Shady Business Practices & Misleading Alumni Scheme - Alumni Associate mthree Employee Review

2.0
11 Oct 2018
Recommend
CEO approval
Business outlook

Pros

Easy interview process Faster to get through interview process into a finance institution compared to normal interview process (no assessment centers usually).

Cons

Basically just a recruiting company that places you at a finance institution in a grad like position, but takes a cut of your pay Poor pay compared to those in similar position around you Legal minimum annual leave, skilled professionals need more time off than 20 days per annum. Management has little concern over alumnis well-being or progress Stitch you up with a contract stating you have to pay £5k to £15k if you leave within 2 years Contract has a (non-legal) generic no-compete clause stating you cant work in finance or ANY software company if you leave the company in the 2 year contract Training delivers no useful skills and leaves you coming away with less knowledge than if you had just read a (small) programming book for beginners.

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mthree Response
7y
Hi, Thank you for taking the time to write a review here on Glassdoor. My first impression on reading your feedback, where you have indicated that you are a current Alumni employed by MThree on our programme, is one of sadness. As I hope you have witnessed, the whole point of the Alumni programme is to manage our graduate’s progress through the two-year programme and to make sure every Alumni Associate’s well-being is being monitored. The Programme’s goal is for all our Alumni to either convert to the client they are working with or to stay with MThree as an Employed Consultant. We are not a recruitment Company. The training as you know, is an intensive 8-week period covering the specific software and coding language(s) your client uses. It is disappointing to hear you did not get the value out of the training that many other Alumni graduates have. This is reflected by the fact that 97% of all our Alumni who complete their two-year placement convert to one of our clients. We are proud of this record and the way the Alumni programme propels graduate's careers. Regarding all Alumni’s pay and conditions - historically we have used a training bond to make sure that the 8 weeks of paid training we provide all our Alumni prior to deployment, is not taken advantage of. Our pay structure and employee benefits are extremely competitive, with your salary after two-years as an Alumni being higher than the average salary of a Software Engineer in London (Non-Graduate). I have started to address some of your feedback points above, however, in order to continue this conversation in a positive and professional manner, with the hope of us improving our programme. Please reach out to me as soon as possible so we can meet to discuss in further detail. Thanks Thomas Seymour Head of HR

Explore other reviews about mthree

5.0
10 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Good opportunity for recent graduates and early-career candidates Structured training helps build technical and professional skills Exposure to real client environments and workplace expectations Helpful for gaining industry experience when you do not have many other options Can boost confidence and improve communication in a professional setting

Cons

Client placement can vary a lot depending on business needs Role may not always align with your long-term career goals Full-time conversion is not always guaranteed Pay can feel lower compared to direct-hire roles Less control over where you are placed and what kind of work you do

3.0
25 Feb 2025
Recommend
CEO approval
Business outlook

Pros

During my time at mthree, the company underwent significant restructuring, including numerous layoffs and the transition of departing from Wiley. While there were challenges, the mission behind the Hire, Train, Deploy model was strong in theory and gave me a sense of purpose in helping applicants find opportunities. The North America Talent Acquisition team was the highlight of my experience—led by people who genuinely care about their work and the candidates they support. They are what make mthree so great.

Cons

I've witnessed upper management fail to support an employee after a client placed them in a difficult situation. The entire model of mthree is to provide support from beginning to end of the candidate journey. That experience made it clear to me that mthree was not a long-term fit. The sales department has unstable relationships with clients, which directly impacts the quality and consistency of work available to consultants. As a result, those who complete the 8-week training program often find themselves in uncertain positions once their training ends. Additionally, upward mobility is extremely limited due to the company's small size, making it necessary to look elsewhere for steady career growth.

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mthree Response
1y
Thank you for taking the time to share your experience at mthree. We appreciate your recognition of our mission and the impact of the Hire, Train, Deploy model in creating opportunities for early-career talent. It’s also wonderful to hear that the North America Talent Acquisition team made such a positive impression—our people are truly at the heart of what makes mthree great. We acknowledge that periods of transition, such as restructuring and leadership changes, can bring challenges. We remain committed to improving support for both employees and consultants throughout their journey with us. Your feedback on career progression and client relationships is valuable, and we continue to explore ways to strengthen these areas to ensure long-term stability and growth for our people. We truly appreciate your contributions during your time at mthree and wish you all the best in your next chapter. Thank you again for sharing your insights. Best regards, Steven Ramos NA Talent Manager Steven.Ramos@mthree.com
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