Benefits continue to get worse each year, especially medical benefits. For a Fortune 500 company, one would think the company would offer better benefits to its employees. Very limited mobility to get promoted from within; if you are more knowledgeable than your manager, you are viewed as a threat. HR will always support management regardless of how inappropriate decisions made by senior management may be, not worth taking the time to address your concerns with them. Increases are laughable, corporate standard 2% in 2011, which is always based on a bell curve and formulated so that no one ever “exceeds expectations.” Employees participate in quarterly meetings where the CFO talks about how well the company is doing and how FIS is #1 in the industry. Ironically, just before raises were given this year, the CEO gave a speech about how important the employees are, as if that was going to soften the blow.
The company operates too many accounting systems, and very little has been done over the last three years since the merger with Metavante, to consolidate those systems and branding continues to be inconsistent.
Legacy Metavante employees act and behave as though they are working for a smaller company and forget that we are all one company; the mentality of employees is very narrow and they forget we are a company with 30K employees.
Business units operate as if they are separate from FIS and Sales runs the show; they are not required to adhere to company policies and procedures or very little is being done to address the inconsistencies.
