Company: Deloitte
Date: 2014-11-11
Overall rating: 3/5
Employment status: former

Massive client base, very siloed, not a great place for experienced hires, pretty good for early career
Pros: Large, diverse client base across practically every sector and industry. Intelligent, hard working people (though not always necessarily the best fit for the projects). Lots of opportunities to grow and try different industries, as long as you can get staffed. Trying to expand into new areas, but doing so can get bogged down in internal politics. Great for people early in their career to gain exposure and skills...
Cons: ...but, if you're an experienced hire in the non-Audit business lines, getting staffed on projects can be difficult because you a) don't have the in-house connections to bring you up within the firm and take you along on their projects (unlike recent college grads); b) are more expensive than 24-yr old Consultants, so PMs would rather take them instead of cutting into the project finances too much; c) no one wants to share the managed revenue, or d) a combination of the above. Outside of Audit, this causes many mid-career experienced hires to leave the firm within less than 18 months (many within less than a year, some in as little as six months), especially once they realize it's virtually impossible to make Partner/Principal/Director through internal promotion these days (outside of Audit, most seem to be brought in as external hires). Compensation has been pretty weak also, mainly because the firm has low-balled a lot of talent hired after the financial crisis (another reason top new experienced hires keep leaving). Also, the firm is way too siloed across business units.