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Freddie Mac – “Good place to work with a lot of internal problems.

Mar 1, 2009

3.0

Freddie Mac Senior Analyst in Washington, DC:   (Current Employee)

Pros

Great benefits and competitive salaries. Good location, great gym and cafeteria.

Cons

Incopotenet senior management, too many middle-managers and directors with no direct reports, but who have huge, over $120K, salaries. The review process is very ineffective and many incopetent managers simply unable to give good feedback or criticize constructively. The IT environment is pityful: millions of dollars were wasted on project that were later written off, unbeleivable budgets and consultant spending for IT projects and system implementations which are then purged.

Advice to Senior Management

Shape up and make the company relevant. With the new Market-based compensation, things should improve.

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Freddie Mac Overview (FRE )
Web
www.freddiemac.com
Industries
Size
1000 to 5000 Employees, $43B+ Revenue
HQ
McLean, VA


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