Fannie Mae

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

1 person found this helpful  

Watch out for Fannie Mae

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

I worked at Fannie Mae

Pros

Pay and bonuses are great

Cons

Horrible leadership at the top. Old boy's network.

Advice to ManagementAdvice

Hire some diversity at the top of the company,

Doesn't Recommend
Negative Outlook
Disapproves of CEO

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

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  1. 1 person found this helpful  

    Good company that can be much better - from a full time employee for seven years

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

    I worked at Fannie Mae full-time (more than 5 years)

    Pros

    Company's mission does help American families finance and stay in their houses.
    Teamwork is overall encouraged and functioning.
    Company does promote and implement work/life balance initiatives, if you work under the right SVP who cares.

    Cons

    Continuing cost cutting and nonstop reorg lead to regular layoffs for the last several years.
    New senior management team instigate more control and procedures that cause more overhead, less work completed, thus lower the operatonal risk by implementing fewer projects.
    More meetings to discuss about work than actually doing work.
    Value outside new hires than promote from within, especially at the senior management/officer level.

    Advice to ManagementAdvice

    For the future of the company, please listen to your employee and find out which part of the senior and middle management team are wasting the tax payer's money for undue control and no critical work completed

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 3 people found this helpful  

    A Nice Place to Visit, but Don't Expect to Live There

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

    I worked at Fannie Mae full-time (less than a year)

    Pros

    Nice people, interesting work, good location, good pay and benefits.

    Cons

    Executive management is eliminating full-time positions and making the layoff survivors do more work to take up the slack. This has created an atmosphere of fear and desperation.

    Advice to ManagementAdvice

    Don't hire people for "permanent" positions and then lay them off less than a year later in a misguided attempt to save money in the short term. In the long term the cost to the company will be much greater than the benefits.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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