Freddie Mac Reviews | Glassdoor

Freddie Mac Reviews

Updated May 18, 2017
655 reviews

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3.3
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Freddie Mac CEO Donald H. Layton
Donald H. Layton
222 Ratings

655 Employee Reviews

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Pros
Cons
  • Too much micro-managing and senior management keeps changing every 3 to 6 months (in 29 reviews)

  • Work/life balance can be compromised at times (in 11 reviews)

More Pros and Cons

  1. "Great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Herndon, VA
    Current Employee - Anonymous Employee in Herndon, VA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Freddie Mac full-time (Less than a year)

    Pros

    Good working environment, good pay, amazing people to work with.

    Cons

    I personally did not have any bad experience there, so I think of any cons.


  2. "review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in McLean, VA
    Former Employee - Project Manager in McLean, VA
    Doesn't Recommend
    Positive Outlook

    I worked at Freddie Mac (Less than a year)

    Pros

    too much politics in the workplace

    Cons

    personal interest, good workplace, work hard


  3. "Great place to start a promissing career"

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

    Pros

    Cafeteria, lots of room for growth, not sure about how long to grow. Manager is supportive and understanding.

    Cons

    Cannot think of any. Maybe insurance could be cheaper, but it's probably the same for any company.


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  5. Helpful (1)

    "Rotational analyst in finance division"

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

    I have been working at Freddie Mac full-time (More than a year)

    Pros

    Good work life balance, huge company so opportunity to move within divisions easily, initiatives to be more innovative and improve competitiveness, flexible work arrangements depending on what division you're in

    Cons

    Slow moving, bureaucratic and somewhat old fashioned, upward mobility can be somewhat hard, behind on some technology, congested area to work

    Advice to Management

    Be more open to the progressive ideas in workplaces-open layout etc


  6. "Project Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in Tyson's Corner, Fairfax, VA
    Former Employee - Project Manager in Tyson's Corner, Fairfax, VA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Freddie Mac full-time (More than 5 years)

    Pros

    Good pay and benefits. May qualify for incentive.

    Cons

    These people are fanatical about pushing the GLBT lifestyle on their workers. It is constant and in your face. Freddie Mac IS NOT a CHRISTIAN FRIENDLY atmosphere and if you do go to work there, expect to be constantly insulted and marginalized if you are a Christian.

    Advice to Management

    Start valuing Christians and stop constantly disrespecting and marginalizing them.


  7. Helpful (3)

    "Not my forever job"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Manager in Vienna, VA
    Former Employee - Account Manager in Vienna, VA

    I worked at Freddie Mac full-time (More than 8 years)

    Pros

    Benefits, location, parking, some good colleagues

    Cons

    Tedious work, political environment, cronyism


  8. "Good company in DC Metro area"

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

    I have been working at Freddie Mac full-time (More than 5 years)

    Pros

    Large Enterprise great place with great benefits

    Cons

    Behind in technology trying to catch up


  9. "Freddie Mac"

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

    I have been working at Freddie Mac full-time (More than 5 years)

    Pros

    Flexible work options, compensation and benefits

    Cons

    Slow career growth and progression


  10. Helpful (5)

    "Great place to END your career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Project Manager in McLean, VA
    Current Employee - IT Project Manager in McLean, VA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Freddie Mac (More than a year)

    Pros

    Consistent Schedules
    No surprises as far as work load
    Plentiful on-site breakfast/lunch options
    On-site fitness facility
    On-Site health clinic
    On-site shipping office

    Cons

    Limited vacation(2 weeks) and very expensive to purchase vacation days($300/day)
    Limited career growth opportunities and education.
    Limited to no growth in technological methods. Never anything cloud based/on-demand etc. Very limited Agile methodology.
    Communication between management and subordinates is often delayed or non-existent.
    Promotions rare!
    Possesses a culture that makes it VERY difficult to work remotely.
    Parking is always an issue after 9am.
    Always significant traffic getting into and out of the facility.
    Paternity/Maternity Leave LIMITED.
    Management restructures every 3 years.
    MANY layers of approvals to get anything done.
    Breeds a culture that makes it ok to not answer emails/phone calls.
    Many forced to work side by side on long desks, not even cubicles.


  11. "Overall great orginization to be with!"

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

    I have been working at Freddie Mac full-time (Less than a year)

    Pros

    Great pay, decent benefits package, good work/life balance and overall good people with which to work.

    Cons

    HQ location cost of living is high, but comes with the territory when working for a great company, in a desirable place to live.

    Advice to Management

    Stay the course


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