mthree reviews

3.6

56% would recommend to a friend

(65 total reviews)
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Alex Headley

48% approve of CEO

43% positive business outlook

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65 reviews

Reviews about "Compensation"

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2.0
Jul 19, 2018
Recommend
CEO approval
Business Outlook

Pros

-Paid training scheme -The course is well detailed and the teaching is of high quality -Opportunity to interview with bank and other organisations where it is difficult to get an interview slot -Free coffee/tea/fruit/biscuits -Pool table -Free takeaway and beer on a Friday -Nice, modern office -Friendly and supportive atmosphere -The training definitely helped me secure a place with another employer (more details in cons)

Cons

-Treated like a child at times although some alumni need this form of "encouragement" - Minimum wage (however you are being paid to be trained so it's not that much of a con) -Main issue is the low rate of placement for the alumni; by the end of the training programme less than half of the alumni had been placed. Personally I was hired by a company that has no relationship with MThree, so my advice is get your CV out to alternative employers as a back up. My first interview through MThree was a couple of weeks after completing the training and being off the payroll; the interviews I was offered were either unrelated to my training or had partial relevance. - Your salary (if placed) is roughly a third of what the affiliate is paying MThree to employ you; that's their business model and it's fair in my opinion but some see this as a con given you can earn a better salary if you are hired directly rather than through MThree

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mthree Response
8y
Hi, Thank you for taking the time to write a review on Glassdoor. Feedback is very important to us and we are always looking at ways to improve our programme. It's great that you have recognised some of the features that we can offer to our graduates. We pay you whilst you are training which leads on to a great graduate salary if you go on to being placed with one of our clients. MThree also have highly experienced trainers who are able to really add value to our training and we aim to do this in an environment which allows you to be successful. We have a high success rate in placing our trainees and if we cannot place you within the 8 week training period, we will still continue to look for a role for you. It is clearly in our best interest to find trainees a placement with one of our clients but unfortunately this is not always possible. I am very sorry to hear that on this occasion we were unable to secure you one. I am however pleased to hear that our training enabled you to find a role outside of MThree. It shows that our programme is valuable and that anyone that has successfully completed the training is able to add value in their new role. Our clients will often set their own criteria when looking for a graduate for their team. Alumni trainees are then put forward based on these criteria as well as their aptitude, effort and conduct during the programme. I would welcome the oppurtunity to discuss your experiences in more detail and would be very happy to discuss the training programme with you or anyone else that would like to hear more information about MThree. Kind regards, Ben Wong Chief Technology Officer ben.wong@mthreeconsulting.com
3.0
Jun 25, 2018

fine for a first job

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

very little actual interaction with MThree, mostly just do training and work for whatever company you sign up to be stationed at

Cons

relatively low pay to start

5.0
Jun 20, 2018
Recommend
CEO approval
Business Outlook

Pros

I was skeptical at first. MThree contacted me via LinkedIn and it seemed too good to be true. After 3 phone interviews with MThree and 1 video conference interview with JPMorgan Chase & Co. I was offered a position with the company and embarked on a cross-country flight to Manhattan, where I would spend the next 4 weeks training with about 20 other new employees in the very heart of New York City. The training is paid, and the MThree team is incredibly welcoming and enthusiastic regarding their new trainees. We were scattered around Manhattan in various housing accommodations. I stayed in a 3 bedroom apartment with 2 of my colleagues. I didn't have any problems with roaches or anything like that. Overall, the living situation was very comfortable, and the training was intensive, but it's not too terribly hard. There's a real sense of camaraderie and "we're all in this together" from the MThree staff and the other trainees. The only major hiccups I encountered throughout my journey from freshly hired to sitting at my desk in the fantastic bank I've been placed in was the training being pushed back exactly 1 week from when I was originally told it would start, training pay not being weekly until it was fixed in the second week, and an issue with my first non-training paycheck, which was resolved within a couple days. I've read the other reviews here talking about how MThree failed to actually place them in a bank as promised, so I just wanted to point out that mine and 20 other new hires' experience was a seamless transition from training to working at the bank initially promised practically as soon as we returned from NYC. I've enjoyed my short time with the company so far (2.5 months at the time of this writing). I can't speak for MThree in the UK, but the New York team really made me feel valued. I will forever be grateful for the time spent in NYC, the new friends I've made, and the opportunity MThree Consulting gave me. Pros tl;dr - Work at leading banks around the world - Paid training (in my case, it was in NYC) - Experienced trainers - Helpful and very friendly staff - Fair starting pay with regular raises

Cons

It's not all sunshine and rainbows, but overall my experience was a highly positive one. MThree trains large batches of new hires for various positions and roles at various banks. You may not know exactly what your specific role will be or what exactly you're training for until the last week of training or so. For example, a lot of the finance material pertained to investment banks, but my actual role at the bank is wholly unrelated to investment banking. There's a underlying theme of not knowing what's going on sometimes. Not knowing your specific role, or start date, or who your manager will be, the address of your bank, etc. A lot of this can be found out by asking MThree staff (maybe more than once), but sometimes it takes a while for even them to get that information as they have to communicate with the bank. This is compounded if you need to move for your new job and make big life-changing arrangements during the training. In the end, all of these questions were answered, but the chaos was stressful.

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