So many good people, yet so many problems - Senior Compliance Analyst Fiserv Employee Review

2.0
Apr 19, 2011
Recommend
CEO approval
Business outlook

Pros

Depending on your manager, the flexibility actually is quite high at Fiserv. I never had an issue working from home, and the PTO (at least in Norcross) was decent. Also contrary to a lot of other people, I never felt that I was poorly compensated at Fiserv. Granted, raises have been pathetic recently, but I can not criticize them for that because they have been poor everywhere. Finally, there really were many nice, intelligent people trying to do the right thing. Unfortunately, these people just aren't listened to. (Refer below)

Cons

I will not focus on all of the things noted in other reviews. (e.g. only a high deductible health plan, poor management, too much process, no room for career advancement, etc.) With that being said the primary problems I had with Fiserv were as follows: - Horrendous communication - This was a systemic problem from all levels. CEO, his direct reports, and even THEIR direct reports. Any significant change in the organization was only communicated via hearsay. This HAS to change for Fiserv to progress as a company. Even layoffs were treated as if they didn't happen. No announcements, no discussions, just another day. - Innovation was completely stifled - Because the directive was so heavily skewed towards controlling costs, most employees were afraid to innovate and actually propel products forward. This harvest mode has led to serious deficiencies in some key products. - Consolidation - This is a major component of the Fiserv strategy at the moment...and it's an absolute mess. Many different organizations are trying to balance their own priorities, and many balls get dropped. This is probably due to the poor communication referred to in my initial point. Management, how about you stop, take stock and truly realize what the current state of affairs is? - Executive Compensation - The CEO is paid an absolutely ludicrous salary considering what he has done to employee morale. Layoffs are almost a routine event, yet the CEO continues to rack up left and right. - Training - Formal training is essential for a technology company, yet it seemingly requires the grace of god to be approved for a routine $300 in-town training course. This demonstrates to me that the company is just not interested in investing in its resources.

Explore other reviews about Fiserv

5.0
May 22, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

This is a Good Place to work

Cons

Work - life balance is minimal

4.0
Oct 2, 2021
Recommend
CEO approval
Business outlook

Pros

Pay is decent, great team mates

Cons

New CEO is ravaging the company from inside out. Layoffs, frozen job postings, and revoking all WFH privileges.

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