Federal Reserve Bank of St. Louis Reviews | Glassdoor

Federal Reserve Bank of St. Louis Reviews

Updated September 8, 2018
75 reviews

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3.9
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James Bullard
40 Ratings

75 Employee Reviews

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Pros
  • "The Fed offers so much to its employees - from amazing benefits to a strong work-life balance" (in 13 reviews)

  • "Great Benefits and good environment" (in 16 reviews)

Cons
  • "The upper management team has its favorites and listens and promotes them despites the poor leadership skills" (in 3 reviews)

  • "Poor choices in middle-management result in large inequalities in work distribution" (in 2 reviews)

More Pros and Cons

  1. "Research Division"

    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 St. Louis full-time

    Pros

    Intellectual group, and learning strongly encouraged

    Cons

    Low mobility after senior level reached unless have PhD or MBA


  2. "Corporate Mindset Meets Government Regulations"

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

    I have been working at Federal Reserve Bank of St. Louis full-time

    Pros

    Excellent benefits
    Decent work-life balance
    Knowledgeable staff
    Executive level engagement
    Strong emphasis on ethical behavior
    Strong workplace enthusiasm from most employees
    Diversity program
    Many volunteer groups
    Many opportunities for professional development
    Secure facility
    Beautiful work location with historical importance
    Appropriate budget constraints
    Most employees are approachable
    Innovation programs
    Service recognition efforts
    Long term stability
    Denim days on some Fridays

    Cons

    Meetings lack objectives at the start and action items after the close.
    Biannual employee evaluation emphasizes listing accomplishments for popular management objectives over baseline quality and efficiency of operations.
    Workplace culture is geared toward a specific personality type instead of encouraging diversity of thought.
    Optional educational events for knowledge sharing often only portray a surface view of the topic.
    Management often doesn't want to learn details of operations and complications that arise from such details.
    Strange unwritten rules for professional behavior that emphasize stoicism and friendliness over idealistic values and debate.
    Many individual contributors are incredibly accomplished on paper but lack the periphery knowledge to contextualize their actions or opinions.
    Many procedures are antiquated, obsolete or irrelevant when measured against current corporate best practice.
    Elevators are constantly being repaired with even more disfunction after the repairs.
    Compartmentalized work and information structure inhibits effective collaboration.
    Management sometimes exhibits favoritism for personality type or charisma over merit.
    General lack of ownership when objects are not met.
    Objectives are generally deferred instead of canceled or revised even when they may not be possible, feasible or practical.
    Often times conflict is dealt with through placation instead of admission of deficits.
    Decision fatigue runs rampant as many processes are overly complicated and poorly documented despite incredible measures in place to reduce risk.

    Advice to Management

    Listen
    Clarify
    Understand
    Contextualize
    Synthesize
    Act/Delegate
    Verify

    Don't put objectives from leadership over the function of your team. Who knows your people best? You're only as good as your worst employee first and then your team as a whole. That should be your emphasis.

  3. "Best work place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Specialist in Saint Louis, MO
    Current Employee - Senior Specialist in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Federal Reserve Bank of St. Louis full-time (Less than a year)

    Pros

    Perfect work life balance, best benefits, very good insurance, excellent growth opportunities, brand value, job guarantee

    Cons

    Parking at mansion house, less food options close by

    Advice to Management

    Great work! Hi


  4. Helpful (2)

    "Comfortable"

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

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

    Pros

    Fairly easy work without pressure.

    Cons

    Too many meetings and telephone calls

    Advice to Management

    Keep up the good work!


  5. Helpful (2)

    "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Java Developer in Saint Louis, MO
    Current Employee - Java Developer in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    great benefits, work/life balance options, great pay, lots of opportunities to grow

    Cons

    software development and projects run slow, increased costs and commute times from being downtown

    Advice to Management

    Doing a good job, continue working towards a more agile and modern environment. Continue looking into trending technologies to stay current.


  6. Helpful (7)

    "Design Engineer"

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

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

    Pros

    Voted #1 Best Workplace in Large Companies category (500 or more employees) in 2016. Amazing benefits. Safe work environment. People who genuinely care about your success.

    Cons

    Business casual dress code, only a con if you prefer more casual dress. Semi-annual performance reviews. Good to have the feedback, yet stressful for me.


  7. Helpful (3)

    "Love this place"

    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

    I have been working at Federal Reserve Bank of St. Louis full-time

    Pros

    Great place to work at

    Cons

    Nothing bad to say about it

    Advice to Management

    Nothing

  8. Helpful (2)

    "Coordinator"

    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

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

    Pros

    Great benefits, diversity and people!

    Cons

    I have no current cons


  9. Helpful (4)

    "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Saint Louis, MO
    Current Employee - Manager in Saint Louis, MO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Flexible time, great opportunity for those who are stagnant in their careers, they promote relationships and meeting outside of your departments, on site gym, great benefits

    Cons

    No growth, boring, management doesn't always look at your potential and underestimates your educational and work experience.

    Advice to Management

    Apply people strengths


  10. Helpful (2)

    "Federal Reserve Bank of St. Louis"

    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

    I have been working at Federal Reserve Bank of St. Louis full-time

    Pros

    Outstanding compensation package and work/life balance.

    Cons

    Due to circumstances, the organization must be very cautious about its image - internally and externally.

    Advice to Management

    Keep at it!


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