Does Formidium pay their employees well?

According to anonymously submitted Glassdoor reviews, Formidium employees rate their compensation and benefits as 2.8 out of 5. Find out more about salaries and benefits at Formidium. This rating has decreased by 3% over the last 12 months.

How satisfied are employees working at Formidium?

38% of Formidium employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Formidium 2.9 out of 5 for work life balance, 2.8 for culture and values and 2.7 for career opportunities.

What are the top reviewed jobs at Formidium?

Senior Associate (14) , Associate (8) , Associate Manager (7) , Manager (6) , Software Developer (4) , Software Engineer (4) , Assistant Manager (3) , Sr. Associate (3) , Vice President (3) , Business Analyst (2) , UX-UI Designer (2)

What are the pros of working at Formidium according to real employee reviews?

"Good work culture and flaxible timing" ((in 5 reviews)); "Work life balance, infra is good" ((in 5 reviews)); "Employee friendly, Good culture, one of the best at Jaipur" ((in 4 reviews)); "Flexible timing team is supportive" ((in 4 reviews)); "Good Work Policies and Salary" ((in 4 reviews))

What are the cons of working at Formidium according to real employee reviews?

"Indecisive management" ((in 3 reviews)); "No job security and Opportunities" ((in 3 reviews))

What are employees saying about Formidium redundancies in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Formidium redundancy and their outlook for job security at Formidium in 2026.

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Formidium

Formidium Reviews

Compare reviews

3.0

38% would recommend to a friend

(96 total reviews)

Nilesh Sudrania

57% approve of CEO

42% positive business outlook

Ratings by category

2.9

Work/Life balance

2.8

Culture and values

2.8

Compensation and benefits

2.7

Diversity and inclusion

2.7

Career opportunities

2.3

Senior management

Formidium has an employee rating of 3.0 out of 5 stars, based on 96 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Formidium 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

96 reviews

1.0

4 Jul 2025

worst company I've ever seen

Software engineer

Recommend

CEO approval

Business outlook

Pros

none, can't find any pros

Cons

toxic culture and i know some of the staffs are going to sue them

1.0

19 Jul 2023

Nothing is good to explain.Only one word for them is Terrible.

Associate manager

Recommend

CEO approval

Business outlook

Pros

Nothing is good to explain.Only one word for them is Terrible. It is only good if you have some relative at higher management level as this is just BHAI-BHATIJA company.If you don't have options then wait for some time and find other options available in Jaipur, but don't join else you can go through the mental trauma specially in Operation department-Private Equity.

Cons

1. No job security , No salary hike and appraisal from last 2 years. 2. No leave policy . 3. Hostile Environment. 4. Security issues for females employees as Sr.Manager (Operation department -Private Equity) texted at night and pressured to meet outside office . HR is just a puppet to management , so they cann't take POSH complains and after that they will trapped you in some sort of stuff just to terminate you at any cost or you will put the resignation. 5. No work-life balance. 6. No Growth and learning only exploitation. 7. As they are loosing funds , but they will not fire you , they will torture you at that level where you will look for any options just for sake out from the company.

5.0

18 Mar 2025

Worst Company

Junior software engineer

Recommend

CEO approval

Business outlook

Pros

Get to learn a lot

Cons

It is the worst company as there is a lot of politics involved

Formidium Response

12mo

Thank you for your five star rating. Politics is part of our life, including workplace. Learn to manage and thrive in the environment.

Viewing 1 - 3 of 96 Reviews

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