Our goal is for every person at Freddie Mac to feel energized in life, and that means feeling good about what you do and the environment you’re in—at work and at home. With comprehensive benefits including student loan repayment, parental leave and commuter assistance, we aim to support employees’ total well-being.
Your Life
Home Benefit Program
We offer eligible first-time homebuyers up to $12,000 toward their home purchase to cover such expenses as down payments and closing costs, plus paid time off for closing.
Educational Assistance Program
We offer reimbursement up to $10,000 per year for grade-based and accredited college, university, or certification courses.
Student Loan Repayment Benefit
We will help pay down an eligible employee’s student loan by making contributions totaling up to $9,000 over a five-year period.
Transportation Benefit
We cover 75% of our employees’ public transportation commuting cost up to $255 a month.
Flexible Work Arrangements
We offer eligible employees flexible work arrangement options that include teleworking, alternative work schedules, and part-time work.
Freddie Mac Campus
Our home campus offers a modern, contemporary flair with sun-filled lobbies and park-like patios. Employees enjoy on-site amenities that include convenience stores, dry cleaning, mail service, and nearby public transportation.
Casual Dress
We support a casual dress code.
Domestic Partner Coverage
We offer medical, dental, vision, and life insurance coverage for domestic partners, as well as their eligible children.
Maternity/Adoption/Parental Leave
We offer paid leave for new mothers, fathers and adoptive parents, caregivers and domestic partners.
Lactation Program
We offer new mothers a lactation program to support their return to work, including lactation rooms, education classes, telephone support and a return-to-work consultation.
Back-up Child and Adult/Elder Care
We offer near-site back-up child care and in-home back-up child and adult/elder care.
Adoption Expense Reimbursement
We offer reimbursement up to $30,000 for eligible employees who adopt a child.
Your Wellness
Medical Coverage
We offer flexibility with several medical plans to choose from that include POS plans, a consumer driven healthcare plan with a health savings account (HSA), and HMO style plans that provide coverage for doctor visits, hospitalization, prescription drugs, and more.
Dental Coverage
We offer dental coverage for employees and eligible dependents for a wide range of dental services.
Vision Coverage
We offer vision coverage for eye exams, eyeglass frames, lenses, and contact lenses.
Comprehensive Wellness
We provide a variety of programs to assist employees in managing health, stress and more, including healthy dining choices in the home office and wellness incentives.
Employee Assistance Programs (EAP)
We provide employees and their families on-site, 24/7 access to counselors who provides free, confidential assistance to help cope with problems that affect your well-being.
Fitness Center
We offer an on-site fitness center at our home campus, and Health Club reimbursement for regional employees.
Wellness Center
We provide an on-site medical team at the headquarters office in McLean to provide urgent and preventive care services at no cost. A registered dietitian provides personalized nutrition advice.
Your Money
401(k) Savings Plan
We offer a 401(k) Savings Plan that is available to employees shortly after they are hired and provides a 100 percent company match, up to the first 6 percent of pay, and a company contribution equaling 2.5% of pay after one year of service.
Charitable Giving
We encourage and support giving back to the community and we match employees’ charitable contributions dollar for dollar, up to $5,000 each year.
Flexible Spending Accounts
We offer pre-tax savings on eligible expenses through a Health Care Spending Account and Dependent Care Spending Account
Life Insurance
We offer automatic life insurance coverage at one times annual base pay with the option to purchase additional coverage. We also provide accidental death & personal loss, and business travel accident insurance.
Short- and Long-Term Disability Plans
We offer employees protection from the unexpected with short-term and long-term disability plans.
Your Time
Vacation
We offer between 15 and 20 core vacation days based on level and years of service. Employees may purchase additional vacation time beyond the core accrual after the first year of employment.
Holidays
We observe eleven scheduled federal holidays and two discretionary holidays each year.
Sick Leave
We offer full-time employees eight days of sick leave per calendar year with the ability to carry over seven days of sick leave each year.
Bereavement Leave
We offer employees up to ten days of paid leave for the death of an immediate relative or household member and 5 days of paid leave for extended family members.
Jury Duty Leave
We offer employees leave for jury duty or to comply with a subpoena or court order.
Military Leave
Employees are entitled to take leave to serve in the Uniformed Services consistent with the requirements of the Uniformed Services Employment and Re-Employment Rights Act. The continuation of benefits during leave and the right to be re-employed upon completion of such leave depend on a number of circumstances, including the duration of the leave.
Family and Medical Leave
Employees may take up to 12 weeks of unpaid leave for a serious health condition or to care for an eligible family member.
Short-Term Disability Leave
We offer up to 180 days of paid leave for employees that experience illness or injury.
Voting Leave
We offer employees two hours of election time off.
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