Federal Reserve Bank of Boston

Federal Reserve Bank of Boston

Boston, MA
1,200 Total Employees
1,100 Local Employees
Year Founded: 1914

Benefits at Federal Reserve Bank of Boston

The Boston Fed has very comprehensive compensation and benefits offerings, allowing us to focus on work-life balance while supporting the Bank’s primary focus - Public Service That Makes a Difference®. In addition to great healthcare, dental, prescription, and vision coverage, the Boston Fed offers a comprehensive Employee Assistance Program (EAP), health and dependent care flexible spending accounts. These benefits are available to employees, their qualified families, and domestic partners. The Boston Fed also has an onsite, state-of-the-art fitness facility, offers season flu shots, and wellness screenings.

Financial + Retirement

401(K)

401(K) matching

Performance bonus

Child Care + Parental Leave

Adoption Assistance

The Bank provides up to $5,000 in reimbursement associated with the cost of adopting a child.

Childcare benefits

Federal Reserve Bank of Boston provides backup child care assistance, including tutoring, in-home childcare and virtual child care assistance.

Company sponsored family events

The Fed Society plans family oriented events a few times throughout the year.

Family medical leave

Generous parental leave

Restricted work hours

Return-to-work program post parental leave

Office Perks

Commuter benefits

The Federal Reserve Bank of Boston offers pre-tax commuter benefits for all employees through Wage Works, including a $90 subsidy toward your transit monthly passes.

Company-sponsored outings

Fitness stipend

The Bank offers a free on-site fitness center, including classes and open 24 hours a day.

Onsite gym

Recreational clubs

Professional Development

Continuing education stipend

Customized development tracks

Job training & conferences

The Boston Fed offers employees professional development opportunities like onsite training courses and the ability to attend job related conferences and seminars.

Mentorship program

Online course subscriptions available

Paid industry certifications

Promote from within

Lunch and learns

Tuition reimbursement

Diversity

Dedicated diversity and inclusion staff

Diversity manifesto

Highly diverse management team

Mandated unconscious bias training

Diversity employee resource groups

The Boston Fed offers employees the chance to participate in employee resource groups (ERGs) and affinity groups with a specific interest. ERGs and affinity groups are a valuable component of the Bank

Hiring practices that promote diversity

We believe in the strength that comes from diverse perspectives, ideas, and approaches to solving important business problems. Our organization embraces diverse employees, constituents, and community

Health Insurance + Wellness

Dental insurance

Disability insurance

Flexible Spending Account (FSA)

Health insurance

Life insurance

Team workouts

Vision insurance

Wellness programs

Mental health benefits

Culture

Volunteer in local community

The Boston Fed participates in local volunteer activities and provides each employee with two paid volunteer days.

Flexible work schedule

We believe a hybrid remote/in-office arrangement is part of the future of work at the Boston Fed, which will ultimately offer more flexibility.

Open door policy

Open office floor plan

Pair programming

Partners with nonprofits

Through the work of our Employee Resource Groups (ERG's) and other departments within the Boston Fed, we partner with local Non Profits as a way to give back to the communities where we live and work.

Remote work program

Remote work options include: • Office-based • Hybrid/scheduled • Hybrid/ad hoc • Primarily remote

Team based strategic planning

OKR operational model

Vacation + Time Off

Generous PTO

Paid volunteer time

The Federal Reserve Bank of Boston encourages employees to give back with paid volunteer time up to 16 hours a year.

Paid holidays

Paid sick days

Additional Perks + Benefits

At a time when many organizations no longer offer a traditional pension plan, the Federal Reserve’s Retirement Plan is recognized for the value it provides in helping secure employees’ financial future during their retirement years. Fed employees are automatically enrolled in our pension plan.

Search the 21 jobs at Federal Reserve Bank of Boston

Fintech • Information Technology • Payments • Financial Services • Cryptocurrency
This position is responsible for developing and managing compelling, high-quality content for the Federal Reserve Bank of Boston's digital communications channels.
Fintech • Information Technology • Payments • Financial Services • Cryptocurrency
As a Senior Engineer of the SRE / Production Operations team for FedNow, responsible for operating the production environment, architecting solutions, implementing monitoring tools, and collaborating with internal stakeholders and customers to support the FedNow Program.
Fintech • Information Technology • Payments • Financial Services • Cryptocurrency
Lead strategic and tactical initiatives within the Technology organization, work closely with Technology Leadership Team, direct key initiatives cross-functionally, own and evolve agile practices, navigate a highly technical organization, and establish credibility with stakeholders.