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First Derivatives

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First Derivatives Reviews

3.3

55% would recommend to a friend

(866 total reviews)
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Seamus Keating

54% approve of CEO

45% positive business outlook

First Derivatives has an employee rating of 3.3 out of 5 stars, based on 866 company reviews on Glassdoor which indicates that most employees have a good working experience there. The First Derivatives employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

866 reviews
1.0
Nov 3, 2015
Recommend
CEO approval
Business outlook

Pros

If there are any pros, it's not worth it.

Cons

- If you are hired by FD, then you can forget about these things: - Career Path - Proper training/mentor ship/ - HR system/ - short term goals and long term goals - - Although they attempt to convey a friendly company (from their random emails with baby staff news and such) , they have NO regard for their resources. This is ANYTHING but a friendly company. They use fear tactic to pigeon-hole you in a role. - Roles are assigned not based on skill-sets but based on what FD can sell you for - they change your profile to fit the positions they have open, and once you are placed, they forget you exist - If you ever decide to resign, they bully you and threaten to file a law suit against you & the company you will be going to work for - They need a 3 month resignation notice which makes it impossible to move to another job without having to fight FD or run the risk of being jobless for a while - They are cheap in EVERY possible way when it comes to paying out for your expenses Do not work for FD! They damage your career path, they make it absolutely nasty and difficult to change assignments or position, and along the way they damage your reputation.

3.0
May 4, 2015

Good for new grad's, not recommended for experienced hires

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Working at First Derivatives could be a great experience for juniors and new graduates who are looking to get exposure to different areas of technology in finance and banking. Compensation is relatively better than similar jobs.

Cons

Although company promises exposure to different areas of banking and potential to travel for , it is very likely that a consultant is assigned to one client and similar projects over and over again. Compare to other capital markets consultancy firms (Deloitte, PWC), First Derivatives appear to be more of a placement agency. Company fails to consider consultant's individual's background in assigning them to a project ; Placement takes priority over overall experience or career path. There is rarely any certain career path as consultants often end up developing skills in areas they did not plan for. Consultants can be contracted to a client as Business Analyst but depending on clients need, consultant can be utilized as QA. There is not a clear HR support system for consultants working outside of HQ. There is very minimal subsidised training options for experienced consultants.

2.0
Jun 10, 2020

Bad Culture

Recommend
CEO approval
Business outlook

Pros

good pay for the first year. If you are assigned to good clients, you will have excellent learning and career opportunities.

Cons

Bad culture - there is no interaction between FD and the employees. Once they assign you to client's site, they will no long talk to you unless you get escalated from your client (it happened to my colleagues). Poor bonus and salary rise (compared with big banks). Toronto office will find all excuses to pay your bonus poorly.

Viewing 1 - 3 of 866 Reviews

Glassdoor has 927 First Derivatives reviews submitted anonymously by First Derivatives employees. Read employee reviews and ratings on Glassdoor to decide if First Derivatives is right for you.