Salary and Promotion Freeze - Software Engineer Fannie Mae Employee Review

1.0
19 July 2021
Recommend
CEO approval
Business outlook

Pros

401k and health benefit is good, but if you are not in your 50-60s, just stay away from here. Plenty of vacation days and leaves but if you use them, people will start looking at you differently.

Cons

- They will draw you a big pancake and lowball you for as long as they could. 4 people promote in 2 years in a division that has around 100 full-time employees. - Internal hire process is sketchy, people who clearly has no skills for the position he applied for and yet get to be teach lead. Often people who talks more gets promoted even with little technical skills. - Lowballing new and old employees. - process is PAIN. People will push responsibilities to each other and problems are often left unresolved. - 3 to 4 digit bonus. (Are you kidding me??)

Explore other reviews about Fannie Mae

5.0
25 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

benefits, pay, work life balance

Cons

no cons to be honest

3.0
18 June 2026
Recommend
CEO approval
Business outlook

Pros

Great team and luckily for me great leadership in my direct line up to my SVP.

Cons

It’s horrifying how things have changed since Pulte took over. Layoffs, elimination of entire job categories but not the responsibilities of those jobs. It’s not just you work more because a teammate is gone, it’s do a completely different job while still doing you job plus all of your layed off coworkers job.

3
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