Freddie Mac Reviews | Glassdoor.co.in

Freddie Mac Reviews

Updated Jul 17, 2019

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Found 881 reviews

3.7
StarStarStarStarStar
Rating TrendsRating Trends
80%
Recommend to a Friend
87%
Approve of CEO
Freddie Mac CEO Donald H. Layton
Donald H. Layton
361 Ratings
  1. "Friendly, experienced and smart people. L"

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

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

    Pros

    Great salary, benefits, and extremely intelligent coworkers with real experience.

    Cons

    Scarcity of office space for senior level personnel, bureaucracy, only challenge is timelines, not raising the level of one’s performance. A bit silo’d for my taste.

    Advice to Management

    Get organization/structure together and make smart hires of DOERS vs. adding to plethora of “big thinkers.”

    Freddie Mac2019-03-29

    Freddie Mac Response

    April 17, 2019Content Strategist

    Thank you for taking the time to provide us with your feedback. We offer private rooms and huddle areas throughout our campus to provide our employees with the right environment to succeed. We encourage you to speak with your manager if you have identified areas where we could improve ...

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  2. "It’s ok"

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

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

    Pros

    Opportunities for education Student loan repayment program Teleworking option

    Cons

    No progression or career growth Office Space - very noisy working at HQ Certain teams consist of ppl who have worked there for more than 20 years and are reluctant to change

    Advice to Management

    Communication- details surrounding how different teams can assist in the greater vision for the company

    Freddie Mac2019-03-28

    Freddie Mac Response

    April 17, 2019Content Strategist

    Thank you for your feedback. We appreciate hearing from current employees and are glad you are taking advantage of Freddie Mac’s student loan repayment program and the wealth of learning opportunities at the company. We encourage you to speak to your manager about additional opportunities ...

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  3. Helpful (1)

    "Zero-sum game"

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

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

    Pros

    Excellent benefits, telework available, I like the people in my direct workgroup

    Cons

    Some people will really throw you under the bus, lack of accountability, leadership and management has technical expertise but lacks vision and ability to inspire, hard to advance because hiring managers prefer external candidates

    Advice to Management

    Don't be managers -- be leaders. Your staff does the work and does it well -- recognize and promote them.

    Freddie Mac2019-04-07

    Freddie Mac Response

    April 17, 2019Content Strategist

    Thank you for taking the time to provide us with your feedback. We appreciate hearing from current employees and are glad to know that you're taking advantage of our comprehensive benefits and teleworking options. If you're looking to advance, we encourage you to explore the many ...

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  4. "Best company to work for!"

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

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

    Pros

    Great benefits. Student Loan Repayment

    Cons

    More professional development within company

    Freddie Mac2019-03-22

    Freddie Mac Response

    April 6, 2019Content Strategist

    Thank you for sharing your great experience with us. We love hearing that employees are utilizing our student loan repayment benefit. If you're looking to advance, we encourage you to take advantage of the many learning opportunities at Freddie Mac and speak with your manager about ...

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  5. "Relaxed but not too challenging"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - IT Generalist I in Reston, VA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    The work environment at Freddie is very friendly and people are very nice. Generally the pace of life is pretty relaxed, although this varies from team to team sometimes. Work from home is common (again, depends on your manager) and the benefits have improved since starting work here (example: given an extra 5 days of vacation). The technology being used is modernizing quite quickly (big cloud migration) so there is more...

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    Cons

    Freddie can be slow and bureaucratic at times, although they are trying to change this. Working in the tech departments, the work process can be a bit hazy and directionless. Biggest complaint would be that it isn't a tech company so it doesn't give you the same kind of career growth in that field as some other companies might

    Freddie Mac2019-03-19

    Freddie Mac Response

    April 6, 2019Content Strategist

    We’re working hard on building a better Freddie Mac and reviews like these show us it’s working. If you're looking to advance, we encourage you to take advantage of the many learning opportunities at Freddie Mac and speak with your manager about the next step in your career.

  6. Helpful (17)

    "Lack of diversity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - IT Generalist 
    Doesn't Recommend
    Approves of CEO

    I worked at Freddie Mac full-time

    Pros

    Health benefits Vacation Tuition loan reimbursement Started there after college graduation as a technology analyst. The Tech analyst program is great and it brings new grads to the company

    Cons

    The company claims to be diverse but it's mostly Asians (southeast asians indians) and Chinese in IT. The IT management gives contracts to Indian consultanting companies which in turn bring their h1b workers. Most of the Indian managers hire their own and or get contractors. Most US citizens/permanent residents (white,black,Latinos) are not in IT as it's mostly Indians who hire their own and get their h1b contractors.

    Advice to Management

    More tech analyst will continue to leave this company as they get in and realize the the poor management.

    Freddie Mac2019-03-05

    Freddie Mac Response

    March 27, 2019Talent Community Manager

    We read all reviews and take the comments seriously.

  7. Helpful (2)

    "Stable job"

    StarStarStarStarStar
      Former Employee - Anonymous Employee 

      I worked at Freddie Mac full-time for less than a year

      Pros

      Nothing much to do on the job

      Cons

      Nobody works on the job

      Freddie Mac2019-03-19

      Freddie Mac Response

      April 6, 2019Content Strategist

      Thank you for taking the time to provide us with your feedback.

    • Helpful (11)

      "First Professional Job and Left after 1 Year"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - IT Generalist 
      Neutral Outlook
      Disapproves of CEO

      I worked at Freddie Mac full-time for more than a year

      Pros

      Great benefits. Lots of online training for new employees.

      Cons

      Need to improve technology in order to reduce long working hours. Hired too many consultants because some managers & directors are not as competent. Really bad experience. Almost all the other analysts are looking or leaving. Management was controlled by outside contracting firms. Really really weird culture. I could go for weeks with little to do and then get slammed with a last minute fire drill...

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      Advice to Management

      Find out why every director and project manager have a chief of staff.

      Freddie Mac2019-03-27

      Freddie Mac Response

      April 17, 2019Content Strategist

      We appreciate you taking the time to provide us with your feedback and are sorry to hear about your experience. We read all reviews and take the comments seriously.

    • Helpful (1)

      "Good place to begin a career in RE Finance. But plan to change in 2-4 years."

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

      I worked at Freddie Mac full-time for more than 10 years

      Pros

      Good benefits and exposure to other companies in the commercial lending sector

      Cons

      Very open space plan makes concentrating difficult

      Freddie Mac2019-02-24

      Freddie Mac Response

      March 18, 2019Talent Community Manager

      We appreciate you taking the time to provide us with your feedback. Be sure to check out the private rooms and huddle areas throughout our campus. Our goal is to provide our employees with the right environment to succeed.

    • "Best If work life balance concerns more than salary"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Development Professional in McLean, VA
      Recommends
      Neutral Outlook
      Approves of CEO

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

      Pros

      Work life balance Flexible work arrangement Educational reimbursement Fitness 401k Health Insurance Life Insurance

      Cons

      Low salary compare to market Behind to latest technology trend

      Advice to Management

      At the same level of position with same role there should not be much difference in salary.

      Freddie Mac2019-02-26

      Freddie Mac Response

      March 18, 2019Talent Community Manager

      Thank you for sharing your experience. We appreciate hearing from current employees and are glad that you're taking advantage of our benefits and wellness initiatives. We work hard to provide our employees comprehensive benefits and competitive compensation. Again, thank you for your ...

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    Found 881 reviews