The salary is among the lowest in the IT space. Their profit margin is a disgusting >= 50%, as confirmed by the client I was attached to. In other words, the clients are paying over 7500 a month for you but you are only getting half. The company claims that the value they provided was in the placement, but that is simply false. My account manager was simply incompetent, unreliable and unable to help me with the smallest of issues. Emails take forever to be replied to.
With no performance bonuses or salary increments, those who slack and skive are paid the same amount as those who work hard, creating an atmosphere where everyone just does the bare minimum. Not a good work environment.
Grades also do not matter. It doesn't matter whether you graduated with an honors degree or you have won numerous academic awards while in school. They will toss aside all your achievements and still give you the same flat salary for two years. You will not feel like a valued employee.
You will receive subpar barebones "training", get tossed to a client and FDM just sits back and collects that disgusting 50% profit margin for 2 years without doing anything. Sure, they'll claim that they have online resources for continued support for consultants on site but NOBODY USES IT. It's just something for them to justify their ridiculous business model. The only contact you will have with FDM after your placement will be an annual HR call up. To reiterate: YOU ARE A FACELESS WORKER WHO CHURNS OUT MONEY FOR FDM.
No room for growth. Every single one of my colleagues from FDM has left after 2 years. They claim they're "launching careers", I say they're exploiting fresh graduates who have nowhere else to go in this bad economy.
To conclude: FDM is taking advantage of fresh graduates. We get mediocre "training" that is honestly insufficient to deal with day to day tasks when attached with the client. I had to relearn a lot of things because the training was just inadequate. They claim it's world-class and valued at over 26k SGD, but I beg to differ.
If you are alright with being taken advantage of by a company who just wants to profit off your hard work for 2 years, go ahead. Just know that you will not be valued by them. You are livestock.
