Company: Deloitte
Date: 2011-02-18
Overall rating: 2/5
Employment status: former

Toxic Environment
Pros: -Some people are great
-Generous PTO
-Plenty of opportunities
-Robust internal administrative tools
-Looks great on a resume
-Good healthcare plans and corporate perks
Cons: -Terrible work/life balance. If you use PTO it negatively effects your utilization. Be prepared to work 60-70 hours a week on average.
-Extremely political. The partners want you to bow down to them in order to advance. 
-The partners are arrogant and elite. A small handful of them are actually nice. 
-Endless junk emails pushed down from all areas of the company. Constant bombardment of extra requirements that add to your workload. 
-All the firm cares about is firm contribution. You can be a rock star with the client, make the firm tons of money but all they care about is the number of firm activities you participate in. 
-The performance evaluation process is tedious and very subjective. Your boss may give you a high rating, but you'll be downgraded by a consensus panel for numerous reasons. 75% of Deloitte Consulting practitioners are downgraded mainly because the partners don't want to give out good pay increases and bonuses. 
-401k plan is a joke 
-The Independence process is slow and painful. We miss out on many opportunities to team with great companies because of it, and lose work as a result.  
-Useless required training (much of the training the firm requires you to complete doesn't even count towards the annual learning requirement)
-Very top heavy, extremely bureaucratic
-Layers and layers of red tape and management
-Broken staffing process
-The firm has lost a ton of lucrative contracts to competitors like KPMG, Booz Allen and Accenture