Fiserv reviews

3.0

44% would recommend to a friend

(10,709 total reviews)
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Mike Lyons

67% approve of CEO

44% positive business outlook

Fiserv has an employee rating of 3.0 out of 5 stars, based on 10,709 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Fiserv employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

11K reviews
2.0
Oct 31, 2018
Recommend
CEO approval
Business Outlook

Pros

Fiserv are a big name in the US and are very profitable as an organisation. They have thrown a lot of money at people to join their UK/EMEA business. Due to a number of massive mistakes (particularly the 'Agiliti' fiasco) the company is saddled with ever-increasing financial targets from US/HQ and a very, very tired set of products/propositions. Fiserv UK/EMEA is a career graveyard. If Fiserv UK/EMEA wasn't so minuscule vs the US then you might even see Jeff Yabuki actually travelling to the UK/EMEA to assess the mess for himself.

Cons

It's quite mind-boggling just how poorly the UK/EMEA business has been run. The whole 'Agiliti' program has been a debacle of the highest order. Agiliti is based on obsolete technology that Fiserv work hard to hide from customers and prospects. Fiserv has spent several years wrestling the cost base around Agiliti to the ground. There have been rolling redundancy programs in recent years - funnily enough there was no mention of that during the torturous interview/on-boarding process. The recent decision to hand the senior management reins to the ex MD of Monitise says it all - just remind me how much shareholder value he destroyed during his time at Monitise? The funny thing is the people he replaced were even worse - you couldn't make this stuff up. My advise to anyone if Fiserv UK/EMEA come knocking - politely decline, unless you are of mediocre ability and they offer you a big pay rise - you might just be able to hide, pull a decent salary and avoid the endless rounds of redundancies.

1.0
Oct 12, 2022
Recommend
CEO approval
Business Outlook

Pros

There are no longer any positives working for this company. It's shocking to see how it has deteriorated in recent years.

Cons

- Ignore the CEO rating you see here as it is not reflective of the majority's opinion. There is absolutely no way that over 50% of people have faith in our senior leadership at this point. - How happy you are within your role is 100% dependent on how lucky or unlucky you get with the Manager running the team. - Blatant favouritism within certain teams in the GFS organisation. Those who speak up or challenge decisions made or communicated by their manager will be ostracised and overlooked for opportunities. A horrific environment to have to work in. - Hybrid working with 2 days per week from home is apparently permitted, but if your manager isn't in favour, they will make it very clear that those who badge in 5 days per week will be the ones to progress. They do not want to acknowledge that the work can be done just as well, if not better, remotely. - I saw some fantastic Directors and VP's be let go over the past couple of years while other highly problematic members of management have retained their positions. - Targeting of remote employees at all levels in each round of cuts. - 'We need to do more with less' has been the tag line for years now. How many more cuts to already overwhelmed teams does the leadership team think can happen before everything fails and the clients suffer? - Between redundancies and moving on to better positions elsewhere, the company has haemorrhaged talent which they cannot backfill.

1.0
Nov 11, 2021
Recommend
CEO approval
Business Outlook

Pros

The team I work with

Cons

- Forced a totally unnecessary return to office full-time with no hybrid or remote option allowed. The only logical explanation for this archaic decision is that it is designed to encourage attrition - Complete disregard from senior management and executive teams for staff's work/life balance and mental health - No job security. Redundancies announced at least once per year (occasionally twice), many occurring in teams that cannot afford to lose any more people and remain functional. People feel like they're always looking over their shoulder - Teams under-resourced, overworked and stressed due to above-mentioned redundancies, causing high levels of sick leave and attrition in critical areas - Culture of fear has crept in since the acquisition of First Data. Anyone who speaks up now is deemed a problem. Management simply don't care about fixing the major issues this company has

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