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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 Information Technology Director 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 $104K. Fannie Mae Corporation paychecks are largely negotiated based on your role at the company, though geography and how long you've been working are also considered. This report is based on responses to the PayScale salary survey.

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How This Employer Pays

Fannie Mae Corporation typically pays:
5%
above market

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Employer: Fannie Mae Corporation
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$80K$160K$240K
[-]Loan Operations Specialist (4)
$38,882 - $98,010  
   
[-]Loan Operations Specialist (4)
Salary$38,202 - $89,030  
   
Total Pay$38,882 - $98,010  
[+]Information Technology (IT) Director (3)
$91,252 - $228,294  
   
[+]Information Technology (IT) Director (3)
Salary$87,761 - $189,166  
   
Bonus$5,352 - $67,907  
Total Pay$91,252 - $228,294  
[+]Project Manager, Information Technology (IT) (3)
$57,897 - $153,573  
   
[+]Project Manager, Information Technology (IT) (3)
Salary$60,637 - $137,801  
   
Total Pay$57,897 - $153,573  
[+]Economist (3)
$54,116 - $191,741  
   
[+]Economist (3)
Salary$56,559 - $158,962  
   
Bonus$809 - $30,852  
Total Pay$54,116 - $191,741  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 29 Mar 2015 | Individuals Reporting: 72

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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 are the best paid with the average salary hovering at approximately $150K annually; Senior Business Analysts, IT Senior Project Managers, and Economists also rank near the top of the list, pulling in about $125K, $117K, and around $95K, respectively. Financial compensation for Loan Operations Specialists is rather low — on average only $64K — relative to the rest of the company.

Locations

When it comes to location, the highest average paycheck ($132K per year) can be spotted in Reston, Va.; Arlington, Va. (approximately $122K), Mclean, Va. (about $120K), and Herndon, Va. ($106K) are the next top-paying cities. Approaching the lower end of the pay scale (at around $70K) is Glendale, Ariz. By state, Virginia offers the highest pay at $116K annually.

Years of Experience

For those with five to nine years of experience, average earnings amount to $96K per year. Between the one and five year mark, median pay is $67K annually. Overall, the greater share of Fannie Mae Corporation folks have 10-19 years of experience and earn an average approximately $122K per year.

Certifications and Degrees

Those lacking certification bring in much lower salaries than Certified ScrumMasters, who make about $134K annually. Project Management Professionals with credentials can live quite comfortably; median salaries come in at $120K per year. Employees who have a Master of Business Administration (MBA), Business Administration make the most here, hauling in $122K annually.

Skills

When it comes to skills, employees who report People Management among their abilities seem to make the most, reporting a median income of around $175K per year. Project Management is considered a run-of-the-mill skill; about a fourth of Fannie Mae Corporation's people use it regularly. Key skills also include Data Analysis, Business Analysis, and SAS.

Benefits and Perks

Paid time off is in short supply here, with only one in four survey participants receiving paid vacation and one in three survey participants receiving paid sick days. To plan for old age, the vast majority of survey participants maintain savings accounts through the company's 401(k) plan. The vast majority of workers report having health insurance, and a large number of survey participants report having dental coverage. Some other advantages of working at Fannie Mae Corporation are a casual working environment, life insurance, tuition reimbursement, and flexible hours.

Key Stats for Fannie Mae Corporation

Gender

Female
36 %
Male
64 %
Salary
$55,369 - $116,074
Salary
$59,733 - $130,473
Less than 1 year
1%
1-4 years
24%
5-9 years
22%
10-19 years
36%
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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