Fannie Mae - Good mission; unbearable corporate culture that rewards based on favoritism. | Glassdoor
There are newer employer reviews for Fannie Mae
There are newer employer reviews for Fannie Mae

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Helpful (1)

"Good mission; unbearable corporate culture that rewards based on favoritism."

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Project Manager in Washington, DC
Current Employee - Project Manager in Washington, DC
Doesn't Recommend
No opinion of CEO

Pros

Excellent benefits and compensation. Love the mission and what the company stands for. Excellent place for work-life balance. Great opportunity to learn.

Cons

Extremely political company - it's all about how long you have worked at Fannie Mae and whether Senior Level Management likes you. I would not recommend this as a place to work. There is so much waste - yet - so such could be done better and more efficiently. It is like going back 20 years in terms of how things are managed. Managers tend to do little within their own team to promote an environment of team work and commaraderie; they tend to be out for themselves. I've never worked in a culture like this - it's a depressing place to be every day.

Advice to Management

Fix the company, pay attention to the rank and file. And - start observing your "managers" in action. It will explain the low morale that exists at the company.

Other Employee Reviews for Fannie Mae

  1. Helpful (1)

    "Very Toxic and stressful environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Financial Analyst in Washington, DC
    Former Employee - Senior Financial Analyst in Washington, DC
    Doesn't Recommend
    No opinion of CEO

    Pros

    Somewhat flexible schedule, compensation, benefits

    Cons

    No career advancement, Unfair treatment of some employees, Poor Management


  2. "Good company, getting yanked around by regulator and Politicians"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Washington, DC
    Current Employee - Anonymous Employee in Washington, DC
    Approves of CEO

    Pros

    Great benefits and mission. Was a great company to work for before it went into conservatorship.

    Cons

    Constant changes in organizational structure, priorities, and goals as the regulator, Treasury and politicians use it as their personal bank (to please their constituencies)

    Advice to Management

    Pay more attention to the folks that do the work. Walk the halls to learn and then implement real change, that benefits all levels. Top down policy making and decision making is detrimental to the firm.

There are newer employer reviews for Fannie Mae
There are newer employer reviews for Fannie Mae

See Most Recent

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