There are newer employer reviews for Freddie Mac

2 people found this helpful

Useless work

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

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

Pros

The pay is pretty good compared to other non financial company.

Cons

The work is meaningless. There are a lot of control departments such as internal audit to check oversight department and oversight department checks model department and external auditor such as PWC to check every department in the company. What a joke!

Advice to ManagementAdvice

This place is hopeless. Most of the executive officers are out for money not trying to do the right thing anyway.

Disapproves of CEO
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  1. 1 person found this helpful

    Process heavy, old school, beaurocratic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Development, Senior in Tysons Corner, VA
    Current Employee - Development, Senior in Tysons Corner, VA

    I have been working at Freddie Mac full-time (less than a year)

    Pros

    Decent pay, training oppurtunities available, nice location, large corporation with exposure to financial world

    Cons

    office culture, people not very helpful, manager is in driver's seat for your development, too many processes with no help as training in processes doesn't always deliver practical solutions

    Advice to ManagementAdvice

    Change onboarding - make arrangement for direct manager to be accountable for onboarding so employee and manager can build a rapport from the get go and expectations clearer

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. It's just ok

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

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

    Pros

    Lots of people leaving, so lots of room to move up. (depending on where you work)

    Cons

    Lots of people leaving. So hard to get a consistent message about the direction of the company. OK work-life balance depending on your department. Some people put in a lot of hours. Many people fighting for a pretty small compensation pie. Lots of rule bending and breaking for squeaky wheels (who are key personnel).

    Advice to ManagementAdvice

    Pay people better, and you'll get better people.

    Recommends
    Neutral Outlook
    No opinion of CEO
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