FICO reviews about "training"

62% positive business outlook

Reviews by job title

29 reviews
4.0
Mar 28, 2014

Politics

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The base salary is ok.

Cons

The training is too bad.

3.0
Mar 27, 2013

Layoffs

Recommend
CEO approval
Business Outlook

Pros

I had a great manager, and great team. Fun, exciting, and challenging work.

Cons

Little-to-no training opportunities. On-boarding consisted of PPTs and a quiz. There were 2 previous layoffs to mine before office space was consolidated between Minneapolis and Arden Hills. Former Arden Hills campus had 4 office buildings, by the time I was laid off there were only 2 occupied buildings left - the smallest two, with plenty of empty cubicles to go around.

2.0
Mar 16, 2014

Do your homework

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Working conditions at FICO depend largely on which department you work for. Analytics has always been valued and is the best group to be a part of. Software Development is generally not, although some product development groups are much better than others. At the San Rafael office, most employees have spacious and comfortable offices. The company recently installed Starbucks coffee machines on each floor and provides free snacks. The in-house café serves good food and the café staff are friendly and responsive to requests. There’s a walking/bike path nearby that is handy for exercising and there are in-house showers. Depending on your group and appropriateness to your position, work hours are generally flexible. Until recently, working remotely has also been supported, which has helped tremendously with commute traffic and the odd working hours necessitated by working with a global staff, but is unfortunately now discouraged. Salaries are competitive: neither high nor low. FICO employees are very bright, skilled, hard-working, and friendly. If you’re in the right group, have a supportive manager, and have a high tolerance for uncertainty and stress, FICO may work for you, but be sure to research the group and position you are considering.

Cons

Many FICO jobs have been moved out of the country and employees don’t know from month to month if their jobs will be eliminated. This makes it difficult to make financial plans and commitments such as buying a home or even a car. This kind of uncertainty causes continual stress and anxiety, affecting employee health and attitudes. Cost-of-living raises appear to be a thing of the past, as are a previous employee stock purchase plan and option awards for most employees. Bonuses, when awarded, have been small. Healthcare benefits are no longer competitive, with the company moving everyone to HSAs and reducing company contributions. It’s difficult to obtain the training necessary to keep skills current due to lack of funding and time. Middle managers no longer have defined vacation, but are supposed to take time off when work allows, which varies considerably based on the opinions of their own managers. The performance review system is very competitive and discouraging. Management has said that there are not performance “quotas,” but practically speaking, if a manager of a high-performance team tries to rate all of his staff high, he is discouraged from doing so.

5.0
Apr 29, 2014
Recommend
CEO approval
Business Outlook

Pros

* Managers are intelligent & show a great deal of appreciation for top-performing staff. * Executives are very approachable & offer great insight & wisdom on individual career trajectories. * HR developing a strong universal on-boarding and training process, along with educational opportunities. * Smart and friendly colleagues. * Some nice perks (coffee machines, cafe, wellness benefits, cell phone plan) * Relatively flexible working hours, though executives do heavily promote working in-office for collaboration purposes. * FICO's got a lot of very exciting products that are incredibly relevant in the world of big data/cloud analytics. It feels like a fantastic time to be on board with this company. * Open-door, honest policy that lets you know exactly where your performance is hitting its stride and missing its mark.

Cons

* Some inefficiencies with the constant technical upgrades/changes. The IT service group is in Bangalore, and sometimes important details are completely lost in translation. * Not everyone is on the same computer platform, so there are hiccoughs. * Sometimes it feels that there is a chasm between the Executives and regular staff, but if you are a hard worker, try speaking up -- likely they'll be responsive. * It's a big company, and it can be easy to feel lost; it doesn't have the ridiculous perks of some of the tech companies in Silicon Valley, but there is a stronger belief in life/work balance that is clear. * There have been some personnel changes due to the shifting trajectory of the company; this isn't a company for people who want to rest on their laurels and just collect a paycheck. You need to keep yourself educated, thinking & adaptable to succeed.

2.0
Jan 3, 2014

High expectations with poor benefits and low pay.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Technology is interesting and coworkers are great to work with.

Cons

Management is weak. Executive management even weaker with little connection to the worker bees. Expectations are very high but compensation is low and benefits extremely poor. No real incentives, no opportunities to move up and on, no guidance or even input from management with regards to career path. No training and don't always have what one needs to do the job. No choices either. Sad, what used to be a fairly decent company has really abandoned its employees with the attitude 'don't like get out'.

1.0
Jan 31, 2014
Recommend
CEO approval
Business Outlook

Pros

Good software products and clients Lots of travelling to client sites, although much of it in your own unpaid time Some great colleagues who are friendly and helpful, others not so

Cons

Role heavily revenue orientated Little or no work / life balance, expected to work more than contracted hours Poor quality management Uncompetitive pay What few resources there are, are woefully overstretched and overworked High staff turnover Limited career development opportunities, no training

3.0
Dec 23, 2013

Big Company small company feel

Recommend
CEO approval
Business Outlook

Pros

Great exposure to many fortune 500 companies

Cons

Training was sub par, could have been better

Viewing 7 - 9 of 29 Reviews

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