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
4.0
Jul 22, 2008
Recommend
CEO approval
Business Outlook

Pros

BearingPoint offers excellent career potential. An individual can move up the ranks fairly quickly if proficiency is shown in applicable subject matter areas, and if you diplay leadership potential. Also, the ability to work on multiple projects for different clients provides exposure (though this is true of most consulting firms). BearingPoint is also pretty flexible in allowing employees to move around to find your niche (although its better to do this earlier in your career when your rate is fairly low). Typically, the firm offers a decent work life balance that is superior to other large consulting firms. All in all I would work there again.

Cons

Working long hours is sometimes required. Unfortunately the bonus structure doesn't always make up for the long hours worked. Depending on the industry you serve, you may be required to travel most of the time. If you don't mind the travel, its an excellent way to rack up frequent flyer miles and other points. Public Services typicall requires little to no travel. I worked with the firm for over 10 years and traveled no more than 5 to 6 times over the entir course of my employment. The only other downside is the firm still operates under a pseudo partnership model. In short, each managing director delivering consulting services is treated as an economic unit with gross and net revenue goals. My only issue with this is sharing staff becomes an issue when a Managing Director is not credited with the revenue of a staff member. They become less willing to share when they don't get the cash for their employee's work. This type of attitude is counterproductive for the firm.

1.0
Jul 20, 2008
Recommend
CEO approval
Business Outlook

Pros

Not too many. You can get negotiate for a pretty decent starting salary and be content for a year or two. There is also a slim possibility that you will get an interesting project or two under your belt. Also, if you want to break into consulting, the company may be your best shot given this anemic economy.

Cons

The company is going down faster than the Titanic - and there are few lifeboats left given the economy and the perception that most of the talented folks have left the sinking ship. The stock price is in the toilet and morale absolutely sucks. I believe the debt to equity ratio is around 3:1. There are weekly layoffs - people who are on the bench for 2+ weeks are given pink slips regardless of how talented they are or their prior contributions to the company. Raises and recognition is non-existent. The average raise is around 2% -- if you get one at all. Management only cares about their numbers, not career growth or progression. I heard about one Managing Director telling his subordinates that he 'only cares about making money and not making you guys happy'. Absolutely pathetic attitudes from the MD level all the way to the executive level. The CEO is clueless - his response to growth strategy on an analyst call is 'to improve and show growth YOY'. Doesn't sound like he'll be writing articles for the Harvard Business Review anytime soon.

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