Novantas Reviews in New York City, NY | Glassdoor

Novantas New York City Reviews

21 reviews

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New York City, NY Area

3.3
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Dave Kaytes
4 Ratings

21 Employee Reviews

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  1. "Great place to work with lots of headroom to grow"

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

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

    Pros

    Work is interesting
    Clients are engaged
    Co-workers are smart
    Office is in midtown

    Cons

    Sometimes travel can be a burden
    Tight deadlines to deliver
    Usually need to do some work on the weekends

    Advice to Management

    Add more diversity within top management
    Make contracting faster and easier
    Minimize management reporting overhead (timesheets etc)
    Improve our CRM system so we have more visibility into what everyone is doing with clients


  2. "Associate Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY

    I have been working at Novantas (Less than a year)

    Pros

    intellectually stimulating and very smart colleagues

    Cons

    No structured mentorship and have to self teach


  3. Helpful (3)

    "No potential for Growth/Limited opportunities"

    Star Star Star Star Star
    • 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
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Novantas (More than a year)

    Pros

    Health Benefits/401K benefits. Can work from home.

    Cons

    Room for growth takes awhile. Managers don't recognize potential in individuals looking to take on more responsibiity. Pay is way too low for the amount of work performed. Extremely long hours. Pay is monthly instead of bi-weekly. Overcrowded office. Turnover rate is extremly high because of high stress. Management does not listen to it's employees. The HR department is an absolute joke and does not respect the employees. They are not willing to help you with problems.

    Advice to Management

    recognize the good employees. Fire everyone in HR and get new HR staff. Need more work/life balance opportunities. Less stress and pressure


  4. Helpful (1)

    "Tough but interesting"

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

    I worked at Novantas full-time (More than 10 years)

    Pros

    Good client list
    Interesting problem solving based work
    Good compensation with benefits package
    Firm is still growing and likely to continue to do so

    Cons

    Long hours with little work life balance
    Aggressive promises to clients sometimes means teams are stretched thin
    Nature of the business means lots of travel


  5. "Great atmosphere, low cognitive demand"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Junior Associate in New York, NY
    Former Employee - Junior Associate in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Genuinely felt like an employee driven company. All the upper management hails from First Manhattan, where they took the company's pittances and re-organized around new principles. They really seem to enjoy it, as well.

    Cons

    Wasn't really sold on the value add given to clients. Retail bank consulting is cut and dry. Office technology is out of date, and employees (even UM) have to do a lot of the administrative work that's normally sent elsewhere.

    Advice to Management

    Re-up on your technology and products business if you want to stay competitive -- and do it fast


  6. "Summer Intern"

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

    I worked at Novantas as an intern (Less than a year)

    Pros

    Small and fast growing firm with opportunity to step up and learn very quickly

    Cons

    Poor compensation package (retirement) and salary not comparable to other brand name competitors
    Poor feedback and internal culture and structure


  7. Helpful (6)

    "Frat boys swindling banks"

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

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

    Pros

    I survived. And the pay was reasonable, considering that the company produced nothing of value.

    Cons

    Unintelligent people shamelessly groping after money, committing crimes against the disciplines of mathematics, statistics, logic, and software development along the way. I once saw an associate complain to a receptive audience that a cleaning woman had "the audacity" to make herself a cup of coffee with their expensive instant espresso machine. This company embodies everything that is wrong with both our economy and educational system.

    Advice to Management

    Sell your horses and yachts, learn to read, find something less depressing to do with yourselves.


  8. Helpful (3)

    "probably better to go into banking instead"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate in New York, NY
    Former Employee - Senior Associate in New York, NY
    Doesn't Recommend
    Negative Outlook

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

    Pros

    the other associates. little travel.

    Cons

    managers, directors, but not partners

    Advice to Management

    if you're going to work your associates like bankers, then pay them banking salaries and bonuses


  9. Helpful (1)

    "Okay company, but better options available for academic elite"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY
    Doesn't Recommend
    Negative Outlook

    I worked at Novantas full-time (More than a year)

    Pros

    -the pay. raises are very generous, and bonuses are as well when the company is performing well.
    -some partners are very intelligent - particularly the ones with an MBA from a top-5 school. not saying it's a cause-effect relationship, but it just seemed the two bosses I had who had those MBAs really knew their stuff
    -less travel than other consulting firms

    Cons

    -having to learn SQL in essentially a week
    -very demanding hours; managers are rather unconscious of analyst burnout and will push you as hard as they can even if the work is sometimes unnecessary or excessive
    -virtually non-existent training program
    -working on weekends when you get an email on your phone (which happened a lot, unfortunately..)
    -working in a declining industry that is undergoing quite a bit of disruptive innovation (which usually is a good thing, but not for the established banks - and Novantas doesn't consult for Square, Paypal, or other companies innovating the payments and retail/commercial banking industries)
    -company growth has stabilized and was starting to decline
    -being exposed to only one industry; other consulting firms like Bain, BCG, & McKinsey will give you exposure to various industries, keeping your future career prospects more open. (they also provide better hours)

    Advice to Management

    keep your analysts happy (with more than just pay), or they will all leave for better opportunities. i left after getting an offer from Bain..


  10. Helpful (1)

    "First job out of undergrad; learned solid business analysis skills"

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

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

    Pros

    Small project teams allow you to learn a lot quickly

    Cons

    Small company = less brand recognition and general infrastructure. Projects get repetitive.

    Advice to Management

    Analyst burnout is something to be monitored


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