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Fiserv Employee Reviews
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1. The most important of all. Annual appraisals range from 7% to 13%. Generally majority gets 3 Rating, for which hike varies from 7% to 10%. One person in team gets 4 Rating, for which hike varies from 11% to 13%.
2. Coming to promotion - First of all heirarchy at Fiserv is ( Trainee> Associate>Professional>Analyst>Team Lead>Manager/Advisory>Sr. Manager> Director1> Director2> Director 3 and so on...). So till Analyst, it generally takes max of 3 years on each promotion. Otherwise you can be promoted in a year and half too. That totally depends on manager. Also they just give 5% extra on promotion.
3. Leave count is very good. We have 30 standard leaves + 4 flexi holidays+ 10 hospitalization leaves in a year.
Standard leaves are paid leaves and only 30 can be accumulated for next year that too after your third year in organization. Leave policy is the best ever I have seen in IT industry. 34 leaves in year is superb.
4. The entire salary is fixed. There isn't any variable part. They just deduct 43,200 INR in the name of PF,so that our in hand salary can be increased. It's good in either ways. You will always get the best in hand salary one can get for certain CTC.
5. Cafeteria is the best part of Fiserv. We get cheap and good quality food. Yaa many of the existing fiserv employees looking into my review will say food isn't good. But trust me, buffet thali worth 40 INR( paid through 880 INR food coupon given by fiserv monthly) is the best. I'm just talking about Noida cafeteria. Don't know about other offices.
6. Medical insurance of 4 lakhs per annum with a cap on all diseases - more...
2. Coming to promotion - First of all heirarchy at Fiserv is ( Trainee> Associate>Professional>Analyst>Team Lead>Manager/Advisory>Sr. Manager> Director1> Director2> Director 3 and so on...). So till Analyst, it generally takes max of 3 years on each promotion. Otherwise you can be promoted in a year and half too. That totally depends on manager. Also they just give 5% extra on promotion.
3. Leave count is very good. We have 30 standard leaves + 4 flexi holidays+ 10 hospitalization leaves in a year.
Standard leaves are paid leaves and only 30 can be accumulated for next year that too after your third year in organization. Leave policy is the best ever I have seen in IT industry. 34 leaves in year is superb.
4. The entire salary is fixed. There isn't any variable part. They just deduct 43,200 INR in the name of PF,so that our in hand salary can be increased. It's good in either ways. You will always get the best in hand salary one can get for certain CTC.
5. Cafeteria is the best part of Fiserv. We get cheap and good quality food. Yaa many of the existing fiserv employees looking into my review will say food isn't good. But trust me, buffet thali worth 40 INR( paid through 880 INR food coupon given by fiserv monthly) is the best. I'm just talking about Noida cafeteria. Don't know about other offices.
6. Medical insurance of 4 lakhs per annum with a cap on all diseases - more...
The experience at Fiserve was overall good.
Get lot to learn. Tacking the responsibility. Communication with clients.
Flexible working hours. Teams are supportive.
Get lot to learn. Tacking the responsibility. Communication with clients.
Flexible working hours. Teams are supportive.
Pros
Good culture
Cons
No
Had a low salary but a relaxed environment. Now a poor salary and worst kind of environment there can be. This change comes after a merger with FirstData. Now I won't recommend anyone to join this company. Can you imagine the competency test of already working employees on a regular basis? Associates are started to receive the mails to give tests on there primary skill and secondary skill. Are we in school or what?
Managers don't have basic management skills. No career growth for technical people. Technical people were treated as a slave. Managers were not giving respect to the developers and qa.
Cons
Female employees were not treated respectively.
Boot licking culture. Bad company for freshers. Favouritism among management. Sapience software implementation results to micro management irrespective of less work availability
Project coordination, Team leading and development activities, Estimation, project risks assessment, business case evaluation, Proof of Concepts and others
Don't join if you are from business analyst/ product manager skill set
Micro management, 9 hours strict timing, lack of job security, a person can be fired any time without any reason
Lot of politics
Micro management, 9 hours strict timing, lack of job security, a person can be fired any time without any reason
Lot of politics
Arrogant Managers who has no common scene how to talk with associate. higher management not talking any action when complaint
After raised concern HR not taking any action.
After raised concern HR not taking any action.
no work is given to freshers. you can be fired at any time. no project will be allocated for long time. no seat vacany is there besides your team. on screen recording has been started which has made life more difficult at fiserv.
If you are looking for challenging experience with an opportunity to grow, Fiserv is the best place to work. Fiserv also provides good benefits and flexible hours based on your profile. The management is very supportive and enthusiastic. The overall work culture is fun and challenging to work with.
Micro management is on top priority right now. They installed a tool called sapience . Recently company fired so many people without giving any further notice.
Pros
Nothing left in company
Cons
Getting worse day by day.
There is no job security in company. Senior management do whatever they want. HR team and Talent aquisition have no idea how to utilize employees skills.
Pros
Nice infrastructure, Free food
Cons
Micro management about your time using Sapience tool. No job security
average workplace, average salary , below average hike, good for freshers,
old people and for those who don't want to change company and seat in the name of stability
old people and for those who don't want to change company and seat in the name of stability
People are very supportive. Learning opportunity is very hight as the seniors are very helpful in every learning aspect.
Working Culture is nice and collaborative.
Working Culture is nice and collaborative.
I have learned a lot in fiserv. Work Culture is good but the only disadvantage is the appraisel offered here.Salary hike is less.But personally speaking my Manager and Team Lead are both very nice and supportive.
A good company to work at. It provides the perfect work-life balance. You are compensated well, flexible hours, sufficient paid leaves and good cultural inclusion.
Fiserv after acquiring FirstData had become very risky workplace, wherein you would be fired in a day. Previously it was very ethical company, but now I will suggest people not to join fiserv irrespective how much salary they will offer.
Fiserv is a nice company to work for.I started my career in 2009 from this company.In this tenure i learned a lot and was paid fairly.I got good exposure to banking domain functionality.
Good Place to work and good work life balance and fun place to work.
Management is quite encouraging.
Job security and management is good over all great place to work
Management is quite encouraging.
Job security and management is good over all great place to work