Fannie Mae - Pros and Cons | Glassdoor
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There are newer employer reviews for Fannie Mae

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"Pros and Cons"

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

Pros

Like everyone else mentioned, the best thing about Fannie Mae are the benefits. I’m not sure where you can find better benefits this day and age. Tuition reimbursement is double of most other companies and I’m not aware of other companies with employee assisted housing programs.

Cons

Internally the company is very political. If you are not in the right section or even the right team you face an uncertain future. There didn’t seem to be much reasoning behind the latest layoffs. You can perform at a high level and do everything right and you still get laid off. I also do not understand why they laid off so many people, yet there are hundreds of job openings. If the company truly cared about the employees they would have worked with the individuals being laid off and attempted to fill some of the open positions.

Advice to Management

Share information with the employees!

Other Employee Reviews for Fannie Mae

  1. Helpful (1)

    "Its who you know and not what you know. Sometimes its what team you land in that matters more."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technical Role in Herndon, VA
    Current Employee - Technical Role in Herndon, VA
    Doesn't Recommend
    Approves of CEO

    Pros

    If you get the right entry, the salary and benefits are pretty good. Also it depends on which team you end up working in. If the team is bad (or bad management) then its a terrible experience otherwise things can work out ok.

    Cons

    Longtime employees become part of the furniture. On the technical side an over-dependence on contractors to do the work. You need to be visible (even if you do not do any fruitful work), otherwise forget about any career plans.

    Advice to Management

    Frankly I am supportive of Herb trying to clean house. I think he needs to fire more of this Sr Mgmt and get the company to be much leaner and employees should actually be more accountable. Mgmt needs to address diversity. Its one thng to say Fannie is diverse but to me diversity should be at every level. Why is that at the technical level only Asians are more (i am one too)? There has to be diversity at all levels only then can a company say they understand diversity.


  2. "great benefits but lack professional growth"

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

    Pros

    the compensation benefit and job security are excellent. the environment can be relaxed if one chooses.

    Cons

    the poor management and process can really be a drag if one is serious about getting the job done right. the direction changes by the minutes. politics is very strong.

    Advice to Management

    provide better leadership and direction to the company

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

See Most Recent

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