There are newer employer reviews for Fannie Mae
There are newer employer reviews for Fannie Mae

See Most Recent

A great place to work

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Senior Systems Analyst in Reston, VA
Former Employee - Senior Systems Analyst in Reston, VA
Recommends
Neutral Outlook
Approves of CEO

I worked at Fannie Mae full-time (More than 10 years)

Pros

Work life balance, tele-working, and compensation

Cons

uncertain future, outsourcing IT, limited advancement opportunities

Other Employee Reviews for Fannie Mae

  1. Helpful (4)

    Sinking ship

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Fannie Mae full-time

    Pros

    They are at the forefront of industry changes.

    Cons

    They are at the mercy of FHFA, their regulator. Low morale and pay, high turnover.

    Advice to Management

    Stop wasting time with internal demands and allow more autonomy to employees. Stop acting as if there's a future or any certainty with the future. Receivership is imminent and help employees wind down gracefully.


  2. Helpful (1)

    Not very good place to work for.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Devl Analyst in Washington, DC
    Current Employee - Applications Devl Analyst in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Fannie Mae full-time (More than 10 years)

    Pros

    Fannie Mae can offer flexibility, especially in being able to work at home, as if you work at home more than 2 days a week you give up your office space. Some areas of the company could be interesting, and some areas are deadly dull

    Cons

    Fannie Mae is very bureaucratic, possibly more so than the federal government. However, the federal government gives some stability whereas Fannie Mae offers no stability. There is a LOT of politics at Fannie Mae, upper management is constantly changing, and nobody's job is secure from layoffs. There have been frequent rounds of layoffs during my 13 years, even recently when Fannie Mae has had record profits -- and many of these people layed off were employees around for a long time with a lot of knowledge -- and then Fannie Mae will hire new people to replace them and pay them less. Fannie Mae absolutely has no loyalty to employees and does not value them, so if you work here you have to look out for yourself only and get as much as you can from Fannie Mae while you can.

    Advice to Management

    Start showing employees that they are valued, and retrain employees to perform different job functions rather than laying them off and hiring new and cheaper people and training them, and the long term benefits reaped from doing this would dwarf the small term benefits of laying them off.


There are newer employer reviews for Fannie Mae
There are newer employer reviews for Fannie Mae

See Most Recent

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