FTI Consulting

  www.fticonsulting.com
  www.fticonsulting.com

FTI Consulting Reviews

Updated December 17, 2014
Updated December 17, 2014
206 Reviews
3.3
206 Reviews
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FTI Consulting President & CEO Steven H. Gunby
Steven H. Gunby
17 Ratings

Review Highlights

Pros
  • Better pay than the Big 4, good work-life balance, opportunities for career progression (in 14 reviews)

  • You learn a lot from an incredibly talented group of people (wish they did a better job of making them want to stay) (in 6 reviews)


Cons
  • Little professional development beyond informal day-to-day management; little work-life balance (in 25 reviews)

  • long hours and work load distribution among different teams is unacceptable to some (in 12 reviews)

More Highlights

Employee Reviews

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  1.  

    Poor mangement, work bottlenecks, bad culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President ( Senior Economist) in New York, NY
    Former Employee - Vice President ( Senior Economist) in New York, NY

    I worked at FTI Consulting full-time (more than 3 years)

    Pros

    Good pay. Company is solvent and can pay the bills.

    Cons

    Poor mangement, work bottlenecks, bad culture. Sexist. Silo culture - departments do not interact. Work is hoarded by a few who could use smarter input from other departments and within their own department.

    Advice to ManagementAdvice

    Breakdown silos. Should share work across departments for best involvement by smartest people in the company. Protect workers from sexism and ageism. Old school culture 1950s. Young women (low paid) at the bottom - men rise faster - management seems to be waiting for women to get married and leave at age 35?

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

    DISTURBING!

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

    I have been working at FTI Consulting full-time (less than an year)

    Pros

    Autonomy was the deciding factor. Super. Day 1, was like being in the military. I suspect things have changed since I left, I don't hear much about them at all.

    Cons

    If you're not a lawyer, CPA, Banker, Economist, graduated from an Ivy League school or made a lateral move from a competitor, run for your life! Cruel place.

    Advice to ManagementAdvice

    Profitable or not .... be aware of the culture you are at the helm of. I often wonder if CEO's, Investors, Board Members, and/or Executives read these reviews. Because they would benefit the most.

    Doesn't Recommend
    No opinion of CEO
  3.  

    Inefficient, Rampant Favourism, High-School Clique / Jock Mindset, Severely lacking in Management of Operations

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

    I worked at FTI Consulting full-time (more than 3 years)

    Pros

    Good colleagues across different practices. Opportunity to work with well-known and renowned clients.

    Cons

    1. Zero work/ life balance with no compensation for time spent afterhours and weekends.
    2. Bonus supposedly "tagged" to performance: It's a load of BS. Pretty much depends on who is your champion and who can pull the strings. Nothing to do with performance whatsoever
    3. Claims to be an "Equal Opportunity Employer": Company is staffed by their own friends and catapulted into higher ranks instead of grooming and training the junior staff.
    4. Work is not evenly divided. The more able and competent you are, the more the work is piled unto you.
    5. Junior level and support staff are usually treated like dirt. When trouble is detected, its the low-rank employees who get blamed for alot of things.
    6. Rampant favourism. If you are someone's favourite / pet, chances of you rising through the rank is very likely.
    7. HR is very disconnected from the ground staff. The way HR deals with the empoyees are unethical. Lack of communication on alot of things. Employees are not notified or informed when action is taken.

    Advice to ManagementAdvice

    Look beyond US. Elsewhere in other region, the SMDs/ MDs and Head of the office tend to run the office like its their own company. Rules and policies are flouted. Centralising HR is pointless when they are so disconnected from the ground. Networking / cocktails are endlessly hosted with no budget in sight when nothing is invested into staff, and management is reimbursed for lavish expenses in the guise of networking.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Very political organization

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

    I have been working at FTI Consulting

    Pros

    There is really not much positive as a place to work and establish a long term employment

    Cons

    There are so many narcist with little to no respect for others. Management is so focused on internal politics rather than getting the work done. Their technology practice wants to make a product and turn the practice into a product company. They will never achieve that with the current leadership with too much lawyer mentality. They only know the legal business and how to charge more hours to the clients.

    Advice to ManagementAdvice

    Hopeless

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  6. 8 people found this helpful  

    Horrible Place To Work - I Did It For The Money

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

    I worked at FTI Consulting full-time (more than 5 years)

    Pros

    Only two pros: It's a global company, so you have the opportunity to travel to other offices and they pay a lot. But make sure you get a high salary upon your day of employment because you'll be damned if you get a decent raise afterwards.

    Cons

    Otherwise, I worked for five years in D.C. and NYC in Strategic Communications and it's a bloodbath.

    Nobody helps you -- you better have your own connections to get accounts. You have to eat what you kill and it's all about office politics. You have to align yourself with the right clique or you get destroyed. The right clique will then "feed" you clients here and there to survive until you get sure footing (at least one year).

    Most new hires are spit and chewed out after two years, their demise was always imminent. There's so much turnover, it's unbelievable. People live in constant fear of being fired while the upper management spends thousands of dollars on dinners, limos and such for themselves.

    There aren't any stock options and the "benefits" are a joke. They're like every other mediocre company.

    It's very mercenary. The only way you get any job security is if you land a big account -- like $75-100k/month and praying that one of your managing directors doesn't steal your accounts.

