FDM Group reviews

3.1

53% would recommend to a friend

(3,949 total reviews)
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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 3,949 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 Tecnologías de la información industry (3.9 stars).

Reviews by job title

4K reviews
1.0
Mar 30, 2018
Recommend
CEO approval
Business Outlook

Pros

- Potential in finding a placement with a blue-chip firm - Open offices, full of young like-minded graduates with a sense of camaraderie - Free tea - Nice location if you do your training at the London office

Cons

- Poor sense of management structure - Lack of empathy and basic consideration for the needs of their trainees - took 2 days off due to health reasons and was terminated from their training programme due to this, despite producing sufficient evidence to prove that these days off where due to circumstances beyond my control. Both HR and the Academy Managers did not accept this. I sat exams for SQL in the morning of the day of termination, then straight after sitting the exams (and passing them too!) I was called in for a meeting by the Academy, informing me that they wish for me to leave without any good cause! They then forced me to sign an agreement stating the termination was "mutual", when this was not the case and then offered for me to re-start this programme if I wished to this February. I accepted this and told them that my grandmother had unforeseeably passed away, so during the period of 9 week training, I would need to take a day off to attend her funeral. Again, this scam of a company lacked the basic understanding that their employees are humans and not ROBOTS, and said that if I start again but take a day off, I will again be terminated. This is absolutely ridiculous. You are expected to dedicate 9 hours of your day from 8.30am to 5.30pm Monday-Friday. If you arrive even a minute after 8.30am, this could constitute in being terminated from their questionable "training agreement", and then you become liable to apparently £20,000 worth of "training fees". - Not only do you run the risk of being terminated for being ONE MINUTE late to training, and taking a day off for a genuine hospital appointment, but you are also expected to dedicate weeks of your life working VOLUNTARILY for this company. - Their business model is effectively a scam, they promise you that you'll be placed with a blue-chip client after training, but this is very unlikely! I know former trainees who have been on the bench for 6 months without being placed. -You only get paid once you are actually placed with a client. Again, there is no guarantee this will happen, and even still, the pay is significantly lower than you would get if you were employed by the client themselves. FDM takes 70% of the money the client awards for the project, and the trainee themselves only get 30%. - Pay is minimum wage,£18,000 per annumm and as stated only awarded once being successfully placed with one of their clients. This company is NOT TRANSPARENT in terms of this. - Their training agreement has a non-competitive clause, stipulating that you are contractually bound to the company for a salary of only £18,000 (way, way below the average graduate salary), for a minimum period of 2-years. If you decide to leave the company, or the company fires you (for whatever reason they like), you are liable to pay training fees of £20,000. - Google this scam company and you will find not only many poor reviews, but also the fact that they have falsely dismissed trainees, then taken them to the local county courts in hope to make £20,000 - This company are fully EXPLOITING young graduates who have freshly come out of university and are trapping them with their false promises! - Training programme does not come anywhere near to £20,00 - Training is poor- you cover things such as "professional skills" for a week, which is basically going over how to perform at interviews, and how to speak in a professional way, as well as other models to do with finance, IT and banking regulations that a) you will have most likely covered at university if you studied Economics, Finance, Accountancy, Law, Computer Science, Maths or similar. and b) this training can be self-taught. - PLEASE STAY AWAY AT ALL COSTS

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FDM Group Response
8y
I’m sorry to hear that you had a bad experience with FDM and that you don’t think we care about you. Our people are the most important part of our business and we invest a significant amount of resources into launching careers. We appreciate that the programme may not suit everyone, which is why we are as transparent as possible and go through the model as well as all the terms and conditions during the assessment process (including the two year bond and the compensation details). There is a 2 week ‘cooling off’ period after starting for you to really work out if FDM is the right career move also. The business doesn’t make any money from training candidates without placing them. The vast majority of FDM consultants progress to enjoy successful and lucrative careers, which is what we set out to achieve and the reason why we are a successful business. We have thousands of consultants working for us worldwide and so of course, we understand that circumstances beyond a person’s control happen. On these occasions we take a collaborative approach so your comment about being dismissed for no reason sounds very odd. I would welcome the opportunity to discuss your feedback further. Please email andy.brown@fdmgroup.com Andy Brown – Chief Commercial Officer
3.0
Apr 26, 2017
Recommend
CEO approval
Business Outlook

Pros

Placement. FDM Group has built relationships with financial firms that benefits any college graduate who are having trouble getting hired. Within 6 months (most with 3) the "consultant" will be placed on a high-end contract.

