Foundation Finance Reviews

3.5

71% would recommend to a friend

(45 total reviews)
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Alex Mladek

85% approve of CEO

71% positive business outlook

Foundation Finance has an employee rating of 3.5 out of 5 stars, based on 45 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Foundation Finance employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

45 reviews
4.0
14 July 2023
Recommend
CEO approval
Business outlook

Pros

1. Open-minded Upper Management: Upper management at this company is approachable and appreciates input from all team members. Their welcoming attitude towards new ideas fosters an environment of innovation and creativity, making employees feel valued and heard. 2. No Overtime: The company respects work-life balance by ensuring the my team does not have to work beyond their scheduled hours. This greatly reduces stress and burnout, contributing to a more productive and satisfied workforce. (This is the case for my team, not sure about others.) 3. Relaxed Dress Code: The company's casual dress code policy allows for individual expression and comfort, leading to an overall more relaxed and friendly atmosphere at the workplace. 4. Stress-Free Environment: The organization promotes a culture of wellness and mindfulness, resulting in a work environment that is largely free of undue stress. This positive environment supports the mental wellbeing of employees, promoting productivity and job satisfaction.

Cons

1. Limited Paid Time Off: The company offers around 15 days of PTO which, compared to industry standards, can be considered slightly lower. More flexibility in vacation time could enhance work-life balance and increase employee satisfaction. 2. Management Support: The management often seems too engaged in their own tasks, which may result in less availability to assist with new projects. This can occasionally leave one feeling unsupported or overwhelmed, especially when navigating unfamiliar territory. 3. Bonus Structure: The firm operates a prorated bonus system that rewards up to 15% of your annual salary based on performance. While this can be motivational, it is also variable and somewhat unpredictable. It's suggested that a more significant portion of this bonus be incorporated into the base salary to provide employees with a more stable and reliable income. 4. Personal Mortgage/Loan Approval Difficulties: The bonus-based part of the income is typically not considered for mortgage and other loan applications. This can cause difficulties for employees looking to secure home loans and represents a disadvantage of having a large part of remuneration tied up in bonuses. 5. Bonus Eligibility: Bonuses are distributed annually every February, leaving employees who have been with the company less than a year potentially ineligible. A pro-rata bonus for those who haven't completed a full year would be a fairer system, ensuring everyone gets a share commensurate with their time served within the company.

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Foundation Finance Response
2y
Thank you for sharing. While your hard work and dedication played an important role in FFC's success, providing your feedback is equally as important. We are glad you are enjoying your role in the Credit Department. We are committed to continuing to change our benefits to better suit our employees. Your feedback and suggestions will be shared with Human Resources. FFC is actively hiring for roles that support our continued growth, recently launching a new hire software that will allow us to fill positions quicker with qualified candidates.
1.0
8 Apr 2025
Recommend
CEO approval
Business outlook

Pros

"Executives" never around.. probably a good thing by the way the business operates. Hope you like carrots - they're dangled in front of you constantly to keep you on the treadmill.

Cons

Everyone just exists in this world of denial and gaslighting. Anyone who knows anything has been let go, pushed out, or gained some common sense and left. But hey, just keep collecting those company branded shirts while those at the top make all the wrong decisions and we'll clean em up for you so you can line your pockets.

2.0
4 Feb 2025

Skip this one

Recommend
CEO approval
Business outlook

Pros

- Some great people - Your ideas are heard, sadly not acted upon sometimes - Not expected to work overtime 99% of the time

Cons

- Security paranoia which results in you not being trusted and very slow workflows - Lack of product definition - A lot of frustration - Employees are undervalued, time saving tools are not approved. Hardware is mediocre and limited to Windows OS only.

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Foundation Finance Response
1y
Thank you for your feedback. We appreciate you sharing your thoughts on both the positive aspects and areas for improvement, especially regarding security, product definition, and employee morale. We will work on addressing these concerns.
Viewing 1 - 3 of 45 Reviews

Glassdoor has 45 Foundation Finance reviews submitted anonymously by Foundation Finance employees. Read employee reviews and ratings on Glassdoor to decide if Foundation Finance is right for you.