Finacus Solutions Reviews | Glassdoor.co.in

Finacus Solutions Reviews

Updated 3 April 2018
28 reviews

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3.1
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Finacus Solutions Chief Executive Officer Bhushan Kondurkar
Bhushan Kondurkar
4 Ratings

28 Employee Reviews

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  1. "Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Manager in Mumbai
    Current Employee - Sales Manager in Mumbai
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Finacus Solutions full-time (Less than a year)

    Pros

    Working in sales team has been a good experience.
    You get to meet new top management for banks which helps to build great experience.

    Cons

    Travelling is involved a little to more.

    Advice to Management

    No advice for now. This company has a great future.


  2. "Only good for Fresher Learn for 1 year and GET OUT - Exp candidates better stay away"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Development Engineer in Mumbai
    Former Employee - Software Development Engineer in Mumbai
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Finacus Solutions full-time (More than a year)

    Pros

    1. Good exposure to core banking products and inside working environment.
    2. You get to understand all the basic functions of BFSI Sector
    3. You understand how easy to reach/communicate with Management is! (they won't even listen to it... is another part all together) - open door policy

    Cons

    1. Management will never listen to you
    2. Worst profiling description - they will hire you for some JD and you will work on something else after onboarding
    3. Your role is to simply follow commands no additional stuff/idea you can add. You are just not allowed to do so.
    4. You get fed-up way fast by looking at the environment, management behaviour, colleagues support, work dependencies, additional load on you, out of scope work for you, extra hours of working.
    5. They take Cashback of all your Loyalty bonus component which could be almost 30% of your salary if you choose to quite within year. (of course they mention it in Agreement while you sign but remember to read it as well)
    6. Once you are through understanding concepts and developing as much you could do and fedup with management not allowing you to explore more/addon to organization (which is around in 2-4months after you join) its all feel waste to go and work everyday.
    7. Every Saturday Working. Sometimes called on Sunday too.
    8. They will deal with you like outsider while you are no notice period.
    9. Less clean environment on your desk/canteen/washroom (place for only 2 ppl at a time for toilet/urinal)
    10. No Added perks and benefits, no leaves (limited to 1 per Month) while you are on probationary period which is 1 year from date of joining.
    11. There are many more.. It's all worst thing ... they claim to be MNC but they work like still startup started last year.

    Advice to Management

    Listen to Employee Ideas and understand the suggestion of superiors if they say something its always for management benefits.
    At least listen completely what they want to say instead of shouting related to other stuff that they have been working on.
    Add perks and benefits
    Reduce Loyalty bonus amount component
    Improve Leave plan and put Saturday off-working at least alternatively
    Hire 3rd party peoples to do most of Server Management/Application Deployment/Production Upgrade/compliance related stuff.

  3. Helpful (1)

    "Good learning opportunity"

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

    I have been working at Finacus Solutions full-time

    Pros

    Flat org.structure
    Exposure to colleagues from various departments
    Learning opportunity
    Affable employees
    Good food options in the vicinity of the office
    Good rail/bus connectivity

    Cons

    The company works on all Saturdays.


  4. Helpful (1)

    "Honest Opinion"

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

    I have been working at Finacus Solutions full-time (Less than a year)

    Pros

    1. Freshers would learn a lot. The industry/domain has so much to offer.
    2. Experienced folks get to gain a lot especially if you're from an IT / Technology background.
    3. The kind of projects and the exposure you get is great.
    4. The amount of work you get and the timelines you face can make you grow career vice quickly.

    Cons

    1. It's a Banking field. Banks don't take leave on most Saturdays.
    2. It's a growing company so there's more of a challenge trying to fit in or make your mark.

    Advice to Management

    1. Hire more qualified people & distribute tasks evenly.
    2. Second Saturdays could be given as Off day.


  5. "Totally Not Worth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good People to work with

    Cons

    Poor Hierarchy
    Lot of communication gap between teams
    Bad working culture
    Very poor in salaries and appraisals
    Only wants results and not bothered about anything else
    Higher management is degrading as each day passes by

    Advice to Management

    Please understand the problems of your employees
    HR needs to understand the role and act on it
    Everyone is a puppet in the hands of the higher management
    Please get rid of the management staff as they dont know how to talk to the sub-ordinates


  6. "Good For Freshers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Test Engineer in Andheri
    Current Employee - Test Engineer in Andheri
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Finacus Solutions full-time (More than a year)

    Pros

    Good for freshers to get best out of them self

    Cons

    No Holiday on Saturday. At least there should be Week off on alternate saturdays

    Advice to Management

    Give holidays on alternate saturdays


  7. Helpful (4)

    "Good for fresher"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I worked at Finacus Solutions full-time

    Pros

    Worked here more than one year,
    1)good thing its banking domain
    2)As fresher you ll get good domain knowledge.
    3)team member are very helpful.

    Cons

    1.Mgmt for the work is not proper.one person has so many thing to look.
    2.Sometimes person hired for particular position but he is doing other work which is not for that Role.
    3. Loyality charge.....even after giving proper days notice period have to pay back for months i have worked.
    4.salary is low

    Advice to Management

    With respect to work it don't give too much of pressure to one person.
    with repect to Loyaliity ....think on this either ask to give proper notice period or take money from them not both.

  8. Helpful (1)

    "Never Ever work Here"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    Pros

    Didnt Find any reason to work for this company.

    Cons

    1. They give extremely less salary of 9k to freshers .
    2. You are made to work like hell .many times 24hrs continously.
    3.No humanity.Even you are suffering from high fever You will be asked to work
    4.No Job security.


  9. "Good for freshers but management is bad..!"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook

    I worked at Finacus Solutions full-time

    Pros

    So many things to learn , near from andheri station good environment...

    Cons

    Sometimes according to clients pressurize employees which s very bad....

    Advice to Management

    Please treat employees in right way...


  10. "Feedback"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Mumbai
    Current Employee - Anonymous Employee in Mumbai
    Recommends
    Positive Outlook

    I have been working at Finacus Solutions full-time (Less than a year)

    Pros

    Good place to learn and grow. Being in Finacus one get good domain knowledge on Banking & Finance.

    Cons

    All Saturdays are half day working .... :( :(


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