BearingPoint
3.1 of 5 429 reviews
www.bearingpoint.com Vienna, Austria 5000+ Employees

BearingPoint Reviews in Washington, DC

Updated Jul 8, 2014
BearingPoint – Moscow – “Business center legion”

All Employees Current Employees Only

3.0 129 reviews

                             

100% Approve of the CEO

BearingPoint Managing Partner Peter Mockler

Peter Mockler

(2 ratings)

43% of employees recommend this company to a friend
129 Employee Reviews Back to all reviews
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    Good Place, Poor Financial Management

    Senior Business Consultant (Current Employee)
    Washington, DC

    ProsBE offers very competitive pay and a good work/life balance.

    ConsThere have been numerous financial errors in the past that have the led BE to file for Chapter 11, thereby leaving the company's future in doubt.

    Advice to Senior ManagementSenior Management needs to be as transparent as possible to its employees as it goes through its financial restructuring to limit the amount of attrition that is expected due to the Chapter 11 filing.

    No, I would not recommend this company to a friend

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    Give BearingPoint a chance!

    Senior Business Consultant (Current Employee)
    McLean, VA

    ProsI have found that the people here are the company's best assets. They are highly skilled and very bright. We bid and win fantastic projects with fantastic clients who love our work. The alliances the company has made for training programs are a great way to gain solid consulting experience. The company is huge on forward motion in your career track so if you work hard and meet your goals, promotions can and should be expected.

    ConsIts reputation makes it difficult for people to understand why good consultants would stick around

    Advice to Senior ManagementAlways take care of your people, particularly the ones you identify as your top performers

    Yes, I would recommend this company to a friend

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    He is areally honest, straightforward guy.

    Senior Business Consultant (Current Employee)
    Washington, DC

    ProsOpportunity, flexibility, work-life balance, and client satisfaction.

    ConsChapter 11 is a really frightening reality.

    Advice to Senior ManagementKeep moving the company in the right direction. The plan to get out of Chapter 11 seems really workable. Advice: Communicate, communicate, communicate.

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    "A good start to a career as an intern"

    Intern (Former Employee)
    McLean, VA

    ProsThe training is typically good for the department you work for. As an Intern, a week's worth of training. The employee's and manager's were generally friendly and willing to help you with the work that you need to be done. If you get the opportunity to work with senior management take advantage because the corporation is large and sometimes the opportunities are not always there. overall a good place to start an internship

    ConsLong hours. As an intern, I worked from 8-7 sometimes later. Not everyone is willing to stay late hours and sometimes the stress of the job can be a little overwhelming.

    Advice to Senior ManagementNone

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    BearingPoint ok place to work, needs improvement.

    Business Consultant (Current Employee)
    Washington, DC

    ProsManagement provides opportunity for employees to handle their own business. Management provided opportunity to work from home without much hassle. Training and certification opportunities continue to be available, for example: Lean Six Sigma training, Project Management Professional certification training. The web-based Learning Management System is robust and easily accessible. Management has been very good about articulating the recent shift into bankruptcy. The current financial situation in the company should set the stage for a stronger company when BearingPoint emerges from bankruptcy. The debt situation has been a dark cloud hanging over the company for a long time and once that is lifted there should be more money and resources available to employees and the company as a whole.

    ConsWorking on a staff augment project is not recommended. Promotions/raises only happen once a year and occur in February/March time-frame vs. end of year. 2008 bonuses also not announced until March of 2009, to be paid sometime in the summer of 2009. The sectors are very insular, each doing things their own way and not providing much opportunity to move to a new sector. If you start in Public Services, you can plan on being a Public Services consultant for a long time. In general, the life of a consultant is not recommended for individuals who like decision making. As a consultant your job is to provide recommendations and insight that can either be implemented or ignored depending on the mood of the client. Think of it as having all of the responsibility for success, but none of the authority to make it happen.

    Advice to Senior ManagementRetaining personnel in a company that is in bankruptcy means being willing to pay decent raises and timely bonuses. Promotions should also come more readily due to the once a year opportunity.

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    Too little, too late. Leave while you can. The structural problems preceded any of the current senior management team.

    Consultant (Former Employee)
    McLean, VA

    ProsBack before the 30% churn rate there were opportunities to work alongside and learn from some of the industry's brightest consultants. Start salaries can be pretty good for those being recruited straight out of college with little prior professional experience.

