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Freddie Mac Reviews

Updated January 14, 2018
228 reviews

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3.0
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Freddie Mac CEO Donald H. Layton
Donald H. Layton
71 Ratings

228 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. "Systems Analyst"

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

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

    Pros

    Work Life Balance / On-Site Facilities

    Cons

    Processes make it difficult to implement changes,

    Advice to Management

    Focus on the employee


  2. "Prf Developer"

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

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

    Pros

    Good Pay , Location and overall Benefits

    Cons

    Promotions and EPM ratings dependent on the group division
    Too many foreign born unqualified people at the managerial and director level
    who cannot even make good calls as to whom to hire and whom to groom.
    Too many hires from foreign consulting companies with fake resumes and
    experience , who are trained by the consulting companies to answer questions
    when they are on bench for extended periods of time. Given the same opportunity to a US diploma holder , he can do far better , but he does not get
    even a days time to prepare for the interview because of the heavy workload
    in the existing that he is holding

    Advice to Management

    Hire , promote and rotate people with US Diploma Holders. They know
    how skills are acquired and how to manage a work place

  3. "Freddie Mac"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Freddie Mac full-time

    Pros

    Great colleagues and work environment.

    Cons

    Government control and questions about future

    Advice to Management

    keep Filling the Treasury’s coffers!


  4. "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


  5. Helpful (4)

    "Mixed"

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

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

    Pros

    If/when u can get a manager who is your advocate and agree upon the skills u need 2 get promoted and manager will get you the opportunity-good job. I worked at FM for 6 years and only had 3 managers who were my advocates, out +-10 managers.

    Cons

    50% of managers only care about their needs, not what you want (raise, type of work). I got a CEO award, 3 evaluations-exceptional and then stuck with a manager who only cared about what he wanted.

    Company not responsive to external market rates for skills - I was in a group of 10 people who got trained on a new IT method, external market increased salaries for this skill by $20k, and FM would not match salaries - 8 out 10 of us quit.

    Consistently worked +-50 hrs a week


  6. "Professional"

    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
    No opinion of CEO

    I have been working at Freddie Mac full-time

    Pros

    A lot of opportunities to learn new things

    Cons

    Heavily operational firm. Top-heavy. Little room for promotion and growth.

    Advice to Management

    Promote from within please.


  7. "Project Manager"

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

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

    Pros

    Friendly culture, decent work-life balance depending on business area. Good benefits (On-site gym, Tuition reimbursement, home buyer benefit assistance), decent comp in certain areas, decent networking and mentorship culture.

    Cons

    Company made a push to prioritize internal hiring over external, but that has not happened. Poor training for people managers- limited guidance on how to manage growth and development. Pay can be inconsistent for people at different positions and levels.

    Advice to Management

    Provide more opportunities for good analysts to grow and aspire to be non-people managers (tech leads). Provide opportunities for market comp. equity if job families/ pay bands change.

  8. Helpful (1)

    "Senior Manager"

    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
    Disapproves of CEO

    I worked at Freddie Mac full-time

    Pros

    good salary,benefits and training opportunities if you are well-connected

    Cons

    rampant discrimination, cronyism and politics

    Advice to Management

    management is the major part of the problems, not worthwhile to make recommendations


  9. "Developer III"

    StarStarStarStarStar
    Current Employee - Developer III in Washington, DC
    Current Employee - Developer III in Washington, DC

    I have been working at Freddie Mac full-time (More than 3 years)

    Pros

    Good people and overall benefits

    Cons

    to much red tape on decisions


  10. "Sr"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Good training, work life balance

    Cons

    A lot of Politics, pay is not competitive

    Advice to Management

    Be efficient


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