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      Fannie Mae

      Engaged Employer

      Fannie Mae reviews

      3.6

      57% would recommend to a friend

      (2,555 total reviews)
      avatar

      Peter Akwaboah

      43% approve of CEO

      40% positive business outlook

      Ratings by demographic groups

      Fannie Mae has an employee rating of 3.6 out of 5 stars, based on 2,555 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Fannie Mae employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

      Reviews by job title

      3K reviews
      4.0
      Mar 10, 2009

      Very good across the board benefits - limited individual upside

      Senior developer
      Recommend
      CEO approval
      Business Outlook

      Pros

      The company offers very good benefits and work/life balance, although benefits have been regularly trimmed down. The company has multiple locations in the DC area so you can work in a location that's convenient to you most of the time.

      Cons

      No apparent difference between compensation for top performers and average ones. The company basically provides very good benefits across the board (see above) but has a harder time to reward individual performance. Used to have very compelling benefits (like full education assistance) that got canceled.

      4.0
      Feb 26, 2009

      great benefits but lack professional growth

      Senior developer
      Recommend
      CEO approval
      Business Outlook

      Pros

      the compensation benefit and job security are excellent. the environment can be relaxed if one chooses.

      Cons

      the poor management and process can really be a drag if one is serious about getting the job done right. the direction changes by the minutes. politics is very strong.

      2.0
      Feb 26, 2009

      Unnecessary hatchet job in terms of cutting staff

      Senior business manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Mission focus of the work and the sense that the work you do really matters and is important. The culture is pretty collegial - great people tend to migrate to Fannie Mae - those who have not only strong business skills but also have a sense of altruism.

      Cons

      Impossible to be promoted from Senior Manager to Director (where Director is the lowest of senior management ranks). Morale is currently very low. Recent layoffs in January are likely to be followed by more. The business is often poorly run with business decisions being made (e.g. eliminating a team) that then hae to be reversed a few months later (rehiring new staff for recently eliminated team -- I have seen this happen on several occasions. With the current layoff stress their is a lot more back-stabbing as every one struggles to prove their worth and value. Management is stressed as well and is overworking the remaining employees. There is the sense by many Fannie Mae'ers that there is no life after Fannie Mae so most put up with inefficiencies and poor management. Your experience is very much dictated by the quality of your team and manager.

      Viewing 2518 - 2520 of 2,555 Reviews
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      ReviewsFannie Mae reviews

      Glassdoor has 3,053 Fannie Mae reviews submitted anonymously by Fannie Mae employees. Read employee reviews and ratings on Glassdoor to decide if Fannie Mae is right for you.