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      FEXCO

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      FEXCO Reviews

      3.6

      71% would recommend to a friend

      (233 total reviews)
      avatar

      Denis McCarthy

      74% approve of CEO

      64% positive business outlook

      Ratings by category

      3.8

      Culture and values

      3.7

      Diversity and inclusion

      3.7

      Work/Life balance

      3.6

      Senior management

      3.4

      Career opportunities

      3.0

      Compensation and benefits

      FEXCO has an employee rating of 3.6 out of 5 stars, based on 233 company reviews on Glassdoor which indicates that most employees have a good working experience there. The FEXCO 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

      233 reviews
      1.0
      29 Apr 2021

      Got rid of staff without even a redundancy pay and did a dodgy fraudulent pre pack sales between its subsidiaries.

      Manager
      Recommend
      CEO approval
      Business outlook

      Pros

      During furlough (March - October ) they paid 100% of the salary

      Cons

      During redundancy of over 100 staff from Fexco subsidiaries in RFX No1 Currency and Thomas Exchange Global they didn’t even pay the redundancy pay and forced employees to claim it from the government despite been highly profitable. During redundancy process got rid of long standing staff who have been in the company more than 5 years whereas staff who joint less than 1 year secured their jobs simply cos they were personally recruited or family friends or boot lickers with the top management of Thomas Exchange Global (Fexco) Sold the company and brand (Thomas Exchange Goobal and No1 currency) to 100% subsidiary currency exchange Compnay (CEC) for fraction of the real value in a fraudulent pre pack administrative sale to get rid of massive corporate debts and unpaid retail branch rents amounting to over £10 million pounds and forcing the long standing staff out of those companies without any compensation or even the basic redundancy pay resulting in staff claiming the redundancy and holiday pay from the government. (Redundancy pay services)

      1.0
      23 Mar 2016

      Small town company, living off past successes rather than future potential

      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      There is opportunities to progress and travel but again that is among the elite few! I joined the company as I was really proud of Fexco and what it had achieved but I think, it needs to divest some of its failing business units and develop some new talent.

      Cons

      Fexco is one of those organisations where cronyism is at its best. Friends of Friends or Relatives of Relatives get jobs, promotions, hold powerful positions etc. The company really needs to get out of the Dark Age and into the 21st century. There is a real small town feel about the whole company and they always say “what would such a person think”. The employees are extremely competitive and do not look out of each other and there is a real negative atmosphere especially in certain departments.

      5.0
      5 Mar 2021

      Fab progressive company!

      Manager
      Recommend
      CEO approval
      Business outlook

      Pros

      Fexco have been really supportive and progressive so far. They seem to want their employees to do well and be qualified if they desire, and promote within where they can. We are a close knit team and none of this hierarchy nonsense.

      Cons

      None to report so far!

      Viewing 1 - 3 of 233 Reviews
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      ReviewsFEXCO reviews

      Glassdoor has 260 FEXCO reviews submitted anonymously by FEXCO employees. Read employee reviews and ratings on Glassdoor to decide if FEXCO is right for you.