Bates White Economic Consulting Senior Consultant Reviews | Glassdoor

Bates White Economic Consulting Senior Consultant Reviews

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Found 8 reviews

3.1
StarStarStarStarStar
Rating TrendsRating Trends
51%
Recommend to a Friend
100%
Approve of CEO
Charles E. Bates, PhD
3 Ratings
  1. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Consultant in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bates White Economic Consulting full-time for more than 4 years

    Pros

    Love the people and culture; everyone is very friendly and incredibly intelligent. Management is very supportive of professional development and helps with advancement. Lots of transparency; partners hold quarterly meetings where they answer all questions. Cases are interesting and thought provoking. Great community service opportunities and firm events.

    Cons

    Hours can sometimes be long (as is the nature of the industry).

    Advice to Management

    As the firm grows, maintain the culture and continue valuing the employees

    Bates White Economic Consulting2014-12-22
  2. Helpful (6)

    "Great culture, bad industry, limited upward mobility"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Consultant 
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Bates White Economic Consulting full-time

    Pros

    1. The culture is great. You will know almost everyone in the office. The starting consultant classes are close with each other. 2. The work-life balance is good for a consultant job. While other reviews complain about the work-life balance, it is better at Bates White than it is elsewhere. Compensation is structured to reward you if you work a lot of hours consistently. 3. The size of the firm makes it easy...

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    Cons

    1. Economic Consulting is a boring industry. Half of the work is very dry litigation (asbestos, mortgage-backed securities,etc.). The other half of the work is interesting and high-profile, but you are doing unimportant and boring tasks. The lawyers you work for are doing the real critical thinking. 2. Upward mobility is limited. While the firm is not up-or-out, both the promotion cycles and salary progression...

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    Advice to Management

    Promote high performers faster.

    Bates White Economic Consulting2017-12-07
  3. Helpful (1)

    "High variance hours, otherwise great company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Consultant in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bates White Economic Consulting full-time for more than 4 years

    Pros

    Great people, challenging work, motivated collegues.

    Cons

    On occasion, client services employees will have to work 60 or more hours including weekends for consecutive weeks.

    Advice to Management

    Push back on client demands and respect your staff's work-life balance more.

    Bates White Economic Consulting2017-07-27
  4. Helpful (1)

    "Good Pay, Challenging Work, Poor Work-Life Balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Economic Consultant (BA) in Washington, DC
    Recommends
    No opinion of CEO

    I worked at Bates White Economic Consulting full-time for more than 2 years

    Pros

    There are a lot of positive things about working at Bates White. The work is challenging and you will learn a lot, especially if you haven't done economic consulting before. The senior staff are quite open and willing to listen to input from the junior staff. The compensation is good, though when factoring in the number of hours considered "standard" it is not as competitive as other economic consulting firms. Unlike...

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    Cons

    The biggest downside is the workaholic culture. The senior management places little value on work-life balance and that attitude seeps into the rest of the organization. Most managers refuse to set realistic expectations with clients regarding timelines and the staff suffer because of it. Most of their junior staff are hired straight out of college and are afraid to push back on unreasonable overtime requests.

    Advice to Management

    It is not enough to pay lip service to work-life balance, you need to actually change the policies and corporate culture that make having a good balance so difficult. I have worked at other, very successful economic consulting companies at which the typical work week was 40 hours and overtime was both extremely rare and compensated at time and a half. You don't have to overwork your employees to be successful.

    Bates White Economic Consulting2015-12-16
  5. Helpful (4)

    "Not a good place for Ph.D., especially econometricians or people with advanced technical skills"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Economic Consultant in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Bates White Economic Consulting full-time for more than 4 years

    Pros

    Decent salary, opportunities to work on high profile cases, and the yoga class (the question is if you have time for that if you already work 70+ hours per week)

    Cons

    Ph.D. senior economists are managed by non-Ph.D. managers who do not understand economics/econometrics but want to be in control; no well-defined career path and unfair promotion system; unreasonable work hours and no life-work balance

    Advice to Management

    Do not let non-Ph.D. manage Ph.D. - it makes everyone work unnecessarily long hours to clear up the mess due to mismanagement and you just get worse reports. Why cannot you trust a Ph.D. to manage cases?

    Bates White Economic Consulting2014-07-11
  6. Helpful (2)

    "Ph.D. senior consultants are often pigeonholed to do very technical work and are not given much career opportunity."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Consultant in Washington, DC
    Doesn't Recommend
    Neutral Outlook

    I have been working at Bates White Economic Consulting full-time for more than 6 years

    Pros

    There are many smart people to work with; junior staff are very good at data Lots of firm sponsored events (include yoga class) Good paycheck and benefit

    Cons

    Crazy hours and on call all the time (managers sometimes intentionally do not tell you about the deadlines) Highly technical work is not understood or valued by non-Ph.D. managers No client interaction No promotion after 5 years

    Advice to Management

    Pay attention to Ph.D. senior consultant and help them with their career success, please!!!

    Bates White Economic Consulting2013-11-05
  7. "Good place for non-PhDs"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Consultant in Washington, DC

    I worked at Bates White Economic Consulting full-time

    Pros

    The pay is good, especially if you work long hours. The benefits are great. You have great opportunity to develop some important skills by working with very smart people.

    Cons

    PhDs are almost never promoted; many of them leave of get fired. Your economic skills get deteriorated, because you work a lot on data processing and cleaning. You are often managed by someone without an advanced degree: the majority of the management are not PhDs. You will have difficult time explaining them basic economic concepts.

    Bates White Economic Consulting2013-08-18
  8. "Senior Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Consultant in Washington, DC
    Recommends

    I worked at Bates White Economic Consulting

    Pros

    Meritocracy, collaborative work environment, lots of back-end support on the admin/IT side; excellent chance for exposure to clients. Collegial environment although people sometimes tend to get holed up in their offices without interacting. Not a whole lot of travel required so no problem with endless hours in the airport or in flight.

    Cons

    Erratic hours, engagements are sometimes long and interminable.

    Advice to Management

    Keep fine tuning work-life-balance.

    Bates White Economic Consulting2010-10-26
Found 8 reviews