Federal Reserve Board Reviews

Updated May 12, 2020

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4.4
88%
Recommend to a Friend
100%
Approve of CEO
Federal Reserve Board Chair Janet L. Yellen (no image)
Janet L. Yellen
98 Ratings
Pros
Cons
More Pros and Cons
  1. "good place to work"

    5.0
    Current Employee - Financial Analyst in Washington, DC

    I have been working at Federal Reserve Board full-time

    Pros

    good benefits, interesting work and smart colleagues

    Cons

    not the best salary for your qualifications

    Federal Reserve Board2020-05-12
  2. "Best combination of interesting work, great pay, and amazing benefits in the Federal government."

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Recommends
    Positive Outlook

    I have been working at Federal Reserve Board

    Pros

    Academic environment Supremely intelligent work force Subject matter experts who are widely recognized in their areas of expertise Higher pay than the rest of government Best benefits in government and better than 95% of the private sector

    Cons

    Bureaucratic, though not as bad as most federal agencies Still a tendency to reward tenure over expertise/abilities Need to play politics to get into the management ranks

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    Federal Reserve Board2020-05-05
  3. Helpful (2)

    "An overall good place to work with its perks and downfalls"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Analyst in Washington, DC
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at Federal Reserve Board full-time for more than 3 years

    Pros

    Benefits, decent pay, training and development, commuter assistance, teleworking options.

    Cons

    Culture, little to no upward movement, hard to move internally, difficult to navigate, favoritism, very rigid and conservative.

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    Federal Reserve Board2020-03-09
  4. "Great place to work"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Research Assistant in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Federal Reserve Board full-time for more than a year

    Pros

    - Flexible hours - Excellent pay and benefits - Work on interesting projects - Make meaningful contributions to public policy

    Cons

    - Must be self motivated - Working with economists can be challenging

    Federal Reserve Board2020-02-22
  5. Helpful (1)

    "Research has little operational structure"

    4.0
    Current Employee - Anonymous Employee 

    I have been working at Federal Reserve Board full-time for more than 10 years

    Pros

    Positive culture, lots of fexibility, great benefits

    Cons

    Research divisions are siloed. Have no uniform strategy for operations or project management. Lack of effective communication plan between divisions and within the divisions themselves

    Federal Reserve Board2020-02-08
  6. Helpful (2)

    "Great Place to Start a Career"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Research Assistant in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Federal Reserve Board full-time for more than a year

    Pros

    -Rigor and challenge of work -Exposure to policy -Interaction with diverse groups of researchers, policymakers, programmers -Build technical skills

    Cons

    -Bureaucracy -Limited ability to select projects -Very specific focus and sometimes tedious work

    Federal Reserve Board2019-12-25
  7. Helpful (3)

    "Poor organization and adminsitration. Should watch out their econimic policies ."

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Manager in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Federal Reserve Board full-time for more than 8 years

    Pros

    Retirement benefits, work life balance to some people - who come through the network don't need to work others work hard.

    Cons

    Their administrative department called MGT division performs poorly. It is formed with a group of people known to each other but poorly skilled. MGT has their own technology shop and the qualification of technology experts leading such effort is high school. So you can imagine the fate of people who ends up there with education and knowledge. African American dominated environment and they team up against others.

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    Federal Reserve Board2020-01-28
  8. "Good first job out of college"

    5.0
    Former Employee - Research Assistant 

    I worked at Federal Reserve Board full-time

    Pros

    Work/life balance, tuition help, smart people, relaxed environment, good place to learn

    Cons

    Anyone who applies will know this but few opportunities for growth without going to grad school first

    Federal Reserve Board2019-12-10
  9. Helpful (2)

    "Amazing benefits, salary, leave and pension"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Technology Analyst in Washington, DC
    Recommends
    Positive Outlook

    I have been working at Federal Reserve Board full-time for more than 5 years

    Pros

    Amazing benefits, salary, leave and pension

    Cons

    Career growth at a slow and steady pace

    Federal Reserve Board2019-11-04
  10. "Internship"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Systems Analyst in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Federal Reserve Board full-time for more than a year

    Pros

    good amount of vacation time Great Internship program

    Cons

    Work can be boring and you don't get many opportunities to take on challenging work

    Federal Reserve Board2019-11-21
Found 205 reviews