FTI Consulting

  www.fticonsulting.com
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FTI Consulting Reviews

Updated Jul 19, 2014
All Employees Current Employees Only

3.1 176 reviews

100% Approve of the CEO

FTI Consulting President & CEO Steven H. Gunby

Steven H. Gunby

(2 ratings)

55% of employees recommend this company to a friend

Review Highlights

Pros
  • Excellent work-life balance in the unit I working(in 10 reviews)

  • You learn a lot from an incredibly talented group of people (wish they did a better job of making them want to stay)(in 6 reviews)


Cons
  • Little professional development beyond informal day-to-day management; little work-life balance(in 21 reviews)

  • The senior management team does not care about the career deveopement of their staff, nor do they seek to train them(in 10 reviews)

12 Employee Reviews Back to all reviews
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    • Culture & Values
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    Very political organization

    Anonymous Employee (Current Employee)

    ProsThere is really not much positive as a place to work and establish a long term employment

    ConsThere are so many narcist with little to no respect for others. Management is so focused on internal politics rather than getting the work done. Their technology practice wants to make a product and turn the practice into a product company. They will never achieve that with the current leadership with too much lawyer mentality. They only know the legal business and how to charge more hours to the clients.

    Advice to Senior ManagementHopeless

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
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    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Horrible Place To Work - I Did It For The Money

    Director (Former Employee) New York, NY

    ProsOnly two pros: It's a global company, so you have the opportunity to travel to other offices and they pay a lot. But make sure you get a high salary upon your day of employment because you'll be damned if you get a decent raise afterwards.

    ConsOtherwise, I worked for five years in D.C. and NYC in Strategic Communications and it's a bloodbath.

    Nobody helps you -- you better have your own connections to get accounts. You have to eat what you kill and it's all about office politics. You have to align yourself with the right clique or you get destroyed. The right clique will then "feed" you clients here and there to survive until you get sure footing (at least one year).

    Most new hires are spit and chewed out after two years, their demise was always imminent. There's so much turnover, it's unbelievable. People live in constant fear of being fired while the upper management spends thousands of dollars on dinners, limos and such for themselves.

    There aren't any stock options and the "benefits" are a joke. They're like every other mediocre company.

    It's very mercenary. The only way you get any job security is if you land a big account -- like $75-100k/month and praying that one of your managing directors doesn't steal your accounts.

    BTW, your managing directors steal your accounts. You work hard to land it -- do all the pitching -- and they "transfer" it to themselves, thereby getting credit for it.

    I earned my keep and got the heck out of there as soon as I saw a good opportunity. There's no work/life balance (I used to work on weekends). It's just not worth it.

    Also, I saw a colleague of mine get fired even though she had the highest amount of billable hours and always receive positive reviews. Turned out her new boss didn't like her and dropped the guillotine.

    It's ruthless and no place to work unless you like a good battle.

    Advice to Senior ManagementManagement doesn't read this, so why bother? They're going to polo and tennis tournaments. Also, I love the fact that FTI had their team clean up Glassdoor with fake reviews, because it was awful.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
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    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Unless you're a part of the clique, you're out of luck

    Anonymous Employee (Current Employee) New York, NY

    ProsInteresting work and good opportunity to work with great clients.

    ConsSince the economy has become so competitive, the culture at the firm has become very cut throat. The question that's asked by everyone, especially the SMDs, is "What have you done for me lately?" Everyone says it's a teamwork oriented environment, but the notion of teaming or sharing is a joke. Folks here protect contacts, protect clients, and don't practice cross sharing or cross selling. Lots of great talent not being nurtured, and incompetent folks getting promoted. Management also lacks the ability to communicate any news effectively.

    Advice to Senior ManagementRead all the "Con" reviews on Glassdoor carefully. They are definitely sending a consistent message to management: no transparency, incompetent SMDs, short term gains at the expense of long term vision, lip service on teaming, old boys network, poor pay, bad benefits... These are all true.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
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    • Disapproves of CEO

    3 people found this helpful  

    Out of touch, inefficient, old boys club that rewards ineptitude

    Anonymous Employee (Former Employee)

    ProsIf you get promoted up to the SMD level you are very well paid, with little regard for your effort, skills, or value you bring to the organization

    ConsAn amazingly inefficient company. There is a lot of expertise there but no one shares ideas or works together (that might reduce billable hours). Lots of inept upper level management who diligently work hard to make others look bad in order to not have their own mistakes noticed

    Advice to Senior ManagementTo the executive level, take a very hard in depth look at the SMD level. There is an amazing amount of dead weigh. Lots of SMDs that provide little to no value. Not to mention many that do a lot of harm by only looking to maximize their own bonus, not the overall good of the company.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    5 people found this helpful  

    Snake Pit.

    Director (Former Employee) New York, NY

    ProsGood name. Seemingly solvent. Large enough to have advantages of scale. Starting to integrate globally.

    ConsVicious political environment between management. Terrible culture. No respect for talent. Shark tank of people trying to keep their position. Talented senior people let go and replaced with hordes of junior associates who are paid low wages

    Advice to Senior ManagementWay too many low-skilled, cheaply paid workers. Keep and nurture your talent - listen to the innovators. Don't reward the snakes for back room politics - reward talent and creativity. FTI culture lacks authenticity and trust. FTI needs a better conscience towards its employees. The sectors terribly siloed due to competition over clients and territories.

