Freddie Mac Reviews

Updated June 24, 2015
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130 Employee Reviews

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  1. Great company mission

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Freddie Mac full-time (More than 5 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    The people are generally smart and driven; Benefits are competitive to the market, Internal training opportunities are expansive, great support for obtaining professional certifications

    Cons

    Restructuring cycle every 3 or 4 years with shifts in the senior leadership; a mix of new leaders have come from other firms and are working to get aligned


  2. Great work life balance.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Freddie Mac

    Pros

    The company offers great benefits and flexible work hours.

    Cons

    Upward mobility can be a challenge.


  3. Great company, allows gorwth

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Financial Analyst in McLean, VA
    Former Employee - Senior Financial Analyst in McLean, VA

    I worked at Freddie Mac full-time (More than 5 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    flexible hours and excellent traiing

    Cons

    up in air as to what will happen with company


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  5. Good place to retire but not so good if you would like to make top $$$

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Engineer in McLean, VA
    Former Employee - Senior Software Engineer in McLean, VA

    I worked at Freddie Mac full-time (More than 3 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good benefits. Good work life balance.

    Cons

    Too many re-orgs and frequent changes of the manager. The salary is not great.


  6. Freddie Mac

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Performance Reporting Analyst in McLean, VA
    Current Employee - Performance Reporting Analyst in McLean, VA

    I have been working at Freddie Mac full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great environment, flexible work schedule, knowledgeable peer and management, always informed of program, very informative, enjoyable work environment, great benefits, great location.

    Cons

    I really can not say that there are too many cons from my perspective other than the lack of availability for promotions. I have gone above and beyond in my position and and have not been promoted or compensated accordingly.


  7. Asset Management

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in McLean, VA
    Current Employee - Senior Analyst in McLean, VA

    I have been working at Freddie Mac full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good co-workers. Company has many avenues for advancment and further development.

    Cons

    Uncertainity with the future of the company


  8. I enjoyed working for Freddie Mac

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Freddie Mac full-time (More than 3 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    For me, overall working for Freddie Mac was a good experience. The company has good benefits, good training and growth opportunities. My colleagues were good and fun to work with.

    Cons

    Employees of Freddie Mac at times have very low morale and engagement levels because of rampant re-organizations. Uncertainty about the future of the company also impacts employee morale.Like any other organization, the pros and cons vary between different departments of the organization.

    Advice to Management

    Improve accountability, and reduce number of re-organizations.


  9. Overall, great place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engineer Associate in Reston, VA
    Current Employee - Engineer Associate in Reston, VA

    I have been working at Freddie Mac full-time (More than 5 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Benefits are awesome as well as the flexibility
    Majority of the employees are great to work with
    Free coffee and soft drinks is always a plus
    Pay is decent

    Cons

    Senior management is always changing and the room for growth seems to be diminishing
    2% increase seems to be the max each year, if any…
    People that work really hard for the company seem to be overlooked

    Advice to Management

    Pay those that work hard for the company


  10. Great Company - No Pay increase with promotions

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in McLean, VA
    Current Employee - Analyst in McLean, VA

    I have been working at Freddie Mac full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The culture is great and they allow employees to work from home.

    Cons

    I have a net 2% raise with the last 3 promotions, more work but no extra pay.

    Advice to Management

    Pay your talent


  11. Great people, interesting work, but uncertain future.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in McLean, VA
    Current Employee - Anonymous Employee in McLean, VA

    I have been working at Freddie Mac full-time (More than 5 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    The best reasons to work here are the collaborative culture and the amazing people. As others have stated, the employees at Freddie Mac are fabulous. They are intelligent, motivated, hard working and driven.

    Cons

    Executive management changes frequently and current leadership is very hierarchical and old school. Freddie Mac's future is uncertain and will be dictated by Congress. Frequent negative media attention and there is a general public misunderstanding of Freddie Mac's purpose, mission, and role in the housing market.

    Advice to Management

    Find a way to encourage the already existing collaborative/teamwork environment while addressing inefficiencies that may exist. Collaboration/teamwork and corporate competitiveness in the market are not mutually exclusive goals.



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