BearingPoint

  www.bearingpoint.com
  www.bearingpoint.com

BearingPoint Reviews in Chicago, IL

Updated August 14, 2014
Updated August 14, 2014
436 Reviews
3.7
436 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BearingPoint Managing Partner Peter Mockler
Peter Mockler
34 Ratings

Review Highlights

Pros
  • Work/life balance probably a bit better than competitors (in 45 reviews)

  • Really great place to start consulting career (in 19 reviews)


Cons
  • Poor senior management (probably the reason went bankrupt); territorial attitudes of managing directors (in 27 reviews)

  • Compensations, trainings and work-life balance depends on your boss and not from your personal qualities (in 12 reviews)

More Highlights

24 Employee Reviews Back to all reviews

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  1.  

    Bankruptcy was a tough blow on a good company

    Current Employee - Management Consulting Senior Manager in Chicago, IL
    Current Employee - Management Consulting Senior Manager in Chicago, IL

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

    Pros

    Very talented consultants
    Seemed to hire the best and brightest
    Well experienced folks in the upper levels
    Great support on large projects

    Cons

    Tough to get promoted
    Travel was hugely inconsistent
    Internal support was limited on smaller projects

  2. 2 people found this helpful  

    Fatal spin off from KPMG

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

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

    Pros

    Because of KPMG's solid reputation, BearingPoint didn't have to prove itself as a viable vendor to buyers of Management Consulting services and Systems Integration services. Entrepreneurial culture allowed for, and supported, development of new service offerings.

    Cons

    BearingPoint executives failed to understand that, by going public, the financial performance expectations/demands of Wall Street would be significantly different from the financial performance expectations of Partners. Horrible internal systems prevented reliable monitoring of financial performance at all levels - from the individual project level to the overall firm level.

    Advice to ManagementAdvice

    BearingPoint went bankrupt so there's no one to give advice to.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    Good Place to Work

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

    I have been working at BearingPoint full-time (more than 3 years)

    Pros

    Smart People
    Fun Team
    Good Clients
    Entrepreneurial

    Cons

    Some leaders were not the best

    Recommends
    Negative Outlook
    No opinion of CEO
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  5.  

    Great people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Manager in Chicago, IL
    Former Employee - Senior Manager in Chicago, IL

    I worked at BearingPoint

    Pros

    Bright people with strong technology aptitude, broad clients base. A lot of repeat business. Significant success with government contracts and processes

    Cons

    Company going bankrupt . Difficult to be successful, though some practices extended their business through the period. Management team did not properly handle aspects of being a public company.

    Advice to ManagementAdvice

    Management should not have taken the company public. It caused significant costs and distractions, then the ultimate break up of the firm.

    No opinion of CEO
  6.  

    aggressive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Manager in Chicago, IL
    Former Employee - Manager in Chicago, IL

    I worked at BearingPoint

    Pros

    paid well but very disjointed

    Cons

    long consulting hours impacts life balance

    Advice to ManagementAdvice

    too late as i am gone

    No opinion of CEO
  7.  

    BearingPoint was a great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Management Consulting Manager in Chicago, IL
    Former Employee - Management Consulting Manager in Chicago, IL

    I worked at BearingPoint

    Pros

    The opportunities for personal development were great.

    Cons

    BearingPoint is not in business anymore

    Advice to ManagementAdvice

    Not applicable.

    Doesn't Recommend
    No opinion of CEO
  8.  

    Overall Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Healthcare Consultant in Chicago, IL
    Former Employee - Healthcare Consultant in Chicago, IL

    I worked at BearingPoint

    Pros

    It was a big company with name recognition within the industry.

    Cons

    When the bankruptcy process started, communication as expected was very limited and guarded. The whole process of splitting up the last remaining contracts took an arduously long time and we were often kept in the dark about what was actually happening. Questions and concerns piled up and it was generally not a very pleasant place to work during this time. However, my first two years before this were full of responsibility and new work opportunities. I do believe the upper management could've done a way better job of selling business services and furthering current contracts.

    Advice to ManagementAdvice

    Better Communication.
    More advancement opportunities needed.
    Better selling methods

    Doesn't Recommend
    Disapproves of CEO
  9.  

    Great Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Business Analyst in Chicago, IL
    Former Employee - Business Analyst in Chicago, IL

    I worked at BearingPoint

    Pros

    Great Benefits, Top Manangement Team, wonderful networking ops & many locations.

    The company invest a lot of time and work into employees to ensure you are top notch for the field.

    Cons

    Currently out of business. Has sold many pieces of the company to vairous competietors.

    My division has been sold to a major Consulting Firm.

    Advice to ManagementAdvice

    Improve on the back end of the business. I really loved my new company but due to mis-management different divisions were sold to other companies.

    Recommends
    Approves of CEO
  10.  

    In its death throes in the US.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Technology Consulting Senior Manager in Chicago, IL
    Current Employee - Technology Consulting Senior Manager in Chicago, IL

    I have been working at BearingPoint

    Pros

    BearingPoint continues to go strong in the rest of the world and has some top-notch talent, especially in ERP consulting.

    Cons

    US business is in bankruptcy and its being sold off in chunks, due to the monstrous debt management racked up in an acquision spree several years ago.

    Advice to ManagementAdvice

    Advice to management of other consultancies - dreaming big is fine, but make darn sure you don't overstep what is a legitimate reality.

    Doesn't Recommend
    Disapproves of CEO
  11.  

    It's been a while, but I have great respect and great memories from my time at Bearingpoint.

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

    I have been working at BearingPoint

    Pros

    Surrounded by intelligent people. Every project (indeed, every day) is different and intellectually challenging. The pay is good, but you have to negotiate it--better to do at hiring time, and not at annual review time.

    Cons

    100% travel is demanding--even for a bachelor/bachelorette. I consulted for manufacturing clients, so the locations were less than desirable, and sometimes geographically remote (i.e., connecting flights). Staring at computer monitors for 10 hours a day is physically and mentally destructive.

    Advice to ManagementAdvice

    Less selfishness, and more forthrightness with your employees, behooves everyone and helps along long-term viability and morale. More generous stock option and 401(k) programs wouldn't hurt either.

    Recommends
    No opinion of CEO

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