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
4.0
Nov 27, 2008
Recommend
CEO approval
Business Outlook

Pros

Great people, interesting projects, and the work-life balance is great once you've established yourself here as a diligent worker. While the training isn't as good as other consultancies, BearingPoint recently began a relationship with Yale University and send Managers, Senior Managers and Managing Directors there to get trained by Yale faculty. That program is fantastic if you get to go.

Cons

Salaries are comparable to the industry, but total compensation is not, with small or non-existant bonuses, WEAK 401K program, and the stock worth so little it's more financially sound to use it as toilet paper. A $990 million dollar debt has turned what should have been a great year in 2008 to concerns about bankruptcy. Uncertainty as to whether the company will exist after the April 2009 debt payment comes due is causing concern that there will be an exodus of staff.

4.0
Nov 25, 2008
Recommend
CEO approval
Business Outlook

Pros

Good name. Lot's of oppurtunity if you're not job hopping. If you are, this isn't the place. BE needs committed and talented people who can focus on making the clients happy. If that continues, the rest takes care of itself. Have a great work life balance program. None better!

Cons

Despite profitable and growning...huge debt load is a major drag! It pervades everything in the company! Seems like senior management is really trying to make the best of a bad situation. Seems like we're in a race against time now that the ecomomy has gone in the loo! The hard part is trying to get the job done with all of this hanging over us. Senior management encourages us to keep focused...

2.0
Nov 25, 2008
Recommend
CEO approval
Business Outlook

Pros

In chaos, there is opportunity. There is a problem-solving ethos that at times is inspiring. The ethos is especially heartening when used to solve internal problems, but doing so takes the talent away from profit making client services. Teaming across practice lines can result in rewarding outcomes for clients, despite the weirdly non-corporate internal stovepipes. When it works, it works well and clients appreciate the "art" we're able to bring to their problems.

Cons

Well, the stock purchase plan would be a downside now. Other than that practical item, there's the arrogance of senior leadership, the ridiculousness of re-branding (from tan and black to red) rather than getting the finances in order. And then there were all those upbeat but wrong messages from Harry You (some from the golf course) as financial statements repeatedly failed to satisfy investors or regulators.The government clients' decision cycles lead to periods of downtime that are filled with make work internal projects; the internal project management and financial programs are notoriously user-hostile and understood only by people who've been with the firm since the mid 90's. Internal IT capability and support is way below par, (and this for an IT consulting company no less).

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