About Us

Glassdoor is your free inside look at Freddie Mac reviews and ratings — including employee satisfaction and approval rating for Freddie Mac CEO David Moffett. All reviews posted anonymously by Freddie Mac employees.

Search

for

in

Freddie Mac – “Some good things, a lot of bad things, depending on department

Apr 11, 2009

3.0

Freddie Mac Manager in McLean, VA:   (Past Employee - 2008)

Pros

The benefits are good and the building facilities are good. The pay was fair.

Cons

They don't respect employees. They say they promote work/life balance but in reality it doesn't happen. If you try to have a life outside of work you are viewed as not being devoted to the job or the company and you feel guilty even though you know you put in a good day's work. They don't appreciate the long tenured employee as they have laid off a substantial number of employees who were there more than 20 years but they keep hiring "college hires" at a cheaper salary but they don't know the business.

Advice to Senior Management

Listen to employees the next time you want to come out with some funky product or program. Those of us with a credit background new the alternative documentation programs were a bad idea but you wouldn't listen to us. You just kept seeing $$$$. Now as a result the company is in the ground and many good employees are gone. Improve the communication!!! It has been a problem for years. You need to be honest with employees and not treat them like they are idiots or like they don't matter.

Comments (0)

Post your anonymous review or sign in to comment on this review
Freddie Mac Overview (FRE )
Web
www.freddiemac.com
Industries
Size
1000 to 5000 Employees, $43B+ Revenue
HQ
McLean, VA


Flag this {0} as inappropriate

Would you like us to review something? Please describe the problem with this {0} and we will look into it.

Flag this {1} Cancel

Advanced Search Reset

What

Where

How

or Cancel