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IFS AB Overview

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Linköping, Sweden
1001 to 5000 employees
1996
Company - Public (IFS)
Computer Hardware & Software
$100 to $500 million (USD) per year
Unknown
Industrial and Financial Systems (IFS) wants to make the most of corporate resources. The company provides enterprise resource planning (ERP) software for midsize companies, as well as asset and product lifecycle management applications. IFS offers industry-specific components ... Read more

IFS AB Reviews

4.2
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Approve of CEO
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Alastair Sorbie
3 Ratings
  • Helpful (2)

    "Great place to work (only) if you get a great manager!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Systems Engineer in Colombo (Sri Lanka)
    Current Employee - Senior Systems Engineer in Colombo (Sri Lanka)
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at IFS AB full-time (More than 5 years)

    Pros

    (Almost) flexible hours. Slightly high salaries compared to the industry average and company profits. Yearly salary increments based on performance. Free lunch (in some locations). Outstanding culture with Swedish roots. Occasional business travel to overseas locations. Occasional opportunities for paid training. Sensible vacation plans depending on the region. Able to take time off when needed. Timely promotions. Health insurance is available for employees and their families. Some regions allow working from home. Paid overtime where applicable. Everyone is given all the material tools that they need to perform their work efficiently. Long-term employees are treated well despite their current competencies. People like the supportive culture among the other things and considers leaving as the last option when nothing works out.

    Cons

    Almost all colleagues are outstanding in their skills and personality but as with all work places there is a fair share of bullies, haters, and people with narrow minds. Salaries are not always in alignment with the value generated by the employees. Promotions just change the designations. Unless promoted to a managerial level the work remains the same through the promotions. No perks or fringe benefits except the base salary and health insurance. Some line managers micromanage their staff, which makes all the aforementioned pros useless when trying to work with the difficult managers. Key talents are not always well compensated but often are pushed for more work. Some long-term employees who are not up to date on their skills despite the training provided to them can sometimes get very defensive and aggressive when they are challenged with new work, which makes them difficult to work with.

    Advice to Management

    Train line managers to focus on professional goals and to perform objective thinking than subjective thinking. Train them to listen and acknowledge what employees have to say than to always preach their thoughts. Invest more in key talents and they will help grow the revenue exponentially if they are used in a good way.

See All 8 Reviews

IFS AB Interviews

Experience

Experience
66%
33%
0%

Getting an Interview

Getting an Interview
33%
33%
33%

Difficulty

2.3
Average

Difficulty

Hard
Average
Easy
  1. Helpful (2)  

    Software Engineer Interview

    Anonymous Employee
    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied through college or university. The process took 2 weeks. I interviewed at IFS AB.

    Interview

    IFS cam to the University and did their company presentation and gave us contact detail to send applications. About two weeks after sending resume to IFS the contacted us and gave us dates for the interview.

    Interview was conducted at IFS office premisses by IFS hiring team. It took around 30min to complete. Several student from my batch was there for interviews at different time slots.

    Several days after I got a call to inform me that I have passed the interview and was given a date for a second interview with company vice president.

    Second interview was a ten to fifteen minuets of personal introduction to the VC.

    About week after they informed me that I was selected and informed me about the salary they are willing to pay. Salary was not negotiable as all of the student who were selected got the same amount.

    In IFS recruitment you will be interviewed and if you selected you will given a training of about two months. After the training you will be put on to a team of their choosing.

    Interview Questions

    • Most of the questions were expected type like standard OOP, programming, project...

      Asked me about the project that I have worked that is most technically difficult.   Answer Question

    Negotiation

    No, all the student selected got same amount

See All 3 Interviews

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