Federal Reserve Bank of New York Culture | Comparably
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At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and providing thought leadership on issues that impact the nation and communities we serve. read more
EMPLOYEE
PARTICIPANTS
48
TOTAL
RATINGS
499

Federal Reserve Bank of New York Company Culture

Federal Reserve Bank of New York Culture

This score is derived from employee ratings & reviews
3.4/5
Federal Reserve Bank of New York's Overall Culture is rated C+

Top Rated Culture Dimensions

Federal Reserve Bank of New York CEO

Top 50%Top 50% of Similar Size Companies on Comparably
John C. Williams Federal Reserve Bank of New York's CEO
John C. Williams
67 /100

Diversity at Federal Reserve Bank of New York

Top 25%Top 25% of Similar Size Companies on Comparably
B

Diverse employees at Federal Reserve Bank of New York have rated Compensation, Perks And Benefits, and Outlook as the highest categories they have scored

Women at Federal Reserve Bank of New York

Federal Reserve Bank of New York eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Top 50%Top 50% of Similar Size Companies on Comparably

Recommend to a Friend?

-3

Federal Reserve Bank of New York employees are -3% more likely to recommend Federal Reserve Bank of New York as a great place to work

28%Promoters
41%Passives
31%Detractors

Working at Federal Reserve Bank of New York

Working at Federal Reserve Bank of New York is rated average by 48 employees, across various culture dimensions. Federal Reserve Bank of New York employees are most satisfied about Perks And Benefits, Compensation, and Happiness categories, putting Federal Reserve Bank of New York’s culture in the Top 50% compared to similar sized companies on Comparably and in the Bottom 45% compared to other companies in New York. See below in detail how working at Federal Reserve Bank of New York was rated by employees.

Overall Company Culture at Federal Reserve Bank of New York

C+

Overall Company Culture at Federal Reserve Bank of New York is rated C+

Last updated months ago

Top
50%

Federal Reserve Bank of New York ranks in the Top 50% of other companies on Comparably with 1,001-5,000 Employees for Overall Company Culture Score

Federal Reserve Bank of New York Employee Reviews

Out of 28 Federal Reserve Bank of New York employee reviews, 50% were positive. The remaining 50% were constructive reviews with the goal of helping Federal Reserve Bank of New York improve their work culture.

50%
50%
Positive Reviews50%
Constructive Feedback50%

Positive Reviews From Federal Reserve Bank of New York Employees

  • What did you like most about the interview process?
    Supervisor and manager giving positive feedback
  • What are some of the best things about your team?
    We have meetings every day to discuss where we are at
  • What is the best part about your compensation package?
    Pto and Healthcare is great

Constructive Feedback From Federal Reserve Bank of New York Employees

  • Why do you feel undervalued and what would make you feel better about your compensation?
    My years of experience merits better pay.
  • What needs to change to make the company culture better?
    Need new leadership. Was once, a great place to work.
  • What does the leadership team need to get better at?
    Stop being political and at least try and care about all employees.

Federal Reserve Bank of New York Company Information

Federal Reserve Bank of New York Company Overview

At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and providing thought leadership on issues that impact the nation and communities we serve.

Federal Reserve Bank of New York was founded in 1914 and its current CEO is John C. Williams. Since its inception 112 years ago, Federal Reserve Bank of New York has grown to 3000 employees.

Federal Reserve Bank of New York Mission, Vision & Values

Federal Reserve Bank of New York Mission & Values

At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and providing thought leadership on issues that impact the nation and communities we serve.

Headquarter33 Liberty Street
New York City, NY 10045
United States of America
Websitenewyorkfed.org/
Founding Date1914
Tel(212) 720-5000
Company StatusPrivate
Jobswww.newyorkfed.org/careers
Social Sites
  • Culture Video

Federal Reserve Bank of New York Employees

Federal Reserve Bank of New York has 3000 employees. 48 employees at Federal Reserve Bank of New York have reviewed Federal Reserve Bank of New York across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Overall, the 48 Federal Reserve Bank of New York employees give their leadership a grade of C, or Bottom 45% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at Federal Reserve Bank of New York are pleased with their total compensation at Federal Reserve Bank of New York, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Federal Reserve Bank of New York are generally satisfied with their team. 48 Participants grade the quality of their coworkers a C-. Less than half believe the meetings at Federal Reserve Bank of New York are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at Federal Reserve Bank of New York believe the environment at Federal Reserve Bank of New York is positive. Most Participants believe the pace of work at Federal Reserve Bank of New York is bureaucratic. About 88% of the employees at Federal Reserve Bank of New York work 8 hours or less, while 6% of them have an extremely long day - longer than twelve hours.

