FTI Consulting Jobs & Careers in Washington, DC

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30+ days ago

Managing Director, Aerospace, Defense & Government Contracting

FTI Consulting Washington, DC

FTI s Corporate Finance Practice provides operational consulting services focused on corporate strategy, profitability improvement and merger… Ivy Exec


30+ days ago

Managing Director, Digital and Social Media - Strategic Communications Practice

FTI Consulting Washington, DC

FTI Consulting s Strategic Communications practice is looking for a highly experienced strategist and practitioner to lead the firm s digital and… Ivy Exec


30+ days ago

Senior Consultant, Bank Regulatory Compliance

FTI Consulting Washington, DC

FTI is looking for banking professionals with 2-6 years of bank regulatory experience, ideally with a bank regulatory agency, Big 4 firm, or other… Ivy Exec


30+ days ago

Consultant, Forensic Accounting & Advisory Services

FTI Consulting Washington, DC

FTI is looking for CPA s with 2 years of public accounting experience (preferably a Big 4 background). As a Consultant, you will be responsible for… Ivy Exec


30+ days ago

IT Recruiter / Technical Recruiter

FTI Consulting Washington, DC

s ensuring consistent practicesWork with group lead and hiring manager to ensure approvals are gained for opening requisitions and extending… Ivy Exec


30+ days ago

Business Development Director, Technology Segment/eDiscovery

FTI Consulting Washington, DC

FTI is hiring a Sales/ Business Development Director for its Technology Segment, which focuses on electronic discovery and document review… Ivy Exec


30+ days ago

Senior Consultant, Financial and Enterprise Data Analytics

FTI Consulting Washington, DC

A Senior Consultant - Financial and Enterprise Data Analytics is responsible for providing accounting, economic and financial related consulting… Ivy Exec


30+ days ago

eDiscovery Senior Consultant/Director - Ringtail

FTI Consulting Washington, DC

This Director position is a part of FTI Consulting s Technology Consulting Services team which includes Ringtail. Ringtail is FTI s flagship… Ivy Exec


30+ days ago

Senior Director, Forensic Accounting & Advisory Services

FTI Consulting Washington, DC

The Forensic and Litigation Consulting segment is currently looking for a CPA with 6-8 years of public accounting/auditing experience (preferably a… Ivy Exec


30+ days ago

Manager / Director, Strategy and Transformation

FTI Consulting Washington, DC

This is a unique opportunity to be in the center of a major transformation of a ~$2B company, with tremendous opportunity for growth and upside… Ivy Exec


FTI Consulting Reviews

198 Reviews
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198 Reviews
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FTI Consulting President & CEO Steven H. Gunby
Steven H. Gunby
13 Ratings
  1. 2 people 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 (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.

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