Company: Deloitte
Date: 2008-08-01
Overall rating: 4/5
Employment status: current

Good place to work
Pros: MBAs start as Consultants or Senior Consultants.  The career path is Senior Consultant ? Manager ? Senior Manager ? Partner.  It takes approximately 3 years to be promoted from each level, but early promotions are available if the candidate is ready.  Deloitte, like other consulting companies, uses an up or out career strategy, where if they feel that you will never make the next level, you will be asked to leave the firm.  Deloitte does not allow an employee to sit at one level for their entire career.
They employ an up or out strategy to ensure that promotions are handed out timely.
Cons: Work life balance is difficult.  You are asked to work a lot of hours depending on the client needs.  If you are working in ERS, you are also asked to work a busy season for 4 months out of the year.  During this period you are forced to work a minimum of 50 hours a week.  However, many people work more than 50 hours during this time period.  
You also cold spend a lot of time traveling to various locations for client work.  

However, management does try to be very flexible and accomodate your personal needs as much as possible...