FTI Consulting

  www.fticonsulting.com
  www.fticonsulting.com
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FTI Consulting Reviews

Updated September 11, 2014
Updated September 11, 2014
190 Reviews
3.2
190 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
FTI Consulting President & CEO Steven H. Gunby
Steven H. Gunby
8 Ratings

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)

More Highlights

26 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Great learning experience, awesome people, decent work/life balance, average pay

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

    I worked at FTI Consulting full-time for more than 5 years

    Pros

    Pros – young, energetic culture, strong senior management, interesting projects, good overall benefits package:

    1) Most offices and segments hire directly on campus, which is great in promoting a positive and fun culture and great learning environment
    2) It probably depends on your group, but the senior management in my group was awesome, I felt like they truly looked out for my personal and career growth, as well as work-life balance… open-door policy 24/7
    3) While you may get stuck on a boring project every now and then, most of the engagements are challenging, stimulating, and featured on the front pages of WSJ and CNBC, and you often feel like you’re making an impact doing real work
    4) I felt the overall comp was roughly market average, but they have generous non-pay benefits like PTO, 401K, health, nice company dinners, golf outings, ball games, happy hours, holiday parties, etc.

    Cons

    Cons – many of the drawbacks of working for a large public company: misaligned corporate policies, poor bonus structure, rigid pay bands and promotion schedules:

    1) Strict comp and promotion schedule complaints seems to be a common theme in the con reviews at FTI—the incentives are poorly aligned by corporate. For example, once after a stellar mid-year review I was told I was currently performing better than individuals at the position above me, but that I had to wait 9 months until April 1st when corporate approves all promotions together. Then, once you’re promoted, you have to wait your X number of years until you’re due up again … there’s really not much incentive to work hard in a non-promotion year since you’re not really working for a bonus (see below). Another time, after another year of great reviews, I was told “your market rate is probably $X, but corporate does not allow someone of your title to make that much, so we had to settle for $X - $7,000”… again, what kind of incentive is that to perform well if promotions and compensation are set by corporate in a pre-determined schedule and not completely merit-based?
    2) When you’re part of a corporation appeasing shareholders, there will always be some expense watching and profit sharing. Despite the fact that I was in a strong-performing group (FLC), there were other groups that were shrinking (Corp Fin, Tech), or constantly writing down millions in goodwill (Strat Comm). So when you hear your segment lead cheerleading “record revenue, record EBITDA, record growth!” quarter after quarter, don't expect to see that reflected in a record paycheck.
    3) This is not banking, do not expect much from your bonuses. Part of the bonus structure essentially pays you quarterly overtime based on utilization, but since that is largely out of your control, it rarely ever works out. I can’t tell you how many times I got boned working long hours for 10 straight weeks only to sit on the bench for the last 2 weeks of the quarter because the client was away on summer or Christmas vacation and I wound up with nothing. Also, little petty things, like they refused to pro-rate or pay my bonus when I left to get my MBA because I was not going to be at the firm the day the checks were paid.... even after I earned it working until midnight every night and flew cross-country for a client project for 10 weeks straight. The other portion—annual bonus—is an absolute joke if you’re below management-level… let’s just put it this way: the signing bonus I received as a 21-year college student wound up being the largest bonus of my 5+ year career at FTI.

    Overall, I would call the comp structure "reactionary"... your pay would usually lag the market or your value for a little while, and then their would be a correction to bring you back to about average.

    Advice to ManagementAdvice

    I can't really comment on the top-upper management (i.e. C-suite), because they're all brand new in 2014 and I haven't yet had time to observe them, but I would say try to fix some of these archaic corporate policies... other firms seem to adapt to the changing consulting environment so much quicker than us. For the mid-upper management (i.e. segment leaders), keep up the good work.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Excellent Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director of Business Development  in  New York, NY
    Current Employee - Director of Business Development in New York, NY

    I have been working at FTI Consulting full-time for more than a year

    Pros

    This is an excellent company to work for. The tasks are challenging, the people are terrific, and compensation is outstanding. Plus the external perception of FTI is positive.

    Cons

    Being in Times Square isn't the best.

    Advice to ManagementAdvice

    Keep up the great work!

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Contract Attorney  in  Miami, FL
    Current Employee - Contract Attorney in Miami, FL

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

    Pros

    Very accommodating and respectful management. Reasonable performance expectations. Above average pay.

    Cons

    Projects can end at a moment's notice

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Excellent company to work for!

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

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

    Pros

    Broad exposure to a variety of financial engagements, great management and tremendous career opportunities

    Cons

    Long hours, difficult work life balance.

    Recommends
    Neutral Outlook
    Approves of CEO
  6. 1 person found this helpful  

    A consulting firm with plenty of local and global clients and job opportunities.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director, Strategic Communications  in  Philadelphia, PA
    Former Employee - Director, Strategic Communications in Philadelphia, PA

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

    Pros

    Ability to work on multiple accounts across various industries.

    Cons

    Challenging to learn the other divisions.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Great Great company!company!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Capital Markets Intern  in  Chicago, IL
    Former Employee - Capital Markets Intern in Chicago, IL

    I worked at FTI Consulting full-time for less than a year

    Pros

    Great Culture, very inclusive of everybody, and they do a great job of taking into account everybody's needs.

    Cons

    Work can be slow and mundane at times;
    Favoritism amongst Senior Directors and Management is common

    Advice to ManagementAdvice

    Keep doing a great job!

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Great employer to work for as far as consulting

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director  in  Atlanta, GA
    Current Employee - Director in Atlanta, GA

    I have been working at FTI Consulting full-time for more than 8 years

    Pros

    Good work life balance
    Take care of there poeple

    Cons

    Upper managerment sometimes needs to listen a little more

    Advice to ManagementAdvice

    Listen to your people and follow through

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Employer of Choice

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

    I have been working at FTI Consulting full-time for more than 8 years

    Pros

    Great people, challenging and creative work, opportunity to grow career

    Cons

    Nothing to add at this time

    Advice to ManagementAdvice

    Nothing to add at this time

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great Place

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

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

    Pros

    People are wonderful to work with

    Cons

    DC can get hot in the summers!

    Recommends
    Positive Outlook
    Approves of CEO
  11. 2 people found this helpful  

    Limitless opportunities for those willing to seek them out

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

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

    Pros

    Lots of freedom and responsibility quite early on regardless of level and experience.
    Complex and challenging client problems on every project - SMD's do a good job of pushing team members to develop the solutions and present directly to the client.
    Very much a merit based culture and "work hard play hard" attitude amongst teams.
    Practice leaders understand what it takes to grow the business and are willing to invest in new service offerings and in team member development

    Cons

    Compensation appears fair and at market level but is not a transparent process
    Experience and culture can vary significantly by practice and office - not enough consistency globally.

    Advice to ManagementAdvice

    Come visit the core offices and make an effort to know your employees below the SMD level. Don't spend all your time in West Palm Beach.

    Recommends
    Positive Outlook
    Disapproves of CEO

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