Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why is it the banking agency employees always complain the most on this forum?
Ha! They're into money (greedy)!They are best compensated federal employees with the best benefits. They'll say it's because their private employment opportunities are better, thus the agencies must compete. However, the reality is that most people who work for these agencies, particularly the lifers, have no desire to live in NYC or work the hours of
private bankers. Yet, the argument is persuasive to outsiders.
You’re clueless. They would likely be attorneys. Not bankers. There is likely not a single board employee qualified to become even a corporate banker.
Fine. Let’s talk attorneys.
There are very few attorneys at the Fed who want to be in private practice. Most of them fled private practice for the agency. This job board is replete with threads about private practice attorneys who want an agency job. The only Fed attorneys who might consider a private role are in Board Legal. However, the division-based attorneys are typically moms dialing it in.
I’ve known plenty of board attorneys who have left for the private sector!
My experience was that it depended on your current salary and position ( lawyer, economist, capital markets, etc.). Typically, you can get 8-10%, but I’ve seen up to 15%. Get hoppin, grasshopper!
I’ve not known one. The only ones I saw leave the Fed either retired or went to another agency. Agency hopping is popular to get your salary up, but these people always come back to the Fed for retirement.