Company: Deloitte
Date: 2015-08-18
Overall rating: 1/5
Employment status: former
Experience level: Senior

Worst of the Big 4
Pros: A consulting career at Deloitte opens up lot of career opportunities when you want to make a move outside of Deloitte
Cons: Deloitte is a sweatshop, company culture is not very different from the culture portrayed at Amazon in the New York time Article. In consulting, the utilization targets are pretty high, add to that travel time and time one is expected to spend in the office and internal firm activities and one will average 50-60 hours a week consistently. This is not a place to work unless you foresee yourself making it to Partner or Director. 
Deloitte is a great place to work if you are right out of college and this is your first job. Deloitte experience looks great on your resume if you are going to apply for business school and get an MBA, and most college grads work here for a couple of years and go get their Business Degrees.
But, Deloitte is not a great place to work for people without a consulting background or people who have been in industry for a long time. Management makes it known that the culture is very competitive and it is survival of the fittest: they openly acknowledge that only a select handful will stay at the company for the long-term and make partner\director at the firm.
Advise to new-hires is not to waste much time at Deloitte. Decide for  yourself in a year or two of joining, if you are in the good graces of your senior leadership and if you can enjoy the gravy train of promotions and raises and be able to work your way up the leadership chain. If not, there are better opportunities outside of Deloitte, you will be wasting your time here with sub-par reviews, raises and opportunities. 
The performance management system at Deloitte is the most burdensome and obnoxious one I have seen in my career. Rest assured that mid-year and year-end reviews will be the most stressful and unappealing time of the year at Deloitte (several Partners and Directors will private acknowledge this as well). 
The ratings are bell-curved on a scale of 1-5 and most practitioners are expected to fall in the middle 70% rating of 3. The highest ratings of 1 and 2 are reserved for the folks that have brown-nosed partners and senior manager through the course of the year. Most folks will be forced into the middle and given the standard 3% raise and a small bonus.The lowest raters of 4 and 5 are typically 'counselled-out' of the firm. Favoritism and nepotism are rooted solid in Deloitte, and, if you not part of the 'in crowd' or the 'old boys club' look elsewhere.