bankers and lawyers.

    Advice to Management

    Hire real cops to run your police department. Give management the authority to handle problem employees. Start acting like a police department, or just go back to being security guards. The list goes on and on....


  9. Helpful (7)

    "Highly Corrupted Organization"

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

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

    Pros

    close to the BART station

    Cons

    -Below-market salary
    -Outdated technology
    -Ignorant managers that do not care about their staff
    -Advancement opportunities are rare
    -OneBank behaviors are not working. All departments are still working in silos.
    -It is very hard to move around within the bank or even within the same department.
    -No fancy holiday parties or any kind of fun activities that are sponsored by the bank. Holiday parties are potluck styles. It is absolutely disgusting.
    -Not communicating to employees how year-end bonus and salary increase will be determined after taking away the written performance review.

    Advice to Management

    When your staff do a good job for a consistent period of time, promote them!!! Otherwise, nobody will stick around since the salary here is below the market.


  10. Helpful (3)

    "Great place to work if you have a good management chain"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Team Member in San Francisco, CA
    Current Employee - Team Member in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Federal Reserve Bank of San Francisco full-time (More than 8 years)

    Pros

    Challenging work, most people are friendly and helpful, depending on the position, employees can telecommute or flex (work 80 hours in 9 days). Benefits are very good.

    Cons

    Older building, sometimes not well ventilated.


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