Company: Deloitte
Date: 2015-01-26
Overall rating: 1/5
Employment status: former
Experience level: Junior

Grinds you up and spits you out
Pros: You learn core consulting and client-facing skills. That's about it
Cons: Where to start? This company is not for someone to come mid-career who already has a spouse and family. This firm is like having three full time/part time jobs and only getting paid for one. The Consulting side requires that you not only work over 90% of the time for the client. But you also spend extra time each week looking for "firm activities"  (PRD hours) for which you will be graded at the end of the year. You may spend 10-20 hours each week searching for Managers/Sr. Managers who have these hours to give. Then you need to do the work...on top of the hours searching...and on top of the extra hours you spend for your client.

Oh and did I mention that there is no minimum metric whereby you have met a standard by which you know that you are going to get a decent review?

But wait...there's more. You also are not judged on your own merits. You are judged on a curve with he rest of your consort (Consultants vs. other Consultants). So even if you perform:

Over 105% of your hours for the client for the year.
Spend 10 hours looking for PRD each week.
And then for the year you end up with 160 PRD hours...

But the rest of your consort does 360 hours. You get downgraded in your review. You could go from a good score to a bad score and then:

1.) Be put on a "PiP"
2.) Have your promotion year extended out 1 to 2 years
3.) Are declared ineligible for any bonus or cost of living increase

Its the kind of thing that happened to me.

The pressure to keep salaries low and screw employees out of bonuses and compensation is great. Just so that the partners can split up the pile of money at the end of the year.