Fiserv reviews

3.0

44% would recommend to a friend

(10,710 total reviews)
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Mike Lyons

66% approve of CEO

44% positive business outlook

Fiserv has an employee rating of 3.0 out of 5 stars, based on 10,710 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Fiserv employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

11K reviews
2.0
Dec 21, 2010
Recommend
CEO approval
Business Outlook

Pros

Great people, made some really good friends. Learned a lot in my field. Encouraged to expand knowledge and training, and to obtain certifications. I came into the company while it was still CheckFree, and I loved working there. After about a year, the merger with Fiserv happened, and things slowly started going downhill. But my team, a technology group, were really great people, everyone got along and we were all knowlegeable at our jobs, and most importantly, willing to help each other. Thatt part of the job I was truly grateful for. My immediate manager and the Director of my group are wonderful people who I consider friends and colleagues, and will keep in touch with.

Cons

The pay is far below market value. They pay the same nationwide regardless of geographic region, so my job in NYC paid the same as the job anywhere else. The cost of living in NYC is much higher than the rest of the country, but that doesn't matter. And the pay was low to begin with. Couple that with no raises for almost 3 years, paltry bonuses, and little to no chance for advancement, and the choice to leave was a no brainer. The real reason I left, though, was because the FET (Technology group) organization is going down the drain. They have a "vision" to consolidate data centers, yet after 3 years little to no progress has been made and the plan seems to change on a monthly basis. At the same time, they are offshoring jobs to India in every single technology dept. That team that has 30 US members today will almost certainly be slashed in the coming year or 2, with a skeleton US crew being backed up by Indian associates. The members hired onto my team seemed like they were ok at the job, but they were completely unnecessary and we found ourselves just trying to find work for them to do. The FET goal is to offshore as many jobs as possible so they can severely reduce US head count. I saw the writing on the wall and decided to get out while I could. My advice to any FET associate, don't trust a word the senior leadership tells you. They see you as expendable and will lay you off as soon as look at you. CheckFree was wonderful and I really miss it, I could have seen myself staying there for a long time, but Fiserv is just a really terrible company. They don't care about their employees at all and don't care if they leave. In fact, they seem to encourage it so they can fill your role with someone in India. To me, it seems they are sacrificing the company for minimal savings in the short term by off shoring rather than investing in the long term health of the company. Maybe the big wigs are trying to drive up the stock price before they cash out and retire.

4.0
Dec 21, 2010
Recommend
CEO approval
Business Outlook

Pros

Place to advance your career Pay was fair if working normal hours Friendly work environment and still have friends there after leaving Steady continious employment Highly advanced datacenter that is PCI compliant environment

Cons

No raise for two years No merit increases Took bonuses away Took sabitical away Cut back benefits Instigated more work than could possibly be handled by existing staff

3.0
Dec 19, 2010

Only interested in NOP

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great people to work with. Interesting Job. Flexable working hours.

Cons

Pay is not too great. 2 years of pay freeze followed by tiny raise which was delayed by 6 months. HDHP health plan is the only one available. Bonus cut each year and is now pretty worthless. Only people to get promoted are in the 'managers club'. Expected to work longer hours/weekends with no recognition. Management says one thing, and then does another.

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Glassdoor has 11,782 Fiserv reviews submitted anonymously by Fiserv employees. Read employee reviews and ratings on Glassdoor to decide if Fiserv is right for you.