Our Commitment to A
t Freddie Mac, we’re committed to providing professional development opportunities for all employees. As we build for our future, we know the importance of encouraging everyone’s potential.
Freddie Mac is truly a diverse workplace. Almost 50% of our employees are women and 44% are minorities. Last year, minorities made up 44% of total new hires and 42% of all promotions. Also, 48% of our officer promotions were women and 26% were minorities. In addition, our staff includes individuals who come from dozens of nations and speak many languages.
Networking & Education Freddie Mac supports growth and
engagement through its employee network groups. Each of our seven groups works vigorously to ensure that employees understand and appreciate the various cultures in the workplace. Groups host frequent events that include speaking engagements, leadership panels, career coaching and other cultural activities. Recent activities for ARISE (Promoting Personal and Professional Growth for African Americans) have included guest speakers presenting on topics such as: African American ancestry, African American entrepreneurs, and a Freddie Mac African American Executive Panel Discussion focused on professional development and advancement. We’ve also launched an Employee Network Mentoring Program, enabling network members to become mentees and select mentors from across the company. Last year, more than 40% of our work- force participated in diversity education and training. Freddie Mac offers a wide variety of programs, with topics that include “cross- cultural competency”, “unconscious bias”, “micro-inequities”, “cross-generational workforce”, as well as self-efficacy training across demographic groups.”
Professional Development In 2009, Freddie Mac continued to
create opportunities for its employees through many development programs and
Pictured (l-r) at the ARISE Black History Month Celebration: Back Row: Paul Mullings, SVP of Single-Family Sourcing; Preston Lee, Director, Industry Relations & Housing Outreach; Ed Haldeman, CEO; Chris T. Morris, VP/Mission Division, Strategy, Planning and Reporting; Wendell Chambliss, VP/Deputy General Counsel, Mission & Anti-Predatory Lending; Front Row: Bruce Witherell, COO; Hyacinth Kucik, VP/Deputy General Counsel of Litigation; Jeanne Woods, VP/HR Business Partner
initiatives. Freddie Mac University (FMU), the company’s integrated online and instructor-led learning curriculum provides learning and leadership development opportunities in a variety of areas. We also provide development opportunities through our “Leadership Talent Review” Succession Planning Program. Using this process, we identify high-potential employees for open positions, create customized development plans and recommend opportunities for external executive education, coaching, mentoring, 360 degree feedback and strategic job assignments.
In addition, we encourage employees to participate in external professional development programs of organizations such as National Black MBA, National Association of Black Accountants and Executive Leadership Council. Freddie Mac has established long-term relationships with these and other groups, and often participates in and supports their events.
Results
Freddie Mac continues to be recognized as an employer of choice. We’ve been
featured on many “best place to work” lists, including Black Enterprise Magazine’s Top 40 Companies for Diversity and Black Collegian’s Top 100 U.S. Employers, among many others. In addition, many of our executives have received individual recognition:
Tujuanna Williams, our Chief Diversity Officer, was recognized as one of 30 Working Mothers by Working Mother magazine
Ingrid Beckles, Senior Vice President, made the list of 100 Women Worth Watching by Profiles in Diversity and was named one of the 100 Most Powerful Women in Business by Black Enterprise Magazine Senior Vice Presidents Dwight Robinson and Paul Mullings made Savoy Magazine list of the Top 100 Most Influential Blacks in Corporate America
To learn more about Freddie Mac, our support for diversity and opportunities currently available, visit
FreddieMacDiversity.jobs
Makes Freddie Mac Stronger Diversity
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