Federal Reserve Board Reviews | Glassdoor

Federal Reserve Board Reviews

Updated August 23, 2017
61 reviews

Filter

Filter


4.0
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
(no image)
Janet L. Yellen
24 Ratings

61 Employee Reviews

Sort: PopularRatingDate

Pros
  • Work-life balance is great, everyone goes home after 8 hours unless there is an urgent problem present (in 24 reviews)

  • Flexible work schedule along with great benefits (in 19 reviews)

Cons
  • Slow work environment, frustrating red tape, limited opportunities for non-PhD economists (in 4 reviews)

  • You will run into a bit bureaucratic red tape but it is far worse in other 'true' Government Departments (in 4 reviews)

More Pros and Cons

  1. "DCCA Intern"

    StarStarStarStarStar
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at Federal Reserve Board as an intern

    Pros

    Worked on great projects.

    Cons

    Not many young people. Many employees have been at Board from 15+ years.

    Advice to Management

    N/A


  2. "Good place to work"

    StarStarStarStarStar
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at Federal Reserve Board as an intern

    Pros

    Friendly people and good resources to learn. Interesting and meaningful work.

    Cons

    Sometimes have to "wait around" for things to get done

  3. "Federal Reserve IT"

    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

    Friend community, very relaxed and people are helpful

    Cons

    Management generally not responsive and active in creating a constructive culture.


  4. "Good pay, technology backwater"

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

    I have been working at Federal Reserve Board full-time (More than 5 years)

    Pros

    Smart people, can do big projects if motivated

    Cons

    Limited opportunities for non- PhD staff.


  5. "Great place to work"

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

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

    Pros

    Good training, enjoyable atmosphere, and supervisor was great.

    Cons

    Repetative work, and need more room for advancement


  6. "Great place to work"

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

    I have been working at Federal Reserve Board full-time (More than 10 years)

    Pros

    Dedicated, knowledgeable people who are striving to get the right answer with little office politics.

    Cons

    There can be a lot of filters and over-editing.


  7. "Research Assistant"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Federal Reserve Board full-time

    Pros

    Brilliant staff and great benefits.

    Cons

    Standard procedures were sometimes inefficient

  8. "Research Assistant"

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

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

    Pros

    Brilliant people, young city, great for graduate school

    Cons

    If you're not going to get a PhD in Economics it probably isn't for you


  9. "Fantastic learning experience"

    StarStarStarStarStar
    Former Employee - Senior Research Assistant in Washington, DC
    Former Employee - Senior Research Assistant in Washington, DC
    Recommends
    Approves of CEO

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

    Pros

    - Tons of learning on-the-job, particularly with statistical programming (only had undergraduate experience with Stata before my time at the Fed). Most RAs go on to PhD programs after their time at the Fed, but my experience made me realize a PhD was not right for me. This was as valuable to me as entrance to a top 10 program would have been.
    - True 9 to 5 if you want it to be.

    Cons

    - Learning is limited--you will probably get everything you can out of this job within 2 years. The job is not built for growth though (you're supposed to leave within 2-3 years), so it makes sense.
    - As with any job, Economists are hit or miss. Try to find one who will mentor you.


  10. Helpful (1)

    "Good Quasi-Government"

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

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

    Pros

    Great people to work for. Great benefits.

    Cons

    Work can become monotonous/"busy" work and drains creative juices.

    Advice to Management

    Encourage more team building and make upper management take personal development classes.


Showing 61 of 177 reviews
Reset Filters