Federal Reserve Board Reviews | Glassdoor

Federal Reserve Board Reviews

Updated August 30, 2018
175 reviews

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3.7
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Janet L. Yellen
81 Ratings

175 Employee Reviews

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Pros
  • "Interesting work and good work life balance" (in 27 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. "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


  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

  3. "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


  4. "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.


  5. "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.


  6. Helpful (4)

    "Pros not worth the cons"

    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
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Federal Reserve Board full-time (More than a year)

    Pros

    Slightly better benefits than other government agencies.

    Cons

    Hostile and Toxic environment. Unqualified and incompetent managers. Backbiting culture. You are not treated based on your skills or hard work. Politics overtakes fairness. Don't risk your well-being at this place.

    Advice to Management

    The old-school micromanagement a the IT department needs to change.


  7. "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

  8. "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.


  9. Helpful (1)

    "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.


  10. "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


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