Reviews van Fourthline

3,5

64% zou aanbevelen aan een kennis

(26 reviews in totaal)
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Krik Gunning

82% waardeert directeur

64% positieve zakelijke vooruitzichten

Fourthline heeft een werknemersbeoordeling van 3,5 van 5 sterren, op basis van 26 bedrijfsreviews op Glassdoor. De meeste werknemers hebben het hier dus goed naar hun zin. De werknemersbeoordeling van Fourthline is in lijn met het gemiddelde (binnen een standaardafwijking van 1) voor werkgevers in de bedrijfstak IT (3,9 sterren).

Reviews per functie

26 reviews
1,0
21 mei 2022
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

- English communication - Collegial diversity - Entry- level experience

Minpunten

The work environment at Fourthline was very volatile for Analysts because of the company's precedent of firing analysts indiscriminately, at a moment's notice. You just come to work and about an hour or so later, you're having a meeting with your team lead and they're letting you go for reasons such as being overqualified, having a strong personality or no reason at all. Two analysts were let go after they had already been employed, because the Company thought they were overqualified. They had in fact been working for about three months, and no, they were not on probation either. Another analyst was literally told that he has a strong personality before he was fired. The very next week, the company circulated a memo talking about diversity and inclusion in their workplace, how ironic? So as an analyst, you go to work everyday wondering if it is going to be your last because you don't know if your team lead would get offended or intimidated by your personality. One day, my team lead scheduled to have a talk with me, and I was already getting ready to log out, hand over keys and take a walk because that was the precedent that had been set. Secondly, the company places very little regard for analysts and the work that they do, even though analyst are an integral part of its core objectives. From the pay which is almost as low as the law would allow, to the analysts' contracts, to the work conditions and environment, it is very difficult to feel valued as an analyst at this company. This company is also severely opaque and dishonest. After the first bout of firing where several analysts were fired, they probably realised the moral among the remaining staff, and communicated that they were not going to terminate more contracts again, at least, not without notice. This was not the case. Barely a few weeks after, in particular, the Monday after a Friday party to celebrate the move to the new office building where the CEO had talked so much about the growth and expansion of the company, another set of contracts were terminated again with no reason given. As a matter of fact, the team leads did say that it was a random selection from the management. The common denominator among the analysts that were fired was that they were all immigrants (still with a valid visa at least for the initial duration of the contract, and some had even applied already to renew their visas). So if you're an immigrant worker in this company, your job could be in a very precarious position. For a company that paid lip service to the refugee crisis in Ukraine and how they could support immigrant workers, this is much hypocritical. One of the analysts that was affected had in fact been named the employee of the month by the same management. This should clarify why the work environment is highly volatile, because as an analyst, it doesn't really matter whether your KPIs are great. When it comes to termination of contracts, this company places no value even on the quality of your work. Analysts had been hired on an initial six months contract with the promise of a very high chance of renewal (9/10 as expressly stated by the company), worked to achieve company milestones, exceeded KPIs by more than double (literally, so much so that the KPIs had to be reviewed upwards). The immigrant analysts had communications with their team leads regarding their visa status, rather than be transparent with the analysts to let them know that the company would not sponsor their visas, they withheld their response, only to fire them two months or so later. Also, they talk a lot about trainings and opportunities for career growth just to keep you piqued and hopeful, but how are you ever going to get that growth, if they hire and fire at will? This company is simply not transparent. Another thing about the work environment is their so-called controlled environment policy. For the eight-hour duration of your shift, you're not allowed to seat with your mobile phone, jacket, bag, etc. This is despite the NDA that you will have already signed. First, the work IS monotonous and repetitive, and there can downtimes when there are no volumes and not much to do. Apart from the 30 mins unpaid break, you are only allowed 15 mins short-break (including trips to the bathroom) throughout the entire duration of your shift. You will find that this is a needless policy in similar companies, especially one where the employees are treated with respect and value. When you realise how precarious it is to work at this company and you start looking for better opportunities, you will run into issues picking recruiter's calls or scheduling interviews - it is a zero sums game. This company has a "common sense" rhetoric that is used in many communications - employee policy, Covid guides, team communications. Personally, I think that this is rude, harsh and emphasises the lack of value for the person of the employees. If you must make a communication or advisory about something, go ahead and do it, but it is needless to tell people to use their common sense, as if to say they have no common sense. Better results can be achieved with better rhetorics. Another thing about the work conditions is the rigid scheduling. At start, analyst are assigned specific shift times (without consultation for their preferences), that would continue throughout the contract. It is almost impossible to change this shift time if it is not suitable for you e.g . a 7:30am shift start. One analyst had a valid health reason why she needed her schedule to be adjusted and she was denied. Also, you can be scheduled to work on national holidays without your prior consultation. They offer some extra payment if you do work, but the initial scheduling is without your acquiescence.

