FTSE Group
3.4 of 5 10 reviews
www.ftse.com London, United Kingdom 150 to 499 Employees

FTSE Group Reviews

Updated Feb 24, 2014

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3.4 10 reviews

                             

75% Approve of the CEO

FTSE Group Chief Executive Mark Makepeace

Mark Makepeace

(8 ratings)

50% of employees recommend this company to a friend
10 Employee Reviews
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Stuck in the past - culture from the 1980s

Software Developer (Former Employee)
London, England (UK)

I worked at FTSE Group

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 Senior ManagementArticulate 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.

No, I would not recommend this company to a friend

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Too Many Toxins in the Culture

Product Manager (Former Employee)
New York, NY

I worked at FTSE Group

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

ConsMicromanaged 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 Senior ManagementChange 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

No, I would not recommend this company to a friend

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sales

Anonymous Employee (Former Employee)

I worked at FTSE Group

Prosbrand name is worldwide which helps for future prospect
company is still growing and expanding

Conslack of communication within the organisation.
progression limited
feedback is limited
resources

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Index Analyst

Index Analyst (Current Employee)
New York, NY

I have been working at FTSE Group full-time for more than a year

ProsLayback and lets employees just do their job without too much restrictions.

ConsUK centric. Not a lot of room for growth.

Advice to Senior ManagementBe more involved with non management employees.

Yes, I would recommend this company to a friend

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Is not a bad company but could be so much better

Anonymous Employee (Former Employee)
London, England (UK)

I worked at FTSE Group full-time for more than 3 years

ProsFTSE have a huge brand but it's still a relatively small company so there is still some of the small company benefits to working there and they provide gym membership to the best gym in the world!! It's generally a good atmosphere and the other staff are friendly.

ConsFTSE was in a period of growth and change so they made lots of the 'old guard' redundant which created bad atmosphere. Also, they have so many managers there it's difficult to know who you are reporting to for what. Also depending on who your boss was the working practices differed immensely, some people in our team worked long days with no reward or recognition, it was just expected.

No, I would not recommend this company to a friend

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just some thoughts for reference

Research Intern (Former Employee)
Hong Kong (Hong Kong)

I worked at FTSE Group as an intern for less than a year

Prosprofessional environment and good reward

Conssometimes reqired to work under high pressure

Advice to Senior Managementdo some change to management

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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good place to start with

Anonymous Employee (Former Employee)

I worked at FTSE Group

Proswork life balance was easily achieved
relatively easy-going culture
helpful colleges
good compensation for managerial level

Consnot compensating interns well (mostly unpaid internships)

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Amazing

Intern (Former Employee)
London, England (UK)

I worked at FTSE Group as an intern for less than a year

ProsGood and interesting people
Amazing workplace
Good communication

ConsHard to have a fixed agenda

Advice to Senior ManagementMore planning

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Fantastic place, full of enthusiastic, friendly, knowledgeable people

Anonymous Employee (Current Employee)
London, England (UK)

I have been working at FTSE Group

Prosfriendly, great morale, knowledge-sharing, work/life balance is great, huge consideration to staff e.g. free tea/coffee, plush offices, free gym membership. Very good atmosphere

Consremuneration isn't IB level, despite it being the FTSE i.e. very high-profile.

Advice to Senior Managementno gripes at all with management, they are great at boosting morale

Yes, I would recommend this company to a friend

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Great place to work for

Anonymous Employee (Current Employee)
London, England (UK)

I have been working at FTSE Group

ProsGreat balance work/life
Very nice work environment
People all very friendly
Good opportunities within the company
Good training and perks

ConsBonus schemes not as remunerative as in other companies
Sometimes little cooperation between teams
Difficult to innovate as teams tend to ignore other team's advice

Advice to Senior ManagementIt would be nice to have more innovation within the company in terms of new technologies and approaches towards everyday problem solving

Yes, I would recommend this company to a friend

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