Federal Reserve Bank of St. Louis Reviews | Glassdoor

Federal Reserve Bank of St. Louis Reviews

Updated July 18, 2018
73 reviews

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3.9
StarStarStarStarStar
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James Bullard
38 Ratings

73 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 12 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. "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


  2. 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!

  3. 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.


  4. 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.


  5. Helpful (2)

    "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


  6. 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


  7. 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

  8. 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!


  9. Helpful (2)

    "Embracing a Changing Work Culture and Population"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in Saint Louis, MO
    Current Employee - Project Manager 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 8 years)

    Pros

    The bank places a huge emphasis on engagement and finding ways to keep employees on the team long term. The benefits, development opportunities, and challenging social and work assignments are all there for the employees that pursue them.

    Cons

    The bank is working through a shift in leadership and preparing for some generational turnover, similar to many companies these days. This can make organizational culture somewhat tricky to navigate at times. The bank is somewhere between a government agency and non-profit which means there is a desire by leadership to align with government agency responses and risk avoidance.

    Advice to Management

    Stay the course with challenging the status quo and trying to steer a new culture across the organization. Push current management to offer jobs that will appeal to non-traditional employees across multiple generations. Continue to build leadership skills through increasing accountability.


  10. Helpful (5)

    "Great benefits & work-life balance but oppressive culture. Big Brother's watching."

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

    I worked at Federal Reserve Bank of St. Louis full-time (More than a year)

    Pros

    Easy to keep to a 40-hour work week.
    Benefits are unbeatable.
    Cafeteria has a decent number of (healthy!) options and is very affordable to employees.
    Facilities, law enforcement, cafeteria staff are all generally very friendly people.

    Cons

    Culture is oppressive in many groups. Be prepared to be reprimanded by multiple levels of management for expressing any individuality.
    Mostly incompetent middle management and in some cases upper management.
    The people who tend to get promoted are all management, and it happens so quickly and frequently it's really hard to ignore.
    The group I was in was toxic, due to a combination of the people being hired, the people doing the hiring, and the way "leadership" treated its people.
    Projects move at a colossal pace for several months until someone in charge arbitrarily decides they need a final deliverable by EOD.
    Salary was on the low side for the skills it was hiring for, but the job security and benefits make up for that.
    Perhaps as a result of the above, you are not working with the best people in the field.
    From what I could tell, contractors basically got treated as subhuman by the organization.
    If you are unfortunate enough to get parking in Mansion House, be prepared to deal with your car getting broken into,.

    Advice to Management

    Those of you who actually care about your employees and contractors, keep at it. I know there is some decent leadership in the Fed somewhere.

    Those of you who are not qualified for the position you're in, don't fake like you know what you're doing by continuing to make harmful decisions and shoot down your competent workers who are trying their hardest to keep you from ruining the future of the group.


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