Nera Economic Consulting

  www.nera.com
  www.nera.com
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Nera Economic Consulting Reviews in New York City, NY

Updated September 15, 2014
Updated September 15, 2014
54 Reviews
3.2
54 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Nera Economic Consulting President Andrew Carron
Andrew Carron
27 Ratings

Review Highlights

Pros
  • I learned quickly the importance between work-life balance and having access to the beautiful city of Washington D (in 7 reviews)

  • Good work-life balance and smart people (in 8 reviews)


Cons
  • This obviously results in poor work-life balance (in 4 reviews)

  • lots of grunt work that is not rewarding and does not contribute to employee professional development (in 3 reviews)

More Highlights

19 Employee Reviews Back to all reviews

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  1.  

    Smart Colleagues

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

    I worked at Nera Economic Consulting full-time for more than a year

    Pros

    Good work-life balance and smart people.

    Cons

    Most senior staff poor at management.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Awful culture

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

    I have been working at Nera Economic Consulting full-time for less than a year

    Pros

    Some of the work can be interesting at NERA. Most of it however is mindless document review and data entry.

    Cons

    The office culture is completely nonexistent. People are unhappy and seniors are mean to lower level analysts. Seniors in each group treat researchers as slaves and do not care about their input or ideas. The environment is extremely silo'd off and you can get through the entire day without any interaction with another person other than your direct superior. Management is horrendous and does not show any sympathy for researchers as they can spring 15 hour work days on you out of nowhere. Simply put, I met very few people who are truly happy to be at NERA. Competitors have much better work environments.

    Advice to ManagementAdvice

    Consider your people more because there is a reason all of them are leaving to go to other econ firms and even small startups...because the culture at NERA is horrendous.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Associate Analyst

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

    I have been working at Nera Economic Consulting full-time for less than a year

    Pros

    Just started my job. So far so good. People are nice. a lot to learn.

    Cons

    Don't know yet. time will tell

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 2 people found this helpful  

    Good starting job. Wouldn't stay for more than a year or two

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

    I have been working at Nera Economic Consulting full-time for more than a year

    Pros

    academic environment, smart people, opportunity to learn a lot right off the bat, non-senior staff are very friendly and approachable

    Cons

    Work becomes repetitive after about a year and a half. Not many opportunities for advancement within the company. Work experience varies widely depending on what senior manager's group you are randomly assigned too, and there are very few opportunities to work outside of your senior's group or to switch groups.

    Advice to ManagementAdvice

    Not true of all managers, but some could be more approachable

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Very friendly environment. A lot of intelligent people.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern  in  White Plains, NY
    Current Employee - Intern in White Plains, NY

    I have been working at Nera Economic Consulting as an intern for less than a year

    Pros

    Great work life balance. Intellectual stimulation. Great option if you are into economics analysis, especially the combination of qualitative and quantitative analysis. Great exit opportunities.

    Cons

    Very academia sort of environment, which can be a good thing if you enjoy working in such environment. But if you are someone who can't sit down and run regressions and do some grunt work, this is not for you.

    Advice to ManagementAdvice

    Care more about the career development of the junior researchers.

  7. 1 person found this helpful  

    Great company, for the partners, not for the low-level employees

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

    I have been working at Nera Economic Consulting full-time for less than a year

    Pros

    Kind people, no backstabbing, like to learn

    Cons

    No career development, no upward mobility, little transferable skills

    Advice to ManagementAdvice

    Rotate your staff.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Great place to learn and be miserable

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

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

    Pros

    Intelligent colleagues, interesting work, great stepping stone for career

    Cons

    Unhappy work environment, overbearing arrogant management

    Advice to ManagementAdvice

    It's not the quantity, it's the quality of work.

    Doesn't Recommend
    Approves of CEO
  9.  

    Varied work, good for resume

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

    I worked at Nera Economic Consulting full-time for more than 3 years

    Pros

    Individual projects at NERA can be hit or miss. Some involve truly challenging, interesting, high-profile cases. Others can be redundant document review or programming. But overall, if you stick around long enough you'll be involved in something that will push your skills to the limit. Entry-level jobs are good jumping points for elite business schools and law schools.

    Cons

    Hours can be unpredictable and there is little or no transparency on the criteria used to set raises and promotions. Without a PhD you can't really expect to make a career at NERA.

    Advice to ManagementAdvice

    Worker satisfaction could be improved drastically by planning for project timing better. Long hours and weekend work should not be the status quo when clients set specific timelines.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    I loved my time there.

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

    I have been working at Nera Economic Consulting full-time for more than 5 years

    Pros

    Great environment and great co-workers.

    Cons

    none besides lengthy hours per week.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Satisfactory, good learning experience

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

    I have been working at Nera Economic Consulting

    Pros

    very smart people, good work if you are interested in economics/quant.

    Cons

    monotonous work, very desk-based and limited abilities to work on very different types of projects. Management often does not have respect for work-life balance and bonuses do not sufficiently reflect extra hours put in.

    No opinion of CEO

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