Deloitte

www.deloitte.com
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Great resume booster

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Tax Senior Associate in Portland, OR
Current Employee - Tax Senior Associate in Portland, OR

I have been working at Deloitte

Pros

- High potential for learning tax technical skills
- Exposure to large companies in need of sophisticated tax planning
- Strong name for resume
- Great networking contacts

Cons

- Pay is not commensurate with opportunties at other companies/firms, especially when number of hours are factored in

Advice to ManagementAdvice

- Leadership at Deloitte tends to be fairly strong; however, retention is difficult due to long hours and pay that is not competitive

Recommends
Approves of CEO

7447 Other Employee Reviews for Deloitte (View Most Recent)

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  1.  

    Audit Senior - FSI - Real Estate and Private Equity

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

    I have been working at Deloitte

    Pros

    Tremendous learning opportunity. The experience is invaluable. Can gain exposure to the inner workings of many top notch firms - depending upon the clients you work on. The resources available in such a large firm is limitless. Highly advanced in the utilization of technology. The Chief Technology officer does a good job! You always have a Counselor thoughout the life of the firm - even Partners. Opportunity exists (though it depends upon who you know) to change offices, and work on international assignments (mostly once you've become a manager). Many opportunities to learn, via in-class style or online. Deloitte really emphasizes training. Within a year or so, they will soon open up their own 20million dollar Deloitte University in Texas - solely for the purposes of training. Barry Salzberg - the US CEO is an awesome down-to-earth guy, and a great leader. (and I'm not just saying that, you'll realize when you read the cons section below). (I've never met the Global CEO - Jim Quigley to state an opinion)

    Cons

    You really have to work hard to separate yourself from your class pool. Its so often about who you know rather than how smart you are. The ratings process (scorecards) is not an ideal system. Plenty of average people go up the ladder and are rated well simply because they are liked or get along with their respective manager/partners. You have to constantly learn to sell and market yourself. Engagement experiences vary tremendously depending upon the team you work with and the client you serve. Its very easy to get burned out. Its crucial that you have a good Counselor that will stick up for you during the year-end meetings in which your you are compared to your respective class (all the peers at your level) (everyone is assigned a Counselor, and you always have a Counselor - even Partners). You really have to be the type of person that gets along with different personalities. So many average first-years are hiered and makes you wonder "who the hell interviewed them?". You will learn the hard way that intelligence alone is not enough - you have to be well liked by people who have the voice to stick up for you. It pointless to be well-liked by people who won't stick up for you during the crucial times (year-end ratings). The scheduling process by which you are put on an engagment is not the most ideal. The Schedulers have no clue whether you've been working 80 hour weeks on one engagment so they have no problem scheduling you on another difficult client/team. Somtime you just want a day or two to sit in the office and be unassigned. All they are trying to do is make sure that everyone is fully utilized and have the least amount of unassigned time as possible. Its a nerve-wrecking feeling when you are unassigned - because you're scared of suddley being picked up.

    Advice to ManagementAdvice

    Implement 360 degree feedbacks in the scorecards like Goldman Sachs. This means that staff rate their Seniors, Seniors rate their Mangers and Mangers also rate their Partners, instead of only in the other direction.

    Recommends
    Approves of CEO
  2.  

    Audit Intern Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Audit Intern in Chicago, IL
    Former Employee - Audit Intern in Chicago, IL

    I worked at Deloitte

    Pros

    Very diversified and open to various schools of thought. As an audit intern, you work great hours and are able to experience big name clients if you're lucky, but they are very accommodating to your needs and interests.

    Cons

    Road to advancement seems unlikely seeing that it could take 20 years to move up to partner. Experience as an intern can vary greatly - can either get lots of great exposure to different clients or industries or could get nothing but meetings and grunt work

    Advice to ManagementAdvice

    The internship program was great in that it allowed everyone to come together and work together as an intern class.

    Recommends
    No opinion of CEO
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