Company: Deloitte
Date: 2014-06-20
Overall rating: 1/5
Employment status: current
Experience level: Confirmed

Not good if you like working hard
Pros: Well at least in India they pay better than most of the other companies
Cons: This is the only firm that  I know of (I have only worked in one so far) where your actual client work is not given any importance whatsoever. Mediocrity is encouraged and applauded at every step of the way. This is not the firm to join if you want to work hard. 

The policies for review are heavily biased towards PRD (Firm activities, proposals etc). Someone with a 120% utilization and 40 hours of PRD will be rated below someone who has 80% utilization and 100 hours of PRD. This fact is amazing in itself because the revenue is generated from doing actual Client work and not from PRD. Another disadvantage of this policy is that mediocre workers who are not good at doing client work but good at making PowerPoint presentations get a better rating than someone who works hard.

Apart from the ratings system, the year end hikes that you get are a joke. A good rating does not mean that you will get a good hike, there is no transparency in the system. As an example someone who gets a 1 rating may get a lower hike than someone with a 2 rating simply because the HR is highly incompetent. The case above is based on a real life incident where 2 guys started working at the same time after joining from the same college in the same service line, yet the guy with the lower rating got a better increment, needless to say the other guy left the firm.

Another funny thing is the salary discussion system, if you go and argue about the salary that you get, there is no resolution provided by them. If you say that your salary increment was too low they will simply answer that everyone got the same. If you compare someone's salary then it quickly becomes a ethical issue which is then escalated. So irrespective of what you do the salary discussion system was made to not work.

The overall perception that Deloitte is a friendly place which values Work-Life balance is a myth. You are expected to put in extra hours every single day and 99% of the times you won't even be compensated for that except that it will show up as higher utilization during your year end review. The same utilization will not guarantee a good rating though. Overall I think they should start valuing employees for the work they do rather than these other activities which don't really help anyone.