Formidium Reviews

3.0

38% would recommend to a friend

(96 total reviews)
avatar

Nilesh Sudrania

57% approve of CEO

42% positive business outlook

Formidium has an employee rating of 3.0 out of 5 stars, based on 96 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Formidium 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

96 reviews
1.0
19 Jul 2023
Recommend
CEO approval
Business outlook

Pros

Nothing is good to explain.Only one word for them is Terrible. It is only good if you have some relative at higher management level as this is just BHAI-BHATIJA company.If you don't have options then wait for some time and find other options available in Jaipur, but don't join else you can go through the mental trauma specially in Operation department-Private Equity.

Cons

1. No job security , No salary hike and appraisal from last 2 years. 2. No leave policy . 3. Hostile Environment. 4. Security issues for females employees as Sr.Manager (Operation department -Private Equity) texted at night and pressured to meet outside office . HR is just a puppet to management , so they cann't take POSH complains and after that they will trapped you in some sort of stuff just to terminate you at any cost or you will put the resignation. 5. No work-life balance. 6. No Growth and learning only exploitation. 7. As they are loosing funds , but they will not fire you , they will torture you at that level where you will look for any options just for sake out from the company.

5.0
18 Mar 2025
Recommend
CEO approval
Business outlook

Pros

Get to learn a lot

Cons

It is the worst company as there is a lot of politics involved

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Formidium Response
12mo
Thank you for your five star rating. Politics is part of our life, including workplace. Learn to manage and thrive in the environment.
1.0
22 Jul 2024
Recommend
CEO approval
Business outlook

Pros

Pros are normal. There is nothing extraordinary or different from other companies.

Cons

Iam here for reviewing this company and its culture after working with them for 2+ years. I was graduated from one of the top colleges and got placed here and to the next two years we are deprived of hike and forced to work on the same package and salary. Every time we asked for the hike they came up with the same reason every single time which is recession. They dont even value their employees Since we had to work on weekends as well that too after a random call on the same day. Manager hide your efforts and progress from higher officials and takes the whole credit and hence gets promoted every time. The leave policies which they portray as the best thing about this company but trust me it's the worst as we have to work on diwali and Christmas too and we can't enjoy a festive week. They create a pressurized environment which gives you health related issues as well. Adding to it, you don't get exposure too as all the best projects gets assigned to certain fixed employees. They will never appreciate you and will lower your morale. They force you to resign from your position by constantly showing you that your are not good enough. I have faced all these issues frequently till the day i resigned. The cons of this company are much more than its pros.

Viewing 1 - 3 of 96 Reviews

Glassdoor has 99 Formidium reviews submitted anonymously by Formidium employees. Read employee reviews and ratings on Glassdoor to decide if Formidium is right for you.