First Data "no 401k match" Reviews | Glassdoor

First Data Reviews

Updated Mar 20, 2019

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3.0
45%
Recommend to a Friend
50%
Approve of CEO
First Data Chairman and Chief Executive Officer Frank Bisignano
Frank Bisignano
1,222 Ratings
  1. Helpful (1)

    "IT Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - IT Director in Atlanta, GA

    I have been working at First Data full-time for more than 10 years

    Pros

    Innovative approach to client solutions. Opportunities to learn about a variety of payment technologies and systems. Equity sharing with all employees.

    Cons

    Currently no 401K match policy.

    First Data2017-06-12
  2. "Trainer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Trainer in Coral Springs, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Data full-time

    Pros

    Great team to work with, everyone is out to help eachother. Management team is easy going and good to work with. The company recently went public and is looking to build a very employee friendly and diverse culture. Limitations are only defined by your willingness to try new things and effort. Love working here, the people make the place an easy environment to come into everyday.

    Cons

    Pay is okay but not up to market. No 401k matching.

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    First Data2017-06-12
  3. Helpful (9)

    "Ok to get experience but not to make a career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    It pays the bills and you get experience if you have none THATS ALL, only writing in more so that I can leave a review

    Cons

    - NO work/life balance - too much required overnight work - NO 401k matching - annual merits not competitive - understaffed and high turnover - upper management unrealistic with expected project completion dates - project managers are worthless - too much miscommunication between teams working together on a project - uncertainty walking into work knowing if you still have a job - Many of the tenured engineers who have been with the company 20+ years are difficult to work with, very narrow minded and don't care for any new technology - hardware is a joke, 10 year old laptops with maybe 6 GB of RAM - CEO is cheap and will rob from Paul to pay Peter

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    First Data2017-06-29
  4. Helpful (7)

    "Look elsewhereI"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at First Data full-time for more than 10 years

    Pros

    Most of the colleagues were great.

    Cons

    Leadership was out for themselves. No 401k matching, morale was horrible.

    First Data2017-06-15
  5. Helpful (7)

    "Assoc App Dev"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - App Developer in Atlanta, GA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at First Data full-time for more than 3 years

    Pros

    Great coworkers and work-life balance

    Cons

    Minimal benefits, no 401k match, not many opportunities for advancement, high employee turnover rate

    First Data2017-05-04
  6. Helpful (8)

    "It's the land of make believe"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at First Data full-time for more than 3 years

    Pros

    There are some really good people whom are with you in the trenches. Otherwise there is nothing positive to share whatsoever

    Cons

    CEO Frank Bisognano is a ruthless egomaniac whom shows no care for his employees. Layoffs and staff reductions are common occurrences, while Frank continues to bring in his cronies to add to the heavily bloated executive ranks. Benefits are horrible, no 401k match, high deductible healthcare, anemic bonuses. Plenty webs of lies are spun and mistrust is abundant. People in Melville location were communicated that there would be a site east of the east river. No such site ever materialized and the folks were told that what was communicated in the past was the past and things change. In essence too bad and your SOL. Yes it is true that we have been asked to plant positive reviews on this site. Stay away, and never consider this organization. Frank and team have created an oppressive tyranny and there is much better out there.

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    First Data2017-05-28
  7. Helpful (1)

    "First Data Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at First Data full-time

    Pros

    Potential to contribute to turn around first hand, given as much responsibility as you can handle, good management team, very socially progressive

    Cons

    extremely hierarchical, somehow still very bloated despite laser focus on cost cutting, lots of colleagues that do not add value, poor benefits, no 401K matching, underpay for most positions

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    First Data2017-04-17
  8. Helpful (5)

    "Over-Committed to Deleveraging"

    StarStarStarStarStar
    Former Employee - Anonymous Employee 

    I worked at First Data full-time

    Pros

    Peers are generally helpful to each other. Strong work ethic.

    Cons

    No 401k share, medical benefits are not great, not a good working environment, the stress, plotting and politics get fierce the higher up you go.

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    First Data2017-03-25
  9. Helpful (6)

    "Not a competitive pay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Compensation and Benefits
    • Senior Management
    Current Employee - Customer Engineer in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at First Data full-time for more than 5 years

    Pros

    If you are looking for a place to learn

    Cons

    Benefits not that great. no 401k match

    Continue reading
    First Data2017-05-05
  10. Helpful (4)

    "Don't do it"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at First Data full-time

    Pros

    Good training program. But every man for himself

    Cons

    No work personal life and they will drop you in a dime. No 401k match

    First Data2017-03-23

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