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NERA Economic Consulting Reviews

Updated February 23, 2018
121 reviews

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3.7
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Lawrence Wu
32 Ratings

121 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
  • Bad work life balance, especially near cases (in 12 reviews)

  • Work can be tedious at times -- you might be stuck doing data entry for some time, or a boring project can end up running for a very long time (in 4 reviews)

More Pros and Cons

  1. "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 NERA Economic Consulting full-time (More than 3 years)

    Pros

    - Interesting work and meaningful projects.
    - Really nice, helpful, and brilliant colleagues and friendly office atmosphere. Basically you are more or less promoted on a schedule so there's no pressure regarding competing with your colleagues for the same spot.
    - Small company so very little bureaucracy.
    - Good benefits from corporate parent MMC. NERA also offers generous tuition reimbursement.
    - Very fair pay and pay raises.

    Cons

    - Not much of a long term career path for people out of undergrad. There are a few exceptions to people being promoted to senior level positions but it's extremely rare.
    - Work in a very niche field that may be difficult to transfer to another job if you don't plan on going for a PhD.
    - Depending on the team, you might be stuck doing primarily qualitative research and have limited opportunities to develop coding skills.

    Advice to Management

    Quality of work life balance vary significantly team to team. Some teams really overwork and burn out their researchers leading to high turnover and awkward adjustment/training periods for new replacements. The company heads need to step in and stop certain directors from constantly overworking their RAs, just because they are fresh out of school doesn't mean they deserve to constantly work weekends and 60+ hour weeks for long stretches of time.


  2. "A good stepping stone. Burns people out though"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at NERA Economic Consulting full-time

    Pros

    A great way to get started for a first career. Can get some hands on experience working on reports for litigation

    Cons

    Bad work life balance, especially near cases. Can get stuck with pretty boring jobs (data entry, doc review, etc.)

    Advice to Management

    Vary up who gets what types of assignments. Sometimes people would only get quantitative while others would only get qualitative.

  3. "Associate Analyst"

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

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

    Pros

    Will gain vital skills while making great money. Typically, economists are invested in their staff, with a few exceptions here and there.

    Cons

    After a few years, you might want to do other things. Hardly anybody is born to consult forever.


  4. "Awful handline of sexual harrassment complaint"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    Pros

    Smart colleagues and good training for junior staff.

    Cons

    When I worked at NERA, I was inappropriately touched by a senior colleague. I did go to HR to make a formal complaint, and they emphasized to me the importance of my not discussing it with anyone else at the firm. It seemed that the company's top priority was to keep me quiet. I felt very concerned that I was going to be fired. Nothing seemed to happen to the senior colleague who inappropriately touched me. I spoke with other colleagues and learned that others had also had issues with sexual harassment and sexual misconduct of various types, and company management did not appear to take relevant action in those instances either.

    NERA Economic Consulting Response

    Jan 30, 2018 – Director of Human Capital

    NERA is deeply committed to a culture of diversity and inclusion that honors the fundamental principles of human dignity, equality, and mutual respect. Employees are urged to address any concerns or... More


  5. "Great first job"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    - Attain lots of valuable analytical skills
    - Intelligent cohorts and seniors

    Cons

    - Volatile hours depending on which group for which you work


  6. "a"

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

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

    Pros

    Interesting tasks, analytical, flexible, good colleagues

    Cons

    sometimes too early deadline and overwork may be required then


  7. "Good overall experience"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    interesting work, helpful group mates

    Cons

    sometimes have lulls in workload
    not a lot of interaction with other interns

  8. "Research Associate"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at NERA Economic Consulting full-time

    Pros

    Challenging work and smart colleagues

    Cons

    Weak exit opps outside of grad school


  9. "Overall good, but not a good place for everyone in the long-run"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Analyst in Los Angeles, CA
    Former Employee - Senior Analyst in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    - Friendly, collegial environment
    - Seniors are intelligent, talented; some are also very supportive and are good managers.
    - Work is varied and interesting.
    - Training for different programs and analyses are available.

    Cons

    - Work-life balance is tough. Burn out.
    - Moving up in the firm without a secondary degree is very tough.
    - Those who work hard and do well at their job are rewarded with extra work.
    - Some seniors are terrible managers.
    - Bonuses/salaries vary widely by team and are not transparent.


  10. "Associate Analyst"

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

    I have been working at NERA Economic Consulting full-time

    Pros

    Good pay and good coworkers

    Cons

    Long and inflexible hours. Can have many mundane tasks/data entry/document review depending on the case.


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