Overall, the employees at Federal Reserve Bank of New York are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

A Day in the Life
A Day in the Life
Federal Reserve Bank of New York employees generally work 8.1 hrs a day
Work Hours
A Day in the Life
Employees at Federal Reserve Bank of New York report the work pace is bureaucratic
Work Pace
A Day in the Life
78% of Federal Reserve Bank of New York employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Federal Reserve Bank of New York employees most often take 20-30 paid vacation and sick days each year
Perks & Benefits
A Day in the Life
100% of Federal Reserve Bank of New York employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
Federal Reserve Bank of New York employees typically get valuable feedback on how to improve at work Once a quarter
Feedback
A Day in the Life
76% of Federal Reserve Bank of New York employees call their work environment positive
Environment

Joining Federal Reserve Bank of New York - Employee Onboarding

The prevailing opinion from employees about joining Federal Reserve Bank of New York is that the company was somewhat prepared on their first day. Federal Reserve Bank of New York employees concluded that their overall onboarding experience was negative. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Federal Reserve Bank of New York KPIs and OKRs

Employees’ understanding of Federal Reserve Bank of New York's KPIs and OKRs is essential for its success. Out of 5 Federal Reserve Bank of New York employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 2 have said yes.

AnswerPercent
Yes40%
No60%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No100%
Are the KPIs/OKRs for your department clear?

Federal Reserve Bank of New York CEO & Leadership

Federal Reserve Bank of New York CEO - John C. Williams

John C. Williams Federal Reserve Bank of New York's CEO
67 /100

Federal Reserve Bank of New York’s CEO John C. Williams started in this role in 2018. John’s approval rate is just above average, putting John in the Top 50% of all CEOs of similar-sized companies on Comparably, and in the Bottom 45% compared to the CEOs of all other companies in New York. John C. Williams is well regarded by employees for the Perks And Benefits Federal Reserve Bank of New York offers, and ranks among the Top 5% of CEOs by employees in that category. John is most liked by African American/Black employees and Male employees. With John’s leadership, Federal Reserve Bank of New York employee respondents are most happy about their Perks And Benefits and Compensation. John was rated slightly below average for Meetings.

Federal Reserve Bank of New York Leadership

The Federal Reserve Bank of New York Executive Team is rated a “C-” and led by CEO John C. Williams, Director of Research and Head of the Research & Statistics Group Beverly Hirtle, and Chief Information Officer and Head of the Technology Group Pamela Dyson

  • John C. Williams  CEO / President

    John C. Williams CEO / President

    John C. Williams serves as the CEO / President of Federal Reserve Bank of New York.

  • Beverly Hirtle Director of Research and Head of the Research & Statistics Group

    Beverly J. Hirtle is the director of research and head of the Research and Statistics Group, which provides analytic... read more

  • Pamela Dyson Chief Information Officer and Head of the Technology Group

    Pamela C. Dyson is executive vice president, chief information officer and head of the Technology Group (TG) at the... read more

  • Joshua Rosenberg Chief Risk Officer and Head of the Risk Group

    Joshua Rosenberg is executive vice president, chief risk officer and head of the Risk Group. Mr. Rosenberg oversees the... read more

  • Clive Blackwood General Auditor

    Clive W. Blackwood is executive vice president and the general auditor of the Federal Reserve Bank of New York.

  • Jack Gutt Head of the Communications & Outreach Group

    Jack Gutt is executive vice president and head of the Communications and Outreach Group at the Federal Reserve Bank of... read more

  • Helen Mucciolo Interim First Vice President and Chief Operating Officer, Chief Financial Officer and Head of the Corporate Group

    Helen Mucciolo is executive vice president, chief financial officer and head of the Corporate Group at the Federal... read more

  • Christopher D. Armstrong Head of the Operations & Resiliency Group

    Christopher D. Armstrong is executive vice president and head of the Operations and Resiliency Group at the Federal... read more

  • James Bergin Deputy General Counsel and Interim Co-Head of the Legal Group

    James Bergin serves as the Deputy General Counsel and Interim Co-Head of the Legal Group of Federal Reserve Bank of New York.

Federal Reserve Bank of New York Salaries

How much does Federal Reserve Bank of New York pay?

How much do people at Federal Reserve Bank of New York get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Federal Reserve Bank of New York is $119,091, or $57 per hour, while the estimated median salary is $114,983, or $55 per hour.

