Compass Lexecon Reviews | Glassdoor

Compass Lexecon Reviews

Updated November 29, 2017
27 reviews

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3.6
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Dan Fischel; Jon Orszag
5 Ratings

27 Employee Reviews

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Pros
Cons
  • Long hours so you couldn't enjoy any perks--except the stocked snack room because there was no time to take a lunch break (in 8 reviews)

  • Forget about personal space or anything called work-life -balance (in 4 reviews)

More Pros and Cons

  1. "Senior Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Compass Lexecon full-time

    Pros

    Work-life balance is key for many analysts. Employees are extremely bright. This is a great place to start a career and segway into graduate school.

    Cons

    The industry generally doesn't have the best exit opps outside of school. As at any consulting firm, there are unknowns especially related to career progression.


  2. Helpful (3)

    "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    1.5x overtime hours
    free dinner if you stay overtime
    diversity
    decent comps/benefits

    Cons

    some people are a little too "proud" about simple analyst work
    is very boring if you are not into research or data analysis
    not really intellectually stimulating (really depends on what case you get on, but generally they aren't)

  3. Helpful (6)

    "Senior Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    There can be interesting work and you can learn a lot if you work with the right people.

    The hours are more reasonable, in general, than management consulting or investment banking, but exit opportunities are not a match to either of those industries.

    You will have some very intelligent colleagues.

    There is a good PTO policy.

    Cons

    The promotion process to the 'professional' staff can seem completely inexplicable, with little to no practical advice given on how to reach that level. The skill levels of those promoted vary greatly, leaving the impression that nepotism plays a key role. You may find yourself in disbelief when considering the likely pay of some of your more senior colleagues.

    You are paid overtime, which can be amazing. You can also learn data analysis and programming, but usually SAS or STATA, which is likely not as desirable as say R or Python.

    There are no formal training programs of any kind. They do not comp education. The skills of its alumni thus vary greatly.

    The work is not innovative.

    Few people will take an interest in your career progress.

    You have to know who to work for to fully develop.

    Advice to Management

    Develop the research staff.


  4. Helpful (4)

    "Fairly good first job out of college"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Good perks- weekly lunch, overtime, food and cab when working late and on weekends. You learn a decent amount when working on cases.

    Cons

    There's not a ton of transparency. Staying on and promotion seem to be very much based on the number of mistakes you make, rather than the amount of good work you put in. Perhaps relevant mostly to me, work seems to fluctuate rapidly from absolutely no work to working overtime, which makes life hard to plan out.


  5. Helpful (1)

    "Great company to develop a career"

    StarStarStarStarStar
    • 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.


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

    StarStarStarStarStar
    • 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.


  7. "Great Place to Start as a Young Professional"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Very friendly work environment for junior professionals. A lot of exposure to high profile cases. People care about you and recognize your talent. If you prove you can handle it, you'll get extra responsibilities.

    Cons

    Cons that are common to the industry apply.

  8. "General"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Smartest people you would ever work with

    Cons

    Company culture is somewhat strange


  9. Helpful (1)

    "Great place, hard work"

    StarStarStarStarStar
    • 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...


  10. "Great upward mobility for hard workers!"

    StarStarStarStarStar
    • 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.


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