FDM Group "2 year contract" Reviews | Glassdoor.co.in

FDM Group Employee Reviews about "2 year contract"

Updated 19 Feb 2020

To filter reviews, or .
3.1
54%
Recommend to a Friend
66%
Approve of CEO
FDM Group CEO, Founder, and Director Rod Flavell
Rod Flavell
766 Ratings
Pros
  • "One thing that is certain is that FDM is a gateway to blue chip companies(in 90 reviews)

  • "The opportunity presented to the dedicated trainees is by far the biggest positive of the graduate programme(in 76 reviews)

Cons
  • "Account managers can improve on salary negotiations after 3rd year on behalf of consultants(in 167 reviews)

  • "You're placed on a strict 2 year contract and the two years don't start until you are placed with your employer(in 81 reviews)

More Pros and Cons

Reviews about "2 year contract"

Return to all Reviews
  1. Helpful (2)

    "Great for Foot-in-the-Door experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Junior Software Developer in New York, NY
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at FDM Group full-time for more than a year

    Pros

    They have connections in the industry that will lead you to opportunities. If you're a competent CS Major/techie that couldn't get positions because of your experience, this company is a great choice. They provide paid training and it's a great opportunity to brush up on technical skills that may have gotten rusty. They offer benefits, paid time off, and 401k matching. You are given an opportunity to travel depending on which client selects you and they do include a relocation package. You generally only work 40 hours. They value diversity and inclusion.

    Cons

    You're placed on a strict 2 year contract and the two years don't start until you are placed with your employer. Your employer can't buy out your contract. The pay is a bit low for the two years and you'll get paid the same regardless of where you're hired. You may not like your team or employer and you have no real say in the matter if you get chosen as a candidate. If you struggle in the course work it's difficult to get additional help. Overtime is discouraged once placed with a client, you only work up to 40 hours a week and it can become awkward planning deadlines.

    Continue reading
    FDM Group2020-02-20
  2. "Meh"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Consultant in New York, NY
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I have been working at FDM Group full-time for more than a year

    Pros

    Full time job for 2 years.

    Cons

    2 year contract feels like prison in most cases and interview process is not personable.

    Continue reading
    FDM Group2019-12-18
  3. "Stay Away"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Java Developer in Toronto, ON
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at FDM Group full-time for more than a year

    Pros

    Access to blue chip companies

    Cons

    Extremely low salary compared to market average. Locked into 2 year contract and you have to pay 30 K to leave early. Management just want to make money out of you, you'll be terminated on the first sign that you're not profitable.

    FDM Group2020-01-02
  4. Helpful (1)

    "Software developer consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at FDM Group full-time for more than a year

    Pros

    Great networking and learning environment Great people Chance to get job positions you may not have been giving a chance for with your previous experience Pretty much payed for first 3 months

    Cons

    Pay is lower than if you got the job on your own. You my need to go to another state (Sydney to Melbourne) and can’t refuse the position. 2 year contract with buy out cost.

    Continue reading
    FDM Group2019-11-19
  5. "Great for getting your foot in the door in the industry. Nothing else."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - IT Consultant in London, England
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I have been working at FDM Group full-time for more than a year

    Pros

    Great for getting expoure to work in large IT and Financial institutions.

    Cons

    "Training" is very minimal and does not accurately represent how much they say it is worth. (I would have had to pay 17.5k for 8 weeks of classes if I left the consultancy before my 2 year contract ended). The quality of training can vary, but my experience was that it was very basic, and something you can easily research yourself online. The only part of training that were useful was the 1 week of SQL, which in itself is not enough. The company does not provide a hospitable environment that would make you want to stay longer than 2 years. For example they are very stringent with holidays and sick pay. They don't pay sick pay until after 6 month of your first placement starting. They do not allow to buy/sell holiday even if the client you are working has signed it off. They also provide very little support once placed with a client. FDM runs very effectively with a great business model for its shareholders but it is essentially a graduate factory. They charge their clients over double the value which they pay their consultants and therefore you have to be willing to stay for 2 years for the exposure to their clients.

    Continue reading
    FDM Group2019-11-17
  6. Helpful (3)

    "Before signing, do a quick google search on why theyre being sued by various parties."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Java Developer in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at FDM Group full-time for more than a year

    Pros

    I literally cant think of any pros. Maybe if youre straight out of college its a good entry point, but even then youre better off working entry level software engineering job and move upward after year 1.

    Cons

    Low pay. Account manager do not care about you. You basically have to do their job for them and keep asking to get placed everyday. They also seem to play favorites too as others seem to go on several interviews for the same position/cohort. No transparency on your pay. Java developers gets the same amount of pay as every other stream. The work I was doing commanded 118k starting and I was barely getting 38k. Promises to reimburse my rent, never to be heard from again. They also tell you stories about how consultants will work at placement site full time after two years, but thats winning the lotto. Talked to several FDMers and only 1 person got full time status after 2 year contract with FDM.

    FDM Group2019-12-04
  7. Helpful (1)

    "2 years is too long"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at FDM Group full-time

    Pros

    Good clients, decent lifestyle in training period if you have a good class

    Cons

    Can’t choose where/who you work with. Salary not that high and fixed for two year (slightly bigger in second). Worst of all - 20,000 to leave before your 2 year contract ends is extortion

    Continue reading
    FDM Group2019-11-08
  8. Helpful (9)

    "Avoid unless absolutely desperate for a job"

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Cloud Engineer in Toronto, ON
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at FDM Group full-time for more than a year

    Pros

    -Good chance you get a job at a large bank

    Cons

    -Training is a complete joke, you can learn more on your own in a couple weeks -Very low pay (40k first year, 45k second year) -Pay around minimum wage during training period -Roles are often misrepresented when presented to you -VERY restrictive 2 year contract starting from when you go on site

    FDM Group2019-10-24
  9. Helpful (1)

    "Decent Entry into corporate tech for those without prior experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - FDM Mountie 

    I have been working at FDM Group full-time

    Pros

    Good Entry into Tech work

    Cons

    low payment and 2 year contract

    FDM Group2019-10-05
  10. Helpful (7)

    "FDM is telling staff + consultants to write 5 star reviews"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Consultant in Toronto, ON
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at FDM Group full-time for more than a year

    Pros

    Great foot in the door if you have no IT experience

    Cons

    2 year contract with $30k termination fee $40k salary first year $45k salary second year Salary has not risen to reflect living costs Consultants are cash cows to FDM, who collects more than $100k in consultancy fees from clients

    Continue reading
    FDM Group2019-10-12
Found 81 reviews