Federated Payment Systems
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- Comp & Benefits
- Work/Life Balance
- Senior Management
- Culture & Values
- Career Opportunities
I have been working at Federated Payment Systems full-time for more than 5 yearsPros
None anymore. Greed has changed this company.Cons
They always say it's you. But what's always the common denominator? They are. Ask them who the two managers that accounted for almost all of their growth between 2007-2013 were. The same two, and only two, managers to stem from this organization with an impeccable reputation in the industry. The same two that set almost every company record. Even these two have been deleted from the records and forgotten about. All because they wanted to advance their careers as young business men.
When an employee almost dies after being found the next morning, blood soaked in an elevator, after using drugs and alcohol in the office after hours, you must believe something is wrong.
As a former employee of this organization for MANY YEARS at an executive level, believe me when I say, "do your research." Not only have I had a professional relationship with this organization, I have also had an extensive personal relationship with the individuals that run this company. In the end, I was treated just like everyone else was; disposable.
No matter how good you are, how much revenue you earn them, how hard you work for them, It will come to an end and they will fabricate anything to put the blame on the other party. This is a company who fired 20+ employees, just hours before a company Christmas party. This is a company who intentionally cuts off residual payments. This is a company who will [and has] take away the livelihood of the most loyal of employees. All because they are greedy. One owner says it best with his famous line, "My kids eat first."
This company even went as far as to fire the #1 sales manager for the past 5 years, via a phone call from home, while the employee was at his desk working to earn this company more. This is a manager who has accounted for over 10,000 of their existing clients. All over a rumor that this individual was looking to advance his career else ware after he was told he would never be promoted further. Furthermore, they attempted to slander his name across the company after his dismissal rather than resolving the matter privately. This is an employee who would work 65+ hour weeks with no overtime; fueled by his dedication to the company.
They will attempt to discredit you: They will hypocritically denounce you. Calling you irresponsible, dishonest, or disloyal.
Then they use lines like: Just another case of a rep who cant close Just a guy mad that he cant sell - You violated your agreement ( usually based on fabricated info) to rebuttal any reviews like these.
If you're a sale rep, they will tell you: We can't set appointments in your area anymore, its a bad area. (this is how they get you to perform below your contract requirements so they don't have to pay you anymore)
The bottom line at this company is the bottom dollar. I understand free enterprise, I appreciate capitalism, and yes I was part of this organization for a very long time.
Just remember EVERYONE IS DISPOSABLE at this company.
Federated Payment Systems, a.k.a. Volt Payments, a.k.a. Federated Payments, a.k.a. FPS, a.k.a. OnePay, a.k.a. National Debit Card Network, a.k.a. MSI Canada, a.k.a. Federated Payments Canada, a.k.a. Wholesale Merchant Services, a.k.a. U.S. Bankcard Center.Advice to ManagementAdvice
You should have supported the guys who simply wanted to advance their careers, not turn you back on them. You could have put them on a pedestal, showcasing what one could achieve at your company. Giving the next wave of hires something to look up to. But instead, you decided to throw them to the curb and now you have nothing left as the company role model.Doesn't RecommendNegative OutlookDisapproves of CEO