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First Derivatives

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First Derivatives

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First Derivatives FAQ

Have questions about working at First Derivatives? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer.

Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at First Derivatives.

All answers shown come directly from First Derivatives Reviews and are not edited or altered.

38 English questions out of 38

4 February 2021

What is health insurance like at First Derivatives?

Pros

Expenses can be generous depending on location - non-existent or inadequate in some locations Company will pay for some external accreditations Have worked in four different FD offices and one of them was a great place to work

Cons

Misleading job title - hired as "Data Scientist" but work has never reflected this Stifling workplace culture - strict dress code and politics are rife No overtime pay but often expected to work outside 9-6 and at weekends No clear career progression after finishing graduate programme - many leave to pursue careers elsewhere Identity crisis - company can't decide if it is tech company or financial consulting Benefits are liable to change with little consultation - had my health insurance slashed without notice, expenses were also reduced Illegal movement of employees - 18 of my first 24 months with the company had me working illegally in various countries Poor covid policy - had to work on personal laptop, small monetary allowance for home office, no costs reimbursed when laptop needed repairs

had my health insurance slashed without notice, expenses were also reduced

4 February 2021

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14 April 2020

Does First Derivatives offer sponsored degrees?

Pros

Large Company, but not as big as a big 4 company so there are more growth opportunities internally. They pay for external accreditations as well.

Cons

Salary isn't great to start during training, but the pay off is worth it when you are promoted.

They pay for external accreditations as well.

14 April 2020

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10 September 2020

Does First Derivatives offer housing assistance?

Pros

The pay is good with the housing and food allowance

Cons

Management don’t really care about employees much

The pay is good with the housing and food allowance

10 September 2020

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3 March 2020

Does First Derivatives offer healthcare cash plans?

Pros

I was placed on a great project at a top tier bank in New York, working on a project that is in my field of interest. The pros I have experienced is that if the client likes you, they will continuously renew your contract. However, I realize this is not indicative of the experience that all consultants at FD will receive.

Cons

Management seems to be incompetent in certain aspects. During the annual review process, all the employees in New York are reviewed in the same time period. However, they left me out of the process, and did not realized until I notified the head office in April that I had not done my annual review. They did apologize, and requested to do the review over the phone. They did not even bother having someone meet with me in person. I also had issues with my 401k and health insurance deductions, and what made it worse was months of back-and-forth interactions with incompetent managers who do not know how to fix the issues. It is really frustrating to receive your payroll and see the incorrect amount. On top of this, whenever management answers emails, they answer very passive aggressively, as if I am bothering them with my inquiries.

Advice to Management

Please fix the attitude of senior management and HR. It is a bad reflection on the company when employees are frustrated by the management of their own firm.

I also had issues with my 401k and health insurance deductions, and what made it worse was months of back

3 March 2020

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5 April 2022

Does First Derivatives offer unlimited holiday?

Pros

Great initial training - time spent in Newry with other intakes - great opportunity to get to know people. If you don't live in Newry or nearby they will fly you over and put you up in a hotel for the duration of your stay in Newry Even if you aren't placed on a project right away you still get paid for time spent on the bench where you can continue your training.

Cons

After the first month of training you essentially don't hear from anyone in the company again. If you don't get placed on a project you'll spend time on the bench. While on the bench you'll barely get any contact from management, even when you email for specific things - good luck waiting on a reply. Project placement seems to be a draw of a hat on whether your project will be a good one or not. You also won't really have any information about your project until they day you start. I had a family member die while working here and my manager was great when it happened - seemed very supportive and sorted time off for me. However, coming back to work after this there was no support at all from management. I really struggled with work after this family members death and it was difficult to not have any contact from work at all during this time. No back to work chat, no contact from management at all. I think working from home has made this all the harder. You don't really have anyone to talk to at all throughout the day. I worked in retail before this job so I don't know if maybe it's just because it's my first office job but the lack of communication just seems so impersonal.

Advice to Management

Communicate more with your staff - give more information about projects before they start.

seemed very supportive and sorted time off for me.

5 April 2022

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38 English questions out of 38

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