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Federated Hermes

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Toxic and dysfunctional - Anonymous employee Federated Hermes Employee Review

1.0
22 Sept 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Some pockets of great people. Really does go the extra mile on ESG integration compared to many other UK or US firms. Count several individuals as friends outside work.

Cons

It's hard to know where to begin, but by the end, I was just happy to escape. Executive management appears to have paralysed its decision making. No one can explain what the combined strategy is past the next six months. Many in senior management have no people management or organisational behaviour skills. As a result, there is ZERO career development or future role planning for how people can grow into new challenges. What's worse, some very toxic senior managers have been enabled or promoted to keep poisoning wells and reinforcing dysfunction. Other merely incompetent managers are left to continue delivering barely acceptable results. Minor changes to things like employee dissatisfaction with career paths, compensation or skill mismatches either take years or never happen. Most projects delivered "the cheap way," meaning they don't fully solve the challenge or lead to new problems. Sometimes feels like parts of the London based business has been left to wither on the vine by US management. The end result, many unhappy workers, waiting for something better. I can't blame them since there will be limited change, until there is a serious rethink on toxic leadership and corporate strategy.

Explore other reviews about Federated Hermes

5.0
13 June 2026
Recommend
CEO approval
Business outlook

Pros

Flexible program to start career in IT

Cons

None I can think of

3.0
10 June 2026
Recommend
CEO approval
Business outlook

Pros

Flexibility, friendly coworkers, hybrid work, benefits are decent. Growth is possible (albeit slow) if you apply yourself.

Cons

Highly bureaucratic environment with a lot of politics and little ownership when things go wrong. Naturally, things move very slowly. Pay is far from geographical average, tough as a newcomer and takes time to even get close. Most people are either vested and have been with the org for decades or are simply just here to coast to retirement.

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