Huron Consulting Group

www.huronconsultinggroup.com
There are newer employer reviews for Huron Consulting Group

8 people found this helpful  

Good, not great, work experience

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

I worked at Huron Consulting Group

Pros

One consistency across practices is great people work at Huron. Friendly, collaborative environment exists within most teams. Recent college grads typically get good training and professional development opportunities from senior team members and are treated well. People don't leave Huron because of coworkers. Also, benefits are generally above market. Exit opportunities vary across segments, but junior team members have had success landing impressive jobs post-Huron. No up-or-out policy either.

Cons

Everyone's experience within Huron is vastly different across service lines. That said, hours tend to be fairly long: 50-60 hours is pretty average, and most groups experience 1 or 2 week spurts where hours are brutal (as is typical with engagement-based work), so work/life isn't great. Base comp is below market, and promotion expectations vary by practice, which is pretty frustrating. The firm's promotion policy is in direct conflict with its "cogs in a wheel" staffing policy for junior team members. Turnover is high across all levels within the company, which underscores the fact that Huron has great talent but cannot retain it under its current comp policy. I don't know any Analysts or Associates who have any intention of becoming a Managing Director at Huron.

Bottom line is the publicly traded consulting model may not be effective for a company of Huron's size and market position, especially in the down years, as it hinders the firm's ability to retain its talent.

Advice to ManagementAdvice

- Top priority absolutely must be realigning compensation for all levels to be consistent with talent and effort. Top talent keeps leaving, and it's not because of their coworkers. There are too many better-paying opportunities in the market to continue to pay at current levels. More should be done with short-term incentives as well, since many engagements involve heavy hours in the final weeks.

- Make more definitive determinations as to which business segments will stay as part of Huron and which will be divested. Then, reinvest substantial time, effort and resources in the infrastructure of each segment, instead of marginally supporting both over-performing and under-performing segments.

- Last, worry less about integrating the "culture" of each practice and reuniting the firm. With all the acquisitions, this isn't realistic. Support more company social and networking events as you did in 2007 and first half of 2008 - that's what employees will appreciate.

No opinion of CEO

276 Other Employee Reviews for Huron Consulting Group (View Most Recent)

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  1. 1 person found this helpful  

    I like it a lot

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

    I have been working at Huron Consulting Group

    Pros

    Great people and atmosphere. Very respectful and fun.

    Cons

    Only doing promotions at the end of the year.

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

    Finding its niche

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

    I worked at Huron Consulting Group

    Pros

    Small company with a personable atmosphere
    Great at what they do
    Great Work-Life Balance

    Cons

    Management has had problems in the past
    Compensation is lower than competitors

    Advice to ManagementAdvice

    More transparency is needed. The company is still trying to find its appropriate service line focuses, so employees outside of healthcare and higher ed do not have the same job stability.

    No opinion of CEO
There are newer employer reviews for Huron Consulting Group

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