Fannie Mae Reviews | Glassdoor

Fannie Mae Reviews

Updated February 21, 2017
831 reviews

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Full-time Part-time

3.7
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Fannie Mae CEO Tim Mayopoulos
Tim Mayopoulos
291 Ratings

831 Employee Reviews

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  1. Featured Review

    "Great place to work at"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Analyst III in Reston, VA
    Current Employee - Systems Analyst III in Reston, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fannie Mae full-time (More than 10 years)

    Pros

    Great benefits at Fannie Mae. Been here long enough to vouch for that. Support work-life, education, housing. The annual Help the Homeless evens are great as well

    Cons

    Nothing to complain about. Great place to work for. I have no complaints about working here. Management and co-workers are great to work with.

    Advice to Management

    Nothing


  2. "General Accountant III"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fannie Mae full-time

    Pros

    Plenty of opportunities/side projects to grow your knowledge base. Very light culture with growing transparency. Great work environment and great benefits.

    Cons

    Promotional opportunities are limited as most of the folks overstay their roles.


  3. "Great Company to Work For"

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

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

    Pros

    Amazing Benefits
    Great work/life balance
    Cool-ish culture (not a start up-type culture, but well on its way for a "government" org)
    Great leadership, easy to find a mentor

    Cons

    Can get lost in the large number of employees
    Can become complacent (more of the person's choice, not the company)
    Reputation (especially bad) spreads like wild-fire at the company

    Advice to Management

    Set Up a platform for team members to communicate openly to senior leadership outside of town halls.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Data Security Analyst III"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Fannie Mae full-time

    Pros

    Great benefits (starts off with 3 weeks of vacation and it accumulates over the years, unlimited sick leave done the right way, monetary donation towards the purchase of your home, you get all but 1 government holidays). The people are great to work with, diverse environment, opportunity for growth

    Cons

    The politics can be nasty, but it is everywhere


  6. Helpful (1)

    "Great company to get complacent in!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Fannie Mae full-time

    Pros

    Some of the best benefits I've ever had--here are a few of my favorites!
    - dollar for dollar 8% matching 401K through Fidelity,
    - 21 PTO days (can carry over 5 days from prior year)
    - unlimited sick leave
    - $10k/year tuition reimbursement
    - $10K home towards your home purchases
    - excellent health benefits through Aetna/Kaiser/etc. with FSA and HSA accounts
    - flexibility to work form home or other Fannie Mae operated offices (dependant upon your manager and team)

    Cons

    - Senior leadership is not transparent with their intentions which results in huge turnovers.
    - Be careful of who you trust here, folks tend to throw each other under the bus and backstab one another at every opportunity .
    - Large organization operating on legacy systems and old programs in general, but at least they have Outlook!

    Advice to Management

    Be transparent and more vocal to your staff. Also, learn to listen to what your employers have to say and try to understand their concerns. There is no excuse to only give your staff a 3 month notice that they need to move offices from Herndon to DC when this was "in the pipelines since last year."


  7. "Company is alright"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fannie Mae full-time

    Pros

    Good benefits, good vacation, nothing to complain

    Cons

    Not that I can think of


  8. "Bonus not so great. They should work on improving the frequency of bonus"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Scrum Master in Herndon, VA
    Current Employee - Scrum Master in Herndon, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fannie Mae full-time (More than 10 years)

    Pros

    Good work environment. New technologies coming to enhance the company value and employee skills

    Cons

    Salary structure with the new wave is not favorable especially the bonus structure.

    Advice to Management

    Change the bonus structure for level L & above in the company.
    20% default bonus is too much vs those at level below L i.e. close to just 2 -5%


  9. "Fannie Mae"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investor Reporting Analyst in Herndon, VA
    Current Employee - Investor Reporting Analyst in Herndon, VA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    - Benefits
    - Salary
    -Work Balance
    -Life Balance
    -Rewards Recognition

    Cons

    - Promotions
    - Salary
    - Management
    - Meetings
    - Contractors


  10. "Good benefits and salary but culture could improve"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Development Manager in Herndon, VA
    Current Employee - Senior Software Development Manager in Herndon, VA
    Recommends
    Positive Outlook

    I have been working at Fannie Mae full-time (More than 10 years)

    Pros

    Good benefits and decent salary

    Cons

    Top down management culture, opportunities for promotion extremely limited

    Advice to Management

    Learn to listen, not just pass decisions down


  11. "Business Analyst II"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst II in Washington, DC
    Current Employee - Business Analyst II in Washington, DC

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

    Pros

    Great 401K benefits, flexible work schedules

    Cons

    Lower end of salary range, not a lot of upward mobility, very top heavy



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