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Federal Reserve System Employee Job Reviews in the United States

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On average, employees at Federal Reserve System give their company a 4.1 rating out of 5.0 - which is 5% higher than the average rating for all companies on CareerBliss. The happiest Federal Reserve System employees are Senior Programmer Analysts submitting an average rating of 4.2.

45%
32%
15%
8%
0%
4.1
Average Rating
(based on 53 Federal Reserve System Review Ratings)

Ratings by Category

Company Culture
4.1
Growth Opportunities
3.5
People You Work With
4.4
Person You Work For
4.1
Rewards You Receive
4.2
Support You Get
4.2
Way You Work
3.9
Work Setting
4.4
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Associate Programmer Analyst

"The Federal Reserve Bank of New York is a reputable organization with great benefits and a positive work atmosphere."

What don't you like about working at Federal Reserve System?

"Technologically speaking, change is a bit slow. We are only just now beginning to use Spring Framework and migrate our existing modules from EJB 2.0 to Spring/Hibernate. Also, Unit/Integration testing is 60-70 percent of our effort, while development is 30-40 percent. Highly process oriented environment."

What suggestions do you have for management?

"Developer machines should have more disk space and more memory; this would speed development efforts."

Senior Network Engineer

"It was good learning oppurtunity. Got to work on various technology. Worked on migration from Token ring to Ethernet."

Do you have any tips for others interviewing with this company?

"No, I dont have tips for other ppl for this company. Not sure what I can advise."

What don't you like about working at Federal Reserve System?

"The technical innovation was limited by the constrains of federal procedures. The work was at a slow pace."

What suggestions do you have for management?

"Promote technical innovation. Reduce the paper work and elaborate procedures. Haste some of the decision making."

Assistant to the Facilities Manager

What do you like about working at Federal Reserve System?

"laid back atmosphere. bosses do not ride your back about work time."

Do you have any tips for others interviewing with this company?

"Bring yourself to work."

What suggestions do you have for management?

"I no suggestions for management here at the Fed."

Division Manager

"worked P/T while working on MBA"

What do you like about working at Federal Reserve System?

"fast pace, a lot of volume, neat experience"

What don't you like about working at Federal Reserve System?

"3rd shift hours"

What suggestions do you have for management?

"more staff needed"

Operation Manager

What do you like about working at Federal Reserve System?

"I enjoyed the people I worked for and worked with. I liked the fast pace of the job and how it changed daily. Each day was different and exciting. Over the last 10 years new process were always changing operation. This change meant learing new things."

What don't you like about working at Federal Reserve System?

"Being on call 24/7. With all the changes taking place sometimes this was a headache. Having to downsize people over the last 5 years. This process caused many sleepless nights."

What suggestions do you have for management?

"Be upfront with people. Everyone should be treated equally. No department is better than another and the rules for all should be the same."

Microcomputer Support Specialist

"It was a great family oriented bank. Small enough to not be forgetten about."

What do you like about working at Federal Reserve System?

"The people were great, management gave us the freedom to work creatively. They were supportive of promotion and self improvement"

Do you have any tips for others interviewing with this company?

"They have since been bought out by Webster Bank, NA"

What don't you like about working at Federal Reserve System?

"They were a little too small for me. There wasn't too much opportunity to grow with-in the company in terms of career advancement."

Domino Developer

"A nice place to work, but there is much better."

Customer Service Representative

What do you like about working at Federal Reserve System?

"Customers, work enviroment."

Senior Customer Service Technician

"Good work location, downtown Dallas."

Administration Supervisor

"I would have continued to work for the Federal Reserve, except I had outgrown my position and the company was downsizing."

Payment Processor

"I asessed this past employment opportunity to the best of my memory."

What do you like about working at Federal Reserve System?

"It allowed me to obtain more banking knowledge and balance work and personal life because it was an evening position."

Do you have any tips for others interviewing with this company?

"I do not have any tips for others interviewing with this company because I have not worked at the Federal Reserve Bank in fourteen years."

What don't you like about working at Federal Reserve System?

"There was not anything that I disliked about working at the Federal Reserve Bank."

What suggestions do you have for management?

"I do not have any suggestions for management."

Recruiter

"Good company to start a career in."

EA to the Senior Economist

"very helpful"

What do you like about working at Federal Reserve System?

"a great learning experience about the economy."

Do you have any tips for others interviewing with this company?

"be yourself."

What don't you like about working at Federal Reserve System?

"not much. I learned much during my time there. I still keep in touch with some of my colleagues and bosses there."

Accountant

"The Federal Reserve is a good place to work but at that time I wanted more."

Sales Agent

"They gave me a great opportunity to start a career."

Federal Reserve System Reviews FAQs

Is Federal Reserve System a good company to work for?

Federal Reserve System has an overall rating of 4.1 Average Rating out of 5, based on over 53 Federal Reserve System Review Ratings left anonymously by Federal Reserve System employees, which is 5% higher than the average rating for all companies on CareerBliss. 92% of employees would recommend working at Federal Reserve System.

Does Federal Reserve System pay their employees well?

Federal Reserve System employees earn $55,000 annually on average, or $26 per hour, which is 17% lower than the national salary average of $66,000 per year. 20 Federal Reserve System employees have shared their salaries on CareerBliss. Find Federal Reserve System Salaries by Job Title.

How satisfied are employees working at Federal Reserve System?

92% of employees would recommend working at Federal Reserve System with the overall rating of 4.1 out of 5. Employees also rated Federal Reserve System 4.1 out of 5 for Company Culture, 4.2 for Rewards You Receive, 3.5 for Growth Opportunities and 4.2 for support you get.

What is the highest paying job at Federal Reserve System?

According to our data, the highest paying job at Federal Reserve System is a Airline Captain at $200,000 annually. Browse Federal Reserve System Salaries by Job Profile.

What is the lowest paying job at Federal Reserve System?

According to our data, the lowest paying job at Federal Reserve System is a Engineer at $16,000 annually. Browse Federal Reserve System Salaries by Job Profile.

What are the pros and cons of working at Federal Reserve System?

According to reviews on CareerBliss, employees commonly rated the pros of working at Federal Reserve System to be Company Culture, Growth Opportunities, People You Work With and Person You Work For, and no cons.

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