FM Reviews

3.5

62% would recommend to a friend

(841 total reviews)
avatar

Malcolm C. Roberts

54% approve of CEO

68% positive business outlook

FM has an employee rating of 3.5 out of 5 stars, based on 841 company reviews on Glassdoor which indicates that most employees have a good working experience there. The FM employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

841 reviews
2.0
18 Oct 2023
Recommend
CEO approval
Business outlook

Pros

Decent pay if you stay a few years, Free coffee, Good cafeteria

Cons

Low Morale, Lower management only cares about numbers, Little to no promotion process, Insanely low flexibility, Environment feels very "Us against them" (us peons Vs management) these days.

1.0
9 Oct 2023

A sinking ship

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

FM Global continues to be on the leading edge of loss prevention research.

Cons

For years now, there has been a growing chasm between executive management and rank-and-file employees. Poorly communicated and ill-informed policy changes, tone-deaf responses to the company-wide employee survey, and a failure to provide adequate staffing levels due to the anticipated impact of AI (spoiler alert, it's not going to work.) But in October 2023, the company outdid itself... The CEO has decided to end the wildly-successful and universally-acclaimed hybrid work program. All desk-based employees are expected to report to the office 5 days per week. This is shocking, since FM already doesn't keep up with their competitors in terms of pay, so it is unclear what the company's strategy will be for retaining or attracting talent. There were no tangible reasons provided for making this change, and it has become apparent that this edict is the result of the CEO going on a massive power trip. This change hasn't even gone into effect yet, and already it has made FM Global a worse place to work in every conceivable way. Employee motivation and job satisfaction have plummeted, any remnant of trust or confidence in senior management has been shattered, and every word the company has ever uttered about employee mental health and well being has been erased and made hollow. The only redeeming factor is that middle managers throughout the company have already committed to providing "flexibility" (i.e. looking the other way and not enforcing this ridiculous policy), but we all know that can only last so long. The same can be said of FM Global.

2.0
2 Nov 2023
Recommend
CEO approval
Business outlook

Pros

The benefits are competitive within the market, and the HR department does their best to improve the archaic culture within the organization.

Cons

Where to begin. Over the course of the last 15-20 years, the company has grown exponentially. As a result, the existing systems, technology and culture have lagged far behind industry standards. While technology can be upgraded, culture can be harder to improve. Prior to COVID, while under the previous CEO, Tom Lawson, HR had put policies into place in an effort to improve work life balance, office culture and flexibility. This included a compressed work week, parental leave, flexible work arrangements, relaxed office attire and a work from home policy, to name a few. The work from home policy went into effect on March 1st, 2020. Employees were given the ability to work remotely up to two days a week. To the surprise of everyone, a little over two weeks later, the entire company was working remotely, full time. This major shift caused the company to rapidly improve and upgrade their existing technology, and it also showed the company that we could be successful while working in a new remote/hybrid work era - or so we thought. At the end of 2021, the CEO stepped down and a new CEO was appointed, Malcolm Roberts. Malcolm's first communication to the company as CEO was to announce that anyone who wasn't vaccinated for COVID-19 was to be fired at the end of 2021. Politics aside, that's an interesting way to introduce yourself, and was the first of many red flags. Over the next 2 1/2 years Malcolm took his used car salesman pitch across the globe! He announced that FM Global would be building all sorts of new state of the art facilities in various countries, while also pretending that he was a proponent of remote work. Employees were told time and time again that remote work was here to stay even after FM Global mandated a 3 day in office hybrid policy. But as all this was going on, rumors were swirling that the big bad Malcolm Roberts wasn't happy that on occasion he had to use a computer to communicate with people. And the people that actually work within the company started hearing that he was planning to force employees back into the new offices he was building. Animosity grew. Then, at the beginning of October 2023, FM Global announced a return to office policy starting on November 6th, 2023. The animosity turned to anger, resentment, distrust, confusion and most concerning, apathy. FM Global had arguably their 3 most successful years in company history while the majority of the company was working in a hybrid role. Instead of looking at that success and building off of it, Malcolm opted to destroy morale and effectively eliminate the trust of his entire employee base. So if you're considering working at FM you should probably just apply to Zurich unless you're in the market to buy a 1996 Dodge Neon.

Viewing 1 - 3 of 841 Reviews

Glassdoor has 1,042 FM reviews submitted anonymously by FM employees. Read employee reviews and ratings on Glassdoor to decide if FM is right for you.