    BTW, your managing directors steal your accounts. You work hard to land it -- do all the pitching -- and they "transfer" it to themselves, thereby getting credit for it.

    I earned my keep and got the heck out of there as soon as I saw a good opportunity. There's no work/life balance (I used to work on weekends). It's just not worth it.

    Also, I saw a colleague of mine get fired even though she had the highest amount of billable hours and always receive positive reviews. Turned out her new boss didn't like her and dropped the guillotine.

    It's ruthless and no place to work unless you like a good battle.

    Advice to ManagementAdvice

    Management doesn't read this, so why bother? They're going to polo and tennis tournaments. Also, I love the fact that FTI had their team clean up Glassdoor with fake reviews, because it was awful.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7. 3 people found this helpful  

    Unless you're a part of the clique, you're out of luck

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

    I have been working at FTI Consulting full-time (more than 3 years)

    Pros

    Interesting work and good opportunity to work with great clients.

    Cons

    Since the economy has become so competitive, the culture at the firm has become very cut throat. The question that's asked by everyone, especially the SMDs, is "What have you done for me lately?" Everyone says it's a teamwork oriented environment, but the notion of teaming or sharing is a joke. Folks here protect contacts, protect clients, and don't practice cross sharing or cross selling. Lots of great talent not being nurtured, and incompetent folks getting promoted. Management also lacks the ability to communicate any news effectively.

    Advice to ManagementAdvice

    Read all the "Con" reviews on Glassdoor carefully. They are definitely sending a consistent message to management: no transparency, incompetent SMDs, short term gains at the expense of long term vision, lip service on teaming, old boys network, poor pay, bad benefits... These are all true.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 5 people found this helpful  

    Out of touch, inefficient, old boys club that rewards ineptitude

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

    I worked at FTI Consulting full-time (more than 3 years)

    Pros

    If you get promoted up to the SMD level you are very well paid, with little regard for your effort, skills, or value you bring to the organization

    Cons

    An amazingly inefficient company. There is a lot of expertise there but no one shares ideas or works together (that might reduce billable hours). Lots of inept upper level management who diligently work hard to make others look bad in order to not have their own mistakes noticed

    Advice to ManagementAdvice

    To the executive level, take a very hard in depth look at the SMD level. There is an amazing amount of dead weigh. Lots of SMDs that provide little to no value. Not to mention many that do a lot of harm by only looking to maximize their own bonus, not the overall good of the company.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 6 people found this helpful  

    Snake Pit.

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

    I worked at FTI Consulting full-time (more than 3 years)

    Pros

    Good name. Seemingly solvent. Large enough to have advantages of scale. Starting to integrate globally.

    Cons

    Vicious political environment between management. Terrible culture. No respect for talent. Shark tank of people trying to keep their position. Talented senior people let go and replaced with hordes of junior associates who are paid low wages

    Advice to ManagementAdvice

    Way too many low-skilled, cheaply paid workers. Keep and nurture your talent - listen to the innovators. Don't reward the snakes for back room politics - reward talent and creativity. FTI culture lacks authenticity and trust. FTI needs a better conscience towards its employees. The sectors terribly siloed due to competition over clients and territories.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 5 people found this helpful  

    A company is its people, these people were rotten

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Consultant in Roseland, NJ
    Current Employee - Senior Consultant in Roseland, NJ

    I have been working at FTI Consulting full-time (more than an year)

    Pros

    Great Vacation Time, (cant think of anything else, there is a 5 word minimum)

    Cons

    The people, the style/manner of completing the work

    Advice to ManagementAdvice

    Its possible I was in a bad group but my co workers were back stabbing, constantly ccing the boss on correspondences having to do with very minor/anal errors, (I wouldnt even call them errors but they did), instead of coming directly to me, generally throwing me under the bus and just nasty, barely would say hello in the morning. Not sure if the culture of attempting to do projects in half the time needed requiring the group to stay till 11 at night caused this atmosphere or if the co workers were just miserable people, likely a combo of both. Wouldnt recommend this company to an enemy, the extra vacation, (no extra salary, got a 20% raise when I left) is not worth dealing with the poor attitudes and super competitiveness of the co workers and sweatshop style of the company.

  11. 4 people found this helpful  

    Terrible place to work, advancement blocked by more senior professionals

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in San Francisco, CA
    Current Employee - Director in San Francisco, CA

    I have been working at FTI Consulting full-time (more than 3 years)

    Pros

    - Most of the people here are very smart and hard working
    - Pay is solid and on par with industry

    Cons

    - Senior leaders are very narrow minded and will not allow people below them any flexibility to try new initiatives
    - Bonus is driven way too much on utilization, which provides no incentive to do good work and only bill hours
    - Don't do anything to retain talented employees, a lot of which leave within 1-2 years of joining the firm
    - No integration of culture from the plethora of acquisitions over the last 5 years
    - No strategic vision or leadership from practice leaders or senior management - increasing bill rates and hiring more people is not a sustainable growth strategy. Also no transparency or communication from same leaders.

    Advice to ManagementAdvice

    You need to provide more communication and transparency, as well as develop a legitimate strategy and actions to achieve the end goal. Just stating the end goal without any implementation is useless.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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