There are newer employer reviews for Essex Lake

New company has some real potential to be a good consulting/profit enhancement firm.

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

I have been working at Essex Lake

Pros

Some interesting project work
Top tier clients, particularly in financial services
Lots of responsibility for junior members, since very few managers in company
Interesting combination of business leaders, consultants, and analytical staff members

Cons

Comp is not so great
Unclear bonuses and allocation
Unclear if team will ever share in Profit Enhancement payoffs that company receives
Needs some middle management to help guide the junior team members
Long hours sometimes

Advice to ManagementAdvice

Need to beef up training, coaching programs. Will we ever share in revenue gains?

Doesn't Recommend
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  1. Its a start up....

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

    I worked at Essex Lake full-time (more than 3 years)

    Pros

    Lot of hands on work - you can build you skill set very well.
    Intensive problem solving in some projects.
    Solid cost reduction practice and the best practice head in industry

    Cons

    Senior layer is retired from big corporates so are mostly checked out (with an exception of few leaders)
    Employee development is not part of the plan.
    Projects are mostly in areas - Cost reduction which have very little value within corporates.
    Exit options are primarily your own start-up.
    Leaders that have been grown in house have very little industry knowledge.

    Advice to ManagementAdvice

    Get some good people in the company so that its a little less political.

    Doesn't Recommend
    Positive Outlook
  2. Small firm growing at a rapid pace

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in Gurgaon, Haryana (India)
    Current Employee - Associate in Gurgaon, Haryana (India)

    I have been working at Essex Lake full-time (more than a year)

    Pros

    Top notch clients.
    Frequent foreign travel for projects.
    Bright middle management layer.

    Cons

    Management is very stingy with bonuses, in fact they haven't given any in the last 2 years in spite of the firm doing very well in the last year.
    At times it feels like a pure outsourcing firm since all the clients are abroad.
    Road map for the company is never clear.
    Churn among consulting staff is very high.

    Advice to ManagementAdvice

    Bonuses would be largely appreciated. Many people are leaving, or planning on leaving the firm because they feel that they are under appreciated for their work.
    Besides that, some more diversity in the kinds of projects would be great.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for Essex Lake

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