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Paramatrix Technologies

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Paramatrix Technologies Reviews

4.3

88% would recommend to a friend

(266 total reviews)

Mukesh Thumar

93% approve of CEO

84% positive business outlook

Paramatrix Technologies has an employee rating of 4.3 out of 5 stars, based on 266 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Paramatrix Technologies employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

266 reviews
1.0
3 Dec 2018

Worst Company and not more than a TRAP

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

"Employees are from small universities with a background full of struggle, they are down to earth & hard working too. That's what is making this company to survive in Market."

Cons

-They hire a kind of people who are actually in need of job because of weak financial background, they put them on bond for 3 years & retain 1 lakh of CTC on hold on the name of Performance Incentive for 1-3 years. It abstain their labour turnover to get worst in market. -They use Microsoft logo on offer letter & says it their partner but after joining they shows their real face by forcing to work for a more year if any kind of certification is done with them. -They do not have any idea of client requirements & they just work like a puppet. They do not even have confidence to face any client & just for the sake of their relations they can appoint anybody on any position, no matter what exactly the experience & the profile is. They change even the designations without caring of future of the employee. -They says themselves as an IT company & they are living in 1950s by retaining original academic certificates with a lot of paper work just to show off & for their own security. -They don't give a damn if any girl is staying till 2AM in night. they don't care if they had enough food. These people offer WADA PAO midnight to get energy to work throughout night. Their project managers don't care of Festivals & sentiments of the community they are surviving on & comments unacceptable things when any team member takes leave on any festival. -They treat employees like labour & throw them away any time anywhere but they never realise that the employees are tolerating them because they are in need of that job like hell. -They stopped evening Tea for the sake of cost cutting & they don't find it necessary to put tissue papers & soap in washrooms. They follow their budget cycle for such necessities & never cares of the situation employees face in washrooms. It's weird to say that even the water is not available in washroom a lot of times. -I don't understand what else is left for them to ruin lives. They crossed every limit.

1.0
25 Jun 2018
Recommend
CEO approval
Business outlook

Pros

1. Lots of pitty & soft side in the industry for you once you leave this organization since everyone outside knows Paramatrix treats employees like SHEEP 2. You will never gain weight even if work is sedentary since you will never be provided proper environment or time to eat 3. The cafeteria is literally on the station platform. For one moment you might just compare yourself to the dwellers begging on the platform 4. Very dynamic environment. Company policies change on an hourly basis 5. All employees are considered as RESOURCE that can we switched anytime 6. Absolutely NO LAYOFFS. You are simply asked to resign by yourself.

Cons

1. Visionless and unethical top management 2. Nonmeritorious boot-licking culture 3. Working for Paramatrix is like stopping a train and asking the motorman to run over you but in SLOW-MO. 4. CEO takes ATLEAST 4 overseas vacations in a year. Ever thought of a better way of spending company profits? 5. CEO has less/no control over the company

1.0
14 Jan 2021
Recommend
CEO approval
Business outlook

Pros

Only 1: On Sanpada Railway Station Complex

Cons

Many: 1. Paramatrix is an IT Company famous for multiple attributes like taking an employee to court if they break the contract and extracting the full money (This is one way for the management to complete their targets if they are falling short of their quarterly numbers) 2. HR policies are only management friendly and not employee-friendly 3. During appraisal cycles they act as if you are a beggar and they are giving you donations 4. During Diwali/New Year - Employees (That are the most important asset of any organization) are given the cheapest chocolate/biscuits box available in the market whereas clients are given assorted chocolate boxes 5. Once you start working you'll realize that all top positions in the company are taken by family members and relatives. I kid you not, they get yearly appraisals/bonuses and also awards for good performance - WITHOUT FAIL. The other employees get donations as mentioned above 6. You will never see a happy face on the floor. A company always keeps an employment bond when the attrition rate in the company is considerably high (Everyone shoudl get this) Employees run away for attaining their lost happiness as soon as they complete their 2 year bonds.

Viewing 1 - 3 of 266 Reviews

Glassdoor has 270 Paramatrix Technologies reviews submitted anonymously by Paramatrix Technologies employees. Read employee reviews and ratings on Glassdoor to decide if Paramatrix Technologies is right for you.