Fannie Mae - The Honest Truth | Glassdoor
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There are newer employer reviews for Fannie Mae

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Helpful (3)

"The Honest Truth"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Resource Center Customer Support Specialist I in Washington, DC
Current Employee - Resource Center Customer Support Specialist I in Washington, DC
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

I have been working at Fannie Mae full-time (More than a year)

Pros

Benefits and "decent" compensation. Decent work life balance. Good "foot in the door" job but most of the time can only transition if you know someone.

Cons

Too much favoritism, they hire who they want over qualifications (their own referrals), no room for growth. Continuously adding to job description with no change in compensation.

Advice to Management

Value your employees, stand up to YOUR upper management and just don't agree with everything thrown at you. Consider the job we handle (for this position) and know it can be stressful and affect your life outside of work. Have more room for growth and allow for training/career development to broaden your knowledge outside of the regular scope of work. Have better compensation considering the cost of living in dc/md/va and job stress. The retention rate is very low in this department mainly due to management. Hire based on qualifications and work ethic! Great company, sorry department.

Other Employee Reviews for Fannie Mae

  1. "Good company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Architect in Reston, VA
    Former Employee - IT Architect in Reston, VA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Fannie Mae full-time (More than 3 years)

    Pros

    Great benefits, employee training, good industry and lots of learning experience

    Cons

    Slow growth, Salary not as good as industry


  2. "A company going through turmoil"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analysis Manager in Washington, DC
    Former Employee - Business Analysis Manager in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Fannie Mae full-time (More than 8 years)

    Pros

    Interesting work and great benefits. Good opportunities to develop skills and get training,

    Cons

    Senior management does not make tough decisions and instead puts off making difficult decisions out of fear of making mistakes, which effectively paralyzes the company from making important changes. Not a lot of rhyme or reason for why some folks get promoted versus others who do not (to get promoted more important who you know and who can elevate you, rather than the caliber of your work).

    Advice to Management

    Fewer layoffs and re-train existing personnel rather than keep bringing in new staff. Make the bold decisions to transform the company and worry less about protecting fiefdoms.

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

See Most Recent

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