Deloitte Reviews

Updated July 5, 2015
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4.0
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Cathy Engelbert
80 Ratings

Pros
  • Advanced attitude towards work-life balance (in 471 reviews)

  • Probably a good place to start your career (in 167 reviews)

Cons
  • Absolutely no work-life balance (in 1260 reviews)

  • There is no Work-Life Balance at all (in 254 reviews)

More Pros and Cons

3,464 Employee Reviews

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  1. Helpful (5)

    Everyone's experience varies

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

    I have been working at Deloitte full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great people to work with. Colleagues can be first rate and great to learn from. Support for training is often excellent. As you advance, you are expected to provide rationale (a business case) for training that suits your goals. You can own your career and drive new experiences and opportunities.
    The corporate culture is designed to be appealing to recent graduates and mid-level management that drives the work that supports revenue. Upper management often works as hard as employees. Upper management is almost always professional and polished. The global brand is in great hands. Given the natural flow of new employees, the culture is constantly scrutinized and updated in useful ways. Opportunities are plentiful but do not always match the skillset, industry, or service line of an employee. Turn-over is expected to be high and skill sets are often balanced with hiring with no need for downsizing, although it does happen.

    Cons

    The experience is not the same for everyone. A person who may thrive in one service line can be ignored or even blocked in others. Your choice of counsellor determines your advancement to a much greater degree than is rational. Retention is low in technical fields because skill sets are not recognized as valuable. Skilled technical people are treated like commodity accounting graduates--rhetoric aside, anyone can be replaced. Advancement is based solely on a person's ability to conform to the accounting sales model (high potential entry level workers managed by experienced managers under sales and revenue driving leadership).
    The workload is staggering to many. When there is no work (briefly in most cases), metrics effectively make that your vacation. People will argue, but functionally, if you are not billing a client, you are burning a small reservoir of hours. If 85% of your time is expected to be utilized, only billable hours count toward that. The 15% is calculated based on training, holidays, time off, etc. As a junior staff member, you have little control over when you are staffed and when you are not. On a positive note, you learn how to network, promote your skills, and use official resources to minimize your unutilized time.

    Advice to Management

    Recognize that some of the advanced skill sets you want cannot be obtained from a recent graduate or by blindly believing people's resumes. New hires are not always better than internal resources. Advancement and retention should be based on the skills you need to do the job and proven performance not to a model that does not track your service line. In other words, look at your business, not just the metrics and policy check boxes. Develop your talent with meaningful, leadership-driven opportunities, not rhetoric-driven fire and forget initiatives.


  2. Great but..

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

    I have been working at Deloitte full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great company, great clients, and nice benefits (except the 401k, I have seen smaller companies with much better matching)

    Cons

    Year end assessment isn't fair. Once you hit manager and above your project delivery will mean nothing if you don't have high sale volume.

    Advice to Management

    Reassess how you perform year-end evaluation. Give project delivery at least the same weight as sales, at least on tough projects where managers don't have time to do business development work.


  3. So far so good

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Arlington, VA
    Current Employee - Consultant in Arlington, VA

    I have been working at Deloitte (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Only been with the firm for about 6 months but everything seems to be what they made it out to be in the interview so far.

    Cons

    Though I have a Masters and came in as an experienced hire, I make about what a college new hire makes. This is partially to blame on a low salary history, though.

    Advice to Management

    Great communication, great opportunities, but could possibly have additional processes in place to ensure that employees are in roles that fit. A peer that joined the same day as me left within about 3-4 months due to a bad project and manager.


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  5. good place

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

    I have been working at Deloitte

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Flexibility
    Talented colleagues
    Great benefits

    Cons

    virtual work leads to low morale/connectivity
    Expected to be connected 24/7


  6. Tech Consultant review

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

    I have been working at Deloitte full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    You learn a lot very quickly, take on all the responsibility you can handle, good mentors, great place to start your career. Very good project management experience - you will learn how to get things done through hands-on experience, something that schools/grad schools may not teach you very well.

    Cons

    Your experience will depend a lot on the type of project that you have. Can go from good to bad depending on project. The long hours are there but sometimes that doesn't matter if you're enjoying what you're doing.

    Advice to Management

    Use newer technology and design principles across your accounts. Sometimes the SDLC needs to be spiced up with new things.