Cons

Support and transparency. During the initial 3 month training period FDM instructors motivate and inspire their students. The sales force takes the students and parades them in front of their clients as if they were on the streets of Vegas. Then the client accepts the contractor and the contractor moves on. The contractor is not a Full Time Employee of the client and there is no support from FDM Group. The contractor is a step child. During this exchange the contractor has no insight into the contract, its true duration and the process in general. The problem is that the contractor is treated like a rental car but told he is a valued product. Don't be glossy eyed. The contractor has a great opportunity to get a position with a high-end firm, but don't look for any perks or support until the contract is over. This is liken to an immigrant paying their dues to the coyote before they can appreciate their access to the USA.

2.0
Apr 22, 2016

Calculated risk

Recommend
CEO approval
Business Outlook

Pros

Some huge blue chip clients. Chance to get jobs you wouldn't get as a graduate straight out of uni. Chance to kickstart a career in the industry with one of the clients mention above.

Cons

Training is garbage apart from the recognised qualifications such as PRINCE 2 and ITIL. When in the academy after completing training you have to sit there with nothing to do apart from update your CV. Bored mindless and treat like children back at school. As mentioned in another review, consultants are second class compared to the account managers etc.. Shocking considering we're the ones that earn the company money!!! Woeful Salary. Tied in for 2 years after completing 2 weeks of training. Incidentally the red flags only start after you're locked in, I wonder why... Low retention rate says it all. I'm with a client that I believe to be one of the biggest fdm consultant population and I'm yet to hear anyone have a good word to say about the company. Even the hiring managers within my client pity us! Awful holiday situation, i.e we're not paid the daily bonus for bank holidays. Considering the money they make from each consultant and low wages offered this is criminal. Wage hasn't increased for years.

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FDM Group Response
10y
Jonathan Young - CIO says: Thanks for your feedback. We always value input to help us continually improve the FDM Careers Programme. We’re so glad you see the value that FDM has to offer recent graduates looking to get experience and exposure at some of the world’s top companies. I’d like to address some of your points of concern to hopefully provide some clarification: - We stand by the quality of our training, which is designed quite closely to be fit for purpose with the current demands of the industry. We tailor this in collaboration with our clients, who associate FDM Consultants with high calibre of training. - If there is time between your sign-off from training and your placement start date onsite with the client, there are a number of important and engaging things that we encourage you to be doing beyond updating your CV. FDM always supports continued learning and skills advancement. If this opportunity was not made clear to you, we suggest you contact Liam.Jons@fdmgroup.com to discuss this issue further so we can ensure it doesn’t happen again in the future. - Our talented Consultants are truly FDM’s greatest asset, so if you have been treated otherwise by a member of FDM staff then this is something we take quite seriously. We encourage you to contact Human.Resources@fdmgroup.com so we can discuss and hopefully resolve this issue further. - We do our absolute best to be fully transparent with regards to the salary and holiday policies up front, so if there is a way we should be communicating this differently we are absolutely open to your suggestions. FDM’s aim is to train our Consultants to the highest standard and give them exposure working for prestigious clients, setting them up for lucrative career progression after their two-year contractual commitment is complete. - We do, in fact, reward Consultants in a number of ways. Every month, we select 4 Consultant of the Month winners from around the globe, based on nominations from the clients themselves. The FDM Stars initiative recognises 4-5 individuals each month who have gone especially above and beyond in their role. Consultants who are interested in being a point of contact and helping other FDMers in making their transition to the client site also have the opportunity to apply to be a Consultant Support Ambassador. This position includes additional compensation. We truly love highlighting and celebrating the accomplishments of our Consultants, so these reward initiatives are important programmes that have been in place at FDM for many years. We see that you are still a current employee. Your feedback is valuable and we’d like the opportunity to discuss any suggestions for improvement you may have, so please feel free to contact Consultant Support, HR or myself directly. Jonathan Young - CIO
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