Deloitte

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Great Compensation, be Prepared to Live for your Job

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Associate  in  McLean, VA
Current Employee - Associate in McLean, VA

I have been working at Deloitte full-time for more than 3 years

Pros

Deloitte is a great place to work for compensation, benefits, and a rich culture. Compensation is fair and each year you get a small raise and incentive bonus if you have a decent review.

Cons

Deloitte spends alot of energy TALKING about work/life balance, but it really isn't a true priority for all the talk time it gets. I base that on the following:
1. As an associate 7, you will be expected to perform at the same utilization level as non-management levels below you that do NOT have non-charge management tasks. The performance management process at Deloitte is an overload on its managers. Instead of having the direct supervisors submit their evaluations, and HR consolidate them, Managers from other teams are expected to do this twice a year. Its like having a system with "double entry" in alot of cases, since a great number of associates only work on 1 project/year. Additionally, these same evaluators are expected to provide career counseling to employees that are not on their team or even in many cases in the same type of project.
2. Deloitte has a Mass Career Customizaiton (MCC) profile that is supposed to be used to dial up or dial down workload (with the appropriate adjustments in salary based on reduced hours (sorry no increased salary for increased hours...lol!). The problem is, no one can "dial down" their non-chargeable hours without dialing down their chargeable hours. For someone that just dosn't want to do the "extra" work, there's no option except reducing client time too.
3. Deloitte gives you a generous 6 weeks of leave each year (at management levels) then proceeds to tell you they don't expect you to take it. They expect you to operate at 90% utilization, which is IMPOSSIBLE to hit if you take all of your yearly PTO and Holidays. If you don't use it, you lose it, so basically they have cut your vacation.
Deloitte has eliminated training and learning hours requirements from the Associate model - What message does this send to the Associates?

Advice to ManagementAdvice

1. For the associate level, a re-look is needed for the performance management process. It takes WAY too long to get actionable feedback to the employee. By the time they get feedback for mid-year, the next review period for year-end is starting!! The answer is NOT in shortening the cycle by making people do more in less time. The answer lies in cutting through the red tape! For employees that are on ONE long term project, their feedback providers on the project should conduct performance evaluations, rather than having another non-involved employee sift through and reguritate their comments. A career counselor role should NOT be an evaluator role. The dual-nature is bogus, you can't help but care about people you have counseled when evaluating them.
2. On the topic of Performance Management - how about some common sense in the completion of the forms? The employee being evaluated is NOT going to hound my evaluator to complete their form. That's just not reasonable. That's asking the staff to manage their manager! The resposibility for meeting deadlines should be assigned to each step in the process. If the self-evaluation was submitted on time, then HR (not the employee) should be sending nasty-grams to the EVALUATOR and holding THEM accountable for the late PE or DPM form. Capture the submission times at each step in the workflow and dish out the accountability as appropriate!
3. MCC should allow you to "dial down" non-charge hours if needed. Why cut your active revenue just because someone needs a short term dial down to "future revenue efforts"? Realizing that SOMEONE has to sell stuff, counsel employees etc., it is reasonable to put a limit on how long you can choose to dial this down, but making your employees choose part time just to get some work-life balance when they are perfectly willing to put in 40 hours at a client is just short-sited!
4. The associate model feels like a temp job at Deloitte. Most Sr. Deloitte people encountered in the first 6 months of employment will advise others to "get out of the Associate Model" as soon as they can. Basically, if your project ends, in alot of cases so does your career at Deloitte. Work on cross training associates to move them around. We should ALL be considered "center associates" and be trained to support more than one Deloitte project!
5. Pay people for their lost vacation time. You will see utilization go up in a hurry. Personal time is part of the employees compensation and no one likes to lose money year after year. The status quo makes employees choose between losing vacation time or hitting their targets, especially if the employee is not able to work over a 40 hour week on their project.
6. Keep the 90% utilization, but base it on a realistic expectation. Holidays should not count against utilization. They are NOT workable hours; in most cases not even for the clients we serve. If you are not going to reimburse for vacation hours lost, then PTO should not count either. If you really care about work-life balance, this is the only FAIR way to calculate Utilization, regardless of paying out the unused leave or not.

Doesn't Recommend
Positive Outlook
No opinion of CEO

Other Reviews for Deloitte

  1.  

    Great company with great culture and benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager  in  New York, NY
    Current Employee - Senior Manager in New York, NY

    I have been working at Deloitte full-time for more than 8 years

    Pros

    The people and changing work

    Cons

    It's becoming a large company

  2.  

    Big 4

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

    I have been working at Deloitte full-time for less than a year

    Pros

    great learning opportunities at the firm

    Cons

    provides limited work life balance

    Advice to ManagementAdvice

    get promoted faster than industry

    Recommends
    Positive Outlook
    No opinion of CEO
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