Compass Lexecon

  www.compasslexecon.com
  www.compasslexecon.com

Compass Lexecon Reviews

Updated October 13, 2014
Updated October 13, 2014
28 Reviews
3.9
28 Reviews
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Dan Fischel
2 Ratings

17 Employee Reviews Back to all reviews

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  1.  

    Great place, hard work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Research Associate in Oakland, CA
    Current Employee - Research Associate in Oakland, CA

    I have been working at Compass Lexecon full-time

    Pros

    Preps junior level people for grad school. Fast paced work environment with really smart people

    Cons

    No way to move from junior to senior level internally (PhD required)

    Advice to ManagementAdvice

    Overtime pay on top of salary is HUGE benefit that helps immensely on those long nights and weekends of work. Not all good economists are good managers though...

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great upward mobility for hard workers!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Economist in Chicago, IL
    Current Employee - Economist in Chicago, IL

    I have been working at Compass Lexecon full-time (more than 5 years)

    Pros

    Compass Lexecon Prmotes from within, so plenty of growth opportunity for serious, hard workers. Academic and collaborative work atmosphere. Never feels like you're competing with peers.

    Cons

    In order to advance your career here you generally have to be wiling to work long hours as, in the end, what is most appreciated here is to work fast, much and not make mistakes. So it can get very stressful.

    Advice to ManagementAdvice

    Acknowledge hard work and give more thorough reviews. Be more clear about expectations. Open up more channels for conversations on career advancement.

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    Standard Economic Consulting Gig

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst
    Current Employee - Analyst

    I have been working at Compass Lexecon full-time (less than an year)

    Pros

    Some substantive work from the start, good pay, smart people, good perks (4+ weeks vacation from start, overtime pay, overtime/weekend meals). Very open, even head of office cares about little guy's opinion.

    Cons

    Sometimes very boring, can work on same case for months, little direction in slow times. Little focus on personal and professional development.

    Advice to ManagementAdvice

    Provide more training to those new to the industry. Job will be more rewarding if know the type of work you're getting thrown into.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    This is an OK job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst in Chicago, IL
    Current Employee - Senior Analyst in Chicago, IL

    I have been working at Compass Lexecon full-time (more than an year)

    Pros

    Work on high profile cases. Can be an easy 9-5 if you want it to be. I like my co-workers; good group of sports and fitness bros. Best thing is Dinner if you work past 7pm.

    Cons

    1. Total compensation is about 10 to 15% below market. They give you a very low base combined with overtime pay. This is particularly awful since even fresh college grads are billed out at $500/hr, which is way above industry average. 2. There is absolutely no investment in employees. Literally no training at all--there are people here who have been doing monkey work like cite checking for decades! I wish i was exaggerating, but it's true. 3. Most of the people hired or promoted here are connected to senior management or a client. I'm not sure if everyone else is treated fairly. 4. The offices here are the worst I've ever seen. Even junior members of the professional staff have shared inner offices where you can pass an entire day without a glimpse of sunlight.

    Advice to ManagementAdvice

    More money, more training, more transparency.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  6. 2 people found this helpful  

    Great mentor = great times.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Research Associate in Los Angeles, CA
    Current Employee - Research Associate in Los Angeles, CA

    I have been working at Compass Lexecon full-time (more than an year)

    Pros

    Great for people who want to earn a PhD in Economics and continue on the route of being an economist. This is one of the more lucrative ways to practice one's knowledge of Economics. Also, less frequent, but works well for those who want to go to law school.

    Cons

    Not creative. At the entry-level, pretty data monkey-esque.

    Advice to ManagementAdvice

    Project supervisors should be weary of taking on too many projects. The unavailability and dilution of some managers' attention to their hoarding of projects can be a detriment.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Smart people, interesting work, long hours, good pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst in San Francisco, CA
    Current Employee - Senior Analyst in San Francisco, CA

    I have been working at Compass Lexecon full-time (more than 3 years)

    Pros

    Compensation is probably best in the industry; co-workers are incredibly intelligent; PTO is very generous

    Cons

    Weak performers are rarely kicked to the curb; there's a somewhat perverse incentive structure where top performers are made to work more; performance-based bonuses would be a way of alleviating this, but they are pretty equal across all analysts

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    Good place to work with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Chicago, IL
    Current Employee - Analyst in Chicago, IL

    I have been working at Compass Lexecon full-time (more than an year)

    Pros

    good work-life balance, very good colleagues

    Cons

    niche industry, not so clear career path

    Advice to ManagementAdvice

    diversity, maybe

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Great place to learn

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Compass Lexecon

    Pros

    access to resources everyone is really smart and has strong work ethics

    Cons

    No formal review system at times can be a manic work schedule

  10. 1 person found this helpful  

    Sometimes rewarding, sometimes tedious, often demanding

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

    I have been working at Compass Lexecon full-time (more than an year)

    Pros

    Smart colleagues, pleasant atmosphere, free food. Casework is sometimes interesting; if senior staff grow to like you, they'll involve you in more analytical thinking and modeling.

    Cons

    Lots of work on evenings and weekends, often without advance warning. Much of the work for analysts and senior analysts can be quite tedious--data entry, formatting, printing binders.

    Advice to ManagementAdvice

    Warn people about the evening and weekend work very clearly before they commit. Some folks burn out on it, and everyone can make better decisions with more information ahead of time.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Best in business, great people, long hours

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

    I have been working at Compass Lexecon full-time

    Pros

    People are top-notch. Casework is very interesting. The company as a whole is quite organized and relatively independent from FTI which is an ok company from what I have seen.

    Cons

    Long hours are pretty standard-the company as whole is always busy with high-profile engagement, mostly mergers and litigation.

    Recommends
    Approves of CEO

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