Derivco Reviews

2.9

32% would recommend to a friend

(656 total reviews)

Andrew Slabbert

14% approve of CEO

23% positive business outlook

Derivco has an employee rating of 2.9 out of 5 stars, based on 656 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Derivco employee rating is 25% below average for employers within the Information Technology industry (3.9 stars).

Reviews by job title

656 reviews
1.0
14 Aug 2015

Project manager

Recommend
CEO approval
Business outlook

Pros

Good salary, especially for a company based in Durban; Highly skilled individuals, with a drive to succeed; Lots of good people, with solid values; Very laid back environment (appeared) with a games room, gym, cafeteria, etc...

Cons

The higher the salary, the bigger the EGO! You had to sell your soul to the devil to continue your growth path at the company; Senior management did not like to be challenged; Some of the Senior managers were in posts that they did not deserve - but was merely part of their career progression; A very stressful working environment, where you are EXPECTED to work long hours and weekends; Turned out to be a very greedy and self absorbed culture.

1.0
15 Aug 2024
Recommend
CEO approval
Business outlook

Pros

Sadly there are none anymore.

Cons

* The company is laying off hundreds of people right now * The company used to be a "family oriented" place , but now laying off hundreds of people who have families, home loans to pay, school fees etc * The CEO and the Exec should be the ones to be layed off, they are the constant, toxic element in the company that has caused the decline, the rot for the last 10 years * The current CEO must remember that he was a below average Developer , and an average CEO at best and laying off people is a sign of weak leadership. * To aspiring Technologists, do not join this company. It is not a safe environment and one cannot grow in their career. * They claim to be a technology company but the underlying architecture and systems are 30 years old.

2.0
14 Jan 2015
Recommend
CEO approval
Business outlook

Pros

Nothing really. This company is no longer a technology company pushing the boundaries. They are an enterprise with heaps of red tape where things hardly change.

Cons

There just isn't enough parking for people at the company. If you work here, forget about going out for lunch as you are parked in. It's an issue for years, with nothing being done about it. If there ever was a massive signboard telling the world that this company is not able to plan and can only work on reaction, a few years late, that is it. Technology is no longer relevant. This is no longer a technology company pushing boundaries across the board. It's a big grey corporate working at a snails pace. Do not under any circumstances make your manager look bad by having a good idea. They take it personally and you won't be getting any performance reviews. You end up being very unproductive, doing very little but getting a big bonus because your boss looks great. You only get ahead in this place by playing golf with the right people, or sucking up. You get given a promotion if you are able to make the people above your new role look good People don't take responsibility for things. Issues are finger pointed to everyone else. There is no accountability. The company is not able to get people with experience, or skills. They are mostly taking on graduates every month, and give them big massive projects to run with. So most things going out the door looks like a 3rd year graduate project. There is "mentoring" and "Coaching" as a requirement for performance bonus, but it is just for show. There is no technical leadership, good design practices or such things. People do the mentoring to get a bonus, and spread their bad ideas everywhere. Everyone punts the free food. It's the same boring menu they repeat over and over and over. The facilities staff spend more time running their sideline cafe than actually fixing things. The lift in the building has been broken for years.

Viewing 1 - 3 of 656 Reviews

Glassdoor has 718 Derivco reviews submitted anonymously by Derivco employees. Read employee reviews and ratings on Glassdoor to decide if Derivco is right for you.