Fannie Mae Employee Reviews
Out of 119 Fannie Mae employee reviews, 78% were positive. The remaining 22% were constructive reviews with the goal of helping Fannie Mae improve their work culture. The HR team, with 95% positive reviews, reports the best experience at Fannie Mae compared to all other departments at the company.
What does the leadership team need to get better at?
Hiring qualified managers that supports their employees
define a clear direction and strategy for the company, address workload issues, get rid of non contributors.
They have no concern with rewarding performance. The hold on raises gives people no incentive to work hard.
Reduce the noise for Managers. This role is squeezed by both sides, having constant fire drills of senior management and dealing with complaints of direct reports.
Stronger strategic leadership and vision.
Why do you feel undervalued and what would make you feel better about your compensation?
Getting a raise, we haven't had them for 3 years.
Raises for performance and cost of living adjustments.
The company froze merit increases during a time where they are making record profits. The company is not valuing its employees or their contributions.
I would need to be compensated more to meet market standards.
Review from HR Dept
What do your coworkers need to improve and how could you work together better?
step up and work, there is a small group handling the majority of the workload.
They need to resolve interpersonal conflicts without going to management.
Improve communication, be more efficient with meetings and coordination
Stronger performance evaluation to eliminate lower performers.
What needs to change to make the company culture better?
Less meetings, practice what you preach.
Bring in new executives to manage the company
Privacy, quiet, less noisy environment
Physical environment, updated systems, reduced competing priorities, more investment in infrastrtucture.
What would you improve about your company's interview process?
The interview is more about the person instead of the role. Be careful what you sign up for
What's going wrong and how can it be improved?
Hugh Frater and Dave Benson are bad leaders.
VPs promote Directors that don’t challenge them and have mediocre performance. Directors are simply a pass through from VPs to Manager
Still significant bureaucracy, decision making taken at senior management level instead of being pushed down.
What would you most like to see improved at your company?
Value employees and incentivize them to grow. Get rid of the waste and be less risk averse.