FDM Group reviews

3.1

53% would recommend to a friend

(3,956 total reviews)
avatar

Rod Flavell

55% approve of CEO

34% positive business outlook

FDM Group has an employee rating of 3.1 out of 5 stars, based on 3,956 company reviews on Glassdoor which indicates that most employees have a good working experience there. The FDM Group employee rating is in line with the average (within 1 standard deviation) for employers within the Informationstechnologie industry (3.9 stars).

Reviews by job title

4K reviews
1.0
Sep 2, 2012
Recommend
CEO approval
Business Outlook

Pros

The technical training itself is good although much of it was not instructor led during my time there. The office/training facility on Wall St is nice.

Cons

While most of the training is good, the training FDM provides to familiarize trainees with the finance world is inadequate. They did not seem to have anyone qualified enough to teach finance basics during my time there. Important to stress that FDM does not guarantee you employment, they shop your resume/CV to companies and facilitate interviews. They are supposed to keep on putting your resume out there until you get placed. As someone in management told me: "it's our job to get you a job". In my case, I did get some interviews but was never placed. After my sign off from training (4 months in), I no longer had to attend the training facility every day. From this point on FDM never contacted me for anymore interviews. No reason was given for this, the interviews just stopped coming in for me. There can be many legitimate reasons why this occurred; but none of the sales people or anyone in management ever bothered to offer an explanation. They just continued to ignore emails sent to them. I have witnessed many trainees get placed with companies so It is obviously not a scam; it just appears to me that the process does not work for everybody.

1.0
Mar 17, 2016
Recommend
CEO approval
Business Outlook

Pros

If you're a woman, then its s good company. Used to have good clients but most banks have left them No other pros

Cons

once you finish training, the office will demotivate and force you to go for any job, any role and any location. if you dont take that regardless of circumstances, they'll threaten to sue you. They'll ALWAYS blame you and point the finger at you even if senior management or account managers are to blame. Help with relocation is non existent and they could tell you that you'll be at a firm for 12 months, but fdm will say that you are needed back after a month for no reason (lose house deposit) For every sick day, you lose £75 per day. They could give you a start date but they'll keep changing it until you start around a month after the original start date. Guys will be told they have interviews but they end up being removed from those lists because they are adding girls to interviews even if the girls don't match the job spec.(sexist) For 9/10 interviews, you won't have a job spec, or even know what you will be doing in that role until after your interview. Account managers see every trainee as 'walking commission'

1.0
Feb 12, 2016
Recommend
CEO approval
Business Outlook

Pros

Plush facility in a High rise Wall Street Skyscraper with the emphasis on plush Easily Accessible by transit Extremely high placement rate

Cons

The dynamic is that you get paid well below the curve for your respective position/stream and are trapped in a highly manipulative contract para dos anos.This is done in order for FDM to negotiate highly lucrative contracts for themselves with their clients in exchange for cheap workers (slave labor) maximizing their profit primarily at your expense. But their rate of placement is exceptional so you technically are guaranteed a job if you complete training. A catch 22 at its finest. So base salary is 23.8K plus a menial bonus for 4-8 hours of work daily upon placement. Honestly you are looking in the range of 35-40k for the first two years at best. Where the average Entry Level Java Developer (Java was my stream) makes 55-60K easily starting out. You can get fired for the most asinine of reasons as some other desperate college graduate will always be ready and available. And after your comprehensive "training" which is grossly overrated in the first place you still have to ace the interview with one of their various clients in order to officially land the job & officially start the contract to get paid salary plus incentive. This isn't necessarily an interview conducive to your stream mind you. You are given three strikes to pass a project/test if not your axed. But honestly if you even breathe the wrong way this can still happen. Its a very airtight environment engineered to appease their prestigious clients at all times. From being, experiencing FDM firsthand its clearly engineered for profit to overshadow every facet. Sales and perception clearly overrules all else especially anything related to the IT trainees which ironically make the bulk of their profit. The bread and butter that make this a viable corporation whether top management will admit it or not is indeed the analysts, developers, PMO support are simply seen as expendable pieces . A wise man once said in chess the pawns go first. And this is applicable to the talent FDM recruits and disposes to further its agenda. Candidly speaking you should only go for FDM if you hit rock bottom and even then strongly consider what you are getting yourself into. All contingencies within the 'agreement' like 30K training fees, waived right to a trial by jury are all structured to work against the employee. Understand that once you agree to their contract you've effectively signed your death warrant.

Viewing 49 - 51 of 3,956 Reviews

Glassdoor has 4,822 FDM Group reviews submitted anonymously by FDM Group employees. Read employee reviews and ratings on Glassdoor to decide if FDM Group is right for you.