First Data

www.firstdata.com
There are newer employer reviews for First Data

 

Fast Paced company with too many unknowns

  • Comp & Benefits
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Anonymous Employee in Atlanta, GA
Current Employee - Anonymous Employee in Atlanta, GA

I have been working at First Data full-time (more than a year)

Pros

If you work in corporate, you will not be bored as there is barely any dull moment. Challenges are common and changes happen on a daily basis

Cons

Management is cut throat and they are not loyal to their employees. Too many unknowns ass to whether you will be working the next day or not! Changed management so many times in 5 years... Compensation is not great and people who are full of BS get promoted. Too many VPs and SVPs don't know what they are talking about. Been stripping all the benefits off. No matching 401K, poor medical coverage (blaming Obamacare, PLEASE give us a break!!!), taking away all the incentives just to take the company public. In a nutshell, workforce is not valued as it should!

Advice to ManagementAdvice

How do you expect people to stay in a company that doesn't seem to value them at all????

Doesn't Recommend
Negative Outlook
Disapproves of CEO

580 Other Employee Reviews for First Data (View Most Recent)

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  1. 1 person found this helpful  

    Indiscriminate cuts have led to low employee morale

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Data

    Pros

    Reasonable work-from-home policy. Market leader in their business.

    Cons

    KKR has been moving towards lowering their debt load in order to move towards an IPO and has engaged in cost-saving measures that seem rather shady. They removed employer-match to the 401k in favor of restricted employee stock, and have set a BYOD policy which means employees will pay for company phone calls (which are numerous) from their own pockets. On a more day-to-day scale, I have witnessed conflicting and poorly set priorities, a strong willingness to buy an off-the-shelf solution or outsource process change rather than solve problems in-house, and entire departments which seem to have no sense of accountability in their job function.

    Advice to ManagementAdvice

    Look for advise from employees who perform the day-to-day work, remove the institutional barriers that prevent ground-up innovation, cut the layers of middle management that contribute to the lack of process change. Invest in the useful employees, fire the non-useful ones, and lose the Randian 'culture of ownership' nonsense. Create a true open-door policy for ideas and contributions. Lose institution-wide emails and conference calls in favor of department-specific talking points.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    A good company to work for, but they are moving many jobs away from Denver.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Denver, CO
    Current Employee - Anonymous Employee in Denver, CO

    I have been working at First Data full-time (less than a year)

    Pros

    Great co-workers, decent office environment and nice location in Denver. Average benefits.

    Cons

    Another company deciding to move locations at the expense of their human capital. I am disappointed.

    Advice to ManagementAdvice

    Find better ways to keep good talent and be loyal to your employees.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
There are newer employer reviews for First Data

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