Federal Reserve Board Reviews | Glassdoor

Federal Reserve Board Reviews

Updated June 19, 2018
172 reviews

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4.0
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Janet L. Yellen
81 Ratings

172 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)

  • "Great work/life balance comes at a price" (in 3 reviews)

More Pros and Cons

  1. "Research Assistant"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Federal Reserve Board full-time

    Pros

    Great colleagues and work/life balance

    Cons

    Having to deal with bureaucracy


  2. "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.

  3. "Research Assistant"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Federal Reserve Board full-time

    Pros

    Great work/life balance and chance to work on interesting economic problems

    Cons

    Having to deal with the government bureaucracy


  4. "Proj Manager"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Washington, DC
    Former Employee - Anonymous Employee in Washington, DC

    I worked at Federal Reserve Board (More than 5 years)

    Pros

    Good and structured place to work

    Cons

    Cant think of any Cons


  5. "Financial Analyst"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Federal Reserve Board full-time

    Pros

    Interesting work and good work life balance

    Cons

    Dealing with bureaucracy, similar to other government jobs.


  6. "Good place to Gain Experice"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Federal Reserve Board full-time

    Pros

    Good work environment, surrounded by intelligent economists, paid to learn to program

    Cons

    Coding can be required in multiple languages


  7. "Cushy Place to Work"

    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 Board full-time

    Pros

    Great benefits, relaxed workplace (not cutthroat), public service, prestigious institution

    Cons

    You don't really feel challenged and can feel like you are wasting away, especially if you are more ambitious. Slow-paced (which can be bad or good depending on you). Very risk-averse institution, understandably. Pay is not competitive.

  8. "Pretty good job out of college"

    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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Pretty chill. Some research groups are better than others for getting into Phd programs.

    Cons

    This doesn't pay as well as comparable roles in the private sector.

    Advice to Management

    Pay more!


  9. "Attorney"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Counsel in Washington, DC
    Current Employee - Counsel in Washington, DC
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Federal Reserve Board full-time (More than 3 years)

    Pros

    Nice people, interesting work, great benefits, good salary (by government standards).

    Cons

    Work can be monotonous, organization is very bureaucratic, employees are not given significant responsibility or autonomy.


  10. Helpful (1)

    "Buyer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Federal Reserve Board full-time (More than 3 years)

    Pros

    The pay, the people, the location and the benefits. Those are just a few of what made the job worth staying there.

    Cons

    The management and lack of concern for internal growth opportunities. They would overlook a lot of skilled workers for others who just had longevity but not the skill set.

    Advice to Management

    Listen and absorb what your employees are saying. Take the advice of the people who are actually doing day to day work and are hands on. When we find a more effective way to do something try it before knocking it down.


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