Health and financial benefits are not the only ways to improve
the quality of life. The following are additional benefits
the Bank provides to help employees balance their personal
and professional goals.
Employees enjoy generous vacation entitlements based on
their specific job, work hours and length of service.
The Bank observes the following ten federal holidays: New
Year's Day, Martin Luther King, Jr.'s Birthday, Presidents'
Day, Memorial Day, Independence Day, Labor Day, Columbus
Day, Veterans Day, Thanksgiving Day and Christmas Day.
The Bank offers a menu of alternative work schedules to
help balance career and personal needs.
The Bank's Tuition Assistance Program (TAP) provides reimbursement
to employees for approved undergraduate and graduate educational
expenses.
An Adoption Assistance Plan helps eligible employees cover
the costs of adopting a child.
LifeCare.com is a counseling and referral service available
to help employees evaluate all types of child and elder
care services, from hiring a baby sitter for a child to
choosing a nursing home for an elderly relative.
The Bank provides back-up child care for employees' children
between the ages of 3 months and 12 years when normal day
care arrangements are temporarily unavailable. The provider,
Liption Corporate Child Care, has a downtown facility close
to the Bank, as well as locations in midtown Manhattan,
White Plains, NY, Jersey City, NJ, and Florham Park, NJ.
The Bank makes medical and dental coverage available to
domestic partners of employees and their dependents. In
addition, bereavement, family illness, and family care leave
policies may also apply to domestic partners.
The Bank maintains full service cafeterias at all of its
locations.
The Bank offers staff members a variety of discounts ranging
from Broadway tickets to eyeglasses.
The Federal Reserve Club plans and coordinates social and
recreational activities for employees.
The Bank strives to create a relaxed work atmosphere while
ensuring that a positive professional image is maintained
with staff and visitors. As a result, business casual attire
is the Bank standard and is considered appropriate in most
circumstances.
The Bank offers employees free electronic filing of federal
and state income tax returns. This service is currently
provided through QuickFile USA, a company specializing in
electronic tax filing services.