Federal Reserve Board Reviews | Glassdoor

Federal Reserve Board Reviews

Updated January 22, 2019
179 reviews

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3.8
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Janet L. Yellen
84 Ratings

Employee Reviews

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Pros
  • "Interesting work and good work life balance" (in 29 reviews)

  • "Flexible work schedule along with great benefits" (in 22 reviews)

Cons
  • "In terms of IT you may not get as valuable experience here as you might in the private sector" (in 9 reviews)

  • "Very little opportunity to innovate and ideas are not welcome" (in 4 reviews)

More Pros and Cons

  1. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Federal Reserve Board full-time

    Pros

    Smart and dedicated people. Learned a lot.

    Cons

    Can be bureaucratic at times.


  2. Helpful (1)

    "Great place for economists!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Economist in Washington, DC
    Current Employee - Senior Economist in Washington, DC
    Recommends
    Positive Outlook

    I have been working at Federal Reserve Board full-time

    Pros

    Supportive team environment, great access to computing and data resources, helpful colleagues, mobility within organization, opportunity to engage in academic work without having to go through tenure process or be beholden to publication biases and randomness, good job security and pay, not subject to government shutdown furloughs.

    Cons

    I can’t really complain, but some sections are better than others, policy work requires some oversight — which is done by other economists who don’t always make the best managers. Some sections appear to be stretched thin more often than others, to give more research time than others.

    Advice to Management

    Add support to sections that are frequently hiring and therefore short-staffed.

  3. "Excellent Place to Work"

    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 Board full-time (More than 8 years)

    Pros

    Great staff and work benefits, good work-life balance.

    Cons

    The Commute into DC is never good.

    Advice to Management

    I do not have any advice to give to management.


  4. Helpful (1)

    "Research Assitant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Research in Washington, DC
    Former Employee - Senior Research in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Federal Reserve Board full-time (More than a year)

    Pros

    Mostly relaxed, nice people, generally low pressure.

    Cons

    Work can be very boring, research assistants are not asked to do harder things, did not learn that much.


  5. "Culture"

    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 Board full-time (More than 10 years)

    Pros

    Good work life balance such as telework.

    Cons

    Depending on the position, a lot of travel.

    Advice to Management

    Reduce the travel and invest in technology.


  6. Helpful (2)

    "Challenging Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Washington, DC
    Current Employee - Anonymous Employee in Washington, DC

    I have been working at Federal Reserve Board full-time (More than 8 years)

    Pros

    Benefits, competitive salary, job security

    Cons

    Lack of innovation, poorly performing employees easily hide, lack of any project management processes


  7. "IT Specialist or management position"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    The best reason to work here is to further my career with the Federal government

    Cons

    I have no challenges or cons that prevent me from performing the duties for your department

    Advice to Management

    Look forward to the opportunity to work with the Federal Reserve Board

  8. "Wonderful opportunities for growth with great work-life balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Research Assistant in Washington, DC
    Former Employee - Senior Research Assistant in Washington, DC

    I worked at Federal Reserve Board full-time (More than a year)

    Pros

    Intellectually stimulating work, collegial environment, great work-life balance

    Cons

    Opportunities for advancement limited for non-PhD level staff


  9. "Analyst"

    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 Board full-time

    Pros

    Great Benefits! Pension, Academic Assistances

    Cons

    It takes time to grow one's career.


  10. "Payroll Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

    I worked at Federal Reserve Board full-time

    Pros

    Great Benefits, Friendly people,

    Cons

    negative hostile environment, Management should know the job they are hired in.

    Advice to Management

    treat employees fairly, breaking down silos is a joke.