Federal Reserve Bank of San Francisco Reviews in San Francisco, CA | Glassdoor

Federal Reserve Bank of San Francisco San Francisco Reviews

Updated November 16, 2017
62 reviews

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San Francisco, CA

3.5
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Federal Reserve Bank of San Francisco President & CEO John C. Williams
John C. Williams
37 Ratings

62 Employee Reviews

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Pros
  • Work / life balance is valued highly; most people don't have to work that hard (in 37 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"

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

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

    Pros

    Tons of things going on, alot of new technologies and projects in various stages of development, very talented people, good collaboration throughout the organization.

    Cons

    Things can move slowly at time

    Advice to Management

    You do a great job of engaging the FRBSF staff, keep doing that.


  2. "Summer Internship"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Intern - Hourly in San Francisco, CA
    Former Intern - Intern - Hourly in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook

    I worked at Federal Reserve Bank of San Francisco as an intern

    Pros

    The location was great. I really enjoyed being in San Francisco to see the city.

    Cons

    Everything happens really slow at the Fed and it took weeks at a time just to get computer access and environment set up. Also, my manager did not give me any projects to work on and did not allow me to work on any projects that I expressed interest in. Instead, I worked with other people within the company mostly. I know this is not how it was for other interns, but I was disappointed with my experience. I was very grateful to the people that did challenge me and give me projects to complete.

  3. 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.


  4. Helpful (5)

    "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.


  5. 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.


  6. Helpful (2)

    "Working At The Fed"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Assistant in San Francisco, CA
    Current Employee - Executive Assistant 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 a year)

    Pros

    Great work/life balance.
    Excellent benefits.
    Matching 401K and pension.
    Vested after 5 years.
    Great gym. Clean and the machines work!

    Cons

    Currently going through a huge culture change and doing away with performance ratings. Lots of confusion from management.

    Advice to Management

    Embrace change!
    Take more risks.
    Train your people managers to manage better.
    Identify the poor performers and take action.


  7. Helpful (1)

    "Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee 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 10 years)

    Pros

    Hard working, innovative forward thinking organization

    Cons

    Federated structure - collaboration is essential if you want to get things done

    Advice to Management

    Never rest, question authority, keep up the good work

  8. Helpful (1)

    "Horrible Management"

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

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

    Pros

    It's close to the BART

    Cons

    HR leadership
    Cumbersome approach to trying new things
    Salary is far from competitive
    Benefits have gotten worse

    Advice to Management

    There is real lack of HR leadership and the amount of new things HR tries to do is ridiculous and insane. Stop trying to be someone we are not and realize we are a Federal Bank with a certain type of workforce.


  9. Helpful (2)

    "Overall, good experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee 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 5 years)

    Pros

    Great benefits.
    Colleagues are pleasant.
    Ethical culture.
    Lots of training opportunities.
    People are impressed when you mention that you work here

    Cons

    Slow pace
    Can be hard to get job done due to restrictions
    Experience may differ significantly depending on who manager is


  10. Helpful (1)

    "Great place to work - we do it for the mission."

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

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

    Pros

    Collaborative work culture
    The Mission: very meaningful work that has direct impacts on society and the economy.
    People are very approachable
    Decisions are fact- and mission-driven
    There is a preference to be thorough rather than making a quick decision at any cost.
    Good work-life balance

    Cons

    Not at the frontier of new technology
    Risk adverse, which can be conservative in its thinking

    Advice to Management

    Keep on creating an inclusive and diverse work-culture that fosters collaboration
    Be ambitious and think bold


Showing 62 of 128 reviews
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