Freddie Mac Reviews
Updated 25 Jun 2020
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Recommend to a Friend
Approve of CEO
David Brickman
32 Ratings
Pros
"Good work life balance if you manage it" (in 218 reviews)
"Great benefits; great work/life balance; great management" (in 78 reviews)
Cons
"I think once we exit conservatorship, these things will change" (in 52 reviews)
"Some folks in senior management are REALLY (x2) bad and that affects the culture of the division" (in 33 reviews)
- Helpful (1)
"Great benefits, Not-so-good salary"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at Freddie Mac full-time for more than a year
Pros
Amazing benefits (tuition reimbursement, student loan assistance, 8.5% 401k, etc.), great work/life balance, lots of opportunities to learn, moving within the company is very possible, management genuinely cares about you as a person
Cons
Salary could be much better, switching roles within the company will work against you in terms of salary, salaries are dramatically higher for the same role if you're an external hire, how the company loses talent
Continue reading "Good For A Long Time"
Positive OutlookApproves of CEOI worked at Freddie Mac full-time
Pros
FM is a place that you could make a career at and work for a long time. Institutional knowledge is definitely valued.
Cons
Hard to ever gain experience outside of your box.
Thank you for your feedback and for sharing your positive experience at Freddie Mac. To support career growth, we encourage employees to take advantage of the thousands of learning and development opportunities we offer as well as our educational assistance program benefits. We appreciate you taking the time to leave a review and wish you the best in your next endeavor.
"Review"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at Freddie Mac full-time for more than 3 years
Pros
Great Culture, diverse group of folks to work with. Upper management if future oriented and focused on group success. With the right management, employee can grow and see a long term future ahead of them at Freddie.
Cons
Technically not as advanced as one should be in this industry. A lot slower for folks looking for a competitive space.
Freddie Mac Response
June 26, 2020 – HR Communications
Thank you for your review and for mentioning the inclusive culture, leadership and growth opportunities at Freddie Mac. We're continuously working to lead the industry forward in every aspect of our business. Thanks for being a part of our team and for your support of our important mission.
"Great place to work!"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at Freddie Mac full-time
Pros
Wonderful culture, management staff is very easy to work with, company is transparent with their staff.
Cons
Lots of red tape to get anything done, things tend to move slow.
Freddie Mac Response
June 16, 2020 – HR Communications
Thank you for taking the time to leave a review and for mentioning our leadership and culture. We're proud of the team and inclusive culture at this company. Thank you for being a part of it.
"Very Different Work Life Balance Depending on Division"
I have been working at Freddie Mac full-time for more than 10 years
Pros
Being hired from externally pay is good and the benefits are generous.
Cons
Mobility is stagnant and pay increases after hire are small.
Freddie Mac Response
June 22, 2020 – HR Communications
Thank you for your feedback and for mentioning our competitive compensation package. If you are looking to grow your responsibilities in different areas of the business, we encourage you to talk to your manager about new projects you might take on and the next steps in your career journey. Thank you for your feedback and for your years of service in support of our important mission.
"Great work life balance"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at Freddie Mac full-time for more than 10 years
Pros
Great work life balance, and work contributes to providing affordability/stability to housing market.
Cons
Company is presently under conservatorship, future uncertain.
Freddie Mac Response
May 29, 2020 – HR Communications
Thank you for your feedback and for highlighting our flexible work arrangements and important housing mission. We’re proud of the team at Freddie Mac, and we’re continuously working to ensure that our business remains strong, stable and well-positioned for the future. Thank you again for your review and for your years of service to Freddie Mac.
- Helpful (1)
"Good Pay, So-So Culture"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookI worked at Freddie Mac full-time for more than 10 years
Pros
Good pay and benefits, interesting work
Cons
IT is the tail that wags the dog. Their focus is on making sure they cannot be blamed when things go wrong, not on getting stuff done. So, if you are a business PM who has to work with IT, it can be extremely frustrating. Also, the culture at the firm overall is extremely hierarchical. That can be an issue if your project crosses multiple management chains or levels within your chain. Work/life balance was an issue for me - many late nights and weekends.
Continue readingFreddie Mac Response
May 26, 2020 – HR Communications
Thank you for your review. We take all feedback seriously and appreciate you taking the time to provide it.
- Helpful (1)
"Eh."
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
I worked at Freddie Mac full-time for more than 5 years
Pros
Paid well. Easier than private sector consulting.
Cons
It's a bank; a money-first mentality persists.
Freddie Mac Response
May 26, 2020 – HR Communications
Thank you for your feedback and for mentioning our competitive compensation package. We appreciate you taking the time to leave a review and wish you good luck in the future.
"Freddie Mac"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsNegative OutlookI have been working at Freddie Mac full-time for more than 5 years
Pros
Benefits, Work life balance, Salary
Cons
Bureaucracy, Red tape, Corporate hierarchy
Freddie Mac Response
May 12, 2020 – HR Communications
Thank you for your review and for mentioning our comprehensive benefits and compensation package. We appreciate your feedback and your continued contributions.
"I never imagined that I would ever love my job, what an amazing company!"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at Freddie Mac full-time for more than a year
Pros
1) The company wants to make you happy, and they understand that your happiness translates to higher productivity 2) Opportunity to work on what excites you: you can move to another team easily if you like their stack or projects 3) Your feedback is considered 4) Very friendly staff 5) Life work balance (this company really means it) 6) Great benefits To summarize, as the title suggest, Freddie Mac is amazing, you will find yourself very loyal to this company because of the way they treat you.
Cons
Bureaucracy is really way too much, some time this can be a pro, but usually it is a con
Continue readingFreddie Mac Response
May 12, 2020 – HR Communications
Thank you for your review! We enjoy hearing feedback like this and appreciate you mentioning the various ways we help our employees achieve total well-being and fulfillment in their careers. Thanks for your continued support of our important mission. We’re lucky to have you on our team.
Join the Freddie Mac team
Found 958 reviews
Freddie Mac Response
June 26, 2020 – HR Communications