Federal Reserve Board Reviews | Glassdoor

Federal Reserve Board Reviews

Updated September 22, 2017
154 reviews

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154 Employee Reviews

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

  • Slow work environment, frustrating red tape, limited opportunities for non-PhD economists (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 - 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


  2. Helpful (1)

    "Poorly Treated"

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

    I have been working at Federal Reserve Board full-time

    Pros

    The pay and benefits are above average

    Cons

    Management is far below average. They treat people awfully and really could less about them. The work environment is toxic and people are made to feel less than valuable. Micromanagement is the standard technique. I'm surprised the economy hasn't collapsed.

    Advice to Management

    Promote people to management who have the ability to manage.

  3. Helpful (1)

    "A great place to work"

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

    I worked at Federal Reserve Board full-time (More than 10 years)

    Pros

    Great People; Good benefits 1% automatic and up to 7% match; FSA; Daycare (inquire within); Microsoft software (employee discount); transportation subsidy; flex time / telecomute

    Cons

    Work life depends upon the type of job / does not apply to all positions (it is not a con per say)

    Advice to Management

    Please, give more opportunities to all employees regardless of their profession to improve/ succeed professionally; not just the select few.


  4. "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.


  5. "Great work and life balance"

    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 (More than 5 years)

    Pros

    Flexible work schedules and telecommuting days. I enjoyed working here for the most part. There is space to move around to a new position if you want to try out new things. The tuition reimbursement and paid conference trips are the best!

    Cons

    Slow promotion and pay raise.


  6. "Great Place to Work"

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

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

    Pros

    Breadth of work
    Incredibly bright workforce
    Amazing benefits
    Good pay

    Cons

    Old school senior management - doesn't impede ability to do work, can just be annoying about things like teleworking etc.


  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. "Great place to work!"

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

    Pros

    Bright and friendly people
    Excellent pay and benefits
    Challenging work
    Reasonable work load, good hours
    Room for individuals to take initiative

    Cons

    Headquarters is poorly situated commute-wise. Getting to and from work can be difficult given the lack of parking and distance to the metro.

    Advice to Management

    Add more team-building activities


  10. "Office of Chief Data Officer"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Federal Reserve Board full-time

    Pros

    Good benefits, pay, flexible schedule. Work with highly intelligent people.

    Cons

    The OCDO had a toxic environment. Upper management claimed to be open and transparent but were anything but.

    Advice to Management

    Walk the walk.


Showing 154 of 178 reviews
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