Federal Home Loan Bank of Chicago Claimed Company

The mission of the Federal Home Loan Bank of Chicago is to partner with our member institutions in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment in the Bank, and support for community investment activities. FHLBank Chicago is one of 11 Federal Home Loan Banks chartered by the U.S. Congress in 1932 to promote homeownership. Our members include banks, thrifts, credit unions, insurance companies, and community development financial institutions throughout our District. read more

EMPLOYEE PARTICIPANTS: 11

TOTAL RATINGS: 151

CEO: Michael Ericson

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Millennials at Federal Home Loan Bank of Chicago

Work life balance, mentorship & professional development, and perks & benefits are all important to the millennial.

Work Life Balance & Community Outreach at Federal Home Loan Bank of Chicago

Millennials working at Federal Home Loan Bank of Chicago and everywhere else are striving for a balanced life. At Federal Home Loan Bank of Chicago, the majority of employees are satisfied with their work life balance. The average Federal Home Loan Bank of Chicago employee receives 20-30 paid days off per year, and socializes with their peers once a quarter outside of work. See what employees at Federal Home Loan Bank of Chicago think about their work life balance.

Answer	Percent
Yes	50%
No	50%

Are you satisfied with your work/life balance?

Answer	Percent
Unlimited	0%
20-30 days	34%
15-20 days	33%
10-15 days	33%
0-10 days	0%

How much paid vacation and sick days can you take a year?

Answer	Percent
Weekly	0%
Monthly	0%
Sometimes	0%
Infrequently	0%
Never	0%

How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at Federal Home Loan Bank of Chicago

Within Chicago, 39% of millennials shared they have a mentor. At Federal Home Loan Bank of Chicago, 33% of millennials say they receive mentorship, which leads to the assumption that Federal Home Loan Bank of Chicago is a great place to work for millennials focused on their professional growth. See what employees think about mentorship and professional growth at Federal Home Loan Bank of Chicago.

Answer	Percent
Yes	33%
No	67%

Do you have a mentor at work?

Answer	Percent
Yes	50%
No	50%

Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at Federal Home Loan Bank of Chicago

Employees at Federal Home Loan Bank of Chicago have ranked their perks and benefits in the Top 25% of companies within Chicago and in the Top 25% of similarly-sized companies on Comparably. When asked to estimate how much employees think Federal Home Loan Bank of Chicago spends on their benefits, the most common answer selected is $2500+/mo. Learn about perks & benefits at Federal Home Loan Bank of Chicago.

Answer	Percent
Yes	83%
No	17%

Are you satisfied with your Benefits?

Answer	Percent
Yes	67%
No	33%

Do your company's benefits play a part in staying at that company?

Answer	Percent
Paid Time Off	50%
Career Training	0%
Decision Making	0%
Fun Culture	50%
Retirement Contribution	0%

What Doesn't Your Company Provide, that You Want?

Retaining Millennials at Federal Home Loan Bank of Chicago

It’s difficult to retain a millennial, and all three aforementioned sections listed bear importance. To recap, Federal Home Loan Bank of Chicago employees rate their work life balance a B+. They do not think highly of Federal Home Loan Bank of Chicago's professional growth opportunities. Employees have graded Federal Home Loan Bank of Chicago's perks and benefits a B. These ratings and reviews lead us to conclude that Federal Home Loan Bank of Chicago is a suitable company for the millennial workforce. Learn more about Federal Home Loan Bank of Chicago's efforts to retain employees.

Answer	Percent
Yes	50%
No	50%

Would you leave your current job for a 20% raise at a different company?

Answer	Percent
Yes	100%
No	0%

Do Your Company Leaders Do What They Should to Retain You as an Employee?

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Millennials at Federal Home Loan Bank of Chicago

Work Life Balance & Community Outreach at Federal Home Loan Bank of Chicago

Mentorship and Professional Growth for Millennials at Federal Home Loan Bank of Chicago

Sentiment Toward Perks & Benefits at Federal Home Loan Bank of Chicago

Retaining Millennials at Federal Home Loan Bank of Chicago

Millennials at Similar Sized Companies in Chicago

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