Altisource Reviews in Bengaluru | Glassdoor

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Altisource Bengaluru Reviews

Updated January 17, 2018
79 reviews

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Bengaluru (India)

1.0
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Altisource CEO William B. Shepro
William B. Shepro
43 Ratings

79 Employee Reviews

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Pros
Cons
  • No work life balance (Flexibility is a curse in disguise) (in 48 reviews)

  • Anytime Firing, No Work Life Balance, (in 23 reviews)

More Pros and Cons

  1. Helpful (3)

    "Bad Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Bengaluru (India)
    Current Employee - Senior Software Engineer in Bengaluru (India)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Altisource full-time (Less than a year)

    Pros

    Cab Facility for pickup and drop
    Team Outing

    Cons

    Rest everything is Cons
    Poor work culture

    Advice to Management

    Do not Hire people if you want to fire them immediately.


  2. Helpful (6)

    "Zero Vision"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Program Manager in Bengaluru (India)
    Current Employee - Program Manager in Bengaluru (India)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Altisource full-time (More than 3 years)

    Pros

    There is good oppertunity for people want to experiment with new technology , You don't need to deliver anything by the time you deliver value the company changes its directions and fire you. This happened in every 3 months

    Cons

    Every Quarter they layoff minimum 5 to 10 % of their workforce due to lack of vision and direction to future. They even fire start performers .

    Advice to Management

    Stop creating fake reviews , one day your reviews may out number your employees

  3. Helpful (6)

    "Join if you don't love yourself [esp for MBAs]"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Bengaluru (India)
    Current Employee - Manager in Bengaluru (India)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Altisource full-time (Less than a year)

    Pros

    Compensation is fine. Nothing else

    Cons

    1) The company does not give a damn for how long how you are working here. They can fire you at any time
    2) The company hires from top B -schools although they don't have work of such high quality.This leads to immense frustration.
    3) Timings are very odd and you need to complete 9 hours in the office even if you dont have any work on the day.
    4) Micromanagement is done which wastes a lot of time on trivial activities and meanwhile all the ideas get lost in the process
    5) No Indian holidays. You feel like a slave here when you dont get holidays even on INDEPENDENCE day.
    6) There is no culture of this company whatsoever. Nothing excited me during my stint here.
    7) The company is in such niche sector that it is next to impossible to switch from here . You'd be stuck forever.
    8) There are no learnings for people who have joined from good B-schools. Your thought process will die

    Advice to Management

    Don't hire people if you cant provide job security plus stop hiring from Top B-schools just to flaunt in front of clients.


  4. Helpful (5)

    "This is not BFSI, this is purely a BPO- Worst company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Bengaluru (India)
    Current Employee - Manager in Bengaluru (India)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Altisource full-time (Less than a year)

    Pros

    Only if you think above average pay at the start of your career (without any career growth) is a plus

    Cons

    There are hundreds of them, but the top 5 are:

    1. Top management sits in Luxembourg, while our clients (and the entire business) are in the US (whatever happened to being closer to your customers!!).

    2. There is no long-term dream of this firm with respect to where it wants to be decades down the line. All business decisions are ad-hoc and not strategically planned.

    3. No career advancement plans/programs for anyone (The existing ones are completely useless and farcical). The promotions are 200% based on your tenure in the company and not your work.

    4. Working with Altisource adds only "experience" on your CV, and not "work experience". No value add; ad-hoc projects are created just to keep you busy.

    5. No exit options (apart from back-end operations roles).

    The most important information: THIS (BANGALORE/MUMBAI OFFICES) COMPANY IS NOT IN BFSI SECTOR (AS IT WIDELY CLAIMS); INDIAN OFFICES ARE PURELY BPO.

    Advice to Management

    Please stop ruining careers


  5. Helpful (4)

    "Don't join Altisource, if your looking for job security"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - SSE in Bengaluru (India)
    Former Employee - SSE in Bengaluru (India)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Altisource full-time (More than a year)

    Pros

    Good Pay and Free Transportation

    Cons

    Continuous Firing
    No Transparency in work

    Advice to Management

    Company is going to close down soon and know one will join, if you keep following same pattern of hiring and firing policy


  6. Helpful (2)

    "job review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Lead Engineer in Bengaluru (India)
    Current Employee - Lead Engineer in Bengaluru (India)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Altisource full-time (More than 3 years)

    Pros

    26 paid leaves a year

    Cons

    almost everything. Random firing happens almost every year.


  7. Helpful (5)

    "Worst company... worst management ,not at all good for career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senor Software Engineer in Bengaluru (India)
    Current Employee - Senor Software Engineer in Bengaluru (India)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Altisource full-time (Less than a year)

    Pros

    Sorry no pros...
    work life balance because sometime there will not be any work (reason company is in very bad position , you never know when they will fire you)

    Cons

    Bad Management.. sorry worst management(This company itself don't know what product or service they want to provide)
    They actually play with your career ,today hire might be next month fire.
    Request you guys don't join this dabba company.. if you want a secure job.

    Why this company is in bad position today: below is the scenario
    1) Client ordered and gave money for an Iphone and asked for the date when Altisource can deliver the phone.
    2) Altisource responded that they can give it immediately.
    3) Next day Altisource itself not clear with the requirement whether client requested for Iphone or 'MIPhone'. (With this confusion.. meeting will continuously go on for next two to three months).
    4) After lots of meeting ,Altisource itself decided that they might have asked for nokia phone.
    and after extending to 1 or 2 year they gave Nokia 105 phone to the client.

    Here is the catch they took money for Iphone and gave Nokia 105.

    This is the reason why company is not doing good.

    Advice to Management

    First try to learn management at least from any coffee shop then run IT industry...

  8. Helpful (7)

    """Worst Place to Work """

    StarStarStarStarStar
    Former Employee - Software Engineer in Bengaluru (India)
    Former Employee - Software Engineer in Bengaluru (India)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Altisource full-time (More than a year)

    Pros

    i did not found anything good !!!

    Cons

    Ready to fire anyone inspite of good performance rating ! no support and humanity at all..plus this is the place i saw where after force resignation they wont even give ur own earning !! hell ....

    Advice to Management

    Rating - Zeroo ( kindly upgrade urself )


  9. Helpful (3)

    "Worst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - SSE in Bengaluru (India)
    Current Employee - SSE in Bengaluru (India)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Altisource full-time (More than 3 years)

    Pros

    Nothing is good about this company

    Cons

    worst company i have ever seen


  10. Helpful (3)

    "Badly managed company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Bengaluru (India)
    Current Employee - Anonymous Employee in Bengaluru (India)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Altisource full-time (More than a year)

    Pros

    -Salary is as per industry standard
    -Enough leaves are provided
    -Office have Gym and Indore games

    Cons

    -Firing and hiring employees is the routine process. Every year we are seeing new team is formed for the same product and fired. No job security.
    -Top level management does not have any solid plans/process to manage projects, probably they don't know how to manage the Projects.
    -Mid level Managers are NOT professionals. All of them are try to save their job and pass the bug to next level.
    -Politics from low level to top level. No reporting hierarchy.
    -This is not good place for professional who want to cherish the career.
    -Those who do not have any other options can take the offer and work until you get better company.

    Advice to Management

    Please remove all old employees who does not understand the project process. All of them are trying to pass their retirement life and they do not want to change. They wanted to live with the decade old technology and process. Please don’t allow managers who does not come from technology back ground to manage the project. Don’t take decision based on the PPTs and reports. All of them are cooked up.


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