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Freddie Mac – “Red-tape bureaucracy, but lot's of benefits and good pay.

Oct 3, 2009

3.0

Freddie Mac Intern in McLean, VA:   (Current Employee)

Pros

- Only have to work 39 hours a week
- Pay is great for an entry-level job, 9% performance bonus, sign-on bonuses cumulating to $7,000
- $12,000 off your first home
- Job stability
- Exposure to senior management
- Not much responsibility and work is easy
- Laid back culture
- Fun people to be around

Cons

- Little room for professional growth
- Management hired outside of the company
- Industry future is uncertain
- When you're in the mortgage industry, it's hard to get out
- DC traffic
- Lazy culture

Advice to Senior Management

Stop wasting so much time in unnecessary meetings and spend some time with your employees. Learn what they are actually doing. Leaders are not just bosses.

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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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