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mthree Employee Reviews about "2 year contract"

Updated May 22, 2020

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Found 3 of over 200 reviews

4.1
79%
Recommend to a Friend
77%
Approve of CEO
mthree President Todd Zipper (no image)
Todd Zipper
22 Ratings
Pros
  • "The job has many benefits on top of the paid training program before going on-site with your team with an investment banking firm(in 19 reviews)

  • "It's a great opportunity to work at some of the best investment banks in the world (I was placed at Morgan Stanley)(in 16 reviews)

  • Cons
  • "Poor compensation for 2 year contract (so have to wait 2 years to actually make money)(in 3 reviews)

  • "Last minute, not organized, lazy(in 3 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

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    Reviews about "2 year contract"

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    1. 3.0
      Former Employee

      Trainning

      Jan 30, 2020 - Production Support Analyst Trainee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Decent training and provides you with opportunities

      Cons

      you have to go into a 2 year contract

      1 person found this review helpful

      mthree Response

      Head of Talent Acquisition, North America

      Hi there, Thank you for your review and feedback. I am happy to hear your experience within training has been fully positive. Sorry to hear that you see the 2 year contract as a con, this contract isn't binding meaning you aren't locked into the contract, unlike with some of our competitors. This is simply a graduate contract within our alumni program where after two years, you're offered the opportunity to convert over to a full time employee within the role you have been working in, and the organization. In fact, we are very proud to highlight that 96% of our alumni consultants convert over to full time employees, in their role. Feel free to reach out to me with any other feedback - scott.coleman-allan@mthree.com. Best, Scott

    2. 5.0
      Current Employee

      Great transition from campus to full-time IT role

      May 22, 2020 - Consultant in Montreal, QC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Training is enough to kick-start in IT role - Benefits include health&dental coverage with sunlife and gym membership - Lots of employee engagement events

      Cons

      - Poor compensation for 2 year contract (so have to wait 2 years to actually make money)

      Continue reading
      1 person found this review helpful

      mthree Response

      Head of Talent Acquisition, North America

      Hi there, thank you for your feedback and glad you are enjoying your journey with mthree, to date. We enjoy receiving feedback as this allows us to improve even more and ensure your learning experience is even better - please reach out to me to provide any additional information should you be happy to do so - Scott.Coleman-Allan@mthree.com. Our salary/compensations structure has been designed with growth in mind - you will receive an increase every 6 months whilst you grow in your role and naturally and professionally expand your technical knowledge. Best, Scott (Head of Talent, North America)

    3. 2.0
      Current Employee, less than 1 year

      Shady Business Practices & Misleading Alumni Scheme

      Oct 11, 2018 - Alumni Associate 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Easy interview process Faster to get through interview process into a finance institution compared to normal interview process (no assessment centers usually).

      Cons

      Basically just a recruiting company that places you at a finance institution in a grad like position, but takes a cut of your pay Poor pay compared to those in similar position around you Legal minimum annual leave, skilled professionals need more time off than 20 days per annum. Management has little concern over alumnis well-being or progress Stitch you up with a contract stating you have to pay £5k to £15k if you leave within 2 years Contract has a (non-legal) generic no-compete clause stating you cant work in finance or ANY software company if you leave the company in the 2 year contract Training delivers no useful skills and leaves you coming away with less knowledge than if you had just read a (small) programming book for beginners.

      Continue reading
      7 people found this review helpful

      mthree Response

      HR Manager

      Hi, Thank you for taking the time to write a review here on Glassdoor. My first impression on reading your feedback, where you have indicated that you are a current Alumni employed by MThree on our programme, is one of sadness. As I hope you have witnessed, the whole point of the Alumni programme is to manage our graduate’s progress through the two-year programme and to make sure every Alumni Associate’s well-being is being monitored. The Programme’s goal is for all our Alumni to either convert to the client they are working with or to stay with MThree as an Employed Consultant. We are not a recruitment Company. The training as you know, is an intensive 8-week period covering the specific software and coding language(s) your client uses. It is disappointing to hear you did not get the value out of the training that many other Alumni graduates have. This is reflected by the fact that 97% of all our Alumni who complete their two-year placement convert to one of our clients. We are proud of this record and the way the Alumni programme propels graduate's careers. Regarding all Alumni’s pay and conditions - historically we have used a training bond to make sure that the 8 weeks of paid training we provide all our Alumni prior to deployment, is not taken advantage of. Our pay structure and employee benefits are extremely competitive, with your salary after two-years as an Alumni being higher than the average salary of a Software Engineer in London (Non-Graduate). I have started to address some of your feedback points above, however, in order to continue this conversation in a positive and professional manner, with the hope of us improving our programme. Please reach out to me as soon as possible so we can meet to discuss in further detail. Thanks Thomas Seymour Head of HR

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