Freddie Mac Reviews | Glassdoor.co.in

Freddie Mac Reviews

Updated Jun 22, 2019

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Found 876 reviews

3.7
StarStarStarStarStar
Rating TrendsRating Trends
81%
Recommend to a Friend
86%
Approve of CEO
Freddie Mac CEO Donald H. Layton
Donald H. Layton
358 Ratings
Pros
  • "Work life balance; top notch benefits; support for personal development; diverse(in 194 reviews)

  • "Great benefits; great work/life balance; great management(in 70 reviews)

Cons
More Pros and Cons
  1. "Freddiemac"

    StarStarStarStarStar
      Current Employee - IT Generalist 

      I have been working at Freddie Mac full-time

      Pros

      Benefits , TimeOff , 401k , team , bonus

      Cons

      seniors have more power than juniors

      Freddie Mac2019-06-21
    • "Great Company"

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

      I have been working at Freddie Mac full-time for more than a year

      Pros

      Excellent culture, great benefits, awesome management, and amazing work life balance.

      Cons

      Career growth is a little slow in the regional office, but the support from the McLean office is great.

      Advice to Management

      Keep doing what you are doing. The company has great people and an excellent culture.

      Freddie Mac2019-06-20
    • "Nice cross-team training"

      StarStarStarStarStar
        Current Employee - Anonymous Employee 

        I have been working at Freddie Mac full-time

        Pros

        a lot of training sessions available, at least for my division

        Cons

        some of the training sessions are boring

        Freddie Mac2019-06-20
      • "NA"

        StarStarStarStarStar
          Current Employee - Contractor 

          I have been working at Freddie Mac full-time

          Pros

          Working environment is good. I like the application and team i am working with

          Cons

          The contract is ending. There is no more budget

          Freddie Mac2019-06-17
        • "Solid Company, Good job security"

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

          I worked at Freddie Mac full-time for more than 3 years

          Pros

          - Scrum /agile methodologies on a large scale (multiple smaller teams) - Nine percent 401k Match after 1 year - Friendly and talented employees - Open office space with mostly nine to five work schedule - Culturally diverse and open to Visa sponsorship - On site gym with sauna; Massive cafeteria with lots of lunch options and subsidized prices; Free coffee & Tea

          Cons

          - Non-senior roles get 10 days of vacation, many senior roles get 15 and increase after many years - Like any massive company, very bureaucratic - Project technology can be anywhere from slightly behind to ancient - Very slow career path for someone starting out, but a great stepping stone and solid experience

          Advice to Management

          Heading in an upward direction in the last few years. Need to increase benefits to compare to the majority of other government jobs in the DC area. Treatment of contractors / full-time employees need to be the same otherwise contractors will not want to work with the full timers (increase cohesiveness between employees). Contractors and employees tend to work in two separate groups - seems to be inefficient and creates...

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          Freddie Mac2019-06-14

          Freddie Mac Response

          June 24, 2019Content Strategist

          We appreciate your review and letting us know that we’re on the right track. We're proud of the benefits we offer and welcome feedback on ways to make them even better. Please know that as part of our 2019 benefit enhancements, all employees, regardless of their tenure at the company, ...

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        • "A lot of layers"

          StarStarStarStarStar
          • Work/Life Balance
          • Culture & Values
          • Career Opportunities
          • Compensation and Benefits
          • Senior Management
          Former Employee - Director in Tysons Corner, VA
          Recommends
          Positive Outlook
          Approves of CEO

          I worked at Freddie Mac full-time for more than 5 years

          Pros

          Work life balance. Solid benefits. Can move around to other areas of company

          Cons

          Can be bureaucratic and political.

