There are newer employer reviews for Fannie Mae

 

Great Company to work for

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Senior Developer  in  Herndon, VA
Former Employee - Senior Developer in Herndon, VA

I worked at Fannie Mae

Pros

* Comptetive Salary.
* Lot of perks like 8% 401k matching
* Good bonus structure
* No stress at all

Cons

I don't see any downside other than company not doing that well. Not much growth after joining the company

Advice to ManagementAdvice

Try to bring Fannie back to profit making company

Approves of CEO

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

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  1.  

    Turbulent times at Fannie Mae

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

    I have been working at Fannie Mae

    Pros

    Nice Work / Life Balance
    Interesting business issues to support

    Cons

    Instability / uncertainty due to current financial crisis
    Heavy turnover in senior management
    Potential for further downsizing in the event of a merger with Freddie Mac
    Government conservatorship is stiffling innovation

    Advice to ManagementAdvice

    Top priority to re-assure employees is to address FNMA's longterm future with the Department of the Treasury

    Doesn't Recommend
    Approves of CEO
  2.  

    Fannie Mae is a good place to work at.

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

    I have been working at Fannie Mae

    Pros

    Fannie Mae values diversity and allows flexible work options. Senior management has pun an emphasis on volunteer work this year (2009) and promotes our mission in helping housing market. This makes employees feel valuable to the comunity. The company offers competitive benefits. It is an excelent place to work for if you are a working mother or plan to take advantage of maternity benefits.
    The company has had layoffs in the past 2 years, but has always provided severance packages.

    Cons

    Jobs are not as secure as they used to be, and the layoffs may affect even the most gifted people. Sometimes it feels like politics play a bigger role than a fact based decision making.

    Advice to ManagementAdvice

    Culture change has not happened in the last 4 years since the company started putting an emphasis on it.

    Approves of CEO
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