FTSE Group Reviews

Updated January 16, 2015
3 reviews filtered by
  • Any Location
  • Any Job Title
  • Any Status
Employment Status

Reset
1.0
Recommend to a friend
Approve of CEO
FTSE Group Chief Executive Mark Makepeace
Mark Makepeace
1 Rating

3 Employee Reviews

Sort: Popular Rating Date
  1. Too Many Toxins in the Culture

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Manager in New York, NY
    Former Employee - Product Manager in New York, NY

    I worked at FTSE Group

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    An international company with offices in US, Europe and Asia.

    Cons

    Micromanaged with information flowing one way only- up
    Frequent reorganization constantly resulting in downsizing followed by bursts of hiring
    Human Resources department behind the times with antiquated systems

    Advice to Management

    Change your make-up and your culture or you will never develop the labor force to move forward in in industry that is moving forward quickly


  2. Laid back, low pay with no career prospect

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Index Analyst in Hong Kong (Hong Kong)
    Current Employee - Index Analyst in Hong Kong (Hong Kong)

    I have been working at FTSE Group full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    laid back, chilled, stress free, gym membership, easy going

    Cons

    low pay, no career prospect, UK and US centric, industry is small with limited exit opportunities


  3. Helpful (3)

    Stuck in the past - culture from the 1980s

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Developer in London, England (UK)
    Former Employee - Software Developer in London, England (UK)

    I worked at FTSE Group

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    + Free gym
    + Relatively not stressful
    + Some desire of management to make applications "resilient" and more robust but definitely not interested in technology at all
    + Good pay but I guess it makes sense since it's finance after all
    + Free tea/coffee

    Cons

    - Everybody sits closely together in a open plan often noisy office: people walking, talking etc. - hard to concentrate.
    - Rigid and inflexible culture, haven't embraced any modern management techniques: everybody works in the office Monday-Friday, even if you don't talk to your colleagues and do your thing all day; haven't embraced modern technology and its opportunities: distant working, online communication etc.
    - Very "standard" office culture despite claims that it is flexible everyone comes at 08:30-9 and leaves at 5:30-6.
    - Little or non-existent collaboration between different departments (you are on your own island)
    - 2 groups for software engineering - each with their own preferences: one with no documentation and plans and another that likes the waterfall model; needless to say they aren't in a good relationship
    - You cannot download files - no zip files, no exes - you need to file ticket which can take several days
    - The work mode is 1 person - 1 project, one can hardly build big and great things this way
    - One of the greatest (self-)deceptions here is that FTSE officially considers thinks their work day is 7 hours (35 h/week) but no one works 7 works a day, it is more like 9.
    - Total - lack of leadership: even my performance meeting was impromptu
    - Most people are junior in their technical knowledge. A lot of people have left and they continue hiring.
    - A lot of manual work - things based on Excel, manual downloading data from a website, etc.
    - Paid coke and chocolates from a machine
    - Somewhat of a clique environment. I doubt that if you don't get in there you will have a long career here
    - Overall people behave quite reservedly, probably due to the environment (see Advice to Management). It could be months before you get to know your colleague's name who's just 4 yards away. Not a fun environment.

    Advice to Management

    Articulate the career/growth perspectives both of individuals and the company clearly. Proactive leadership plays a critical role in leveraging the commitment of talent. Evolve the place culturally and take it off the 1980s. Promote positive relationships among team members and engage personally with more frequent and visible interactions that affirm the interdependency of organizational goals and individual career aspirations. Your current style is so distant that cannot promote cohesiveness. Give employees a voice , treat them with dignity and consistency; the current style simply promotes presentism which is everywhere on the floor.
    Define the business objectives AND make sure employees are aware of how their contribution helps in the overall project objectives.
    Employ flexible working - some excellent people would just not fit with the 9-6 schedule but their devotion and knowledge would be something worth keeping. Since no one works 7h a day just stop advertising it. Get a better office, that doesn't feel like call centre. Get some more excellent software engineers to build real systems.



Showing 3 of 14 reviews
Reset Filters
RSS Feed </> Embed

Your response will be removed from the review – this cannot be undone.