BearingPoint

  www.bearingpoint.com
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No Longer a good place to work

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Senior Consultant  in  San Francisco, CA
Current Employee - Senior Consultant in San Francisco, CA

Pros

The work is good. Most of the time the people you work with are great folks committed to their work. The projects are mostly very good. New implementations are available to work for. Maintenance projects are not that many in number. My experience working with my MD was great.

Cons

Company is not doing great. Stock is at its worst ever. Everyone is worried about what happens next. Most people who are not on projects have been laid off. Employee morale is at its lowest ever. Most people who are still working here are now here because of Visa issues or because they cannot find a job elsewhere.

Advice to ManagementAdvice

Communicate about the problems and keep employees informed.

Doesn't Recommend
No opinion of CEO

Other reviews for BearingPoint

  1. 1 person found this helpful  

    An unknown jewel in the management and IT consulting landscape

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Manager  in  San Jose, CA
    Current Employee - Manager in San Jose, CA

    Pros

    Consulting is, as a general rule of thumb, a tough profession in which success is achieved, primarily, through personal effectiveness. Long hours, terrible travel schedule, office politics, overly zealous focus on chargeability, and other issues are rarely mitigated by the work diversity, good pay, and the relationship capital typically built over several years of consulting. That being said, BearingPoint is an awesome place to begin or mature into ones career. Over the years, I have greatly enjoyed my projects, colleagues, work-life balance, pay, and overall growth in business and technology exposure afforded me. At a macro level, all consulting firms have "issues", and BearingPoint is no different. But I think the pros far outweigh the cons, and I would have no problem recommending BearingPoint to anyone as a place where you can truly do some of the best work of your career. The structure is in place, the opportunities are afforded, and the people are encouraging. All it takes is initiative, personal effectiveness, leadership, and, of course, a desire to succeed. If you have these qualities in your work ethos, you WILL do very well at BearingPoint.

    Cons

    Base salary is pretty good, but unfortunately, that's the extent of compensation. Bonuses do not trickle down, and only a small percentage of the highest performers (usually, those with great sales metrics) succeed in getting bonuses. Also, the health benefits are getting to be expensive. However, one of the greatest perks of this firm is it's vacation allotment -- a whopping 25 days starting off! Other issues, such as long hours, travel, etc. are part and parcel of all consulting companies, not just BearingPoint. I have found, though, that management is super sensitive to personal needs and always seem to respond to special needs during projects and appear to routinely work towards the needs of employees and clients.

    Advice to ManagementAdvice

    Given all the financial turmoil on the accounting side of the firm, Senior Management appears to be introspective around how to fix many problems facing the firm (and all firms, for that matter). The management has already taken a number of steps to identify areas for improvement and is actively looking to solve the high priority ones. This is very encouraging. Retention is a big problem with all consulting firms, but it seems even higher at BearingPoint. No doubt, part of the reason for that is the perceived financial instability of the firm. In addition to fixing those accounting and balance sheet problems, the company needs to manage the negative perception around the company right now. It is undeserved, but it does affect the company's ability to retain top talent and attract long-term clients.

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

    Great to place for mid level careers

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

    Pros

    As with other big consulting companies , Bearingpoint provides great opportunities to choose from based on one's commitment levels

    Cons

    Work culture is not uniform across the organisation and also pay range for a given skill sets , experience level , role varies much.

    Advice to ManagementAdvice

    Keep up the good work

    Recommends
    Approves of CEO
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