There are newer employer reviews for Nera Economic Consulting

 

Great entry level job

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Analyst  in  Washington, DC
Current Employee - Analyst in Washington, DC

I have been working at Nera Economic Consulting full-time for more than 3 years

Pros

NERA is a great place to start off. Your colleagues and seniors are likely very intelligent with strong credentials. You will learn useful analytical and business skills if you are motivated and take initiative to work on other projects outside your sphere of influence. If you have at least a Master's degree, you can advance all the way up to director level with a bit of luck and hard work. Work hours for me have been highly flexible and I've only been overloaded a few times. Compensation is good at the intermediate and higher levels.

Cons

Each project group is like an isolated cell and you really have to work to get on outside projects. Those that like to work primarily on other people's projects may draw ire from their assigned director which could affect things like bonus, promotions, etc. Most directors are academics and their management ability is highly variable; some are great, some not so much. Individual bonus structure is opaque and is only loosely tied to group performance and billable hours.

Advice to ManagementAdvice

More collaboration within the practice through intra and inter-departmental meetings and presentations. Some groups are better with this than others.

Recommends
Positive Outlook
Approves of CEO

54 Other Employee Reviews for Nera Economic Consulting (View Most Recent)

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  1. 1 person found this helpful  

    Incompetent senior management and no work-life balance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Nera Economic Consulting full-time

    Pros

    Good compensation, ability to learn transferable skills. Data you work with can be very complex and interesting at times. Not too difficult to get promoted if you don't stir up trouble and are willing to work the hours. Benefits are OK, but nothing to write home about.

    Cons

    Communication with senior management is basically non-existent for those not at the consultant level. Due to the company structure, a researcher only interacts with other researchers and consultants. As a result, management has no idea how you are performing, and have to take the consultants on their word for your review. Not a good idea when many consultants are over-bearing head cases with no communication skills. Overall, there is far too much micromanagement by multiple parties, which results in a very unpleasant work experience.

    No creativity in the company. Their analysis methods and technological platform are archaic. This may be one of the few industries where 30-year-old economic models are still accepted, as they can still fool the lawyer. Work environment isn't enjoyable and stress is fabricated by senior management and consultants to make themselves seem more important.

    No work-life balance either. If you need to leave at 6 one day, well, you'll probably have to cancel, or be made to feel guilty at the least. And no, getting in earlier isn't much of an option either. Everyone is expected to stay until at least 6, no matter how early you get in, so if you come in earlier than 9:30 it's on you.

    Advice to ManagementAdvice

    Get researcher feedback, as they often work most closely with the data, and with the most amount of people. Don't treat them like cattle while you sit in your office and play solitaire all day, acting high and mighty. Oh, and take some management training courses because you have no skills in this area, and are only in your position because you have a graduate degree and were at the company when it was extremely small. If young employees didn't have such average job prospects at this time, such a poor work environment would be avoided like the plague.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    Nice people to work with.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Nera Economic Consulting

    Pros

    Nice people to work with.

    Cons

    Pace may be too slow.

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