Freddie Mac Reviews | Glassdoor

Freddie Mac Reviews

Updated December 12, 2017
709 reviews

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3.4
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Freddie Mac CEO Donald H. Layton
Donald H. Layton
258 Ratings

709 Employee Reviews

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Pros
Cons
  • You usually won't see or hear much from senior management (in 31 reviews)

  • Work/life balance can be compromised at times (in 13 reviews)

More Pros and Cons

  1. Featured Review

    "Great place to work! Great leadership who walks the talk!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Carrollton, TX
    Current Employee - Senior Manager in Carrollton, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great work life balance, benefits and leadership! Senior leadership is very up front and honest with employees! There’s no tolerance for unethical behavior like I’ve seen at other places!

    Cons

    Would love to have more vacation time after 3 years vs 5 but overall the company is very generous with time off.


  2. "Great job"

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

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

    Pros

    Great culture, great benefits, and great work environment

    Cons

    Too far to travel for me

  3. "This Company Cares About It's Employees!"

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

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

    Pros

    Great pay, benefits and work/life balance.
    I feel that management listens to my concerns and really cares about my professional development.

    Cons

    No complaints - it's a great place to work.

    Advice to Management

    Keep backing our culture change.


  4. "Senior Analyst"

    StarStarStarStarStar
    • 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 Freddie Mac full-time

    Pros

    Great work-life balance and good pay for position.

    Cons

    Fannie Mae seems to offer higher compensation.

    Advice to Management

    Continue to adapt and innovate to gain market share over Fannie, and pay senior analysts more.


  5. "Business Unit Controller Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Unit Controller Director in Tysons Corner, VA
    Current Employee - Business Unit Controller Director in Tysons Corner, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Freddie Mac full-time (More than 10 years)

    Pros

    Good people with work life balance

    Cons

    limited opportunities for promotion to senior levels


  6. "Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Freddie Mac full-time (More than 10 years)

    Pros

    Some Flexibility in work schedule

    Cons

    To many bosses and no real job growth


  7. Helpful (1)

    "Leadership Quandary"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Director in McLean, VA
    Current Employee - Senior Director in McLean, VA
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    1. convenient location
    2. nice benefits
    3. past few years IT and business have seen dramatic transformations and introductions of very compelling products over cutting edge infrastructure

    Cons

    Recent leadership changes has put the top tier team in a state of quandary and the company is about to become the heaven for pricey consultants churning out mindless decks all over again while the team will be running like headless chickens.

    Advice to Management

    prioritize and communicate clearly. Don't waste time seeking advice from external consultants what to do when the journey is known and we are already on course.

  8. Helpful (1)

    "tech"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Freddie Mac full-time (More than 3 years)

    Pros

    Benefits are good with wfh options

    Cons

    -No knowledge sharing
    -No responses to email communications
    -adhoc layoffs

    Advice to Management

    people join FMC for the brand and benefits by sacrificing the better paying offers than FMC...Adhoc layoffs will make the people struggle to get back on to work in time.....if thats the case better not to hire full time...keep the contract jobs only...its easy for future employer to understand contract ended vs laid off than suspiciously smelling bad ....


  9. Helpful (2)

    "Steady Freddie"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Professional in McLean, VA
    Current Employee - Professional in McLean, VA
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Cafeteria, vacation time, tuition reimbursement, housing closing assistance, laxed environment (depending on your group), somewhat flexible

    Cons

    Some orgs are much better than others. Many forced into managerial roles with no interest in managing people. Favoritism even with underperforming staff. Too much overhead. Groups just keep hiring more and more project managers and program managers in the hopes of making the people actually doing real work expendable. Takes forever to get things done. Everybody has a 2 week SLA. Proposed changes to production support model were ignored. L1 and L2 are rendered useless. ALL weekend activity (including minor patching and mostly everything else) goes directly to L3. Too many H1Bs with bad attitudes.

    Advice to Management

    Promote internally. More importantly, cut ties with TCS, Cognizant.


  10. Helpful (1)

    "Director"

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

    I worked at Freddie Mac full-time (More than 10 years)

    Pros

    People, benefits, flexible work schedules, cafeteria, mission

    Cons

    extremely political, managing upwards, slow decision making, lack of accountability


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