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Federal Reserve Bank of Boston:What's it like to work here?

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Review averages

  • 5 employees say

    Excellent (0)
    0%
    Good (3)
    60%
    Satisfactory (2)
    40%
    Subpar (0)
    0%
    3.16
  • 0 applicants say

    Excellent (0)
    0%
    Good (0)
    0%
    Satisfactory (0)
    0%
    Subpar (0)
    0%
    0.00

Reviews for Federal Reserve Bank of Boston

Reviews - What employees say

3.16 Employees say
0.00 Applicants say
  • 26.Jul 2017
  • Employee

Inclusive / Diverse

If you are white, went to BC and don't rock the boat, this is the place for you. This is not a good place for minorities and diverse ideas are not supported. Status quo is appreciated more.

Suggestions for improvement

  • Work on creating a culture of inclusivity of thought. Senior management needs to be open to challenges. Company is way too hierarchical. Decisions take forever.

What I like about the company

The Federal Reserve Bank has a great mission and co-workers are smart and wanting to do the right thing.

What I dislike about the company

Not much room for advancement unless you are younger and don't challenge anyone. Senior management does not like to incorporate new ideas. Things move very slowly including decisions.

Company Culture
4.00
Support from management
2.00
Teamwork
2.00
Freedom to work independently
2.00
Internal Communication
2.00
Gender Equality
2.00
Attitude towards older colleagues
2.00
Career Development
2.00
Overall compensation for your work
3.00
Office / Work Environment
3.00
Environmental Friendliness
4.00
Work-Life Balance
4.00
Company Image
4.00
Job Security
4.00
Handicapped Accessibility
4.00
Workplace Safety
4.00
Challenging Work
3.00
Inclusive / Diverse
2.00

The following benefits were offered to me

Easy access to public transportation is offered 401(k) is offered Desirable office location is offered Tuition assistance is offered 401(k) Match is offered Flexible spending account is offered Paid time off is offered Healthcare (including vision and dental) is offered Life insurance is offered
  • Company
    Federal Reserve Bank of Boston
  • City
    Boston
  • Are you a Current or Former Employee?
    Former job since 2017
  • Position
    Employee

The following perks were offered to me

On site cafeteria is offered Health and wellness programs is offered Employee events is offered Fitness center on site is offered
  • 16.Sep 2016
  • Employee

What I like about the company

They have a great mission and the people there are committed and want to do the right thing.

What I dislike about the company

It's not a good place to work if you are anything but a white male. People of color and women do not have the kind of environment and opportunities they need to grow. Diversity efforts are window dressing only.

Teamwork
4.00
Gender Equality
2.00
Overall compensation for your work
3.00
Work-Life Balance
4.00
Inclusive / Diverse
2.00
  • Company
    Federal Reserve Bank of Boston
  • City
    Boston
  • Are you a Current or Former Employee?
    Former job since 2014
  • Position
    Not specified
  • 19.Aug 2016
  • Employee

Suggestions for improvement

  • Actually listen to and act on suggestions and complaints in your employee surveys

What I like about the company

Top leadership is really great and are engaged with the community

What I dislike about the company

Some folks in middle management seem to think that if they ignore a problem it will fix itself

Company Culture
4.00
Support from management
1.00
Teamwork
1.00
Freedom to work independently
1.00
Internal Communication
1.00
Gender Equality
2.00
Attitude towards older colleagues
3.00
Career Development
1.00
Overall compensation for your work
5.00
Office / Work Environment
4.00
Environmental Friendliness
1.00
Work-Life Balance
5.00
Company Image
2.00
Job Security
1.00
Handicapped Accessibility
3.00
Workplace Safety
3.00
Challenging Work
1.00
Inclusive / Diverse
5.00

The following benefits were offered to me

Flex. working hours is offered Easy access to public transportation is offered 401(k) is offered Tuition assistance is offered Paid Parental Leave is offered 401(k) Match is offered Paid time off is offered Healthcare (including vision and dental) is offered Life insurance is offered
  • Company
    Federal Reserve Bank of Boston
  • City
    Boston
  • Are you a Current or Former Employee?
    Current employee
  • Position
    Employee
  • Department
    PR/communication

The following perks were offered to me

On site cafeteria is offered Health and wellness programs is offered Employee events is offered Fitness center on site is offered

Other company profiles

Review averages

  • 5 employees say

    Excellent (0)
    0%
    Good (3)
    60%
    Satisfactory (2)
    40%
    Subpar (0)
    0%
    3.16
  • 0 applicants say

    Excellent (0)
    0%
    Good (0)
    0%
    Satisfactory (0)
    0%
    Subpar (0)
    0%
    0.00

kununu score comparisons

Federal Reserve Bank of Boston
3.16
5 reviews

Industry average (Banking/Investment Banking/Investment Management)
3.38
52,717 reviews

kununu average
3.30
2,675,000 reviews