Novantas

www.novantas.com

Novantas Reviews

Updated December 30, 2014
Updated December 30, 2014
22 Reviews
3.5
22 Reviews
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Dave Kaytes
3 Ratings

Employee Reviews

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  1.  

    Friendly culture but sometimes long hours

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

    I have been working at Novantas full-time

    Pros

    Really friendly coworkers, great culture, no cutthroat competition/backstabbing, real sense of camaraderie (VERY rare culture).

    Good compensation and benefits

    Annual promotion and helpful firm feedback

    Cons

    Sometimes long hours and loads of work especially as deadlines come up

    Advice to ManagementAdvice

    Maybe hire more to reduce over-staffing

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Summer Intern

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

    I worked at Novantas as an intern (less than a year)

    Pros

    Small and fast growing firm with opportunity to step up and learn very quickly

    Cons

    Poor compensation package (retirement) and salary not comparable to other brand name competitors
    Poor feedback and internal culture and structure

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Novantas Inc.

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

    I have been working at Novantas

    Pros

    A well run company with Management who takes an active interest in the running of the company.

    Cons

    Salaries for people who are not in management/consulting are low and do not increase.

    Advice to ManagementAdvice

    The firm is well run and will continue to succeed.
    Non-essential employees are non-essential and do not have to be paid well or receive
    increases to match inflation, as they are easily replaceable.

    Doesn't Recommend
    Positive Outlook
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  5.  

    Friendly and fun group of people, but overall incentive structure and corporate culture could be better

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

    I worked at Novantas as an intern (less than a year)

    Pros

    Excellent group of people that help you become acclimated to the job. There's a lot of teaching on the job which is great when you have a helpful and supportive team.

    Cons

    They're still a young company and therefore are looking more to expand before taking care of their employees.

    Advice to ManagementAdvice

    Management needs to put more effort into creating an actual corporate culture. The mentoring program needs to be refined, not something that employees just scoff at. Otherwise, the place is your pretty average employment place.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Frat boys swindling banks

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

    I have been working at Novantas full-time (less than a year)

    Pros

    I survived. And the pay was reasonable, considering that the company produced nothing of value.

    Cons

    Unintelligent people shamelessly groping after money, committing crimes against the disciplines of mathematics, statistics, logic, and software development along the way. I once saw an associate complain to a receptive audience that a cleaning woman had "the audacity" to make herself a cup of coffee with their expensive instant espresso machine. This company embodies everything that is wrong with both our economy and educational system.

    Advice to ManagementAdvice

    Sell your horses and yachts, learn to read, find something less depressing to do with yourselves.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    probably better to go into banking instead

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

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

    Pros

    the other associates. little travel.

    Cons

    managers, directors, but not partners

    Advice to ManagementAdvice

    if you're going to work your associates like bankers, then pay them banking salaries and bonuses

    Doesn't Recommend
    Negative Outlook
  8.  

    Okay company, but better options available for academic elite

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

    I worked at Novantas full-time (more than a year)

    Pros

    -the pay. raises are very generous, and bonuses are as well when the company is performing well.
    -some partners are very intelligent - particularly the ones with an MBA from a top-5 school. not saying it's a cause-effect relationship, but it just seemed the two bosses I had who had those MBAs really knew their stuff
    -less travel than other consulting firms

    Cons

    -having to learn SQL in essentially a week
    -very demanding hours; managers are rather unconscious of analyst burnout and will push you as hard as they can even if the work is sometimes unnecessary or excessive
    -virtually non-existent training program
    -working on weekends when you get an email on your phone (which happened a lot, unfortunately..)
    -working in a declining industry that is undergoing quite a bit of disruptive innovation (which usually is a good thing, but not for the established banks - and Novantas doesn't consult for Square, Paypal, or other companies innovating the payments and retail/commercial banking industries)
    -company growth has stabilized and was starting to decline
    -being exposed to only one industry; other consulting firms like Bain, BCG, & McKinsey will give you exposure to various industries, keeping your future career prospects more open. (they also provide better hours)

    Advice to ManagementAdvice

    keep your analysts happy (with more than just pay), or they will all leave for better opportunities. i left after getting an offer from Bain..

    Doesn't Recommend
    Negative Outlook
  9.  

    First job out of undergrad; learned solid business analysis skills

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

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

    Pros

    Small project teams allow you to learn a lot quickly

    Cons

    Small company = less brand recognition and general infrastructure. Projects get repetitive.

    Advice to ManagementAdvice

    Analyst burnout is something to be monitored

    Recommends
    Neutral Outlook
  10.  

    Good place to learn, isn't a good fit for everyone

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

    I have been working at Novantas

    Pros

    The projects are very fast-paced, and junior analysts get a lot of responsibilities at the beginning of their career. Your analytical skills will improve immensely in the first year.

    Cons

    The hours are hectic and can sometimes be unreasonable. Middle managers, and especially partners, tend to become overly focused on minute analytical details that does not contribute to the answer.

    Advice to ManagementAdvice

    Because less self-focused on your pet theories and listen to what the analysts are trying to tell you. Sometimes going through the whole 9 yards won't add anything, and will just frustrate analysts and add to turnover of valuable human resources.

  11.  

    Great opportunity for those seeking challenging, analytical work and a small-firm feel

    • 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 Novantas

    Pros

    Great opportunity to gain hands-on experience in financial services. Analysts are given responsibility sooner than peers at other firms and, when appropriate, are encouraged to lead client interactions. Minimal travel for most project, no Monday-Thursday at the client site. Smart and motivated group of people who know how to have fun

    Cons

    Lacks some of the resources of larger firms. For example, lack of access to third-party data such as Bloomberg and Lexis Nexis can make research and data gathering more painful than it should be. Long hours and weekends depending on the type of project.

    Advice to ManagementAdvice

    Improve training by expanding the current skills and analytics training to include more accounting and finance concepts for non-business majors.

    Recommends

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