Company: Deloitte
Date: 2015-08-02
Overall rating: 4/5
Employment status: current
Experience level: Junior

Totally Depends...
Pros: Everything depends on client and placement within the firm. The biggest split in the firm is by "Function". Consultants in Advisory, Audit, or Tax are compensated very differently (less) than Consultants in "Deloitte Consulting". In the Federal sector, work-life balance is mostly good, but this won't apply to other industries. It's difficult to research these different sections on public websites, so talk to several people inside the firm before applying or accepting an offer -- it's the only way to get a sense of what area you are getting into. Such a large firm provides some great horizontal opportunity. If you want to switch industries or move across the country, it can be done (with a little work) without leaving the firm. The size of this firm also provides much greater job security than much smaller consulting firms. A lost bid or contract does not mean your job is at risk.
Cons: There is a wonderful steer-your-own-ship attitude with regards to horizontal movement, but this does not apply to vertical movement. Almost every consultant I've met has been promoted after exactly three years, regardless of ability, and this trend seems to continue up through the ranks. If you work hard to network and continue learning, you will eventually get to work on interesting projects in the field you want, but this does not mean you will be promoted any faster or paid much more. As with any consulting firm, there is a much greater emphasis on business development (sales) and billable hours than quality of work (although I think Deloitte may take a little more pride in quality/brand than some firms). Many aspects of the work-environment are at the whim of the client. Some clients stuff 3 consultants in a cubicle and don't let them park on-site. Others will fly consultants across the country every week with hotel and per diem so that they can spend time with their families on weekends. Again, it just depends.