Solid company with a fantastic culture that makes you want to stay even though it's not quite top-tier - Business Analyst Deloitte Employee Review

5.0
Jun 13, 2008
Recommend
CEO approval
Business Outlook

Pros

Deloitte is pretty prestigious as a consulting firm, and the opportunities for growth here are great. You can learn a lot from the different projects, and you'll have the opportunity to work with a lot of brilliant people. The culture at Deloitte is phenomenal - there are very few people at the firm that are unlikable, and those that are tend to leave pretty soon. The company has many events (social, philanthropic, etc) to encourage you to build your network, and while you may feel like you spend all your time doing firm activities, they're fun and enjoyable, so you WANT to spend your downtime with your colleagues.

Cons

Staffing isn't a very transparent process, and until you've been at the firm for a few years, it's pretty much just luck whether you get on a good project or not. You really have to build a strong network in order to hear about opportunities, and sometimes you just can't get the timing to work out. As with any consulting firm, some projects are long hours doing boring work, and you just have to suck it up and deal with it until you can finish that and move on to a better project. Recognition is also kind of luck of the draw - if you happen to get a counselor that's very well known and respected, you'll do well at year end reviews; if you get someone who does their work but otherwise keeps to themself, it will hurt you at year end. It's all a big game to be sure that you're doing activities that are 'seen' by senior management, and it's frustrating sometimes to put a lot of time into one project, but get little to no recognition, and then put in minimum effort on a project that's high visibility, and be praised for the one that barely required any work. Deloitte likes to think that we're a top-tier firm, but the truth is we're a step below McKinsey, Bain, and BCG. In a few years we may be up there, and in certain areas we're at their level, but for now, we just can't match them, particularly when it comes to strategy projects. Clients tend to hire one of the big three for those and then look to us for implementation work, which isn't nearly as exciting/interesting.

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5.0
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Pros

Great learning environment for recent grad

Cons

Work a lot of hours year round

5.0
Aug 4, 2014
Recommend
CEO approval
Business Outlook

Pros

These folks know exactly what they are doing. They set high standards, and consistently deliver. Their project expectations and planning is excellent. The top level management folks are extremely smart and have a great sense of vision and planning. If you go to company social events (which are very frequent by the way), it is quite easy to have conversations with upper management people (Partners). Deloitte's hiring pattern is very consistent. For the young starters, they hire smart, well spoken, and subtly aggressive candidates. They have excellent training and knowledge management. They have a well oiled and empowered HR and Tech Support group. Things get done pretty fast. Their paid time off program is really great, and pretty straight forward. No messing about. They have a big social responsibility program that encourages volunteering. It also presents a great opportunity for youngsters to take event organizing responsibilities. This can be very very useful. Once, I volunteered for an event where we painted rooms for an orphanage center. There was a young guy who did the organizing. We were 10-12 people, with 3 senior executives actually doing paintwork. Quite unique. I have personally seen that Deloitte's top talents tend to start young, spend a 3-4 years, then take a hiatus to pursue a Graduate Degree (typically an MBA). The firm sometimes re-hires these consultants after their MBA with generous financial incentives. They offer much better packages to folks graduating from top universities. Sometimes they can offer huge joining bonuses. I worked in the IT consulting division.They tend to get top-end projects. On projects, the average age seems pretty low. A lot of 20-somethings, then there are a handful of 30-40 year old people and some senior Management folks. Beginner salaries can be a bit low. (which is expected. It takes some time to build credibility in the Consulting business) Overall, a great place to start your professional career. If you pay attention, you will get seasoned very quickly.

Cons

Work-life balance can become poor, especially during tight project timelines (This is expected in the Consulting Business). The employees have a significant amount of "firm-internal" training and knowledge contribution tasks. There are annual goal expectations. It can get tedious if you continuously work on high demand projects. There is intense competition, especially during targeted promotion/milestone years. There can be some backstabbing. It's part of the experience. It is not as bad as it sounds, and seems manageable. A lot of times, being young and inexperienced has it's flaws. The company has a simple way of seasoning consultants. They get pushed into high pressure situations, and they learn fast, and quickly start managing their own work. But they tend to be blind towards intricate details, especially in complicated IT product implementations. This has an interesting effect. If someone is able to do the hands-on work, everyone else tries to piggy-back on that person for their actual work. The hands-on guy gets overwhelmed, and others try to use him/her as a key resource. -- I personally went through a crunch project, and found a number of people "managing expectations" (piggy backing), while a handful of people actually knew the end-to-end solution and did the hands-on work. This created a lot more work and mental anguish than needed. Because of the expressed pressure, the hands-on guys have a hard time building and growing their reputation and subsequent performance evaluation rating. This also affects the project execution timelines. IMPORTANT: Make sure you thoroughly read through your employment agreement and understand the implications. In recent years, they have started hiring for specific projects ONLY. This falls under a particular "AMS service line". In this case, if your assigned project gets into a problem, you are exposed to the risk of employment termination. Their HR and Management are very helpful, and they will try to get you a new project. But there are several constraints like location, your skills, and limited time. I went through this, and it was somewhat unnerving. This was one of the reasons I ended up leaving the company.

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