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Average Salary for Fannie Mae Corporation Employees

Based in Washington, District of Columbia,financial services player Fannie Mae Corporation offers many employment opportunities, including Loan Operations Specialist and Economist positions. Those interested in boosting their bank account turn to Fannie Mae Corporation, where salaries climb well into six-figure range and average pay approaches $106K. Your job title primarily drives compensation; however, your experience level and geography are also reported as secondary influences on salary at Fannie Mae Corporation. The data in this summary comes from the PayScale salary survey.

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How This Employer Pays

Fannie Mae Corporation typically pays:
7%
above market

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Employer: Fannie Mae Corporation
Average Salary Range by Job

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United States (change)


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About This Company

Washington, District of Columbia 

Financial Services

fannie Mae


Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

Information Technology Directors represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $150K per year — though IT Senior Project Managers, Economists, and Senior Business Analysts also do fairly well at around $117K, $95K, and about $93K, respectively. Near the bottom at Fannie Mae Corporation are Loan Operations Specialists, pulling in an average of just approximately $64K.

Years of Experience

For those with one to four years of experience, median paychecks reach $69K annually. For those with five to nine years of experience, average earnings amount to approximately $98K per year. The largest slice of the Fannie Mae Corporation workforce (34 percent) has been working for 10-19 years and earns, on average, about $125K annually.

Locations

When it comes to location, the highest average paycheck (around $132K per year) can be spotted in Reston, Va.; Arlington, Va. ($122K), Mclean, Va. ($120K), and Herndon, Va. ($106K) are the next top-paying cities. Dallas, Texas is one of the lowest-paid cities, with earnings averaging approximately $88K. Across Fannie Mae Corporation's U.S. offices, employees in the state of Virginia earn the most, taking home around $116K annually.

Certifications and Degrees

Monetary compensation comes to $134K per year for Certified ScrumMasters, far surpassing the earnings of non-credentialed workers. Bigger paychecks are awarded to Project Management Professionals with credentials; these people earn about $129K annually on average. At Fannie Mae Corporation, employees who hold a Master of Business Administration (MBA), Business Administration receive the highest salaries at $122K.

Skills

Employees who count People Management among their skills enjoy higher pay; the median for this group is $175K per year. A relatively widespread skill at Fannie Mae Corporation is Project Management; approximately one in four of employees use it for work. Employees also tend to round out their skills sets with Data Analysis, SAS, and Business Analysis.

Benefits and Perks

Paid time off is scarce, with only about one in four workers receiving paid vacation and more than a third of workers receiving sick leave. Nearly all respondents save for retirement through Fannie Mae Corporation's 401(k) plan. Nearly all survey participants report having health insurance, and most survey participants report having dental coverage. A few more workplace perks are a casual working environment, tuition reimbursement, life insurance, and flexible hours.

Key Stats for Fannie Mae Corporation

Gender

Female
39 %
Male
61 %
Salary
$55,752 - $114,965
Salary
$60,967 - $130,936
Less than 1 year
1%
1-4 years
24%
5-9 years
24%
10-19 years
35%
20 years or more
17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.
United States (change)

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