Fannie Mae

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

2 people found this helpful  

The Honest Truth

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Resource Center Customer Support Specialist I in Washington, DC
Current Employee - Resource Center Customer Support Specialist I in Washington, DC

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

Pros

Benefits and "decent" compensation. Decent work life balance. Good "foot in the door" job but most of the time can only transition if you know someone.

Cons

Too much favoritism, they hire who they want over qualifications (their own referrals), no room for growth. Continuously adding to job description with no change in compensation.

Advice to ManagementAdvice

Value your employees, stand up to YOUR upper management and just don't agree with everything thrown at you. Consider the job we handle (for this position) and know it can be stressful and affect your life outside of work. Have more room for growth and allow for training/career development to broaden your knowledge outside of the regular scope of work. Have better compensation considering the cost of living in dc/md/va and job stress. The retention rate is very low in this department mainly due to management. Hire based on qualifications and work ethic! Great company, sorry department.

Doesn't Recommend
Neutral Outlook
Disapproves of CEO

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

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  1. 1 person found this helpful  

    Avoid if you like change - used to be a great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director, Technology in Reston, VA
    Former Employee - Director, Technology in Reston, VA

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

    Pros

    Fantastic employees who are willing to make incredible sacrifices for the company, hours, weekend, work-lie balance. They are a "do what it take" group.

    Cons

    Technology organization has lost its way. Outsourcing important work to vendors with very junior resources. Change is bad to senior management - technology used to be empowered to provide value to the business. Senior management has erected so many barriers to deployments that it makes months to deploy simple changes to the production environment.

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

    A company going through turmoil

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

    I worked at Fannie Mae full-time (more than 8 years)

    Pros

    Interesting work and great benefits. Good opportunities to develop skills and get training,

    Cons

    Senior management does not make tough decisions and instead puts off making difficult decisions out of fear of making mistakes, which effectively paralyzes the company from making important changes. Not a lot of rhyme or reason for why some folks get promoted versus others who do not (to get promoted more important who you know and who can elevate you, rather than the caliber of your work).

    Advice to ManagementAdvice

    Fewer layoffs and re-train existing personnel rather than keep bringing in new staff. Make the bold decisions to transform the company and worry less about protecting fiefdoms.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
There are newer employer reviews for Fannie Mae

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