          Freddie Mac2019-06-23
        • "My outlook on Freddie Mac"

          StarStarStarStarStar
          • Work/Life Balance
          • Culture & Values
          • Career Opportunities
          • Compensation and Benefits
          • Senior Management
          Current Employee - Administrative & Office Coordinator in Arlington, VA
          Recommends
          Positive Outlook
          Approves of CEO

          I have been working at Freddie Mac full-time for more than a year

          Pros

          Benefits, Flexible Schedule, Student Loan Repayment, First time homeowner down payment, Mentor Managers ready to train

          Cons

          Slow pace, commute, have to stay in a position for a year in order for more opportunity

          Freddie Mac2019-06-05

          Freddie Mac Response

          June 24, 2019Content Strategist

          We appreciate your feedback. Thanks for highlighting our comprehensive benefits, including our student loan repayment program and first-time homebuyers benefit. We work hard to provide our employees more in return, and that includes customizable total well-being offerings and the ...

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        • "Great place to work"

          StarStarStarStarStar
          • Work/Life Balance
          • Culture & Values
          • Career Opportunities
          • Compensation and Benefits
          • Senior Management
          Current Employee - Anonymous Employee 
          No opinion of CEO

          I have been working at Freddie Mac full-time for more than 8 years

          Pros

          Flexibility with work schedule and time

          Cons

          Passive aggressive behavior and lack of space

          Freddie Mac2019-06-06

          Freddie Mac Response

          June 24, 2019Content Strategist

          We appreciate you taking to the time to leave a review. Thank you for highlighting the flexibility in your work environment. Providing our employees with benefits that support their total well-being is a priority for us. We understand that our space modernization can be potentially ...

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        • "Great company who cares about their employees well-being"

          StarStarStarStarStar
          • Work/Life Balance
          • Culture & Values
          • Career Opportunities
          • Compensation and Benefits
          • Senior Management
          Current Employee - ELearning Developer 
          Recommends
          Positive Outlook
          Approves of CEO

          I have been working at Freddie Mac full-time

          Pros

          I cannot say enough great things about this company. The benefits are robust, they care about work life balance, and the pay is very competitive. Starting vacation is 3 weeks, teleworking is permitted (depending on your manager), and they offer a first time homeowners benefit. The people here are smart, friendly, and truly have a passion for what they do. I'm very fortunate to work for such an amazing company.

          Cons

          Only one--too much red tape when it comes to implementing a new idea which slows down the process significantly.

          Freddie Mac2019-05-21

          Freddie Mac Response

          June 12, 2019Content Strategist

          Thank you for your review and letting us know that we’re on the right track. We work hard to provide our employees more in return, and that includes customizable total well-being offerings and the tools to succeed. We welcome your ideas on ways to improve and encourage you to share ...

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        • "Good Company, Good People, Too Much Bureaucracy - I Work in IT"

          StarStarStarStarStar
          • Work/Life Balance
          • Culture & Values
          • Career Opportunities
          • Compensation and Benefits
          • Senior Management
          Current Employee - Anonymous Employee in McLean, VA
          No opinion of CEO

          I have been working at Freddie Mac full-time for more than 3 years

          Pros

          Gym and cafeteria are extremely convenient. Benefits are real good, especially after you've been at the company for a few years. Student loan repayment is helping me out a lot. Great teammates and co-workers that keep me going at my best every single day. They're actively working on getting the technology out of the stone age. Recognition for good work is getting better (SPOT Awards). Diverse workplace with lots of good...

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          Cons

          There's a pretty high turnover rate in my division, which isn't entirely surprising (but getting better). Only some teams get the coaching and structure required to function as a true Agile team. Bureaucracy for IT processes makes performing duties external to your team at best incredibly slow and at worst nearly impossible. You need approvals for EVERYTHING. Work life balance is far better on the business side than the...

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          Advice to Management

          I know it looked like the con list was longer than the pros, but in general, I think Freddie Mac is a good place to work in IT if you are cool under pressure and patient with the slow pace of change (which technology-wise is getting faster). There are a lot of good people there. Sometimes management needs to do more than just listen to feedback and implement some of it. The bureaucracy is a real culture killer, especially...

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          Freddie Mac2019-05-27

          Freddie Mac Response

          June 12, 2019Content Strategist

          We appreciate the positive feedback on your team and are glad to hear that you are taking advantage of Freddie Mac’s student loan repayment program and our total well-being offerings. We’re always working to improve operational efficiencies and encourage you to share your ideas for ...

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        Found 876 reviews