There are newer employer reviews for Freddie Mac
There are newer employer reviews for Freddie Mac

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Transient Landscape

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

I worked at Freddie Mac full-time (More than a year)

Recommends
Neutral Outlook
Disapproves of CEO
Recommends
Neutral Outlook
Disapproves of CEO

Pros

Huge Employer, Fringe Benefits, Collaborative work environment. There are a lot of smart people around, but need to align yourself and your career with their's to reap maximum benefit

Cons

Too many re-orgs happening due to recent economic crisis. As the company tries to find its optimal level of performance, the process of head count reduction and changing job descriptions can be painful at times

Advice to Management

none

0 reviews filtered by
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  1. financial analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in McLean, VA
    Current Employee - Financial Analyst in McLean, VA

    I have been working at Freddie Mac full-time (More than 5 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    work life balance, opportunity to learn,

    Cons

    low moral, no career advancement

    Advice to Management

    raise moral


  2. Helpful (1)

    Message for Contract Workers Hoping to Get Hired On - Stay Away

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Analyst in McLean, VA
    Former Contractor - Analyst in McLean, VA

    I worked at Freddie Mac as a contractor (More than a year)

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

    Pros

    I was fortunate in that I had a decent direct-manager, otherwise I would not have stayed as long as I did.

    Cons

    If you are a contract worker, which I was for 2 years, expect to be treated very poorly. There is very little training - it's sink or swim here. You cannot attend most of their meetings, thus you have little idea of what's going on within the company. In the meetings that they do let you attend, you will get to watch them give themselves awards (monetary) for work that you have done. You will find that many FTE's enjoy flaunting their positions/great benefits/telework etc. that you can't have (which I found childish). You do not get an actual desk. Instead, you will sit at a cramped table/cube where you can't even stretch out your legs. The exploitation of cw's by Freddie Mac should be illegal. I was told they were going to hire me as an FTE after my 2-year contract was up. But alas, a few months before my contract expired, it was "sorry, we can't hire you", even though my work was exemplary and I literally carried the small department I was in for most of the time I was there. When your contract expires, there is a mandatory 3-month layoff, after which they have the balls to ask to you come back under the same scenario - no benefits, no status. Obviously, Upper Management does not care about the work being done. By this I mean the quality of the work. They do not recognize good cw's who deserve to be hired. Morale is low, even for FTE's who are making good money and getting good benefits. If only they could see what's it's like on the other side as a cw. Maybe they wouldn't complain so much. I've heard it said, "what goes around comes around." If that's so, Freddie Mac is in for a big fall, and I'd have to say they deserve it!

    Advice to Management

    Fire yourselves. :) You really need to go. Place good people in management who care about the work being done, and also about people.


There are newer employer reviews for Freddie Mac
There are newer employer reviews for Freddie Mac

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