Federal Reserve Board Reviews

Updated May 7, 2021

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4.3
83%
Recommend to a Friend
91%
Approve of CEO
Federal Reserve Board Chair Janet L. Yellen (no image)
Janet L. Yellen
114 Ratings
Pros
  • "Work-life balance can be improved(in 41 reviews)

  • "Positive culture, lots of fexibility, great benefits(in 27 reviews)

  • Cons
  • "Not as quickly changing or innovative as the private sector(in 13 reviews)

  • "Economists aren't the best at providing feedback(in 12 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee, less than 1 year

      Great place to work

      May 5, 2021 - Senior Associate Director in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Smart colleagues, important work, solid benefits

      Cons

      Limitations on personal investments and political activities.

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    2. 3.0
      Former Employee, more than 3 years

      A good place to retire

      May 7, 2021 - Senior Financial Analyst in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good benefits, interesting work, smart people

      Cons

      Lots of office politics, who you know matters, hard to move up if you’re ambitious

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    3. 3.0
      Current Employee, more than 5 years

      Undervalued Technologist Roles

      Apr 7, 2021 - Technology Analyst in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The benefits are actually amazing, even the tuition assistance for getting training and degrees is jaw-dropping. And you do get to work with some great people.

      Cons

      In the tech roles the way to get a real raise is through grade promotions. But the path to those promotions is pretty much at the manager's discretion so it's unclear. In 7.5 years I have heard many times that I am on the right path to promotion...and gotten promoted exactly once. I am working above my current grade but being paid at the low end of it. Exceeding expectations and getting a merit increase for my efforts gained me a dollar an hour.

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    4. 5.0
      Former Employee, more than 5 years

      Excellent Place to Grow

      Feb 9, 2021 - Technical Research Assistant in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The FRB invests massively in training up their staff. You will have all the tools and support you need to build the technical skills needed to thrive in the digital age. You will have the opportunity to do challenging real work empirical work with some of the most brilliant minds in economics. Pay and Benefits are substantial.

      Cons

      Politics. FRB is supposed to be a non-partisan institution but you will see an overwhelming bias to the far left which creates a oppressive environment for moderate employees. Having an objective opinion empathetic to both sides of an argument in your research is implicitly prohibited. You will be discriminated against and outright rejected by your peers if you show any signs of right-leaning views. It's the unfortunate reality and this culture is counterproductive to their D&I initiatives.

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    5. 5.0
      Current Employee, more than 10 years

      Work life balance is real here!

      Apr 9, 2021 - Manager in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Work with extremely bright and motivated analysts. Work life balance is real here.

      Cons

      Lack of expansive telecommuting (pre-pandemic)

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    6. 5.0
      Current Employee, less than 1 year

      Great place to work!

      Apr 6, 2021 - Analyst 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      benefits, management, professional development, surrounded by incredibly knowledgable people

      Cons

      typical government limitations can slow decision making

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    7. 5.0
      Former Employee, more than 1 year

      Great Post-College Job

      Mar 14, 2021 - Research Assistant 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Learned so much, worked with great people, research atmosphere is awesome, every is so friendly, got admitted to a great graduate school program

      Cons

      Experiences vary depending on section

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    8. 1.0
      Former Employee, less than 1 year

      This place is perhaps the largest scam in history.

      Mar 29, 2021 - Debt Specialist 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      They have a colossal amount of money.

      Cons

      The federal reserve (and the entire economic system in general) is actually a giant scam designed to benefit the financial elite and drain everyone else. It is perhaps the greatest pyramid scheme of all time. "Banksters" are parasites draining the entire world of vital resources. The economic system is also on the brink of collapse on a global scale. Money is debt, and debt is money. The money supply expands proportionally to federal debt expansion. The federal reserve is actually a private corporation that loans money to the government at interest. This keeps the masses in a state of perpetual debt and financial slavery. They continuously expand the money supply to pay for the interest attached to all money. This guarantees inflation. Inflation is a secret tax on the public, with the benefits going straight to the financial elite. Most jobs are totally unnecessary. We could all be working on developing technology to such an extent that almost none of us would have to work on a regular basis. Most jobs sole purpose is to generate money and profit. Eight men now own half the world's wealth! Eight men now have the resources to feed, clothe, and house the entire world. They will never do it unless the masses force them to. We must withdraw support from all governments, corporations, and banks. These are the institutions which are holding us back as a species. We must create a new society that values people and resources above money and profit. We have the power to do this as portions of universal consciousness.

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      1 person found this review helpful
    9. 5.0
      Current Employee, more than 10 years

      Intellectually Challenging & Rewarding

      Mar 21, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great benefits, colleagues and opportunities.

      Cons

      Provide more remote work opportunities.

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    10. 5.0
      Current Employee, less than 1 year

      Great place for recent college grads

      Feb 25, 2021 - Research Assistant in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Interesting and relevant research projects - Great colleagues - Lots of opportunities for growth

      Cons

      None that stand out at the moment

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