FTI Consulting Reviews

Updated March 9, 2015
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FTI Consulting President & CEO Steven H. Gunby
Steven H. Gunby
26 Ratings

52 Employee Reviews

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  1. 2 people found this helpful

    Shared Services is the Worst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Corporate Accounting in Annapolis, MD
    Current Employee - Corporate Accounting in Annapolis, MD

    I have been working at FTI Consulting full-time (less than a year)

    Pros

    Flexible hours - Good Friends

    Cons

    No bonus or increase of job duties unless you are part of the "click"
    Employees receives no recognition. Shared Services questions are pass along to everyone. Never on the same page. All payments are paid late because management does not allow support
    Managers mostly stand around gossiping about employees

    Advice to ManagementAdvice

    Become involved with your employees duties. Take classes to be more familiar with your department. Supervisor should fight for higher raises and bonus instead of taking all of it for yourself.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful

    Software Development for Lawyers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Software Engineer in Seattle, WA
    Former Employee - Senior Software Engineer in Seattle, WA

    I worked at FTI Consulting

    Pros

    Paid fairly well but it's not a software development organization.

    Cons

    The corporate culture is legal consultants working on multi million dollar contracts.
    This means that when something goes wrong there's a "reaching out" to grab whoever can fix it.
    All well and good until the number of emergencies makes it impossible to do the development that might oh.. prevent the emergency.

    Advice to ManagementAdvice

    You have expert accountant consultants. Maybe they can set up an internal billing system so that when someone reaches out and grabs developers off their projects, the project they're grabbed for gets billed for the time lost in a way that encourages planning ahead and getting official resources.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful

    Consultant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Consultant in New York, NY
    Current Contractor - Consultant in New York, NY

    I have been working at FTI Consulting as a contractor (less than a year)

    Pros

    Decent rate for the work I do. Long project. Convenient, new offices. Some snacks, tea, coffee and milk provided

    Cons

    Bosses treat people at different levels differently. The non-stars get bad treatment. You can tell by the treatment what level you are. The direct boss is a passive aggressive snake, capable of any kind of low behavior, would rather complain to higher ups than talk to employees directly, would make you wait for things to get back at you. The snacks were wonderful at the beginning, now the feeling is that the crappiest least popular snacks are being ordered (don't get me wrong I appreciate what they provide, but why go from decent snacks to crap?). I think the popular snacks stopped being ordered because the people quickly emptied the supply, now the snacks remain. If I had another long lasting opportunity with the same pay, I would leave.

    Advice to ManagementAdvice

    Don't treat people like crap, even the lower level employees need decent treatment. Also, stop with the passive aggressive behavior. Teach direct managers how to manage well.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5. 1 person found this helpful

    Investment banking hours, public service pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate/Assistant Vice President Level in New York, NY
    Former Employee - Associate/Assistant Vice President Level in New York, NY

    I worked at FTI Consulting full-time (more than 3 years)

    Pros

    I worked in the communications group which is very different from the economic consulting group. There are SOME smart people, experience depends on which team you are working for and your respective bosses. You get exposure to different clients and scenarios which is good. It's probably a good place to start off at at the beginning of your career. Do a few years and then move on.

    Cons

    There is a sense of chaos in the day to day account management. Teams are slow to recognize talent and poorly promote/compensate the brightest and the best. The long hours pulled throughout the year (and I mean long) are quickly forgotten about during the March/April comp season. For this reason there tends to be a high turnover.

    Advice to ManagementAdvice

    Promote work-life balance.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6. 4 people found this helpful

    The definition of "Old Boys Club"

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

    I have been working at FTI Consulting full-time (more than 5 years)

    Pros

    The pay is decent. The medical and 401k benefits are competitive. Some of the people you work with are really nice people..

    Cons

    The only way to get any promotion is to go out drinking with your boss. Friends and golf buddies are promoted and rewarded ahead of all others. Raises and compensation are skewed similarly.

