BearingPoint reviews

3.7

79% would recommend to a friend

(1,150 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 1,150 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
1.0
Jul 28, 2008
Recommend
CEO approval
Business Outlook

Pros

There can be some interesting projects to work on but since you have to "sell yourself" into a new gig, it can be very competitive and i just want to work on projects.

Cons

No room to move up. Work way too much and mangers can be a downright mean. The travel can be grueling and you don't have a social life and if you are married you are away all the time. Being home for only 48 hours every week is not enough. I felt like I joined a cult and didn't drink the kool-aid

3.0
Jul 23, 2008
Recommend
CEO approval
Business Outlook

Pros

In terms of career advancement, this depends on your particular practice or MD team. If the practice or MD has a lot of projects in the pipeline, then you can expect to advance rapidly in terms of promotions and pay raises. However, if projects are lacking within your group, then your utilization number will suffer, which in this case you will not proceed very far, particularly on the bench, and risk removal from the company. Travel opportunities are excellent, again depending on your practice. Normally, with the exception of public services, you will be expected to travel a lot, particularly within the U.S. or even internationally. For public services, employees tend to be staffed locally on multi-year projects, with normal 9 to 5 jobs, so there is a more probable work-life balance with no travel requirements. For the rest, work-life balance can be challenging, since there is an expectation of working over 40 hours a week, and sometimes on the weekends. There is a mandatory training program at the Yale School of Management in New Haven, CT taught by Yale professors, which is very excellent. There is also a clear career path with designated levels; however, promotions are another question.

Cons

That the company is in financial distress would be an understatement. It has reported losses every year, with earlier accounting problems, lots of debts with negative equity, and regular layoffs. Because of this, bonuses and raises, as well as career advancement, are limited, and sometimes non-existent. Depending how the practice is doing, promotions can be arbitrary and non-existent. Management can be incompetent on projects. For example, the problems at Hawaii Telcom, as reported in the press, are a typical example. How you staffed on a project depends on your own personal networking. However you can be limited exclusively to projects within your practice, as a MD may be reluctant to have you staffed elsewhere. In this case, you may have to transfer outside your practice. Many times you are encouraged to post your resume and search for opportunities on an internal job site "Career Connect", but it is considered a joke, and nobody I know has been staffed through it.

3.0
Jul 23, 2008
Recommend
CEO approval
Business Outlook

Pros

Bearingpoint has some sharp key leaders in Management that are capable of winning big deals. Due to this as a consultant you can explore diverse opportunities, interesting clients, and grow a network of smart people that you'll stay connected with for a long time. The new Yale training program is much improved, and the marketting of what the company does has become much more focused.

Cons

Unfortunately the raises and bonuses were usually pretty dismal. They needed to sponsor more employee morale events from the top down and keep the events going to grow communities. It probably depended on the office you were in, which was one reason you didn't always feel like a part of a bigger team.

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