At Freddie Mac, you’ll enjoy a highly competitive benefits package that you can customize to meet the needs of your family.
Our benefits are designed to keep our most important asset – our people – moving ahead.
- Adoption Expense Reimbursement
We offer reimbursement up to $8,300 for eligible employees who adopt a child.
- 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.
- Domestic Partner Coverage
We offer medical, dental, vision, and life insurance coverage for domestic partners, as well as their eligible children.
- Educational Assistance
We offer reimbursement up to $5,250 per year for grade-based and accredited college, university, or certification courses.
- First-Time Homebuyers Benefit
We offer eligible first-time homebuyers up to $12,000 toward their home purchase to cover such expenses as down payments, loan origination or discount points, and other closing costs.
- Flexible Work Arrangements
We offer eligible employees flexible work arrangement options that include teleworking, compressed work weeks, 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 business casual dress and on-site amenities that include convenience stores, dry cleaning, mail service, and nearby public transportation.
- Transportation Benefit
We offer employees the opportunity to purchase transit passes with pre-tax dollars.
We offer a full suite of wellness options that support you and your family.
- Medical Coverage
We offer flexibility with several medical plans to choose from that include POS plans, a consumer driven healthcare plan with a health reimbursement account, 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.
- Flexible Spending Accounts
We offer pre-tax savings on eligible expenses through a Health Care Spending Account and Dependent Care Spending Account.
- Employee Assistance Programs (EAP)
We offer an on-site EAP counselor who provides free, confidential assistance to employees and dependents. Additionally, we offer Lifeworks Program counselors who provide resources and referral services for a wide range of personal and family matters.
- Fitness Center
We offer an on-site fitness center at our home campus, and Health Club reimbursement for regional employees.
- Wellness Center
We offer the convenience of seeing a doctor onsite at our home campus, at no cost.
Our programs support your goals to save, protect your income, and plan for retirement.
- Thrift/401(k) Savings Plan
Employees can participate in our Thrift/401(k) Savings Plan shortly after they are hired and are eligible for a 100 percent company match, up to the first 6 percent of pay, and a discretionary contribution after one year of service based on company performance.
- 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.
Our policies place a high priority on supporting flexibility and balance for your work and life.
New hire employees accrue 10 days of vacation, 15 days if hired with mid-career status, or 20 days if hired as an officer. After their first year, employees may elect to purchase additional vacation time above their core accrual.
We observe seven scheduled federal holidays and four 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 three days of paid leave for the death of an immediate relative or household member.
- 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.
- Adoption Leave
We offer employees up to 30 days of paid leave to care for a newly adopted child.
- 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.