Freddie Mac Reviews | Glassdoor

Freddie Mac Reviews

Updated March 17, 2017
208 reviews

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4.0
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Freddie Mac CEO Donald H. Layton
Donald H. Layton
76 Ratings

208 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. Helpful (1)

    "Good company"

    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 Freddie Mac full-time

    Pros

    Great benefits, great environment, loving the new company culture.

    Cons

    Compensation and promotions for employees in lower level positions is severely lacking compared to those in more senior positions.


  2. "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


  3. "Generally a good place"

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

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

    Pros

    - Most of your colleagues care about your success
    - Lots of emphasis around professional growth and development
    - A good mix of veteran employees and new hires
    - Great benefits, especially for those recently out of college
    - Excellent work-life balance

    Cons

    - GSE in conservatorship, so many of the frills seen at other financial services companies are non existent
    - Metro access, but nearest metro stop is almost a mile away


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  5. "Great Coworkers"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I worked at Freddie Mac part-time

    Pros

    Great atmosphere and workers, too much work on a day to day basis. I would recommend the business to a friend 7/10.

    Cons

    No major cons overall.


  6. "Opnet Engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor
    Recommends
    Negative Outlook

    I worked at Freddie Mac as a contractor

    Pros

    Smart technical staff of contractors

    Cons

    Full time employees manage contractors versus being hands on. Seemed like 85% of full time employees spoke with an accent from a different country.

    Advice to Management

    Increase salaries to pay employees as well as CWs and hire more people born in America.


  7. Helpful (1)

    "Portfolio Professional"

    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 Freddie Mac full-time

    Pros

    Great mission, great people, exciting work if you are willing to roll up your sleeves, seek out and tackle issues on your own.

    Cons

    Sometimes an uphill battle to innovation due to risk-averse stance across the company.

    Advice to Management

    Risk Management structure is too oppressive. Need to focus on creating an alignment so that people sit down to brainstorm how to push forward new ideas, not defend the status quo.


  8. Helpful (1)

    "Very satisfied with the work."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk and Controls Associate in Tyson's Corner, Fairfax, VA
    Current Employee - Risk and Controls Associate in Tyson's Corner, Fairfax, VA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The work load is not crazy and for the most part very interesting. Management has been top notch I communicating their goals and vision of the company

    Cons

    The pay could be better for the region. And depending on your department you may have to come into the office on a daily basis. Which could mean hour of traffic every week.


  9. "Good environment"

    Star Star Star Star Star
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor

    I worked at Freddie Mac as a contractor

    Pros

    Exposure to the mortgage industry and new technologies

    Cons

    Not much benefits for contracters


  10. "Great Place to work"

    Star Star Star Star Star
    Former Contractor - Anonymous Contractor in McLean, VA
    Former Contractor - Anonymous Contractor in McLean, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Freddie Mac as a contractor (Less than a year)

    Pros

    Employees are very nice and welcoming

    Cons

    Has 4 different buildings. Getting to meetings is a hassle if you to go between buildings


  11. "Securities Ops"

    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

    Pros

    The company has great advancement opportunities and loves to hire from within.

    Cons

    Work/life balance can be compromised at times



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