NERA Economic Consulting Reviews in New York City, NY | Glassdoor

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NERA Economic Consulting New York City Reviews

Updated August 7, 2017
45 reviews

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New York City, NY Area

3.8
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Lawrence Wu
10 Ratings

45 Employee Reviews

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Pros
  • NERA gives employees excellent work life balance and flexibility (in 16 reviews)

  • You will be expected to produce high quality output and work with smart people (in 17 reviews)

Cons
  • There is not always a good work-life balance (in 11 reviews)

  • It's a year before you're valued at all by the senior staff (in 4 reviews)

More Pros and Cons

  1. "Good company to work at"

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

    I have been working at NERA Economic Consulting full-time (More than 5 years)

    Pros

    Very nice people to work with; people are kind to help you and the team collaboration is good.

    Cons

    Very little communication between management or between management and the researchers


  2. Helpful (1)

    "Consider the group you're entering"

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

    I worked at NERA Economic Consulting full-time (More than a year)

    Pros

    NERA is run in a fairly decentralized fashion, with each Senior VP handling hiring, business development, and day-to-day operations of his or her team. If you want to know what your experience will be at NERA, you should ask about what working for a specific SVP is like.

    Cons

    Depends on the group (see above). Note that it is somewhat difficult to switch groups after getting hired.

    Advice to Management

    Clamp down on people doing bad research

  3. "Nice"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Senior Management
    Former Contractor - Senior Accountant in White Plains, NY
    Former Contractor - Senior Accountant in White Plains, NY
    Neutral Outlook
    Approves of CEO

    I worked at NERA Economic Consulting as a contractor

    Pros

    Great environment the people are friendly, breakfast every Friday morning..

    Cons

    Accounting Department relocating to Urbandale.


  4. "Great Learning Experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Intern in White Plains, NY
    Former Intern - Intern in White Plains, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at NERA Economic Consulting as an intern (Less than a year)

    Pros

    Staff are accommodating, friendly, and smart. Great exposure to economic consulting work.

    Cons

    Intern experience heavily depends on practice, team, and the particular cases the teams are working on at the time.


  5. "Winter Securities Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Security Consultant in New York, NY
    Former Intern - Security Consultant in New York, NY
    Recommends
    No opinion of CEO

    I worked at NERA Economic Consulting as an intern (Less than a year)

    Pros

    - It has an academic environment. If you are the type of person who enjoys academic research and quantitative analysis, this is the place for you
    - The New York office is quite chilled
    - The company offers good training, including software skills (VBA, R, etc.), communication skills (e.g. how to deliver a good presentation), and so on
    - Supervisors tend to be flexible and understanding when an analyst decides to leave office. Rumors says that they tend to give solid recommendation letters

    Cons

    - Work gets repetitive after a while. Projects follow almost identical procedure, and analyses are very similar
    - Many projects are law-related. This is not necessarily a con, but if you are only interested in the quants and not the law stuff, it can be really dry

    Advice to Management

    Try to diversify the varieties of projects. Introduce or encourage changes to pre-developed analyses methods.


  6. "Associate Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Analyst in New York, NY
    Current Employee - Associate Analyst in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    You generally get to work with highly intelligent people, however stupid always slip through the cracks in the hiring process.

    Cons

    Despite being a firm of economists, NERA struggles to fully understand incentives. As a result. Its ability to procure and retail top talent leaves much to be desired.

    Advice to Management

    Don't let HR push you around and start rating and paying your researchers how you think they should be rated and paid. You are "the powers that be" so quit using that as an excuse for not doing something about what you think is right.


  7. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in New York, NY
    Former Employee - Intern in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good exposure to technical training in Bloomberg, Factset, and Excel
    Sufficient compensation

    Cons

    No team environment, the work is very individual
    Lack of recruiting

  8. "Research Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research Associate in New York, NY
    Current Employee - Research Associate in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at NERA Economic Consulting (Less than a year)

    Pros

    If you want zero percent travel

    Cons

    Some groups to avoid. Huge difference between groups


  9. "Variant"

    StarStarStarStarStar
    Current Employee - Associate Analyst in White Plains, NY
    Current Employee - Associate Analyst in White Plains, NY

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

    Pros

    Collegial environment, chance to do analytic work, many opportunities for learning

    Cons

    Unpredictability of hours, management not invested in improving


  10. "Associate Analyst - New York City"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Analyst in New York, NY
    Current Employee - Associate Analyst in New York, NY
    Recommends
    Positive Outlook

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

    Pros

    -You will be expected to produce high quality output and work with smart people.
    -Everyone will push to help you learn and succeed.
    -The name carries weight and will open the door to many exit opportunities.
    -Wonderful academic culture and people.

    Cons

    -The workload varies by group, but in some groups 70 hour weeks are not uncommon and the workload is often unpredictable.
    -It's a year before you're valued at all by the senior staff.

    Advice to Management

    Improve the work/life balance in order to retain top talent. More structured staffing during a researchers first year to ensure exposure to a variety of analyses.


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