Freddie Mac Reviews | Glassdoor

Freddie Mac Reviews

Updated August 20, 2017
670 reviews

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

670 Employee Reviews

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Pros
Cons
  • very political company, senior management is not good, work-life balance is not good for some groups (in 31 reviews)

  • Work/life balance can be compromised at times (in 12 reviews)

More Pros and Cons

  1. "Great Benefits, Good Environment, Needs Modernizing a bit"

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

    I worked at Freddie Mac full-time

    Pros

    - generous benefits
    - flexible schedules
    - interesting work
    - lots of networking opportunities
    - kind people
    - nice work environment
    - lots of training opportunities

    Cons

    - salary was slightly below average
    - policies vary greatly depending on your manager
    - slow processes like any other large company
    - many inefficient workflows

    Advice to Management

    Your employees are your greatest asset. Continue to improve your culture and hire people with integrity. Modernize and standardize your policies and embrace teleworking to keep good talent in a thriving metro area. My generation (20-30 yr olds) wants to be treated as partners, not just a commodity. Continue improving in this area. Consider "upwards" performance reviews and surveys so that employees can provide constructive feedback to their superiors.


  2. "Human Resources"

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

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

    Pros

    Work from home flexibility, advancement potential, smart colleagues

    Cons

    Stronger, more competitive salaries are necessary.

  3. Helpful (4)

    "Multi Family IT is horrible"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Systems Analyst in McLean, VA
    Former Employee - Senior Systems Analyst in McLean, VA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    There a very select handful of good managers and workers. I can count them on the fingers of just one hand. The experience at ITPMO was awesome.

    Cons

    Multifamily IT has a notorious group of people who form clicks, dont share information and literally act like kindergarten kids who have traits and tendecies of high school bullies! People here even seem to have hard time smiling at people who dont belong to thier closed group! Envoronment and mangement is below average. Top management is the worst at resource planning and doesnt care for the team. Middle management does not even bother to know what the team does from people managers instead expects team to blow thier horns and make a show rather than actually focus on doing work.

    Advice to Management

    Whats the point? A GSE that gets bailed out even after severe blunders has leadership that cares less no matter what!


  4. "Engineer"

    StarStarStarStarStar
    • 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 Freddie Mac full-time (More than a year)

    Pros

    Good work life balance, but must work hard. Great benefit and culture is nice to employee. Human resource people are the best.

    Cons

    Sometimes work can be stressful. Some teams need to support a lot in weekend.


  5. "Quantitative Analyst"

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

    I have been working at Freddie Mac full-time

    Pros

    people are easy to communicate, the working location is good, free parking lots

    Cons

    very political company, senior management is not good, work-life balance is not good for some groups


  6. "Nice Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Servicing Team Leader in McLean, VA
    Current Employee - Loan Servicing Team Leader in McLean, VA
    Positive Outlook
    Approves of CEO

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

    Pros

    A very diverse culture. Changes happening all the time. Great benefits. Allows flexible work arrangements. Nice work life balance. Always looking to modernize.

    Cons

    Work can sometimes be stressful. You usually won't see or hear much from senior management. A lot of process improvements can take place.


  7. "Director, Information & Technology Risk"

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

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

    Pros

    Freddie Mac offers a great diverse environment

    Cons

    security maturity level still below par

    Advice to Management

    Adopt industry best practice and lessen redtape

  8. "Why am still here"

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

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

    Pros

    life and work balance, diversity,

    Cons

    not at this time for me.


  9. "Good Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior HRIS Analyst in Mc Lean, VA
    Former Employee - Senior HRIS Analyst in Mc Lean, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Freddie Mac full-time (More than a year)

    Pros

    The people and culture there are awesome. Everyone wants to see each other succeed. It helps that a lot of employees have been at the company for awhile.

    Cons

    Not really a downside. The area where the headquarters are located is in a heavy traffic area in Tysons Corner.

    Advice to Management

    None. All of the Management heads were awesome and very personable. They could maybe interact a little more with other employees that weren't managers themselves.


  10. Helpful (1)

    "Financial Analyst Sr"

    StarStarStarStarStar
    Former Employee - Senior Financial Analyst in McLean, VA
    Former Employee - Senior Financial Analyst in McLean, VA

    I worked at Freddie Mac full-time (Less than a year)

    Pros

    Able to learn new skills and grow.

    Cons

    Some areas can be good, others not so much.


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