    ConsUpper management is very concerned with "keeping up appearances" and trying to recoup from previous/current accounting blunders. DCAA violations and previous problems with clients have led to some unreasonable expectations regarding overtime, compensation standards, and off time between projects. My group habitually worked a seven day work week, but because of prior DCAA violations even if a project closed or cycled down at mid-week were required to take vacation days to be off on any day other than Saturday and Sunday. We worked eight weeks straight, seven days a week and I was told to enter four hours of vacation for a doctor's appointment.

    Mid level and Senior Consultant salaries may not be as competitive as those offered by similar sized consulting entities. See above regarding vacation time. Should you be fortunate to receive one of the often rumored, but rarely seen BE bonuses, do not mention the dollar amount to your consultant friends at other firms: you will be embarrassed. At the time of my exit these one or two percent spiffs were being offered instead of even a basic cost of living increase. You will have to achieve a "consistently exceeds expectations" (a knowledge of alchemy would be very helpful in this endeavor) to even hope for such. Managing Directors have been instructed to limit anything above a Meets Expectations to the majority of staff (I forget the figure 2-5%?). Lesson: Negotiate your start salary well as it is likely all you will have during your tenure.

    Advice to Senior ManagementStop being reactive, it's a sure road to failure. Be honest with you creditors about the previously reported profits and throw yourself on their mercy. Start valuing your consultants. They will and do leave when not fairly compensated and robbed of anything approaching work life balance. Quit cooking your billing.

    No, I would not recommend this company to a friend

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    Not bad, definitely could be worse.

    Senior Business Analyst (Current Employee)
    Alexandria, VA

    ProsNot a big corporate machine. Good work usually gets you noticed. I have worked for BearingPoint for 2 years and have gotten commended when doing a good job. There is also a good mix of business consulting which isn't always easy to find, especially strategy work for a younger employee.

    ConsCompany is in turmoil. Uncertainty about the company's future. Sincy the company financials have been such a disaster, sometimes you wonder if when you come to work you'll find out that you work for someone else. Also it is embarrasing for clients to look at our financial performance or articles online and then ask questions.

    Advice to Senior ManagementSr. Management needs to be more open and honest about the situations at hand. I know they can only say so much but everything can't be great all the time like they make it out to be.

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    BearingPoint review

    Technology Consulting Manager (Current Employee)
    Washington, DC

    ProsThe best reasons for working for BearingPoint are leadership opportunities and chances to advance in your career. There are lots of opportunities for growth for individuals in the company based on your performance.

    ConsThe biggest downside for working for BearingPoint right now is the current financial state of the company. The overall stability leaves a lot of questions about the future of the company.

    Advice to Senior ManagementSenior Management should give better information regarding the future of the company and what the short and long term plans are for the company.

    Yes, I would recommend this company to a friend

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    do you hold a clearance?

    Senior Consultant (Current Employee)
    Washington, DC

    Proswork opportunites if you hold a clearance are interesting and ample. lots of contracts with true consulting work, rather than the staff aug stuff that i've experienced at other consulting compaines. there are a lot of opportunites with intel, Dod and law clients.
    the people are also great. lots of seasoned consultants with previous work experience, making it a place to share knowledge and work with people who are you equals.
    every project that i've worked on has appreciated that people need a work/life balance. flex schedules are available and management is ver receptive to letting you take time off when you need it.

    Consthe current reputation is a hinderance.

    Advice to Senior Managementnone

    Yes, I would recommend this company to a friend

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    BearingPoint, pretty good place to start out, but don't stick around too long.

    Business Consultant (Current Employee)
    McLean, VA

    ProsOpportunity for junior people to develop themselves. BearingPoint give young people opportunity early on. We do work that is less specialized and therefore less profitable than the typical consulting firm. A lot of what we do is staff support work, but this work is the type that you can give to junior members to complete without too much supervision.

    ConsWe have a stigma based on a low stock price that pervades the culture. We constantly work hard to grow work, produce more profits and are constantly told we must cut back. US Public Services is highly profitable, but other areas of the business are having trouble.

    Advice to Senior ManagementFocus more on promoting based on producing results, rather than knowledge.

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Glassdoor is your free inside look at BearingPoint reviews and ratings in Washington, DC — including employee satisfaction and approval rating for BearingPoint CEO Peter Mockler . All 129 reviews posted anonymously by BearingPoint employees.