Federal Reserve Bank of San Francisco Reviews | Glassdoor

Federal Reserve Bank of San Francisco Reviews

Updated May 11, 2018
117 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
66 Ratings

117 Employee Reviews

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Pros
  • There are lots of perks, and work life balance is fairly good (in 39 reviews)

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

Cons
  • Advancement opportunities are rare unless you are in BS&R or Statistics (in 3 reviews)

  • There were not very many cons of interning at the SF Fed, I fully enjoyed myself and got a lot out of the work (in 3 reviews)

More Pros and Cons

  1. "Awesome place to work"

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

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

    Pros

    Great mission and smart people

    Cons

    Expensive cost of living in SF


  2. Helpful (1)

    "Nice people, not a progressive place to work"

    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
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    The Fed is a unique place to work with interesting challenges. Many folks here have a long history at the Fed, many approaching 40 years or more. Employees are well treated and respected. There are lots of perks, and work life balance is fairly good. Salary is competitive and it is still an institution of prestige.

    Cons

    Technically it's a non-profit, but it's quasi-government. That means horrible practices, many of which are unique to them. Slow adoption to innovation and extremely risk-aversive, which I don't think its their fault because you are talking about the faith of the US dollar and ultimately the global economy if there is a major incident.

    Advice to Management

    Undertand the unique beast that is the Fed and plan long term strategies to work within those constraints.

  3. Helpful (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


  4. "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


  5. "Terrible place to work"

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

    Pros

    Everything about this experience was horrible.

    Cons

    Awful, awful, awful place to work.


  6. "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


  7. "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.

  8. Helpful (1)

    "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


  9. 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!


  10. Helpful (6)

    "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.


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