Freddie Mac
3.1 of 5 333 reviews
www.freddiemac.com Mc Lean, VA 5000+ Employees

Freddie Mac Reviews in Washington, DC

Updated Jul 10, 2014
All Employees Current Employees Only

3.1 236 reviews

                             

78% Approve of the CEO

Freddie Mac CEO Donald H. Layton

Donald H. Layton

(55 ratings)

49% of employees recommend this company to a friend
236 Employee Reviews Back to all reviews
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    Great Company one of my best experiences

    Help Desk Tech (Current Employee)
    McLean, VA

    ProsEverything is okay the training was very helpful with pefroming my everyday task

    ConsHavent noticed any cons since I been here

    Advice to Senior ManagementKeep up the great work

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great company, allows gorwth

    Senior Financial Analyst (Former Employee)
    McLean, VA

    Prosflexible hours and excellent traiing

    Consup in air as to what will happen with company

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great company for work

    Middle Office Associate (Current Employee)
    McLean, VA

    ProsManager and co-workers are very nice and knowledgable. Great exposure to a new graduate.

    ConsPay is average. Very low pace.

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    Good place to retire but not so good if you would like to make top $$$

    Senior Software Engineer (Former Employee)
    McLean, VA

    ProsGood benefits. Good work life balance.

    ConsToo many re-orgs and frequent changes of the manager. The salary is not great.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Freddie Mac Experience

    Anonymous Employee (Former Employee)
    McLean, VA

    ProsFreddie Mac Pays fairly well.

    ConsDecisions are made by consensus, which could be utterly political and may not be the right thing nor the technically sound.

    Advice to Senior ManagementIntegrity is needed at all levels. We encourage the behaviors we reward. Technical decisions can not made by consensus, solutions should be tailored to Freddie Mac not industry best products; the best or most expensive clothing may not be suitable for the moon nor even the desert.

    Yes, I would recommend this company to a friend

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    Freddie Mac

    Performance Reporting Analyst (Current Employee)
    McLean, VA

    ProsGreat environment, flexible work schedule, knowledgeable peer and management, always informed of program, very informative, enjoyable work environment, great benefits, great location.

    ConsI really can not say that there are too many cons from my perspective other than the lack of availability for promotions. I have gone above and beyond in my position and and have not been promoted or compensated accordingly.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    Overloaded

    Director (Former Employee)
    McLean, VA

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

    ConsMiddle 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 Senior ManagementPush 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.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Interesting

    Team Lead (Former Employee)
    McLean, VA

    ProsGood amount of vacation weeks available.

    ConsManagement who are poor with managing people and in management positions despite not having knowledge or understanding of the job of their staff.

    No, I would not recommend this company to a friend

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    Unstable but good benefis

    Financial Analyst (Former Employee)
    McLean, VA

    Prosbenefits are great. people are great

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

    Advice to Senior ManagementStop reducing cost for selfish gain

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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    A decent place to work and gain experience.

    Development Manager (Current Employee)
    McLean, VA

    ProsThe employees are the greatest asset. The knowledge and passion they bring is the company's secret.
    The benefits and pay are very good. I did not feel underpaid or slighted in this way at all.
    The focus on training is positive, but you need balance within your work schedule to be able to attend - part of a con too.

    ConsHierarchical structure to senior management.
    IT Directors manage up, use all the right buzz words, but offer little in the way of true leadership.
    Work-life imbalance.
    Many of the staff members with the key business and IT knowledge have left or are leaving the company.
    Senior management says that training is a focus. But they act in a different way. The staff is inundated with work that breaking away for training seems like a sordid affair.

    Advice to Senior ManagementTo truly change the culture, enforce from executive and senior management first. The employees and mid level managers embrace a more open, accountable culture. However, executive and senior management do not embrace individuals with the courage to offer a different opinion or alternative solutions.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Glassdoor is your free inside look at Freddie Mac reviews and ratings in Washington, DC — including employee satisfaction and approval rating for Freddie Mac CEO Donald H. Layton. All 236 reviews posted anonymously by Freddie Mac employees.