Freddie Mac

www.freddiemac.com
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1 person found this helpful  

Overloaded

  • 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 (less than an year)

Pros

Great training opportunities
Great community support
Nice employees
Smart employees
Good career opportunities

Cons

Middle management is completely overloaded
Culture in transition from what it was in its hay day to a mad dash for results with minimal planning.
Leadership views employees as incompetent because they can't meet the unrealistic expectations.
4 reorganizations in the 6 months I worked there. 3 more in the 5 months since I left.
Lots of layoffs occurring which creates unstable employment environment.

Advice to ManagementAdvice

Push hard for results ... it is required; however, establish realistic expectations. Check in on your middle management to see how they are. Care about them and help them manage their stress. You need them to be engaged.

Doesn't Recommend
Negative Outlook
No opinion of CEO

379 Other Employee Reviews for Freddie Mac (View Most Recent)

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  1. 2 people found this helpful  

    Okay but Management has issues

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

    I worked at Freddie Mac full-time (more than 5 years)

    Pros

    The people are very nice. They have a gym on-site, allow teleworking and free soda.

    Cons

    I was there 5 years and worked in the IT support area. My co-workers were good but to give you an example of the people they choose for management: the manager of the Desktop Support area has never worked in IT support ever(!), he didn't even know all of the names of the people in his group, and acts like he has Asberger's syndrome. Worse manager ever!

    Advice to ManagementAdvice

    Be more careful about who is selected for management positions. Try to be more employee focused. They lose good employees every day!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Unstable but good benefis

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

    I worked at Freddie Mac full-time (more than 5 years)

    Pros

    benefits are great. people are great

    Cons

    Unstable environment. once you are in, you hardly get a raise; so negotiate before entering

    Advice to ManagementAdvice

    Stop reducing cost for selfish gain

    Recommends
    Negative Outlook
    Disapproves of CEO
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