FTI Consulting - Very Disappointing Experience | Glassdoor
There are newer employer reviews for FTI Consulting
There are newer employer reviews for FTI Consulting

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Helpful (1)

"Very Disappointing Experience"

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

- Overall, great people
- Good training
- Social events

Cons

- Annual reviews are worthless when it comes to raises and discretionary bonus
- FTI and the industry has not been winning interesting cases lately, and this trend will most likely continue
- Lack of interest from both, regional and corporate, in retaining top talent for Consultants and Senior Consultants
- Very easy to get stuck on one project without an defined end date in-sight
- It's a crap shoot when it comes to staffing
- Senior management has been unsuccessful in accurately forecasting business-flow, but are unwilling to adapt

Advice to Management

Quit trying to grow the company through acquisitions. Concentrate on your core segments and learn to grow the company organically. Work on retaining your employees early on. If you only hire director and hire positions from other companies, it will only result in a clash of different cultures. To harp on what someone else wrote, quit putting money into the wrong programs or initiatives. It looks terrible when the Company opens up another HQ in West Palm Beach while they are laying off 10% of its work force in one quarter....especially during a recession where FTI was supposed to to thrive.

Other Employee Reviews for FTI Consulting

  1. Helpful (1)

    "Lack of job security"

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

    Pros

    There are some great managers, but it is really all luck of the draw.

    Cons

    Long hours that don't seem to pay off when promotion time comes around.
    No job security.
    Poor internal communication.
    Career development and adequate training for advancement and skill growth are lacking.

    Advice to Management

    Communicate with your employees.


  2. Helpful (3)

    "Little room for advancement, conniving management, and bad work atmosphere."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Los Angeles, CA
    Former Employee - Consultant in Los Angeles, CA
    Doesn't Recommend
    No opinion of CEO

    Pros

    The salary, benefits, and bonus was very competitive compared to other competitors. Outside of known deadlines, the work was steady so the hours were reasonable and the work / life balance was great. Co-workers on the staff level were very nice and helpful.

    Cons

    Management has little regard for staff level consultants and cares little about professional development or skills you can learn. Consultants often get pigeonholed into working on dead-end projects for years. Staff employees are talked about among management behind closed doors. Company turnover and burnout is quick, as consultants rarely make it past 2 years.

    Advice to Management

    Develop staff level consultants and move them around to different projects so they can improve their skills. Be honest and open with everyone in the company, not just management. Avoid playing obvious favorites, it doesn't help productivity in the office.

There are newer employer reviews for FTI Consulting
There are newer employer reviews for FTI Consulting

See Most Recent

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