5,0
6 apr 2020
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Fast and continuously changing/improving work environment. You are appreciated and rewarded for your actual skills, knowledge & commitment! And not on your time being employed by the company...

Minpunten

The company is a scale-up and evolving really fast and with that becoming more mature every day, however this sometimes results in some ad-hoc and unclear decision making. But this already improved significantly during the last period.

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Reactie van Fourthline
6y
Super happy to read this review. We do appreciate both the positive points as well as the more constructive tips that we can work on and can have some changes. Would you be open to share your advice with us in more depth? Feel free to walk by the HR office or send an email to hr@fourthline.com (once we/you are in the office again)
1,0
12 nov 2022
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Gives you some basic experience in KYC Location is decent for people living in Amsterdam Incredible people within operations - proactive, intelligent, helpful & friendly Really great team leads within the Analyst team who genuinely want their team to do well as well as caring about team members on a personal level - a balance that is hard to come by but achieved so well here

Minpunten

This review is largely focused on KYC Analysts within the Operations department and comes from the perspective of a KYC Analyst. Other departments cannot be spoken for. The biggest fault of this company has always been that they do not value the right people. There are some incredibly intelligent people within Operations at Fourthline who are continuously overlooked. Analysts in particular, are simply not cared for by anyone outside of the team. After being in the company for some time, you begin to understand the extent of the internal politics but also the lack of professionalism which absolutely must be emphasized. This is a start up who seem to have an inability to learn from their mistakes - and they make many mistakes. The lack of professionalism is for me at the heart of the companies downfall. It begins with the fact that KYC Analysts, the people who do the work that brings Fourthline their income and keep the operations running every hour of the day, have always and will always be undervalued to a great extent. KYC Analysts have time and time again worked through various ups and downs of the company, taking on intense workloads and severe pressure to perform well and ridiculously fast. This happens to an extent that quantity is always put over quality, no matter what way they try to phrase it. Other teams within Fourthline have frequently been caught out in expressing opinions that show a lack of respect for Analysts, and management never take it seriously enough until the effects of this are in their face. Management will occasionally act as though the care when ENPS scores are shockingly low, but it is always clear that they simply do not care enough about KYC Analysts to make any significant changes. It must be made clear that for Fourthline, KYC Analysts are reduced to numbers and nothing else. On the topic of the lack of professionalism lies a bigger issue. There have been so many scenarios in which managers let their personal opinions on people come before the employees performance. It is as if certain people in management positions pick targets of people they decide to have a problem with. Everyone within operations can see this and will understand exactly what is meant here. You can work as hard as you want, perform as well as possible, show a great attitude towards your work and still be at risk of being picked on by management. Many people in the company cannot seem to separate personal opinions from professional ones. As well as the lack of professionalism which affects the Analysts to a great extent, is the extremity of the working conditions. After talking to people who also work in KYC, you realize how severe the security policy in Fourthline is. Keeping in mind competing roles in KYC, in Fourthline you cannot - expect to work from home under any circumstances - have access to the internet during working hours - this includes apps like spotify and anything else you can think of (even tools that help you perform your job better/faster) - have access to mobile phone unless you step out of the analyst environment [if you do step out of the analyst environment, it must be reported (even for a toilet break)] - work flexible hours (you either start very early or relatively late in the morning) - take lunch when it suits you - sit where you’d like In summary, you are controlled to an unreasonable extent in Fourthline in comparison to other companies that conduct similar KYC. Picture rules you had in place when you were in school and they’re almost identical. It is also important to note the lack of transparency within the company. Never expect to have any idea what is happening within the company as a whole or more specifically your own department or team. Time and time again, management fails to deliver updates on time, professionally, in a coherent manner but mostly, at all. It has never been a priority of Fourthline to be transparent in the decisions they make. All in all, the Analyst team at Fourthline are so dedicated and committed that in my opinion many of these faults could potentially be overlooked, but the reality is that the role is seriously underpaid compared to market standards and by no means are they paid enough to put up with all of these flaws. Fourthline have been losing KYC Analysts since the very beginning and not once have they batted an eyelid. Occasionally they pretend to care, but I cannot express enough how much they do not care and it is evident in the lack of action they take. My honest advice: If you are looking for a job in KYC, look absolutely everywhere else first. If you are desperate to get the bare minimum of experience in KYC and are in a position where this salary can sustain you, it might be a good start, if you can separate yourself from the internal politics and are able to handle the stress of constant performance monitoring.

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