Freddie Mac

www.freddiemac.com

Freddie Mac Reviews

Updated January 26, 2015
Updated January 26, 2015
383 Reviews
3.3
383 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Freddie Mac CEO Donald H. Layton
Donald H. Layton
106 Ratings

Review Highlights

Pros
  • Freddie continues to offer a favorable work/life balance environment (in 61 reviews)

  • Great benefits but work-life balance depends on the area you work in (in 31 reviews)


Cons
  • Company is currently under conservatorship and company future is uncertain (in 12 reviews)

  • Senior management is always changing and the room for growth seems to be diminishing (in 23 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great company to start your career

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

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

    Pros

    A lot of opportunities and support for young professionals. It could be different depending on which division you belong to, but I was in Multifamily side and my senior managers were very supportive about analysts to grow their career. Impressive facilities and benefit.

    Cons

    Honestly I don't have anything to complain about, but since I did not start from the analyst rotation program, training materials were not available for me as much when I started and I had to learn many things by myself as other team members were very busy.

    Advice to ManagementAdvice

    Great place to work. Learned so much and built a great relationship with amazing people.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great company...awesome co-workers; great benefits.

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

    I have been working at Freddie Mac

    Pros

    Work-life balance, onsite gym; telework options

    Cons

    Slow decision making and stove-piped communication

    Advice to ManagementAdvice

    Communicate with your employees.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great company!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Freddie Mac

    Pros

    Work life balance is great, good manager and great collegues.

    Cons

    Company should re-instate bonuses for all levels, hard workers are not rewarded at levels below Manager and Directors.

    Advice to ManagementAdvice

    Create more promotional opportunities through rotation programs at the experienced career level.

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Great experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Freddie Mac

    Pros

    - very talented people and high quality work
    - nice and cooperative culture
    - very diverse culture
    - work life balance

    Cons

    - slow promotion and salary increase
    - too little bonus compared to other big banks

    Recommends
    Approves of CEO
  6.  

    It was very stressful environment. No stability

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Risk Manager
    Current Employee - Risk Manager

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

    Pros

    The perks of working there are great. Cafeteria, gym, etc

    Cons

    The organization is unstable they were always laying people off.

    Advice to ManagementAdvice

    I think you should do everything in your power to provide stability to your employees

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Great stepping stone, but not a place to build a career

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

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

    Pros

    There are lots of learning opportunities and resources to aid in technical development for certain areas of the company.

    Cons

    Not really a place where you can get ahead and advance in your career. Should be viewed as a place to pick up some skills and leverage them at a different company. The bureaucracy and silos can be stifling and very counterproductive. The most talented people usually end up leaving the company.

    Advice to ManagementAdvice

    Focus on getting better people and invest in the development of your high potential employees so that some of them will stay at the company.

    Doesn't Recommend
    Neutral Outlook
  8.  

    A good company for working mom!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Business Analyst
    Current Employee - Senior Business Analyst

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

    Pros

    Flexible work hours. Laid back work culture

    Cons

    Nepotism, risk-averse and very less opportunity for career growth

    Advice to ManagementAdvice

    Time to act and behave like a financial services firm.

    Doesn't Recommend
    Positive Outlook
  9.  

    Good place to work but limited growth oppurtunities

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

    I have been working at Freddie Mac

    Pros

    Great benefits and work life balance

    Cons

    Limited growth opportunities. Company should reinstate bonus and pay according to the market

    No opinion of CEO
  10. 1 person found this helpful  

    Culture in Decline

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Freddie Mac full-time

    Pros

    *Good compensation and benefits
    *Interesting work
    *Lots of very smart non-management employees.
    *Good place to learn and get mentored

    Cons

    *Oppressively bureaucratic
    *Bizarre management infighting
    *Highly political
    *Accountability issues
    *Lots of benefit takeaways

    Advice to ManagementAdvice

    There is a large disconnect between stated cultural values and the behavior that is tolerated in the workplace.

    Root out the mudslingers and stop purging the real brain power.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Long hours for internal audit, great exposure in terms of projects and people on the business side and consultants

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Freddie Mac

    Pros

    Location, experience, campus, benefits, work life balance

    Cons

    Under conservatorship moving closer to government in culture and pay

    Recommends
    Neutral Outlook

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