Freddie Mac "work life balance" Reviews | Glassdoor.co.in

Freddie Mac Employee Reviews about "work life balance"

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
360 Ratings
Pros
  • "Freddie Mac sets a work-life balance with inclusive engagement(in 198 reviews)

  • "Great benefits; great work/life balance; great management(in 71 reviews)

Cons
More Pros and Cons

Reviews about "work life balance"

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  1. "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

    Freddie Mac Response

    July 3, 2019HR Communications

    Thank you for your positive feedback. We appreciate hearing from current employees who are taking advantage of our customizable total well-being offerings as giving employees more in return is a priority for us. If you're looking to advance, we encourage you to explore the comprehensive ...

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  2. "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

    Freddie Mac Response

    July 3, 2019HR Communications

    Thank you for taking the time to provide us with your feedback. We’re glad that you mentioned our benefits and work-life balance as we pride ourselves in offering industry-best benefits. We wish you luck in your next endeavor.

  3. "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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  4. Helpful (1)

    "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...

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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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  5. "Overall Good Company"

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

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

    Pros

    Excellent work-life balance, benefit, training opportunities

    Cons

    Technology is getting attention but improves slowly

    Freddie Mac2019-04-28

    Freddie Mac Response

    May 14, 2019Talent Community Manager

    We appreciate your review and letting us know that we’re on the right track. Thanks for the feedback on our technology as we are rolling out many exciting updates in the coming months. We're also proud of our comprehensive benefits and work environment—thank you for being part of ...

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  6. "Great benefits, okay pay, relaxing work environment"

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

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

    Pros

    Great benefits (Vacation, 6% 401k match), relaxing work environment, incredible work life balance and schedule flexibility

    Cons

    Pay is not great compared to the area

    Freddie Mac2019-04-23

    Freddie Mac Response

    May 14, 2019Talent Community Manager

    Thank you for your review. We enjoy hearing feedback like this, especially when it comes to our customizable total well-being offerings. Our employees’ well-being is a priority for us.

  7. "29 Great Years and Counting"

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

    I have been working at Freddie Mac full-time for more than 10 years

    Pros

    Work life balance; top notch benefits; support for personal development; diverse. I started as an Executive Secretary in January 1990 and am now a Business Management Director

    Cons

    Personal experience can be different based on division

    Freddie Mac2019-04-08

    Freddie Mac Response

    April 17, 2019Content Strategist

    We love hearing feedback like this and appreciate you sharing your great experience with us. Thank you for your years of service to Freddie Mac and our mission!

  8. "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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  9. Helpful (1)

    "Pretty great company except for the technology"

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

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

    Pros

    Great benefits; great work/life balance; great management

    Cons

    Insufficient training; technology seems like its from the 80s - made it very difficult and tedious to do my job

    Freddie Mac2019-02-15

    Freddie Mac Response

    March 18, 2019Talent Community Manager

    Thank you for taking the time to provide us with your feedback. Based on employee feedback, our IT division has many exciting updates planned for 2019. Additionally, we encourage employees to take advantage of our more than 1,000 learning and development opportunities as well as benefits ...

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  10. Helpful (2)

    "Great organization as a whole"

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

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

    Pros

    Relatively easy-going company Lots of room for lateral movement Mostly great, personable colleagues Above average pay and awesome benefits Decent work-life balance Leadership is mission driven Diverse demographics

    Cons

    Unclear path for promotion IT is always restructuring/reorganizing with new leadership Weak bonuses for professional level employees Weak annual raises (basically cost of living adjustment) Bureaucracy Inconsistent organizational structures amongst each group/division

    Advice to Management

    My hope is that the culture of Freddie Mac, the thing that drew me to the company and makes me look forward to work, does not change when Don retires. Always hire leaders (Directors and above) with strong emotional intelligence who are personable and have good character and you’ll have high performing teams. Experience comes second.

    Freddie Mac2019-02-06

    Freddie Mac Response

    March 18, 2019Talent Community Manager

    We’re working hard on building a better Freddie Mac and appreciate your review. Department restructuring is sometimes necessary to move the company forward – and while growing pains do exist – we do not make these changes lightly. Making sure our leadership is at their best is a ...

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Found 881 reviews