There are newer employer reviews for FOLIOfn

Helpful (6)

good place to work temporarily

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Corporate Actions Specialist in McLean, VA
Former Employee - Corporate Actions Specialist in McLean, VA

I worked at FOLIOfn

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

Pros

pros are networking with others, decent benefits, and a place to grow in developing technical skills and learning new programs

Cons

turnover rate is high, poor management skills, unhappy coworkers, and apparently wallman thinks anyone in the organization is easily replaceable

Advice to Management

there needs to be better time management and more long term planning of the company's goals. also, better communication skills with other departments would be a good start.

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  1. Helpful (4)

    Difficult company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Software Engineer in McLean, VA
    Former Employee - Senior Software Engineer in McLean, VA

    I worked at FOLIOfn

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

    Pros

    Collegues are good. Open in sharing knowledge and discussion.

    Cons

    It's not a company to stay for a long time. In fact in IT, except couple of employees, nobody has been with the company more than 2 years. It is surprising that the development group in IT is so small (only 6 - 9), still the attrition rate is so high. There is no requirements documentation, absolute zero documentation for design. For the new comer, you just have to dig into the code and figure it out. Also, the environment is too bossy.

    Advice to Management

    If the attrition is so high, something should be wrong with the people management. Try to figure out to motivate people. Also take a close look at your development group. You carry a huge risk if you don't make your employees stay for a long time.

  2. Helpful (4)

    Micro-management Capital of the World !!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Programmer in McLean, VA
    Former Employee - Senior Programmer in McLean, VA

    I worked at FOLIOfn

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

    Pros

    Coworkers are great, fun, and a pleasure to be around.

    Cons

    Total Micro-management. Each day we stand around the managers desk in a circle like children and do a show-and-tell. "Yesterday I did this, and today I plan to do that". We each take a turn to speak, and if you have nothing planned for today, you'll get a new Index card with a fresh new task written on it--and beware, the task you get usually will have nothing to do with your core skill set. They have no concept of areas of expertise. In fact, becoming an expert in any one area is specifically frowned upon. Everybody does everything and that is it! Today you could be working with Java, next week Stored Procedures, and the week after JavaScript or Shell Scripts , you do whatever happens to be on the next index card task. From the first day you arrive on the job you will be handed an Index card and told "Do this!", if you have any questions, you will be told to "Dig through the code and figure it out, just do it".

    If you think you bring any expertise with you--forget it ! You have nothing to contribute and nobody in management cares about your opinions anyway, "just do the task on the Index card handed to you today and you'll be fine!".

    Advice to Management

    You manage to hire great programmers, but how long you can keep them is another story. Try having some long-term goals beyond the task of the day, and put the right people in the right place, doing the right things and empower them to do it. Micro-managing people by handing out new Index cards every few days and doing a "show-and-tell" every morning is not the way to build software systems. In fact, I've never seen so many excellent programmers produce so little in my entire career, that it should be obvious that something's wrong!

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