BearingPoint

  www.bearingpoint.com
  www.bearingpoint.com

BearingPoint Reviews

Updated October 11, 2014
Updated October 11, 2014
436 Reviews
3.7
436 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BearingPoint Managing Partner Peter Mockler
Peter Mockler
34 Ratings

Review Highlights

Pros
  • Work/life balance probably a bit better than competitors (in 45 reviews)

  • Really great place to start consulting career (in 19 reviews)


Cons
  • Poor senior management (probably the reason went bankrupt); territorial attitudes of managing directors (in 27 reviews)

  • Compensations, trainings and work-life balance depends on your boss and not from your personal qualities (in 12 reviews)

More Highlights

145 Employee Reviews Back to all reviews

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  1.  

    Manager At BearingPoint

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Manager in Washington, DC
    Current Employee - Manager in Washington, DC

    I have been working at BearingPoint

    Pros

    As a hole BearingPoint is an excellent company to work for. They are understanding of the work / life balance and they encourage their employees to take care of themselves. They are not much of an up or out consultancy. Since it is not a partnership, they promote people based on merit if there is space in the leadership group for the promotion. As for staffing, they are excellent about finding engagements for people that were on a team that is no longer together, whether the contract was over or the contract was lost. They prefer to staff current employees prior to looking outside the company for talent.

    Cons

    In solutions it is hard to see a clear line of determining where work will come from. I know there is a perceived need to build a network, but when you are not client facing, as is the solutions group, it is hard to determine when and where you will be able to generate work from. With that in mind, it is difficult to try and drum up "new" business and secure forward progression on your career path. I cannot say that this is an issue for the company as a whole, but I would say that it is present throughout the Solutions group.

    Advice to ManagementAdvice

    I would have liked them to disconnect the PS group from the rest of the country, much much earlier.

    Recommends
    Disapproves of CEO
  2.  

    BearingPoint review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Manager in McLean, VA
    Current Employee - Manager in McLean, VA

    I have been working at BearingPoint

    Pros

    My colleagues and peers are great and I respect them.

    Cons

    Management above Manager level is not great; communication is terrible.

    Advice to ManagementAdvice

    Take more time and effort to show appreciation toward Managers and staff, letting them know they are valuable.

    No opinion of CEO
  3.  

    Leadership is lacking.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Consultant in Chicago, IL
    Current Employee - Business Consultant in Chicago, IL

    I have been working at BearingPoint

    Pros

    Strong Public Services sector. Clients unwavering support regardless of Chapter 11 filing.

    Cons

    Currently filing Chapter 11. On a project level there are signs of favoritism amongst PM and particular team members.

    Advice to ManagementAdvice

    Schedule more face time with teams and clients, become more accessible to Senior Business Consultants and below - there should be an open door policy, especially when dealing with particular issues.

    No opinion of CEO
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  5.  

    Taking a chance might reap rewards

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Manager in New York, NY
    Current Employee - Manager in New York, NY

    I have been working at BearingPoint

    Pros

    BE, for what its worth, still pretty much lives and breathes the culture of a Big Four Consultancy. It has a pretty big knowledge base that you can tap, there are some great (online) courses, the culture is cooperative and result oriented, and there are still plenty people that one can learn the skills from.
    If you take your destiny in your own hands and act proactively, you can build a pretty steep learning curve.

    Cons

    Working at a company in Chapter 11 is not the savest job in the world. Then again, if you want job security, consultancy is probably not the best profession to be in. The company is working hard at cost cutting and improving productivity, and that brings some downside for employees. Many people have left and more good people will be leaving. If you're not supporting a whole family, you might take your chances: where a lot of people leave, the corporate ladder becomes a bit less crowded.

    Another downside of (any) big consultancy is that the level of bureaucracy is staggering. Prepare for forms in threefold, solution leaders, practice point of contacts, industry account holders buzzing round your head. In spite of this there are still entrepreneurial people around.

    Advice to ManagementAdvice

    Get entrepreneurship back in the company. Don't force people in the mold, throw them into the deep and cull the unwanted directions.

    Doesn't Recommend
    Approves of CEO
  6.  

    He is areally honest, straightforward guy.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Business Consultant in Washington, DC
    Current Employee - Senior Business Consultant in Washington, DC

    I have been working at BearingPoint

    Pros

    Opportunity, flexibility, work-life balance, and client satisfaction.

    Cons

    Chapter 11 is a really frightening reality.

    Advice to ManagementAdvice

    Keep moving the company in the right direction. The plan to get out of Chapter 11 seems really workable. Advice: Communicate, communicate, communicate.

    No opinion of CEO
  7.  