  7. Deloitte AML Consulting

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deloitte

    Pros

    Flexibility and travel and PTO

    Cons

    Long engagements and travel and small bonuses

    Advice to Management

    Recognize outstanding employees by rewarding them


  8. True meritocracy and performance punishment are two sides of the same coin in the Consulting arm

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

    I worked at Deloitte full-time (More than 5 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    - Human Capital Consulting practice is arguably the largest in the world based on both comprehensive service portfolio and revenues
    - Meritocracy for the most part: good performers are recognized through compensation and given more and more responsibilities (trending into performance punishment - see cons)
    - Devoted to a diverse workforce - especially for women
    - Lots of opportunities to get involved in firm initiatives from recruiting all the way to the development of white papers and research (however more on the formal tie to performance management in cons)
    - Competitive compensation with opportunities for high performers to get quick salary raises and performance based bonuses at all levels
    - Various career paths available including specialized technical ones with minimal client interaction
    - Amazing training - both online and delivered through classrooms. Training is often provided through the state of the art Deloitte University and at all stages of your career to ensure that practitioners are equipped with the necessary knowledge to step into roles as quickly as possible
    - Great methodologies for serving clients built through years of experience
    - Good culture that is very collaborative and not as cut throat as in other top tier consulting firms - though this culture does vary significantly from office to office
    - Great support structure that is able to meet all employee needs by calling a single number
    - Opportunities for exotic travel every so often (especially with the influx of large global projects)

    Cons

    - The concept of "performance punishment" is often used to describe high performers that are given more and more responsibility - oftentimes overloading the employees. A key skill to learn early on is when and how to say no, and setting personal limits since otherwise Deloitte will continue to ask for more. For high performers, there is an expectation that they will be available at all hours - including many many weekends
    - Annual Performance Management includes judging how much the employee has contributed to firm initiatives which puts added pressure on employees to take on additional responsibilities beyond client service in order to obtain the highest ratings and compensation increases
    - Junior consultants have extremely minimal say in the staffing process. High performers are in high demand and more often than not assigned to the most high profile projects - even if they don't align with their interests and some times despite requests to the otherwise. This also extends at the more senior levels to a more limited extent. However, this is the case with most if not all large consulting firms
    - There is pushback to transfers within the various consulting divisions in case the employee would like to experience the various roles and if there is a particular role that appeals to the employee more (though this could have been partially mitigated with the implementation of a proposed rotational program at the Analyst level
    - Much like most consulting firms, networking is a necessary evil that needs to be perfected by the employee to ensure that they are getting the right leadership sponsors. And while this may be easier at Deloitte due to the relatively easy access to leadership and the relatively flat hierarchy, practitioners unable to network effectively are often overlooked for the choice projects and may be unable to garner good performance appraisals
    - Travel is an almost guaranteed aspect of the job in certain consulting divisions

    Advice to Management

    - Help junior practitioners achieve better work/life balance through:
       - Exploring remote working opportunities to minimize travel
       - Regular and sometimes forced measures to balance workloads since junior practitioners are generally uncomfortable with balancing their ability to say no while being able to effectively develop a network with leadership
    - Have a formal process for ensuring that employees are placed in the roles and on the projects they want; within reason and after proving that they deserve it - maybe through the implementation of some system that allows high performers to put in a request with their resource managers to be identified when an opportunity aligned with their interests is available, and then actually giving them preference for that role/ assisting with the transition to that role if they are already in an existing role on another engagement
    - Monitor employee engagement and satisfaction through the counselor program - especially for high performers that may be at a higher risk of burnout
    - Continue to emphasize training and potentially implement annual training for all levels - not just at a promotion or for new hires. This will build additional camaraderie within the ranks


  9. Good for college graduates

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

    I have been working at Deloitte

    Recommends
    Recommends

    Pros

    A lot opportunities to have projects in big companies or Fortune 500 and see the business environment in different corporate culture is eye-opening experience.

    Cons

    A little bit overtime but depends on service area or project.


  10. Helpful (1)

    Not Bad but not perfect

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Arlington, VA
    Current Employee - Consultant in Arlington, VA

    I have been working at Deloitte (More than 3 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    -Benefits ( Fitness, overall Health coverage, and 401k)
    -Constantly change work environment that never stagnates
    -Great Resume Builder

    Cons

    -How they align talent; tough to switch service lines, college grads get aligned based on what service line is recruiting at there school, not by skillset.
    -Promotions, performance ratings, career advancement are 90% who you know and 10% what you actually are doing


  11. Great place to work

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

    I worked at Deloitte

    Pros

    Enthusiastic place where we can learn more !

    Cons

    negligible cons when compared to advantages.



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