Freddie Mac
Happiness rating is 70 out of 100
3.8 out of 5 stars.
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Freddie Mac Employee Reviews

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United States908 reviews

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3.9Work-Life Balance

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Solid Place to work

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The most useful review selected by Indeed
IT department was a good place to work. Solid co-workers with team oriented goals and achievements. My manager was very good with work life balance.
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Low stress work environment with room to learn

Overall work is pleasant and your colleagues are always fun to be around. The company is involved in very impactful work and said impacts are clear and wide reaching.
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Freddie Mac insights

Based on 206 survey responses
What people like
  • Ability to learn new things
  • Time and location flexibility
  • Fair pay for job

Decent place

Back to office policy is 3 days going in the wrong direction was planned for 2 I’m not sure why they want to give workers less flexibility this will most likely backfire
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Still an Nice Place To Work

The benefits are good, there is plenty of challenging work to do, however the move to 3 days in the office is not appealing to most. Several people have already left.
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Decent pay. Stressful

Decent pay, can and be very stressful. Difficult to apply to other positions as its supposed to be discrete however I have heard that the hiring manager contact current manager.

Pros

Flexibility

Cons

Stressful
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Used to be great (aside from pay)

Pretty easy going place to work. Lots of great people. Great benefits, horrible pay. The attrition has always been a big problem, but they refuse to pay to market. There used to be great work/life balance and flexibility, but the new CEO is a dinosaur and is taking a lot of that away. For now, don’t work here unless he rolls back on this. The attrition that is going to take place over the next few months (due to the new rules from CEO) will cause the company to bleed, and it won’t be a good place to be.

Pros

Benefits

Cons

Pay, inflexible
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Smartest people are not in charge. Buddy system runs the company IT.

Blindly focused on one way of doing things. No documentation, but you are openly criticized of you can't figure out their non standard practices without access or guidance. Poor decisions on which tech to use. Does not consider advice on alternate solutions to unsolved problems. Very much like a classroom where deliverables do not matter. Solutions are not thought of or engineered, just grab what is "neat" and play.
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Great company to work for

Management communicates with employees often great benefits and a great place to balance work life. Lots of flexibility and knowledgeable employees to help you when needed

Pros

Respected by industry peers

Cons

Very big company. Could get lost in the shuffle
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Good balance

Interesting work, good culture, nice people, good work/life balance, great in diversity. Pay and benefits had been good but lagging behind the market since 2020 even while the company is making billions. Limited advancement opportunities once you reach a certain level
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Incredible WLB, terrible advancement opportunity

If you want to cost, this is the place to be. Most people are at the point in their careers where they're happy at their current position. Not for people who want to build a skillset and improve. Managment is tone-deaf and the new CEO is a trainwreck that no one likes.Having said that, the people are awesome and the WLB is incredible.

Pros

Benefits, people

Cons

Hybrid, terrible management
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Great place to work

Nice place to work with great people, diversity, respect and potential for future growth. Offers plenty of opportunity to learn, grow and contribute to everyone's success
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Wonderful place to work

Freddie Mac is a wonderful company to work for who has the important mission of fulfilling the American dream of owning your own home! Their work/life balance is outstanding.

Pros

Great pay and benefits
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Used to love working at FM

- Good people - Good learning opportunities - Worklife balance may exist for some, not all. - Workload can be overwhelming at times- New leadership has a different approach from prior, post-conservatorship leaders, and it feels like the employees needs and happiness are no longer a priority. Total disconnect there that happy employees produce more, which results in a successful company meeting or exceeding its goals.

Pros

Good benefits, good people

Cons

Workload is overwhelming, not enough staff, new Sr Mgmt doesn’t seem to really care about employees
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Great people and excellent corporate culture.

Great people and good corporate culture. Great work/life balance. Quality of management is mixed. There are some really good managers and some are ok managers.
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Good Benefits/Poor WLB

- Good benefits- Good learning opportunities (free udemy)- Poor WLB depending on team- Most coworkers are nice- Little diversity in tech area- Very political
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Work/life balance

Good place to work.Great work/life balaceOne of the best benefits.Depending on a team you are working, some technologies and practices might be outdated
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Used to love it here

Been at Freddie Mac for nearly 15 years and used to love it. As of late, senior leadership is taking the company in the wrong direction and disrupting company culture. Many employees are burned out, stressed out, and overworked.

Pros

Great benefits package including health/vision/dental, 401k matching, onsite cafeteria

Cons

Current leadership (as of 2022) is shifting the company culture for the worst
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I don’t recommend

New leadership and they are changing the Freddie Mac culture. It’s use to be a great place to work but they are turning it into something else. It’s horrible! They don’t pay well, the benefit are ok but you have to pay out of pocket a lot. A lot of unfair things happening like they promote employees without posting the position to give other a shot at it and this list goes on.
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Hit or miss

You could be either with a great department or a bad one. If you're lucky, you get to work with great people and grow your career. If you're unlucky, you're in a world of suck.

Pros

Pay, remote work, training modules, benefits are beyond what most companies have

Cons

Outdated software and managers
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very collaborative and positive environment

Very collaborative and positive environment to work at. Excellent benefits and work-life balance, company embraces holding onto talent for as long as possible and investing in their development.

Pros

very supportive environment

Cons

work isn't always the most interesting
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Great place to work.

Great place to work.Company is very doversed and people are friendly and respectful.Most divisions have a good work life balance. However, it's slow moving, highly bureaucratic since it's a very large GSE.
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Overall rating

Based on 914 reviews

Ratings by category

3.9 out of 5 stars for Work/Life Balance
3.8 out of 5 stars for Compensation/Benefits
3.3 out of 5 stars for Job Security/Advancement
3.3 out of 5 stars for Management
3.6 out of 5 stars for Culture

Ratings from women

3.2
InHerSight Score
2.8Personal Development
3.5Career Opportunities
3.4Family Support
Women rate the female-friendliness of their workplaces on InHerSight
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