FM Global

  www.fmglobal.com
  www.fmglobal.com
There are newer employer reviews for FM Global

1 person found this helpful  

FM Global - a rare gem in the insurance world

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Engineer
Current Employee - Engineer

I have been working at FM Global

Pros

1. Family/Work life balance.
   -FM Global practices what it preaches with respect to promoting a well balanced work/family life. It allows for flexible working hours and management is very sympathetic when personal time is needed and requested.
2. Recognized leader in the market place.
    -FM Global conducts its business uniquely in its market by relying heavily on engineering and research to generate profit and affect bottom line rather than simply relying on acturarial practices. This business model has proven to be highly effective and has dinstinguished the company from its competitors.
3. Comprehensive benefit package.
   -In a time when companies are cutting back on benefits, FM Global has remained committed to providing the most comprehensive beneift package to its employees in the forms of good healthcare benefits, 6%-match of 401(k), pension, company-provided vehicles, and even a $250 "healthy living" credit that can be applied towards gym membership, yoga and aerobics classes.

Cons

1. Salary compensation at the lower part of the spectrum.
   - when compared to similar jobs at other companies in the same industry, FM Global's salary is ranked at the "lower end" of the salary range. This could be a difference of $10,000 to $15,000.
2. Team work not as promoted/practiced as it can be
   - emplyees tend to work individually and are responsible for individual performances only. although cooperation and coordination is routinely carried out to complete tasks/projects, it is, nevertheless, far from a working "team-oriented" environment in which empolyees would brainstorm, map out plans, be assigned areas of leadership, and complete a project which can forster team spirit and generate pride in the working environment.
3. Lack of oppotunity for individual creativity and initiative
   -management is typically not supportive of creative solutions or initiatives that are outside of the company guidelines or processes. this environment is somewhat stiffling to those who thrives on providing solutions and meeting objectives through creativity.

Advice to ManagementAdvice

1. Foster better team work utilizing creativity among employees
2. Further adjust salary for CA and NY based employees who are faced with unparalleled rocketing housing prices so compensation will be equitable and relative to employees in other parts of the country.

Recommends
Approves of CEO

146 Other Employee Reviews for FM Global (View Most Recent)

Sort: Rating Date
  1.  

    Not bad

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

    I worked at FM Global part-time (less than an year)

    Pros

    Managers are quite ok at FM Holdings, colleagues are great

    Cons

    Connections are hard to get and hard to climb

    Advice to ManagementAdvice

    Please consider us employees working hours

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    thumbs up

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FM Global

    Pros

    training is structured with plenty resources.

    Cons

    bleeding of engineers is making the management's life a nightmare.

    Advice to ManagementAdvice

    shake up the train and lose mentality. skills and knowledge are going to competitors.

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