FTI Consulting Reviews in Chicago, IL | Glassdoor

FTI Consulting Chicago Reviews

Updated April 3, 2017
16 reviews

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Chicago, IL Area

4.1
Star Star Star Star Star
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FTI Consulting President & CEO Steven H. Gunby
Steven H. Gunby
3 Ratings

16 Employee Reviews

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Pros
Cons
  • Poor work/life balance; Information isn't shared well amongst staff; groups tend to work in Silos and benefits vary greatly across practices (in 39 reviews)

  • Most of the projects requires working long hours (in 28 reviews)

More Pros and Cons

  1. "Wonderful"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Chicago, IL
    Former Employee - Consultant in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at FTI Consulting (More than 3 years)

    Pros

    Great Culture
    Great People
    Exponential Growth

    Cons

    Benefits could be better
    travel could be less


  2. "Senior Consultant"

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

    I have been working at FTI Consulting (More than a year)

    Pros

    FTI is a great place to grow your career. Lots of great people with knowledge and expertise that they are willing to share.

    Cons

    Culture is seriously lacking. Work can come in ebbs and flows and in the flows you work so much that you get burnt out but in the ebbs you will be very bored. You are also evaluated on utilization which can be tough when it is not always in your control.


  3. "Overall solid experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Director in Chicago, IL
    Current Employee - Senior Director in Chicago, IL
    Recommends
    Positive Outlook

    I have been working at FTI Consulting full-time (More than 8 years)

    Pros

    Lots of opportunity to work on important, difficult problems. Many great coworkers - smart and hard-working. Lots of freedom to make your own path.

    Cons

    Long engagements can wear on teams and morale, and there's little effort to try to break up the monotony. Promotion / career path is more rigid (time-based) than management would like you to believe. Results in lack of motivation in younger staff to push and achieve.

    Advice to Management

    Worry less that people will leave if they aren't promoted with all of their peers. Find a better long-term strategy.


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  5. "Senior Tech Consultant"

    Star Star Star Star Star
    • 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
    Recommends
    Positive Outlook

    I have been working at FTI Consulting full-time (More than a year)

    Pros

    salary, company culture, location, international travel

    Cons

    Never truly not "on call"

    Advice to Management

    Do not bug people during PTO


  6. Helpful (2)

    "dog eat dog"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Managing Director in Chicago, IL
    Former Employee - Managing Director in Chicago, IL
    Recommends
    Positive Outlook

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

    Pros

    Winner take all culture rewards those who overachieve. Management is looking to groom future senior managing directors, not coddle recent graduates.

    Cons

    Even if you are great at "doing" you better start building relationships day one. After a couple years, if you are not part of the new business funnel then your career will meander around the permanent director parking lot.

    Advice to Management

    Take a longer term view across cycles in terms of retaining (paying) your up and comers. Outside hires don't survive in this culture and too many One rated performers walk when their business unit has a bad year / bad bonus pool.


  7. Helpful (2)

    "Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook

    I worked at FTI Consulting full-time (More than 3 years)

    Pros

    Good benefits, good salary, decent support from management.

    Cons

    Big corporations always have that layer of inert mass that makes it hard to get things done sometimes. Culture is a little stiff.

    Advice to Management

    Get onboard with working remotely,


  8. Helpful (5)

    "FTI Full of Potential; Talented Colleagues; Great Clients"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Director, Strategic Communications in Chicago, IL
    Current Employee - Managing Director, Strategic Communications in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at FTI Consulting full-time (More than 8 years)

    Pros

    You are exposed to a WORLD of clients in every imaginable sector from law to corporate to finance to healthcare to energy to manufacturing/retail. Point to the WSJ any given day, and our clients aren't just featured...but usually a matter/case/engagement on which we're working with them. And unlike Big 4 or other traditional agencies, FTI allows you a great deal more creativity and input to the engagement than you would in a cookie-cutter agency/firm approach.

    Cons

    Typical consulting cons: tough work/life balance, annoying politics, questionable promotions and acquisitions/hires make valuable talent walk out of the door in frustration as a result. Retention is a key issue for FTI right now.

    Advice to Management

    Retain, Retain, Retain. You've got the clients, you've got the talent, find a way to make people stay.


  9. Helpful (1)

    "When law firms need financial records, they need people like us to go through databases and hard copies and compile them"

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

    I have been working at FTI Consulting full-time (Less than a year)

    Pros

    Flexible work schedule, quarterly bonus based on billable hours in excess of targets, solid technology skill set, larger than average annual salary increase, large variety of projects

    Cons

    Little grad school assistance is offered. Lots of redundant work sometimes stretching several days doing the same thing. Boring office environment. Very little work culture.

    Advice to Management

    Add more formal training and 1 on 1 teaching/mentoring. There are other activities that should result in bonuses other than just Billable hours.


  10. Helpful (4)

    "Not a great culture for non consultants"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    No opinion of CEO

    I worked at FTI Consulting full-time

    Pros

    Great pay, benefits, balance etc

    Cons

    If you are not a consultant and work in recruiting or another smaller "niche" area, you are not embraced.


  11. Helpful (1)

    "Great Great company!company!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Capital Markets Intern in Chicago, IL
    Former Employee - Capital Markets Intern in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at FTI Consulting full-time (Less than a year)

    Pros

    Great Culture, very inclusive of everybody, and they do a great job of taking into account everybody's needs.

    Cons

    Work can be slow and mundane at times;
    Favoritism amongst Senior Directors and Management is common

    Advice to Management

    Keep doing a great job!


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