BearingPoint

  www.bearingpoint.com
  www.bearingpoint.com

BearingPoint Reviews in Washington, DC

Updated October 1, 2014
Updated October 1, 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

130 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    "A good start to a career as an intern"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Intern in McLean, VA
    Former Employee - Intern in McLean, VA

    I worked at BearingPoint

    Pros

    The 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

    Cons

    Long 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 ManagementAdvice

    None

    No opinion of CEO
  2. 1 person found this helpful  

    BearingPoint ok place to work, needs improvement.

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

    I have been working at BearingPoint

    Pros

    Management 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.

    Cons

    Working 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 ManagementAdvice

    Retaining 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.

    Approves of CEO
  3.  

    Not for the feint of heart. Change - and opportunity - are in the air for those willing to take the plunge.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Business Consultant in McLean, VA
    Current Employee - Senior Business Consultant in McLean, VA

    I have been working at BearingPoint

    Pros

    As BE's a relatively young company, there are ample opportunities to help shape its internal and external direction. Leadership has been enthusiastic in its encouragement of employees at all levels to 'get involved' - in peer advising, mentoring, community volunteering, process improvement, and skill development programs. Despite BE's financial troubles, it's managed to recruit stellar talent and the engagement teams w/ whom I've work reflect passion, dedication and a diverse group of professionals ready to grow in their careers while making a difference. In short: the company will probably be bankrupt by week's end (mid Feburary), but it's got solid work across every major commercial and federal sector that's not going away. For those interested in taking the reigns and driving change, there are opportunities aplenty.

    Cons

    There's very little continuity across leadership in how Managing Directors (MDs) stay connected w/ their account teams (who, by nature of consulting, are on site w/ their clients). The result is that some accounts have clear cut transparency across initiatives and opportunities, while others risk becoming isolated/stove piped w/out much reach back to corporate BE.

    Advice to ManagementAdvice

    Create and employ better mechanisms to ensure continuity of account management across the MD teams - in new hire onboarding and introductions to the teams; in awards and recognition; in account-wide status updates; in broadcasting of mobility and career development opportunities.

    Recommends
    Approves of CEO
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  5.  

    Great lifestyle firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Consultant in Alexandria, VA
    Former Employee - Senior Consultant in Alexandria, VA

    I worked at BearingPoint

    Pros

    Good work gets recognized. Also, the company has a very flat hierarchy so lots of contact, mentoring from most MD's. Also, when my wife and I had our first child, the firm was terrific at making sure I had enough time away from projects to focus on family.

    Cons

    Can be difficult to move across projects. Projects tend to be of longer duration than at other firms (4 - 10 months typical). This makes it tough to build a broad base of experience unless you've spent significant time at the firm.
    Also, the commercial side of BE's consulting suffered serious damage when the company restated earnings a few years ago. As it stands, the public practice is really the only part of the firm that is considered competetive.

    Advice to ManagementAdvice

    Pay for MBA's. The company loses its best consultants every year to higher education. The industry standard is sponsorship for top-performers.

    Recommends
    No opinion of CEO
  6.  

    Good Place, Poor Financial Management

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

    I have been working at BearingPoint

    Pros

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

    Cons

    There 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 ManagementAdvice

    Senior 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.

    Doesn't Recommend
    No opinion of CEO
  7.  

    Give BearingPoint a chance!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Business Consultant in McLean, VA
    Current Employee - Senior Business Consultant in McLean, VA

    I have been working at BearingPoint

    Pros

    I 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.

    Cons

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

    Advice to ManagementAdvice

    Always take care of your people, particularly the ones you identify as your top performers

    Recommends
    Approves of CEO
  8.  

    Not bad, definitely could be worse.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Business Analyst in Alexandria, VA
    Current Employee - Senior Business Analyst in Alexandria, VA

    I have been working at BearingPoint

    Pros

    Not 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.

    Cons

    Company 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 ManagementAdvice

    Sr. 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.

    No opinion of CEO
  9.  

    BearingPoint review

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

    I have been working at BearingPoint

    Pros

    The 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.

    Cons

    The 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 ManagementAdvice

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

    Recommends
    Disapproves of CEO
  10. 1 person found this helpful  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Consultant in McLean, VA
    Former Employee - Consultant in McLean, VA

    I worked at BearingPoint

    Pros

    Back 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.

    Cons

    Upper 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 ManagementAdvice

    Stop 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.

    Doesn't Recommend
    No opinion of CEO
  11. 2 people found this helpful  

    BE is just OK.

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

    I have been working at BearingPoint

    Pros

    BearingPoint was a great place when I first started. The main reason I selected BE is because in the unstable, competitive world of government contracting BearingPoint retained their valuable employees to reallocate them to other opportunities. The resource management department was committed to finding new homes for unutilized employees (being on the bench). “Benched” employees would have ample time to get reassigned. Unfortunately, being on the bench these days for more than 2 weeks results in a pink slip. This ,of course, is if one doesn't have friends in higher places.

    Cons

    BearingPoint seems to be a good old boys club. Promotions and raises are not based on merit, but popularity. Training dollars are scarce. BE does not offer a tuition or student loan repayment benefit. Annual review time is coming up very shortly and can bet that lack of promotion/bonuses will be blamed on the ecomony. This might be easier to swallow if they had not reported record bookings for Public Services this year.

    Advice to ManagementAdvice

    Sr. Management needs to be plugged in to what is going on with their worker-bees.

    No opinion of CEO

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