No. 1, Large Employer, Top Workplaces 2016
St. Louis employees: 1,236
Description: The Federal Reserve Bank of St. Louis was established in 1914, after the creation of the Federal Reserve System in 1913. The Fed System includes 12 independent, regional Reserve Banks, in addition to the Board of Governors in Washington, D.C. The Federal Reserve’s Eighth District covers all or parts of Missouri, Illinois, Indiana, Kentucky, Tennessee, Mississippi and Arkansas. It is headquartered in St. Louis, with branches in Little Rock, Louisville and Memphis. The St. Louis Fed’s most critical functions include:
- promoting stable prices and economic growth.
- fostering a sound financial system.
- providing payment services to financial institutions.
- supporting the U.S. Treasury's financial operations.
- advancing economic education, community development and fair access to credit.
Benefits: The St. Louis Fed offers a benefits package that reflects employees’ needs — and those of their family.
- Medical/Dental Coverage: Healthcare coverage includes domestic partner benefits.
- Life Insurance: Employees are covered by life insurance that provides financial protection for family members.
- Retirement Plan/Thrift Plan, including 401(k): Employees are able to participate with full vesting after five years of service.
- Educational Assistance: For employees enrolled in approved degree programs.
- Paid Time Off: Paid time off that includes holidays, vacation and sick leave.
- Flex Spending Accounts: Employees can set aside pretax dollars for eligible medical and dependent-care expenses.
- Adoption Assistance: The Bank offers aid for qualified adoption expenses.
- The Bank also provides the option to purchase other benefits, including back-up care for dependents.
Employees also appreciate other work-life offerings: Health/wellness programs, financial planning assistance, business-casual attire
Profile information provided by employer via WorkplaceDynamics.