Freddie Mac Reviews | Glassdoor

Freddie Mac Reviews

Updated July 27, 2017
217 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. "Securities Administration"

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

    I worked at Freddie Mac (More than a year)

    Pros

    Available flexible work schedules, location of office helped commute times, benefits package comprehensive with several options in 401k plus match, management surveys employee opinion to further communication.

    Cons

    Business continuity plans do not work for new employees while in training for the job. Coworkers schedules and distance from HQ causes disconnect while new employees in training or needing to ask questions


  2. "Good Entry/ Exist Place of employment"

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

    Pros

    Great place for starting and ending your career. They offer a lot of educational tools to aid you into further developing yourself if your are just starting out. Great work life balance.

    Cons

    Extremely difficult to move up in the same business area that you started off in. Challenging in terms of developing yourself past the initial phase as Freddie is a specialized market.

  3. "Analyst review"

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

    Pros

    Interesting work, smart people, opportunity for promotion

    Cons

    The company have gotten very big for fulfilling work


  4. "Enterprise Risk Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Enterprise Risk Manager in McLean, VA
    Current Employee - Enterprise Risk Manager in McLean, VA
    Recommends
    Positive Outlook

    I have been working at Freddie Mac full-time (More than 8 years)

    Pros

    Mature Risk Management division, salary and work-life balance.

    Cons

    Bureaucratic. Workforce politics. Lot of old school thinkers who need to change their approach.


  5. Helpful (1)

    "Development Lead"

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

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

    Pros

    Good open and innovative culture

    Cons

    Slow adopter of technology

    Advice to Management

    Better planning in managing and delivering projects


  6. "Awesome"

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

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

    Pros

    One of the best companies I've worked for as a contractor. I really enjoyed working here,

    Cons

    Everyone was pretty awesome. There was one employee that gave a lot of people a hard time, he should have been written up.

    Advice to Management

    Listen to what employees are saying. Don't allow one employee to be able to bully your other employees. This creates a very uncomfortable work place.


  7. "Good Team Culture and Decent Pay"

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

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

    Pros

    Work culture is collegial, and put a lot of focus on team cooperation.
    Co-workers are generally nice and allow flexible working arrangement.

    Cons

    It's harder to seek in team promotion than apply to openings in other teams;
    Annual salary increase is relatively small compare to other financial institutions.

  8. "Management - Single Family Division"

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

    Pros

    Very meaningful and gratifying work. Collaborative and team-oriented environment. Compensation, benefits, and work environment were all exceptional.

    Cons

    Can be extremely political. Attention to damaging management styles and deteriorating culture not seen or felt by executive management. Employees are afraid to speak up for fear of retribution.

    Advice to Management

    Get real, unedited feedback from employees. Open eyes wider to see what's really happening.


  9. "Single Family Ops (department)"

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

    I have been working at Freddie Mac full-time

    Pros

    Work life balance is great.

    Cons

    The need to do a better job with proactively identifying internal talent to promote internal hiring.


  10. Helpful (1)

    "Business Analysis Professional"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - BUSINESS ANALYSIS SENIOR in McLean, VA
    Current Employee - BUSINESS ANALYSIS SENIOR in McLean, VA

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

    Pros

    Good insurance, 401k, flexible work hours

    Cons

    duplicate job duties and regular red tape you get at other companies


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