126 Employee Reviews (View Most Recent)

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All said n done - a good place to be

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Analyst
Current Employee - Analyst

I have been working at Duff & Phelps

Pros

- smart and motivated colleagues
- wide variety of work, which keeps things interesting
- good starting point for a career
- generally friendly employees who want to help each other (non-competitive)

Cons

- "silo" structure of office creates tension btwn offices/groups
- exec management claims comp is on par with competition but no word on who these "comps" are (I.e. Big 4, management consulting firms, i-banks, other valuation firms, etc?)

Advice to ManagementAdvice

- increase transparency of decisions to employees
- spend some time fully thinking out decisions that affect entire firm (e.g. recent branding efforts)

Disapproves of CEO

Other Reviews for Duff & Phelps

  1. 4 people found this helpful  

    D&P 101 - Know the good, bad, ugly before you sign on and keep your expectations in check.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Duff & Phelps

    Pros

    Surrounded by very intelligent people with great experiences and backgrounds. Managing directors are highly skilled and know their respective industries in and out. There is opportunity to work on many types of engagements and get exposure to various industries. Everybody works hard, from Managing Directors down to the Analysts. You will find yourself working late with your managers versus other places where a manager might clock out and leave a pile of work to finish. There is a great deal to learn and many experiences are valuable and will increase your technical knowledge, excel modeling, time management skills, and ability to work under pressure. If you work hard and get noticed, you will move up in the organization.

    Cons

    - The workload, experience, and opportunity for advancement will drastically differ based on what group you work in and what managers you are exposed to.
    - There isn't a set staffing method for new projects where people get an opportunity to work with everybody and experience new people. Their is a patronage system where some will gain more exposure than others, and it is difficult to break the cycle. These things are out of the employees hand, and can have an impact on compensation, movement in the organization, and tenure with the company.
    - Expect to spend a minimum of around 50 hrs/week in the office
    - Expect to work many weekends and "OT"
    - Expect to receive disproportionate (could mean less than what you expect, in bad times nothing or preserving your job) compensation for the extra time. It is simply part of the job on the junior levels, (analyst & seniors). The compensation packages for the firm are disproportionately top heavy.
    - VPs are generally overworked in comparison to peer companies.
    - Year end bonuses are highly subjective and unclear. There is no automatic bonus for meeting company profitability goals on an individual basis.
    - There is a flawed feedback system as a whole. On top of that there are some managers that may not inform you of deficiencies to work on, and instead of fostering growth in an individual the manager will move on to a new or established person for help. The lack of 360 reviews keeps this cycle going
    - In an up market, many of the "good" people in the organization leave due to the frustrations and inertia associated with the company. Many of which came about once the firm went public and the shareholders supersede the welfare and happiness of firm's only resource, its people.

    Advice to ManagementAdvice

    Many of the firm's employees problem deals with compensation. The majority of employees at the company are very intelligent, proud people and put in the extra effort for clients and the firm everyday only to be let down later. Let downs lead to top talent exiting the firm, and while it may not be the Managing Directors that depart, it is the potential future Managing Directors - the Directors, VPs, Seniors, Analysts that leave. Though the top leadership may be aware of this and not care, it is short sighted thinking, and will continually hurt the firm in the long run. It is the executive management's job to create a successful, rewarding business model and change it if it is not working properly.

    Disapproves of CEO
  2. 1 person found this helpful  

    Property Tax Division is heading for a complete disaster!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Analyst
    Former Employee - Analyst

    I worked at Duff & Phelps

    Pros

    Offers a good experience and is a great resume builder. They offer good benefits and competitive pay.

    Cons

    Management kept lots of changes a secret. If you weren't a favorite you didn't get fair treatment. Our city leader was very unapproachable. Long hours without any recognition. No concern for employees work loads. Senior management has no interaction with staff. They make changes that directly affect the staff without their input.

    Advice to ManagementAdvice

    Work with staff, not against them. Management leads by intimidation. Management says they want open communication, but they do not want to hear anything that they disagree with.

    Doesn't Recommend
    Disapproves of CEO
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