Worst graduate scheme there is. Stay away - Recensione dipendente - Legal Advisor presso FDM Group

1,0
30 mar 2018
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

- Potential in finding a placement with a blue-chip firm - Open offices, full of young like-minded graduates with a sense of camaraderie - Free tea - Nice location if you do your training at the London office

Svantaggi

- Poor sense of management structure - Lack of empathy and basic consideration for the needs of their trainees - took 2 days off due to health reasons and was terminated from their training programme due to this, despite producing sufficient evidence to prove that these days off where due to circumstances beyond my control. Both HR and the Academy Managers did not accept this. I sat exams for SQL in the morning of the day of termination, then straight after sitting the exams (and passing them too!) I was called in for a meeting by the Academy, informing me that they wish for me to leave without any good cause! They then forced me to sign an agreement stating the termination was "mutual", when this was not the case and then offered for me to re-start this programme if I wished to this February. I accepted this and told them that my grandmother had unforeseeably passed away, so during the period of 9 week training, I would need to take a day off to attend her funeral. Again, this scam of a company lacked the basic understanding that their employees are humans and not ROBOTS, and said that if I start again but take a day off, I will again be terminated. This is absolutely ridiculous. You are expected to dedicate 9 hours of your day from 8.30am to 5.30pm Monday-Friday. If you arrive even a minute after 8.30am, this could constitute in being terminated from their questionable "training agreement", and then you become liable to apparently £20,000 worth of "training fees". - Not only do you run the risk of being terminated for being ONE MINUTE late to training, and taking a day off for a genuine hospital appointment, but you are also expected to dedicate weeks of your life working VOLUNTARILY for this company. - Their business model is effectively a scam, they promise you that you'll be placed with a blue-chip client after training, but this is very unlikely! I know former trainees who have been on the bench for 6 months without being placed. -You only get paid once you are actually placed with a client. Again, there is no guarantee this will happen, and even still, the pay is significantly lower than you would get if you were employed by the client themselves. FDM takes 70% of the money the client awards for the project, and the trainee themselves only get 30%. - Pay is minimum wage,£18,000 per annumm and as stated only awarded once being successfully placed with one of their clients. This company is NOT TRANSPARENT in terms of this. - Their training agreement has a non-competitive clause, stipulating that you are contractually bound to the company for a salary of only £18,000 (way, way below the average graduate salary), for a minimum period of 2-years. If you decide to leave the company, or the company fires you (for whatever reason they like), you are liable to pay training fees of £20,000. - Google this scam company and you will find not only many poor reviews, but also the fact that they have falsely dismissed trainees, then taken them to the local county courts in hope to make £20,000 - This company are fully EXPLOITING young graduates who have freshly come out of university and are trapping them with their false promises! - Training programme does not come anywhere near to £20,00 - Training is poor- you cover things such as "professional skills" for a week, which is basically going over how to perform at interviews, and how to speak in a professional way, as well as other models to do with finance, IT and banking regulations that a) you will have most likely covered at university if you studied Economics, Finance, Accountancy, Law, Computer Science, Maths or similar. and b) this training can be self-taught. - PLEASE STAY AWAY AT ALL COSTS

avatar
Risposta di FDM Group
8y
I’m sorry to hear that you had a bad experience with FDM and that you don’t think we care about you. Our people are the most important part of our business and we invest a significant amount of resources into launching careers. We appreciate that the programme may not suit everyone, which is why we are as transparent as possible and go through the model as well as all the terms and conditions during the assessment process (including the two year bond and the compensation details). There is a 2 week ‘cooling off’ period after starting for you to really work out if FDM is the right career move also. The business doesn’t make any money from training candidates without placing them. The vast majority of FDM consultants progress to enjoy successful and lucrative careers, which is what we set out to achieve and the reason why we are a successful business. We have thousands of consultants working for us worldwide and so of course, we understand that circumstances beyond a person’s control happen. On these occasions we take a collaborative approach so your comment about being dismissed for no reason sounds very odd. I would welcome the opportunity to discuss your feedback further. Please email andy.brown@fdmgroup.com Andy Brown – Chief Commercial Officer

Esplora altre recensioni su FDM Group

5,0
29 set 2025
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Will get opportunities to work with financial clients,

Svantaggi

But only as a contractor.

1
1,0
13 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

It is a job that pays.

Svantaggi

They will promise you opportunities that don't exist. The company they contract you to will promise you work that you will not be assigned. I was a Java Consultant with a masters degree in Math and certificate in full stack and I was shoved into a manual testing position that required zero coding and constantly dangled automation in front of my face. When I was asked to look at Selenium, I studied it in some of the copious amounts of downtime i had and was reprimanded during the next meeting for 'wasting company time'. I moved from Texas to New Jersey for my first position. After contracts with the company were terminated, I was pulled off my assignment only to be abruptly fired for "lack of geoflexibility" despite willingness to move to several places they do business including NYC and even Denver. There is no accountability from them as the only response they give is "the decision is final". There is no way to appeal a blatant lie. Their company has no integrity and side with business majors over people that know how chemicals and physics and electrical components work just seem like bad life decisions. They will say you can reapply but they won't hire you. They'd full of it at every angle.

5
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