Fannie Mae

www.fanniemae.com
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There are newer employer reviews for Fannie Mae

1 person found this helpful  

It is hard working at Fannie Mae

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

I have been working at Fannie Mae full-time (more than 5 years)

Pros

The people are good - caring, nice easy to work with. Access to the latest technologies. Fast paced, never an opportunity for idle time.

Cons

They are outsourcing all of IT will be gone in the next 12 months or so. Little opportunities for job growth - or movement. Managers with preconceived ideas, little thinking outside the box. Very political. Little ability to trust SMEs within the company to look out for the companies interest. Lots of waste on bringing in consultants to say the same thing employees are saying.

Advice to ManagementAdvice

Really outsourcing - you are destroying the company. Who would you rather have on your team a mercenary or a patriot? Seems you believe you can get a better product with someone who is there for the money rather than believing in the function of the company.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

509 Other Employee Reviews for Fannie Mae (View Most Recent)

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  1. 1 person found this helpful  

    Very inefficient and mismanaged company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Engineer in Washington, DC
    Current Employee - Financial Engineer in Washington, DC

    I have been working at Fannie Mae full-time (more than 3 years)

    Pros

    - Salary and Benefit is above industry average
    - Not very stressed working environment

    Cons

    - Extremely inefficient
    - Focus on the process rather than productivity

    Advice to ManagementAdvice

    - Improve efficiency should be the highest priority

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    One of a kind company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Washington, DC
    Current Employee - Manager in Washington, DC

    I have been working at Fannie Mae full-time (more than a year)

    Pros

    I believe Fannie offers the best benefits and compensation compared to similar companies in the same industry and area.

    Cons

    One needs to have a strong relationship with someone with power (who you know) rather than performance/skills (what you know) to move up the ladder.

    Advice to ManagementAdvice

    Turnover rate is increasing, morale is decreasing, need to figure out a plan to response to this issue.

    Recommends
    Positive Outlook
    No opinion of CEO
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