BearingPoint reviews

3.7

79% would recommend to a friend

(1,151 total reviews)
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Matthias Loebich

81% approve of CEO

56% positive business outlook

BearingPoint has an employee rating of 3.7 out of 5 stars, based on 1,151 company reviews on Glassdoor which indicates that most employees have a good working experience there. The BearingPoint employee rating is in line with the average (within 1 standard deviation) for employers within the Management & Beratung industry (3.7 stars).

Reviews by job title

1K reviews
3.0
Dec 6, 2008
Recommend
CEO approval
Business Outlook

Pros

BearingPoint is a great place to gain exposure to the consulting industry. Specifically the Public Services sector is a great place for a new or experienced consultant to make a direct impact by working with a government client (federal, state or local) to help them solve one of their many issues. Most of the issues we help to resolve with our clients are usually related to technology, management, finance, accounting, or operations. As a BE consultant, you will also have a chance to leverage the knowledge of thousands of other consultants within your sector. I would also like to say that salaries and benefits are pretty competitive for the industry.

Cons

Currently the company is going through financial tough times because of accounting problems that took place a few years ago. Because of these problems, most of the shareholder equity has been wiped out. Though this really does not effect most of the consultants on a direct basis (unless you own BE stock), it does lower the morale a little. Also, any pending action taken to resolve these equity, finance, and accounting issues may have a potential negative effect on the company and its people. Despite these issues, I would say that BE is a great place to work. We just have to wait out the storm for a little while.

1.0
Dec 3, 2008
Recommend
CEO approval
Business Outlook

Pros

There are many different BearingPoints - if you work in a practice which has work, it can be a great place.

Cons

It's totally dependent on the practice. Mine did no business development (everybody working) and when a project ended there was no work. 20 people were placed outside of the practice unit, but all of the middle management were let go. Projects not a career anymore.. It's also almost impossible to see how BE can survive. It's a $7M market cap with $1B of bond debt overhanging it.

2.0
Dec 3, 2008
Recommend
CEO approval
Business Outlook

Pros

BE could be a good starting point for someone just out of b-school to get a broad range of experience. But for mid-tier professionals, I would not recommend this firm, especially if you are joining from outside and did not "grow up" here. A recent "brain drain" has commenced, so absent some kind of miracle, BE as we know it will no longer exist some time in Q1 of 09.

Cons

As a result of financial mismanagement, and a top heavy organization, BE was de-listed from the NYSE. Bankruptcy is real possibility for 2009. Benefits poor and getting worse, no match on 401-K. No real connection to other professionals you do not work directly with on client projects.

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