BearingPoint Reviews in New York City, NY | Glassdoor

BearingPoint New York City Reviews

Updated January 18, 2017
32 reviews

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New York City, NY Area

5.0
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BearingPoint Managing Partner Peter Mockler
Peter Mockler
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32 Employee Reviews

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Pros
Cons
  • Work life balance can become an issue if you want to progress quickly in your career as the competition is fierce (in 17 reviews)

  • Must be willing to work long hours and travel at least 80% of the time (in 13 reviews)

More Pros and Cons

  1. "Owner"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Owner in Atlantic Highlands, NJ
    Current Employee - Owner in Atlantic Highlands, NJ
    Recommends
    Positive Outlook

    Pros

    Great Company. Great Work Great Product Good Leadership. Great Place to work. Wouldnt change a thing honestly.

    Cons

    Nothing to report. They do great. Looking to expand and grow. Need to continue to bring on new people and do bigger things.

    Advice to Management

    Continue to grow.


  2. "Ability to do as much or as little you want......depends on your drive and initiative to network"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in New York, NY
    Former Employee - Manager in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at BearingPoint full-time (More than 8 years)

    Pros

    Great learning programs, full support to network within the firm. Nice benefts

    Cons

    lots of pressure to be client facing and billing. Reduces the time available for training

    Advice to Management

    Modify business model to reduce billing pressures on consultants


  3. "Good Growth, Poor overall company management."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Manager in Parsippany, NJ
    Former Employee - Senior Manager in Parsippany, NJ
    No opinion of CEO

    Pros

    Good people that were very good at what they do. Made quite a few friends for life. Built a great network

    Cons

    Poor overall company management of the business which eventually led to the downfall of the company. What a pity, should not have happened

    Advice to Management

    Follow the management practices of other firms, and dring our own koolaide. To late now the company is out of business


  4. "your typical it consultancy"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Disapproves of CEO

    Pros

    clear path of advancement, lots of opportunity if you work with the right people and can show your potential, lots of travel (depends on how you look at it)

    Cons

    terrible upper management, no clear direction as a company, ship has been sinking ever since kpmg separation, hard to succeed if you don't get in the right group, little to no bonuses

    Advice to Management

    focus on fixing financial situation, reward your employees or they will leave - they are your IP, stop coming up with new 'frameworks' when none of them work


  5. "ex-B{P"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    No opinion of CEO

    Pros

    nice people that were concerned with doing a good job, but watched their own back- it was also difficult to see the end result

    Cons

    was kind of difficult to know the firm's direction because it was always shifting - the opportuity to make a lot of money went away

    Advice to Management

    just do it do it do it do it do it - they got too concerned with making it work for each other and not the client


  6. Helpful (1)

    "Now bankrupt"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Manager in New York, NY
    Former Employee - Senior Manager in New York, NY
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Camaraderie with coworkers. Good project work. Interesting and exciting clients. Got to travel the world on the companies dime. If your Managing Director was good, this was a very good place to work.

    Cons

    Many cons. How about atrocious senior management. No consideration for work or life balance (what can you expect, its consulting). In 8 years only received one bonus.

    Its now bankrupt, 'nuff said.

    Advice to Management

    A series of terrible CEO's and bad Senior Management lead this place into the ground. Sad. A lot of good people and good work was done at this company, only to be driven into the ground by incompetent management. This place suffered from one management debacle after another.


  7. Helpful (1)

    "Overworked, exhausted employees with no life!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Consultant in New York, NY
    Former Employee - Senior Consultant in New York, NY
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Opportunity to work on different engagements and learn different systems, although most engagements in financial services are short-term, often lasting only a few months.

    Cons

    No work-life balance, most partners have stay-at-home wives so no appreciation and accommodation for career women, lots of travel, lack of career growth.

    Advice to Management

    Treat employees like people, not machines.


  8. "Manager at BearingPoint Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in New York, NY
    Former Employee - Manager in New York, NY
    Recommends
    No opinion of CEO

    Pros

    BearingPoint was a good company to work for to gain consulting experience. It also looked very good on a resume.

    Cons

    As with any large company, it depended on where within the company you worked. At BearingPoint, I worked for a great group, but have very limited room for growth/advancement.

    Advice to Management

    There needs to be less artificial roadblocks to advancement within the company. Understood that the company wasn't doing well, so there was little ability to promote.


  9. "A great firm, with great people, crippled by the past"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in New York, NY
    Former Employee - Manager in New York, NY
    Recommends
    Approves of CEO

    Pros

    - Is willing to invest in non-standard big4 candidates (invest on experience over education or consulting past).
    - Very entrepreneurial, but very well organized in an approach to deliver.
    - Provided a solid framework for delivery, taking a lot of guesswork out of approved methodology
    - Very respected in the industry

    Cons

    - Bankrupt, and out of business
    - Crippled by the poor financial decisions of past management
    - Career growth ended with bankruptcy
    - Overly competitive within the firm
    - Doesn't encourage collaboration amongst the team

    Advice to Management

    - You did a great job protecting the firm when it was going down. Thank you for all your effort.


  10. "Intelligent, hard-working consultants. Compensation/benefits not comparable to industry standards"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Consultant in New York, NY
    Current Employee - Senior Business Consultant in New York, NY
    No opinion of CEO

    Pros

    Good consulting experience especially in FS clients

    Cons

    bankruptcy proceedings, compensation below industry standards

    Advice to Management

    more communication, improve change management


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