Freddie Mac Reviews

Updated March 23, 2015
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3.3
403 Reviews
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Approve of CEO
Freddie Mac CEO Donald H. Layton
Donald H. Layton
112 Ratings

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 Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Manager

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Freddie Mac

    Pros

    Benefits, location, people culture, perks

    Cons

    personal growth, training for managers, people skills, salary, promotions

  2. Great place to work at

    • 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

    having the ability to Teleworking, Benefits, Environment

    Cons

    The Company is currunt in conservatorship

  3. Business Program Manager

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

    I have been working at Freddie Mac as a contractor (more than a year)

    Pros

    Overall purpose and corporate goals are clearly communicated and followed. You will find more positive people that are a pleasure to work with and inspire you to perform highly!

    Cons

    Being under conservatorship makes long term planning somewhat challenging, but strong leadership that provides vision of what the organization should look like tomorrow, helps greatly!

    Advice to ManagementAdvice

    Keep promoting from within and recognize the talent you have created from years of thoughtful leadership, even through times of crisis. Continue to promote women to your senior ranks! The talent is there, but you need to reach out to bring them in.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. review about the company

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Freddie Mac

    Pros

    good complany and nice working place

    Cons

    No issues and no complaints about the company

  6. Great place to work at IF you land with the right team

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

    I worked at Freddie Mac full-time (more than 3 years)

    Pros

    I worked with Freddie from my junior year in college.
    - If you land with the right team, its is the best
    - Good work life balance (there can be some OT, but there is also good amount of down time

    Cons

    - No more IT rotational program
    - Management never brings in fresh ideas or faces, they always recycle
    - Young employees are not being given enough opportunities to grow/move within the company

    Advice to ManagementAdvice

    The company is in a limbo. If you do not want to loose people left and right you really really really need to promote the younger people from within. There are a BUNCH of smart young people at freddie, however the lack of opportunity to move up is very disheartening. Ultimately, that is what made me leave.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7. Overall, my experience is going well.

    • 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 a year)

    Pros

    It's technology analyst program is very helpful for grads right out of college. Great work life balance, flex scheduling with 40 hour weeks with overtime pay. Freddie's also gives you an opportunity to go out and get training/certificates you are interested in.

    Cons

    With being in conservatorship, it's hard to tell what the future holds. Also, under conservatorship, it is harder to move up in the company with moving to a different area. Also company doesn't have any big rewards to employees.

    Advice to ManagementAdvice

    Work on trying to opportunities for your younger talent so they don't leave the company. This inturn allows a less reliance on consultants and thus saving money in the long run

    Doesn't Recommend
    Neutral Outlook
  8. 1 person found this helpful

    Good for people who need job stability.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Freddie Mac

    Pros

    - Flexible work arrangement
    - Good Salary
    - Great Benefits

    Cons

    - Not up to date with latest technology.
     - Lot of internal politics

  9. Overall a mixed experience

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

    I have been working at Freddie Mac

    Pros

    Benefits, Training in-house, Culture, Facilities

    Cons

    Compensation, Personal Growth, Uncertainty and opportunities

    Advice to ManagementAdvice

    Compensation, Personal Growth, Decision Making and New Talent

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10. Great company to work for.

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

    I worked at Freddie Mac

    Pros

    Everyone is co-located in the same area. Great master's degree program

    Cons

    Very limited promotion opportunities; many job eliminations

    Recommends
    Positive Outlook
    No opinion of CEO
  11. Human Resources

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director of Human Resources in Washington, DC
    Current Employee - Director of Human Resources in Washington, DC

    I have been working at Freddie Mac

    Pros

    Great place to work and a lot of educational avenues

    Cons

    There are no cons for this company I can point out

    Advice to ManagementAdvice

    Keep doing the things you are doing - great people to work with

    Recommends
    Positive Outlook
    Approves of CEO

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