Great Team but very old school culture - Legal Contract Manager FIS Employee Review

2.0
Apr 23, 2021
Recommend
CEO approval
Business outlook

Pros

My immediate team and manager were great to work with (even up to the VP level), everyone is friendly and helpful.

Cons

Almost all of senior management is white males. There are a few non-white males however it is not proportional to the population at large. The company is full of double speak, the CEO often says "I want this to be the last company you work for" however nothing they do makes that true, the company does not offer benefits that are competitive with any tech company or Fortune 100 company (which they are aggressively trying to become), the insurance is expensive and they make you pay for benefits that often are included at other employers (such as LTD and STD). They also only offer a 3% 401(k) match when you contribute 6% which is not competitive. Finally the company only cares about shareholder value and nothing to proactively retain employees (most people I know could only get decent raise when they had another offer on the table), the final straw for me was when the company didn't pay bonuses in 2021 but at the same time announced a $13 Billion share buy back program, which will directly make the executives richer. The bonus goals were set pre-COVID and management basically said "well you didn't meet the goals so we aren't paying" while at the same time sending emails saying how we went above and beyond in 2020 given the circumstances. Management could have easily done only an $11 Billion share buy back and used $2 Billion to fund the bonus pool and provided COLA raises.

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FIS Response
5y
Thank you for your review and sharing that you appreciated the friendly work environment at FIS. Since you are no longer an active FIS colleague, we can’t get more details on your feedback with regards to the cons you have mentioned but we wish you the best of luck.

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Cons

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Cons

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