    No, I would not recommend this company to a friend

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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    4 people found this helpful  

    A company is its people, these people were rotten

    Senior Consultant (Current Employee) Roseland, NJ

    ProsGreat Vacation Time, (cant think of anything else, there is a 5 word minimum)

    ConsThe people, the style/manner of completing the work

    Advice to Senior ManagementIts possible I was in a bad group but my co workers were back stabbing, constantly ccing the boss on correspondences having to do with very minor/anal errors, (I wouldnt even call them errors but they did), instead of coming directly to me, generally throwing me under the bus and just nasty, barely would say hello in the morning. Not sure if the culture of attempting to do projects in half the time needed requiring the group to stay till 11 at night caused this atmosphere or if the co workers were just miserable people, likely a combo of both. Wouldnt recommend this company to an enemy, the extra vacation, (no extra salary, got a 20% raise when I left) is not worth dealing with the poor attitudes and super competitiveness of the co workers and sweatshop style of the company.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    4 people found this helpful  

    Terrible place to work, advancement blocked by more senior professionals

    Director (Current Employee) San Francisco, CA

    Pros- Most of the people here are very smart and hard working
    - Pay is solid and on par with industry

    Cons- Senior leaders are very narrow minded and will not allow people below them any flexibility to try new initiatives
    - Bonus is driven way too much on utilization, which provides no incentive to do good work and only bill hours
    - Don't do anything to retain talented employees, a lot of which leave within 1-2 years of joining the firm
    - No integration of culture from the plethora of acquisitions over the last 5 years
    - No strategic vision or leadership from practice leaders or senior management - increasing bill rates and hiring more people is not a sustainable growth strategy. Also no transparency or communication from same leaders.

    Advice to Senior ManagementYou need to provide more communication and transparency, as well as develop a legitimate strategy and actions to achieve the end goal. Just stating the end goal without any implementation is useless.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    5 people found this helpful  

    Poor Career Investment

    Technology (Former Employee) Annapolis, MD

    ProsYou will receive your paycheck on time. There are always plenty of tasks to be completed for this company. You can learn some things with FTI.

    ConsCareer advancement within the company is extremely difficult to impossible, as current staff does not advance from existing positions.
    Employees are not given competitive compensation, nor are they compensated appropriately for going above and beyond, but expect to do so on a regular basis.
    Technology Management will regularly demand you work during vacation time (PTO).
    60 to 90 hour work weeks are expected and without compensation.
    Inter-team communication is poor to nonexistent, and employee - management communication is very nearly zero as well. If you have a family, be prepared to not see them for a large portion of your time. FTI Demands a certain high level of commitment from employees that is unreasonable and if an employee is unable to keep that commitment, will reflect very poorly for you in employment reviews.
    Technology has a difficult time retaining employees as there is a lack of respect for most employees by management. Do not expect to work within your job description, this company uses "Other Duties as Assigned" for a large portion of your actual work day. The best way to advance your career is to stay away from this company. It is a chop shop running through a nightmare with seemingly no end in sight. Employees are expected to perform personal reporting on the job that is easily seen as taking care of managements work for them.

    Advice to Senior ManagementWhen management asks questions of its employees, it is recommended that you listen to what your people are telling you. Build relationships with your employees instead of treating them as less than human. Put a stop to mistreatment.

    No, I would not recommend this company to a friend

    • Work/Life Balance
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    • No Opinion of CEO

    6 people found this helpful  

    FTI Corporate Finance - A melting ice cream cone backed up by an inflated stock price.

    Director (Former Employee) Washington, DC

    ProsFTI is a great place to learn about favoritism, ineptitude, apathy towards personnel development, and how to bilk customers out of their money. If you need to a place to come hang out for a few months and look for a better job, FTI is also a good place.

    ConsSee above (all of the above apply).

    Advice to Senior ManagementPenalize SMD's on low utilization of staff. Reward SMD's progressively for hours charged to a diverse portfolio of client accounts in a period. Any monkey can stay busy working on the same client day in and day out, but it hardly results in sustainable growth or opportunities for junior staff development.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    5 people found this helpful  

    Great place to work

    Consultant (Former Employee) New York, NY

    ProsGreat place to work. If you like a competitive environment that favors the client over the home team, and a management group that runs you 24-7. There are great rewards- if you can claw your way up to Director. Did I mention teamwork? I guess not, because there isn't any. If you have your own set of clients and can start as a Director or higher, then why not join up? Are you a young consultant just out of school? See if you can hack it.

    ConsIf you have a family, you can kiss them goodbye. Because you are going to be working, working, working, 24-7. If you're not a mind reader or a butt kisser, look for work elsewhere. If you cannot prove that you are building their business (bringing clients in or making existing clients happy) then you are toast. Just getting the work done is not enough.

    Advice to Senior ManagementI hope you guys sold your inside stock options at the peak of the market. Maybe you should employ robots instead of consultants.

    No, I would not recommend this company to a friend

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