    It's a good company, but bad timing for the comeback.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Business Analyst in Sacramento, CA
    Former Employee - Senior Business Analyst in Sacramento, CA

    I worked at BearingPoint

    Pros

    Dynamic, Productive and challenging opportunities

    Cons

    Due to the financial situation of the company and the market, company is not able to get new projects.

    Advice to ManagementAdvice

    Save the good ones, and get rid of bad employees

    Recommends
    No opinion of CEO
  8. 1 person found this helpful  

    "A good start to a career as an intern"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Intern in McLean, VA
    Former Employee - Intern in McLean, VA

    I worked at BearingPoint

    Pros

    The training is typically good for the department you work for. As an Intern, a week's worth of training. The employee's and manager's were generally friendly and willing to help you with the work that you need to be done. If you get the opportunity to work with senior management take advantage because the corporation is large and sometimes the opportunities are not always there. overall a good place to start an internship

    Cons

    Long hours. As an intern, I worked from 8-7 sometimes later. Not everyone is willing to stay late hours and sometimes the stress of the job can be a little overwhelming.

    Advice to ManagementAdvice

    None

    No opinion of CEO
  9.  

    Good training ground if you can deal with the current uncertainty

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Manager
    Former Employee - Manager

    I worked at BearingPoint

    Pros

    Working in consulting is a great way to be exposed to a variety of businesses and business functions. Consultants have the opportunity to work with senior leadership of name brand client companies and help them with significant initiatives. This type of senior level exposure is much less common for younger employees in industry positions.

    Cons

    In the current economic environment and with BearingPoint's recent bankruptcy filing the future is very uncertain.

    Advice to ManagementAdvice

    Senior management is very focused on cost control and managing cash because of the financial situation. There is a corresponding lack of focus on setting an overall vision and taking the risks necessary to expand the business.

    Doesn't Recommend
    No opinion of CEO
  10. 1 person found this helpful  

    BearingPoint ok place to work, needs improvement.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Consultant in Washington, DC
    Current Employee - Business Consultant in Washington, DC

    I have been working at BearingPoint

    Pros

    Management provides opportunity for employees to handle their own business. Management provided opportunity to work from home without much hassle. Training and certification opportunities continue to be available, for example: Lean Six Sigma training, Project Management Professional certification training. The web-based Learning Management System is robust and easily accessible. Management has been very good about articulating the recent shift into bankruptcy. The current financial situation in the company should set the stage for a stronger company when BearingPoint emerges from bankruptcy. The debt situation has been a dark cloud hanging over the company for a long time and once that is lifted there should be more money and resources available to employees and the company as a whole.

    Cons

    Working on a staff augment project is not recommended. Promotions/raises only happen once a year and occur in February/March time-frame vs. end of year. 2008 bonuses also not announced until March of 2009, to be paid sometime in the summer of 2009. The sectors are very insular, each doing things their own way and not providing much opportunity to move to a new sector. If you start in Public Services, you can plan on being a Public Services consultant for a long time. In general, the life of a consultant is not recommended for individuals who like decision making. As a consultant your job is to provide recommendations and insight that can either be implemented or ignored depending on the mood of the client. Think of it as having all of the responsibility for success, but none of the authority to make it happen.

    Advice to ManagementAdvice

    Retaining personnel in a company that is in bankruptcy means being willing to pay decent raises and timely bonuses. Promotions should also come more readily due to the once a year opportunity.

    Approves of CEO
  11.  

    Most probably a sinking ship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Consultant
    Former Employee - Consultant

    I worked at BearingPoint

    Pros

    For me the best reason was the flexibility allowed at my practice when taking time-off's and such. This after a very demanding time in the project where we had to spend very long hours.

    Cons

    Many:

    - Your growth and salary raise are dependant upon ONLY two things 1) are you in good books of your MD and 2) your ability to fight tirelessly for the piece(small) of pie every performance period. Most of the money will go to MD and senior managers and if they are considerate enough and willing, will pass peanuts to people below.

    - Poor leadership

    - Projects are run with bare minimum resources for higher profitability. No fallback plan on a critical resource. The team will be burdened if some people leave in the middle of the project. Hectic schedules.

    - Their internal recognition Awards are a joke. There were people who got those awards for really doing a great job, but there are times when you'll be awed by their ability in awarding really worthless people for what so ever reasons

    - In a typical project only 50% of the people really do the work. Rest just get by and there seems no accountability. the 50% who work will be required to compensate for the rest.

    - The quality of people has deteriorated over a period of time for above reasons

    Advice to ManagementAdvice

    Value your people and allow them to grow. If you start rewarding people based on their performance(ONLY), you'll see even more success.

    Doesn't Recommend
    Approves of CEO

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