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 Senior Management

Better Communication.
More advancement opportunities needed.
Better selling methods

Pros

- Consulting projects with many of the Fortune 500 companies
- Fellow "on the ground" consultant were a great group of people (intelligent, hardworking, fun to travel with)
- You will learn a lot

Cons

- Senior SENIOR management has no idea what they're doing with the firm. More often than not, it seems as though our strategic plan is to "copy Accenture" yet we have yet to decipher what they're good at and how that could possibly translate to benefits for our organization
- The promotion and bonus process is clandestine and down-right silly. You'll be told you're doing an excellent job by management, they'll tell you that you have earned an EE (Exceeds Expectations) or SE (Super Exceeds Expectations) but you will be rated as ME (Meets Expectations) because all EE's and SE's have to receive a certain bonus...which they really can't afford to give out.

Advice to Senior Management

For those interested in pursuing opportunities with former BearingPoint partners and Senior Managers now at PWC and Deloitte, I'd suggest going for it. Those who are responsible for client satisifcation are competent and enjoyable to work with. The bankruptcy and subsequent sale of the company rid the company of the horrible senior manager that was plaguing growth and direction. With the management structure of PWC and Deloitte, I believe the combination of BearingPoint talent and PWC/Deloitte management make for a great working environment, under a name that people are actually familiar with "huh, what's BearingPoint? Oooh, formerly KPMG consulting, got it!".

Pros

BearingPoint is famous accounting based consulting company. The company has various job to be assigned. We have many opportunities to work.

Cons

BearingPoint is close to be merged. Once merged, I think we may lose our good position to work. Current good team may break...

Advice to Senior Management

You should close your G/L correctly. If you can not close, we must lose our position in the business market.

Pros

Predominantly Federal Government contracts - which means that employees enjoy greater stability and work / life balance and minimal travel (if residing in the Washington DC metro area).

Cons

Predominantly Federal Government and small sized contracts - which means that profitability of the firm is low. As a result, the ability of the firm to raise compensation is very limited.

Advice to Senior Management

Invest on technology and management solutions and their marketing to government and commercial clients. Otherwise, there is no way to position the firm as a premier technology services provider on the long run.

Pros

Well, while the firm existed, they had a fairly good go-to-market strategy and were successful at winning work. They will be missed.

Cons

The firm was constantly having financial difficulities, which made bonus pay non-existent. They also had unstructured compensation bands and easy promotional policies. So, unqualified people had inflated job titles

Advice to Senior Management

My advice is, you are now onto better pastures. Many of us are now at other consulting firms, while some have chosen a different path in life. It was fun while it lasted.

Pros

I enjoyed my engagement and the people I worked with. I experienced good opportunities for advancement and increased responsibility and was adequately recognized for my achievements.

Cons

The compensation was poor and overall the company is not doing well financially. However, my sector (Public Services) was doing well.

Advice to Senior Management

BearingPoint suffered financially, but I feel that senior leadership did the best they could to lead the company. I was overall happy with my stay at BearingPoint. Will miss you BE!

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 Senior Management

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.

Pros

Opportunity to work on different engagements and learn different systems, although most engagements in financial services are short-term, often lasting only a few months.

Cons

No work-life balance, most partners have stay-at-home wives so no appreciation and accommodation for career women, lots of travel, lack of career growth.

Advice to Senior Management

Treat employees like people, not machines.

Pros

BearingPoint was a good company to work for to gain consulting experience. It also looked very good on a resume.

Cons

As with any large company, it depended on where within the company you worked. At BearingPoint, I worked for a great group, but have very limited room for growth/advancement.

Advice to Senior Management

There needs to be less artificial roadblocks to advancement within the company. Understood that the company wasn't doing well, so there was little ability to promote.

Pros

Most team-mates are friendly and down-to-earth
Strong work ethic
Global presence
Top-tier clients
Significant intellectual property and qualifications globally (helps in winning new work)

Cons

Global "parent" restricted bonus pools (until recent changes)
Desired engagements can be difficult to get onto unless you know the Engagement Manager
Communication between teams can be lacking (highly siloed solution groups)

Advice to Senior Management

Corporate vision & strategy needs to be communicated more clearly down the chain
Staff reviews and recognition needs to be more personal