At Federal Reserve Bank of New York, the highest paid job is a Director of Sales at $213,942 annually and the lowest is an Admin Assistant at $47,338 annually. Average Federal Reserve Bank of New York salaries by department include: Business Development at $117,194, Design at $135,874, Finance at $92,954, and Sales at $148,306. Half of Federal Reserve Bank of New York salaries are above $114,983.

20 employees at Federal Reserve Bank of New York rank their Compensation in the Top 10% of similar sized companies in the US (based on 68 ratings) while 19 employees at Federal Reserve Bank of New York rank their Perks And Benefits in the Top 5% of similar sized companies in the US (based on 24 ratings).

Salaries contributed from Federal Reserve Bank of New York employees include job titles like Senior Developer, QA Manager, Business Analyst, and IT Manager. Comparably data has a total of 6 salary records from Federal Reserve Bank of New York employees.

Last updated months ago.

1st Percentile
$67k
$67k1st Percentile
17th Percentile
$92k
$92k17th Percentile
33rd Percentile
$114k
$114k33rd Percentile
50th Percentile
$176k
$176k50th Percentile
67th Percentile
$228k
$228k67th Percentile
83rd Percentile
$272k
$272k83rd Percentile
100th Percentile
$297k
$297k100th Percentile
$119,091*
Average Compensation
$114,983*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Federal Reserve Bank of New York Salaries by City

Federal Reserve Bank of New York Salaries by Department

Explore Federal Reserve Bank of New York Salaries

Diversity & Inclusion at Federal Reserve Bank of New York

Diverse employees at Federal Reserve Bank of New York score the company 75/100 across various culture categories, placing Federal Reserve Bank of New York in the Top 25% of companies on Comparably with 1,001-5,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Federal Reserve Bank of New York across various culture dimensions.

Ranked Culture the Highest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Ranked Culture the Lowest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Federal Reserve Bank of New York Perks & Benefits

The Federal Reserve Bank of New York offers a comprehensive benefits package. Our health, financial and lifestyle benefits are competitive with those of top employers across the country. For an overview of our benefits package, visit our website: https://www.newyorkfed.org/careers/benefits_health.html.

Health & Wellness

  • Dental Insurance
  • Vision Insurance
  • Health Insurance
  • Life Insurance

Paid Time Off

  • PTO / Vacation Policy
  • Paid Holidays
  • Maternity / Paternity Leave

Financial Benefits

  • 401K / Retirement Plan
  • Tuition Reimbursement

Office Perks

  • Legal Assistance
  • Work From Home Policy

Federal Reserve Bank of New York PTO

Federal Reserve Bank of New York's PTO and Vacation policy typically gives 20-30 days off a year. Paid Time Off is Federal Reserve Bank of New York's most important benefit besides Healthcare when ranked by employees, with 50% of employees saying it is the most important benefit. Federal Reserve Bank of New York's benefits and PTO Package averages to represent a $2500+ cash value per month.

AnswerPercent
Flex Time25%
Vacation Policy50%
Office Meals0%
401k Contribution25%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes0%
No100%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo75%
$1500 - $2500/mo0%
$1000 -$1500/mo0%
$500 -$1000/mo0%
Less than $500/mo25%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

Federal Reserve Bank of New York Careers

Federal Reserve Bank of New York Jobs

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H1B Visa

In 2019, Federal Reserve Bank of New York applied for 9 H1B visas. Of the work permits applied for, 100% were approved.

Work Permit Application Outcome

Federal Reserve Bank of New York has a total of 3000 employees

9
Total Applied
  • 100% Granted (9 out of 9)
  • 0% Denied ( out of 9)
  • 0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 9)
  • 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 9)

This data was calculated using publicly sourced data from OFLC Performance Data

Let Federal Reserve Bank of New York Know You Want To Work There

Overview of Candidates Interested in Federal Reserve Bank of New York on Comparably

Candidates By Department

All Industries
35%
IT
20%
Engineering
15%
Sales
10%
Customer Support
5%
Other
15%

Candidates By Location

New York City
90%
Jersey City
5%
Pearl River
5%

Frequently Asked Questions regarding Federal Reserve Bank of New York

What is Federal Reserve Bank of New York address?

Federal Reserve Bank of New York location is at 33 Liberty Street

Who is the CEO of Federal Reserve Bank of New York?

Federal Reserve Bank of New York CEO is John C. Williams, their score by employees is 67

What is Federal Reserve Bank of New York eNPS?

The eNPS for Federal Reserve Bank of New York is -3

What is the salary for Lead Engineer in Federal Reserve Bank of New York?

Lead Engineer average salary in the US is 152k

What are the salaries in the Legal in Federal Reserve Bank of New York?

The average salaries for Legal in Federal Reserve Bank of New York is 140k

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