Fannie Mae reviews

3.6

55% would recommend to a friend

(2,558 total reviews)
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Peter Akwaboah

38% approve of CEO

39% positive business outlook

Fannie Mae has an employee rating of 3.6 out of 5 stars, based on 2,558 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
2.0
Apr 26, 2021

Getting worse

Recommend
CEO approval
Business Outlook

Pros

Smart and nice colleagues, friendly work environment and good company culture

Cons

The management squeeze the people below as much as they can. Super long hours for project work due to under staffing/funding, reduced benefits, no annual pay increase based on merit, hiring freeze, and less and less growth opportunities. Workload keeps getting more while head count is being cut. The management doesn’t want to add head count because it will make things look “inefficient”. What makes it worse is even when the team back fills a senior staff that has left, the opening is usually a junior staff position. Poor hardworking junior staff never get to move up. By saving a little cost in this way it lowers morale deeply and doesn’t help keep good employees.

4.0
Dec 14, 2020
Recommend
CEO approval
Business Outlook

Pros

There are good commuter benefits, and 37.5 hour work weeks as opposed to 40. There are interesting corporate events with great speakers. The vast majority of employees are nice and friendly to work with. Fantastic building downtown when we are in office. Most people have the opportunity to do 1 day a week wfh (non-covid, currently entirely wfh). The company is making changes in the name of having a "commercial mindset" and some of that is good. For example, the shift to python/R is giving great opportunities to learn.

Cons

Recent changes to the compensation structure (dropping the merit bonus at year end for lower associates, removing the base 2% 401k contribution but leaving the 6% match), the corporate culture can be toxic at times (overly competitive within the company)

Viewing 166 - 168 of 2,558 Reviews

Glassdoor has 3,056 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.