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Finitiatives Learning India (FLIP)

Is this your company?

I refrained from writing the review until now - Anonymous employee Finitiatives Learning India (FLIP) Employee Review

1.0
14 Jan 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I worked in FLIP for more than three years. I did not like the company, at all. However, I never thought of writing a review. Because, good or bad, the company provided me employment that I needed. And, at some level, I felt gratitude. I was an average performer. I left the company but I kept following the company and its reviews on glassdoor. Whatever was being said about the company - was sufficient for any job seeker to evaluate. I did not need to add anything. And, despite reading all the reviews, if any desperate soul wanted to join the company, I would assume it was his/her need. In next 60 seconds, you will know why I am writing a review now. But first, I want to tell few things. 1. Why is this company still a startup after spending 8 years. Till now, it should have become a "business". Flipkart is just one year older than FLIP. Ola is 3 years younger. FLIP can barely sustain the salaries of 30 odd underpayed overworked employees. Re-read this point. 2. The founders are passionate about their company. They are gritty too. I respect that a lot. However, they are not visionary. They are not perceptive of market realities. Passion alone does not bring success. I do not believe FLIP can sustain in long run. Substantial portion of revenue comes out of FLIP National Challenge 3. FLIP indulges in misleading marketing communication such as -"We've won a global award for our e.learning quality" - FLIP came forth on Global Giveback Contest for something else, not for any of FLIP courses. FLIP courses, on the other hand, are mostly full of errors. -70% say: "It helped us in our job interviews" - It's 70% of one batch of one MBA college -"Get India's MOST POWERFUL BFS advantage on your CV" - Are you kidding me? This is funny to the core because there is absolutely no market value of FLIP certifications. Even the NCFM certifications are more valuable. Remember NCFM? the ones you can pass without preparing. -"Top Banks/NBFCs give weightage to FLIP certified candidates" - There should be a consumer court complaint raised for this one. Truth - Well, there is one MOU with few Banks/NBFCs stating so. However, if you ask any of the recruiting teams of any of these companies, they do not even know what FLIP is, forget about giving weightage. There are many such statements FLIP makes on regular basis. These points are made with clear intention of misleading the prospective buyers. I would love to see a public explanation/apology of these points from FLIP side. 4. The work culture sucks. Employees get ridiculed and shouted at, openly. Long hours. Office politics. Incompetent managers. Attrition is high. Salary cuts. Sudden change in notice period. To survive, you need to be "Yes Man". Zero innovation and yet labels itself a startup. 5. Career Growth - From my own experience, I can say that career growth exists if you want to pursue your career in creating Powerpoint slides. 6. Exit opportunities - Once you quit FLIP, you always get better opportunities. Any company is better than FLIP. I would not have written this review. But I had to -- because FLIP has now started writing fake reviews on Glassdoor, describing how awesome the company is and all the negative reviews are written by undeserving and furstated employees. It was OK for me if FLIP misguided buyers. It's only a loss of 5-6K. Now that, FLIP has started misguiding the job seekers and putting fake reviews, It is not OK for me. I can not watch you play with someone's career.

Cons

Read the Pros section above.

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Finitiatives Learning India (FLIP) Response
10y
Dear Former Employee, Thanks for taking time out to share your views, regret to see that FLIP could not provide you the experience that you were looking for. You would be happy to know that FLIP as a business has been paying full salaries to all of its employees on time without any delay since April 2009, when it started its operations. There has not been a single incidence when the business was under financial stress. FLIP believes in total transparency and customer satisfaction, we always strive to help our customers to make informed decision. Entire information is disclosed upfront for example regarding global award the entire information is available on website, that too the source being the organisers of Global Giveback competition. I am sure that you will be aware of the corporate clientele of FLIP. These Banking and Financial Institution use FLIP’s training and certifications to train their employee as they feel that it adds value and improves performance of their employees. Similarly regarding certification endorsement all the information is disclosed upfront on the website. We believe in the principle of “Ethical business is a wise business”. Salary change happens only basis detailed appraisal process. We are happy to see that you are happy with your new organisation and wish you all the best for future career progression. We are a growing company and policies are reviewed periodically. Just to clarify we have never asked anyone to write good reviews on Glassdoor, but we do request people to share their thoughts, whatever they feel. Whatever is written on Glassdoor are personal feelings of people. Let me assure you that there is not a single fake review, you would agree that if that was the case there would have been more positive reviews then negative. Yes we would hold a small meeting after this review or any negative review for that sake, but not to find out who wrote it, but to take corrective actions required. We appreciate that you empathise with others and feel happy to have worked with people like you. We also thank you for your contributions towards FLIP’s growth during your engagement with us.

Explore other reviews about Finitiatives Learning India (FLIP)

4.0
7 July 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Unlike most of the employees at FLIP, I had worked in few larger organizations before coming to FLIP and had some idea of work culture in a startup. So I knew it will be lots of hard work, challenges but with it I will also have opportunity to be part of a growing business and will have a key contribution in it. In large companies, you are just an employee, who is supposed to come to office at 10 and finish a defined work and go back. In a larger company, you will not have a say in the direction that company wants to take or the policies that they make. But at FLIP (something that is true for most startups) you matter, your opinion is taken up and evaluated and implemented. You can actually go up to the CEO and senior management and discuss things. I don't remember that I could do that in any of my previous companies. In a startup, that too in a challenging space as FLIP, it is hard work all the way. So if that means that you have to work on odd Saturdays, so be it. You have to own the work that you are doing and make sure that it gets done. I find the work very challenging but the best part is that the company gives you chances to prove yourself and supports you in making sure you get that. Its lots of hard work and very steep learning curve and I would recommend it for someone who is ready for it.

Cons

I would not say that everything is perfect at FLIP but we are working to make it better.

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