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Forethought Research

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Be Aware of the Forethought Policies - Consultant Forethought Research Employee Review

1.0
Feb 2, 2016
Recommend
CEO approval
Business Outlook

Pros

Compared to other Market Research companies, Forethought pays relatively well. The company offers continuous training, and there are constant employee promotions. Belonging to Forethought is belonging to an Elite of professionals, everyone here is the best of the best.

Cons

The pay does not really compensate the long hours we must work every week. I would prefer life balance to a slightly higher income. Forethought has several policies based on coercion to impede employees to leave the firm. For example, no employee can endorse or give any kind of recommendation about another colleague on LinkedIn. All employees must sign a confidentiality deed with very harsh restraints for after you decide to leave your job at Forethought. These restraints limit ex-employees to work in market research for 12 months in Australia with competitors or in "industries where the employer provides services to, including but not limited to financial services, banking, telecommunications, and other service industries", given that Forethought has provided services in almost every industry is hard to think a field to get your next job. Please notice that according to Fairwork Australia, this clause is "against public policy". Effective January 1, 2016 the new policies of the company do not accept a four-week notice if you want to leave the company. Besides, it requests that employees must inform the company about personal life and career plans. "People who do not includes us in their future plans and instead give us only four weeks’ notice will have their personnel file marked – ‘Not For Re-Employment.’"

Explore other reviews about Forethought Research

5.0
Sep 21, 2017
Recommend
CEO approval
Business Outlook

Pros

Having come from two years at a large management consulting firm, Forethought immediately provided exposure to wider project scope, responsibility and the most senior of clients at admirable brands. I have found the opportunities for growth at Forethought far exceeded those Accenture presented. Furthermore, working alongside some extremely intelligent and motivated colleagues and clients has stretched and challenged me, ultimately resulting in my professional and personal growth. Forethought has facilitated my ongoing career goals and enabled me to move first to Melbourne and later onto New York.

Cons

I see truth in some of the feedback colleagues have posted on here but would propose to others to consider that this sample is not a robust, nor entirely accurate of the population (stats pun intended). I see evidence of recent positive and proactive efforts to improve the workplace based on some of this feedback and feedback from existing colleagues. Consulting is a challenging career path, regardless of which firm you work for. Ensuring you're taking every opportunity presented to you and learning to work within the challenges will make you a better consultant.

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Forethought Research Response
7y
We understand that this feedback is over a year now; however, we wanted to provide an update as to how far the firm has progressed since. The feedback received was confronting, but we are also thankful for it. It has helped us to focus our energies on the things that make our business great – our people. This focus has been an ongoing effort, not only considering what has been said in these reviews, but also reaching out to all our current Colleagues through engagement surveys, one on ones and action groups. We have been working hard to make our business a great place to be. Examples of initiatives include a very active Forehealth program, looking at health and wellbeing, a review of our technology and processes and the implementation of a management team that encourages open and candid feedback and acts on that feedback for the benefit of all Colleagues. We are pleased that this effort was noticed last year and recognise that a transformation doesn't happen overnight. We have had a continued focus on ensuring we take care of our people and feel that this is really seeing positive results. We hope that our Colleagues feel the same.
4.0
Nov 2, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

A real growth environment and therefore there was constant opportunity. Team felt like family and are very supportive, Networking is useful, but management very is approachable and want to help you. They hire really smart people, mostly with postgrad qualifications such as masters or PhDs so if you’re keen to learn or if you’re unsure of something, you’ll have no shortage of teachers. Overall great experience, I’m very satisfied. They are incredibly supportive of employees taking maternity and paternity leave. There is an initiative called ‘forethought mums’ that’s all about being understanding and laying down the foundations to return happy and healthy to work. This creates a very cute community.

Cons

Can be long hours at times, but not as bad as others I've heard of. Email load at times can be pretty intense. Members of I.T are arrogant and not very approachable. The feeling is like they think everyone outside of IT is inept. Even ran a company master class on how to use an iPhone. Please. The ‘culture’ seems to get a bad rap but all I’ve ever experienced is pretty normal stuff. Can be a high-pressure environment, which can be hard on some, but motivating for others, just depends of the person.

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