Fannie Mae - Great compensation and benefits, but too bureaucratic | Glassdoor
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"Great compensation and benefits, but too bureaucratic"

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Former Employee - Anonymous Employee
Former Employee - Anonymous Employee

Pros

Great compensation and benefits. The company also encourages transferring between groups.

Cons

Too many meetings and too many steps in the decision making process... things move very slowly.

Advice to Management

N/A

Other Employee Reviews for Fannie Mae

  1. Helpful (1)

    "Fannie had better days in the past."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Database Administrator in Herndon, VA
    Former Employee - Senior Database Administrator in Herndon, VA
    Recommends
    Negative Outlook
    No opinion of CEO

    I worked at Fannie Mae full-time (More than 10 years)

    Pros

    Good pay and benefits, professional atmosphere, good facilities.

    Cons

    Lack of direction, increasingly political, multiple HQ locations (hard to meet people productively)

    Advice to Management

    Treat employees better (the problems aren't their fault), don't set direction without knowing where you want to go.


  2. Helpful (1)

    "Life at Fannie Mae"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Non-Technical Project Manager III in Washington, DC
    Current Employee - Non-Technical Project Manager III in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fannie Mae full-time (More than 3 years)

    Pros

    Great Benefits for first time home buyers, commuters, life -work balance if you have an enlightened work group. Much better benefits and culture when compare to its rival Freddie Mac.

    Cons

    Fannie Mae is currently in receivership so its currently managed by the federal government or FHFA. The company is profitable and going through a revamp no one knows what to expect once the dust settles in a few years.

    Advice to Management

    Some Directors and VPs at the company stifle growth and originality. They also lack vision and should consider the value of a department or team Mission statement to guide growth and process improvements.

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

See Most Recent

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