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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
      Oct 29, 2008

      What's going on?

      Financial analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great place and people, work life balance, good area to work in. The people are very intelligent and professional and most don't try to cut your throat and would rather work with you than against you in completing tasks. Managers and Directors are top notch, very interested in your professional growth.

      Cons

      Lack of clarity on future role with company, nobody knows what our mission is anymore, bracing for layoffs. Even though there is an open door policy,there isn't a very flat landscape when it comes to communicating thoughts and ideas with upper management. Cafeteria is also a plus but the lack of other options takes away from that.

      3.0
      Oct 26, 2008

      Generally a very good place to work with some caveats

      Release manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Diverse culture and competent people. Much support for flexible and family time. Very supportive for expanding current work role.

      Cons

      Fannie Mae was very bureacratic. One downside was many people have worked for company too long. They also relied too heavily on contractors who carried out all the work. Also not many opportunities to go FT. Ironically in 2006 the new CTO came out and said in a employee all hands that employee turnover was too low and was contributing to low innovation.

      4.0
      Oct 23, 2008

      Good mid-career transition or decent last hurrah

      It manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good work/life balance, compensation, and benefits in current age. Up to 22-23 days leave after 3 years. Very diverse staff. Provides a number of specialty benefits/incentives, for mass transportation, adoption, home purchase, and partners. At least within IT there is opportunity for exposure to high-end systems, processes, and best-practices in any of a number of areas typical of large companies and financials in particular. There are quite a large number of skilled and motivated people, but it's still possible to find a niche where you can be influential if you desire. Company can serve as either a very good transition into financials or large enterprise shops (if you're not afraid to push for experience in different areas), or as a decent long-term stand if you're not very ambitious and are willing to put up with the beauracracy and many idiosyncracies. Based in Washington DC area where economy is generally more stable and there are generally a number of other companies interested in skills you could acquire here.

      Cons

      Moderately bureacratic and fairly siloed; what could be a decent performance system has been warped by "unofficial" policy of grading teams on a curve (only downward), and results in very limited number of highest rankings available even for the very high performers; very few opportunities for advancement (at least on IT side) and some favortism in assignments (leading to high rankings) results in a lot of turnover of high-achievers they really should try to retain. GSE home ownership mission results in frequent bashing by republican politicos as well as revolving-door exec jobs for democratic ones; a significant number of employees historically stay due to the secure job and good compensation and just are in the way; bloated middle-management (an inverted diamond, not a pyramid). Recent government conservatorship likely to result in either the end of the company or at least nationalizing it (making it even more government-like).

      Viewing 2536 - 2538 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.