    Advice to ManagementAdvice

    As if you'd listen anyway...as long as a profit is being turned, management does not care what happens to the employees.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7. 6 people found this helpful

    Flexible work schedule, but corporate politics prevail.

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

    I worked at FTI Consulting as a contractor

    Pros

    Flexible work schedule; salary paid on time
    The employees who worked on other projects were very friendly.

    Cons

    My supervisor suffered from a Napoleon complex. He praised the subordinates who lacked the qualifications, prior work experience and motivation necessary to perform the job because they did not pose a threat to him, while attacking and degrading the subordinates who excelled and went above and beyond duty to get the job done. He also lacked professional experience in the relevant field and, consequently, was very insecure. However, since he was hired at the onset of the project, he was promoted to a supervisory position.

    Advice to ManagementAdvice

    Recognize the employees who consistently produce high-quality results. Do not promote employees solely on the basis of the number of years they have been working at FTI or their relationship with senior managers. Bottom line: Performance is more important than corporate politics.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. 3 people found this helpful

    Consulting experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - SMD in New York, NY
    Former Employee - SMD in New York, NY

    I worked at FTI Consulting full-time (more than 3 years)

    Pros

    Lots of freedom, and opportunity to work in different areas

    Cons

    Practice head very inconsistent. Inconsistent information.

    Advice to ManagementAdvice

    Reassess performance of group leaders

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 4 people found this helpful

    Turn around...Not a good place for growth or development

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

    I have been working at FTI Consulting full-time

    Pros

    Good vacation if you are able to take it. Get to work on some interesting high profiled cases, but project experience is variable. Smart coworkers.

    Cons

    Pay is not competitive with other firms. Work life balance is difficult to manage sometimes and despite the firm emphasizing that at times, it definitely does not hold true. Pressure to always be billable at the risk of one's professional development. Project experience definitely ranges. Only have had one decent project during my time at the firm. Culture needs to be improved - there are cliques that are favored.

    Advice to ManagementAdvice

    Culture needs improving - many people leave after being frustrated with project experience, work life balance, and overall unhappiness. Need to do 360 reviews - some managers are poor at communicating information and keeping junior folks involved. More emphasis on development and less on just billing hours. Very little mentorship here and lack of genuine involvement and guidance from senior management.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 3 people found this helpful

    Non-accounting Accountants

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Consultant in New York, NY
    Former Employee - Consultant in New York, NY

    I worked at FTI Consulting full-time (more than a year)

    Pros

    The work flow is steady - there are plenty of restructurings and bankruptcy proceedings going on. You can work steadily away and have a secure, comfortable, albeit not ultimately lucrative or sexy career.

    Cons

    This is an accounting culture through and through. There's a lot of hierarchy and work processes that don't make sense, but exist just because that's the way it's always been done. You are working alongside a lot of lawyers and other bill-by-the-hour-types, so the incentive is generally to bill a lot of hours.

    The infrastructure here absolutely sucks - we did our own hourly billing review every month in excel. Pretty pathetic there wasn't centralized software. Conflict checks for cases are an absolute nightmare.

    A lot of the senior people harbor insecurity issues - they fancy themselves and bankers, but they're not really financing anything, they're just keeping tabs on other people's money. The senior people try to come up with novel analyses or ways of thinking about things, but it's all just BS - the work is boring and straightforward and non-scalable (ie - it's still hourly billing). You exit ops will be nil - this is not a gateway to other jobs in finance the way a job at a real bank or fund manager is.

    Advice to ManagementAdvice

    Just accept that you're a glorified accounting firm and stop thinking you're bankers just because you're involved in high profile restructurings.

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

    Interesting work, but low pay and low ceiling

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Consultant in New York, NY
    Former Employee - Senior Consultant in New York, NY

    I worked at FTI Consulting full-time (more than 3 years)

    Pros

    People and work projects were at times interesting

    Cons

    Pay, guidance, upper management, incest type culture

    Recommends
    No opinion of CEO

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