There are newer employer reviews for Freddie Mac

2 people found this helpful

Good company and good people.

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

I have been working at Freddie Mac full-time (more than 8 years)

Pros

People are very friendly and given the quasi-govt status, much laid back atmosphere.

Cons

Some of the people weren't motivated and occasionally you see people who are very incompetent but still manage to move up the ranks through "friendship and relationship".

Advice to ManagementAdvice

Please stop "talking" about changes and motivation but rather make the place really driven by skills and performance.

Doesn't Recommend
Negative Outlook
No opinion of CEO
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  1. Good company to work for, lack management overview.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service Representative in McLean, VA
    Former Employee - Customer Service Representative in McLean, VA

    I worked at Freddie Mac full-time (more than 10 years)

    Pros

    Loyal employees, loyal customers. Allowed to work from home minimum 2 days a week, employees get to choose the days.

    Cons

    Some management have bigheads, forget their jobs and treat employees like numbers. Never praised for good work done. Have chosen employees for all special projects. Don't all senior employees to move up.

    Advice to ManagementAdvice

    Teat all direct reports the same, give all employees an opportunity to work on special projects.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. Great Name, Great Company & Great Experience

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

    I have been working at Freddie Mac full-time (more than 3 years)

    Pros

    - Great Work Life Balance
    - Decent Pay (i think)
    - Great benefits
    - Good experience to have on resume

    Cons

    - High Turnover, local recruiters will tell you that Freddie easily fires or creates a brain-drain
    - Aging employee base, not the greatest place for 20-somethings
    - Transparency & Accountability
    - Hard to get promoted in a group

    Advice to ManagementAdvice

    (1) I think the firm needs to look into hiring more young professionals that could bring different experiences, approaches and innovations. The current employee base is older and has been working for Freddie for years, so this doesn't allow the firm to reach its highest potential.

    (2) More transparency needs to be shown as well as accountability.

    Recommends
    Positive Outlook
    No opinion of CEO
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