Compass Lexecon Reviews | Glassdoor

Compass Lexecon Reviews

Updated May 23, 2017
25 reviews

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Current Employees

3.9
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Dan Fischel; Jon Orszag
5 Ratings

25 Employee Reviews

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  1. Helpful (1)

    "Great company to develop a career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Washington, DC
    Current Employee - Anonymous Employee in Washington, DC
    Recommends
    Positive Outlook

    I have been working at Compass Lexecon full-time (More than a year)

    Pros

    Pros in the DC office: Great work culture, company cares about employees, interesting and prestigious work, smart individuals, good upward mobility

    Cons

    Unpredictable schedules but that's the nature of the industry.


  2. "Overall good company and good people to work with."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    culture, compensation, some work and life balance depending on the office location.

    Cons

    Have to have a graduate degree to get promoted to manager level. PHD are preferred in this company, but most of people don't go for PHD.


  3. Helpful (1)

    "Great place, hard work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research Associate in Oakland, CA
    Current Employee - Research Associate in Oakland, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Compass Lexecon full-time

    Pros

    Preps junior level people for grad school. Fast paced work environment with really smart people

    Cons

    No way to move from junior to senior level internally (PhD required)

    Advice to Management

    Overtime pay on top of salary is HUGE benefit that helps immensely on those long nights and weekends of work. Not all good economists are good managers though...


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  5. "Great upward mobility for hard workers!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Economist in Chicago, IL
    Current Employee - Economist in Chicago, IL
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Compass Lexecon full-time (More than 5 years)

    Pros

    Compass Lexecon Prmotes from within, so plenty of growth opportunity for serious, hard workers. Academic and collaborative work atmosphere. Never feels like you're competing with peers.

    Cons

    In order to advance your career here you generally have to be wiling to work long hours as, in the end, what is most appreciated here is to work fast, much and not make mistakes. So it can get very stressful.

    Advice to Management

    Acknowledge hard work and give more thorough reviews. Be more clear about expectations. Open up more channels for conversations on career advancement.


  6. Helpful (2)

    "This is an OK job"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in Chicago, IL
    Current Employee - Senior Analyst in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at Compass Lexecon full-time (More than a year)

    Pros

    Work on high profile cases. Can be an easy 9-5 if you want it to be. I like my co-workers; good group of sports and fitness bros. Best thing is Dinner if you work past 7pm.

    Cons

    1. Total compensation is about 10 to 15% below market. They give you a very low base combined with overtime pay. This is particularly awful since even fresh college grads are billed out at $500/hr, which is way above industry average. 2. There is absolutely no investment in employees. Literally no training at all--there are people here who have been doing monkey work like cite checking for decades! I wish i was exaggerating, but it's true. 3. Most of the people hired or promoted here are connected to senior management or a client. I'm not sure if everyone else is treated fairly. 4. The offices here are the worst I've ever seen. Even junior members of the professional staff have shared inner offices where you can pass an entire day without a glimpse of sunlight.

    Advice to Management

    More money, more training, more transparency.


  7. Helpful (4)

    "Great mentor = great times."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research Associate in Los Angeles, CA
    Current Employee - Research Associate in Los Angeles, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Compass Lexecon full-time (More than a year)

    Pros

    Great for people who want to earn a PhD in Economics and continue on the route of being an economist. This is one of the more lucrative ways to practice one's knowledge of Economics. Also, less frequent, but works well for those who want to go to law school.

    Cons

    Not creative. At the entry-level, pretty data monkey-esque.

    Advice to Management

    Project supervisors should be weary of taking on too many projects. The unavailability and dilution of some managers' attention to their hoarding of projects can be a detriment.


  8. "Smart people, interesting work, long hours, good pay"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in San Francisco, CA
    Current Employee - Senior Analyst in San Francisco, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Compass Lexecon full-time (More than 3 years)

    Pros

    Compensation is probably best in the industry; co-workers are incredibly intelligent; PTO is very generous

    Cons

    Weak performers are rarely kicked to the curb; there's a somewhat perverse incentive structure where top performers are made to work more; performance-based bonuses would be a way of alleviating this, but they are pretty equal across all analysts


  9. "Good place to work with"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Chicago, IL
    Current Employee - Analyst in Chicago, IL
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Compass Lexecon full-time (More than a year)

    Pros

    good work-life balance, very good colleagues

    Cons

    niche industry, not so clear career path

    Advice to Management

    diversity, maybe


  10. Helpful (1)

    "Sometimes rewarding, sometimes tedious, often demanding"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Washington, DC
    Current Employee - Analyst in Washington, DC
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Compass Lexecon full-time (More than a year)

    Pros

    Smart colleagues, pleasant atmosphere, free food. Casework is sometimes interesting; if senior staff grow to like you, they'll involve you in more analytical thinking and modeling.

    Cons

    Lots of work on evenings and weekends, often without advance warning. Much of the work for analysts and senior analysts can be quite tedious--data entry, formatting, printing binders.

    Advice to Management

    Warn people about the evening and weekend work very clearly before they commit. Some folks burn out on it, and everyone can make better decisions with more information ahead of time.


  11. Helpful (1)

    "Best in business, great people, long hours"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Washington, DC
    Current Employee - Anonymous Employee in Washington, DC
    Recommends
    Approves of CEO

    I have been working at Compass Lexecon full-time

    Pros

    People are top-notch. Casework is very interesting. The company as a whole is quite organized and relatively independent from FTI which is an ok company from what I have seen.

    Cons

    Long hours are pretty standard-the company as whole is always busy with high-profile engagement, mostly mergers and litigation.


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