Formac Reviews

4.1

86% would recommend to a friend

(47 total reviews)

Koushik Yachendra

82% approve of CEO

79% positive business outlook

Formac has an employee rating of 4.1 out of 5 stars, based on 47 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Formac 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

47 reviews
1.0
Sep 18, 2016
Recommend
CEO approval
Business outlook

Pros

It's really hard to actually think on the positive side of working here. Specifically if you are in tech department. Mostly all your saturdays and sometimes sundays too will be working in 3 out of 4 weeks.

Cons

1. 12 paid leaves a year......i mean there is no concept of sick/casual leave . When you will go to ask for leave , it will be given to you as if they are doing a big favour not firing you and giving u leaves. 2. as mentioned in other revoiews HIRE AND FIRE is CPMPANY'S POLICY. Being in upper management, i have seen management saying , let's hire Mr. XYZ , if he is good then ok , if not we will fire him in 10days. Seriously is 10days time really enough to judge someone ?? 3. MICRO-MANAGEMENT, Once whole formac team got an email from CEO THAT EMPLOYEES CANNOT USE HEADPHONES IN OFFICE , AS IT DISTURBS WORK......i mean seriously ?? You will be judged for everything ....and i mean literally everything. 4. YOU WILL WORK AS IF THIS A STARTUP( that means lot of work pressure ) BUT EVERY OTHER RULE WILL BE AS IF THEY ARE A BIG MNC . They will tell u at every point that u need to work a lot because we are a startup but at the time of increment (MAX RAISE ANYBODY GOT WAS 12%) , they are MNC. 5. I can just go on and on .....but its really suggested that NEVER JOIN SUCH COMPANY. I have seen atleast 2 firing per month, (once 7 employees were fired in a month, also if u are under PROBATION PERIOD , YOU WILL JUST BE ASKED TO LEAVE AND WILL NOT BE PAID A SINGLE RUPEE. ) 6. MANAGEMNET HAS ASKED CURRENT EMPLOYEES TO GIVE POSITIVE FEEDBACK ON GLASSDOOR.

1.0
Feb 12, 2016
Recommend
CEO approval
Business outlook

Pros

Only Pros i can think of is you will become absolutely punctual i.e reaching office on time. Other than this, i really cannot think of any other pros of working here.

Cons

HIRING AND FIRING is EXTREMELY COMMON. On the offer letter itself they write, in probation period company won't give any notice. On friday , a person will be asked to leave i.e from Monday that person is jobless. MANAGEMENT ASKS EMPLOYEES TO WRITE ONLY +VE REVIEWS, that is why there are other positive reviews. In one month 12 employees were fired at once , irrespective of their performance, Once your work is done , you will be asked to leave. In this case , shouldn't people be hired on contractual basis ? I have worked here for about a year, and in my tenure , each and every month there has been atleast 2 people were fired. After they join , somehow Management will get to understand , that he/she can't work , and they will ask the person to leave. This hasn't been the case once, each and every month with two people atleast. What do they analyse in interview? Can't you judge people fairly at that time itself, there could be a mistake in judging someone's skills once , may be twice but if it's happening all the time then management is incompetent in choosing right candidate for the compnay . Management will force people to write good reviews of the company everywhere. I would highly recommend not to join Formac , unless you are among the one's who survive just by buttering everywhere. Work environment is absolutely negative , you are micro-managed at all levels and that's why people resign all the time.

avatar
Formac Response
9y
Thank you for taking your time to write this review.Sorry to understand that your experience with Formac wasn't so good,but we are open to discuss with you if you can prove what you published as we continue to learn and improve the way we work.Please feel free to contact us to discuss in detail and give us a chance to improve. Thank you Sai
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Glassdoor has 51 Formac reviews submitted anonymously by Formac employees. Read employee reviews and ratings on Glassdoor to decide if Formac is right for you.