Deloitte

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  www.deloitte.com
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Good opportunities to work with major companies... Lots of travel

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - S&O Consultant in Chicago, IL (US)
Current Employee - S&O Consultant in Chicago, IL (US)

I have been working at Deloitte full-time (more than 3 years)

Pros

Great interfacing opportunities in Deloitte S&O
Can do well if you are great w big politics
Lots of SPG points :)
Insight into the operations of some of Americas/the worlds biggest companies -- helps to understand future idea of success

Cons

Can be very long hours -- Mondays are rough leaving for the airport at 4am, getting to the client on the East coast at 9EST and working until 10pm...
Sometimes your work is done for the sake of the contract...and isn't that meaningful
Beware of major implementations... Personally haven't found myself in this situation but Deloitte is known for body shopping people for 2+ years on boring implementations (especially S&O healthcare work).

Advice to ManagementAdvice

Appreciate staffs typical very high effort and dedication... It is disappointing to continuously hear good performance is impossible to attain... This is not sustainable motivation even for the most motivated of individuals

Recommends
Neutral Outlook
Approves of CEO

6951 Other Employee Reviews for Deloitte (View Most Recent)

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  1.  

    Good company to work with especially for freshers.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Analyst in Hyderābād (India)
    Former Employee - Senior Analyst in Hyderābād (India)

    I worked at Deloitte full-time (more than 5 years)

    Pros

    Work-life balance, good working environment with little stress. amazing infrastructure and facilities provided.

    Cons

    No growth. Salary is not up to the market standards.

    Advice to ManagementAdvice

    Provide growth opportunities to employees.

    Recommends
    Neutral Outlook
  2. 9 people found this helpful  

    (Deloitte US) Blackmail of Staff to Perform Work for Free, 'Rank and Yank' HR Practice

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Meaningless Title in Washington, DC (US)
    Current Employee - Meaningless Title in Washington, DC (US)

    I have been working at Deloitte full-time (more than 5 years)

    Pros

    Culture of excellence, awesome career challenges, work with best in class peers, some inspiring leaders, and competitive benefits IF you miraculously worked 40-45 hours; (see CONS)

    Cons

    Where to start How about with my headlines.
    Most places expect you to work 40 hours a week. Some places a bit more.
    Few have have leadership (PPDs) who make an *average* of $600k annually, but blackmail junior staff (who make a tiny fraction of PPD income) into working for free by calling it a "Firm Contribution". Pardon?
    Contributions are what feed the poor, house the homeless, and teach struggling kids. Deloitte made $30 Billion (USD) last year. The partners are the least in need of a "contribution" . Yet if staff fail to make this 'contribution' they will either not get promoted, or they will be shown the door.
    Contribution used to be based on number of hours, but is moving to "impact" namely how much money did your slave labor bring into the firm? If the impact isn't great enough, if you didn't "contribute" enough, (regardless of other performance metrics) please bring your badge and laptop to a meeting with HR.
    So maybe you make $140k, but if you tally it up against the hours asked of you, you really only make $75k versus working for a sane, ethical organization that doesn't extort free work from you.

    I'll save some text here; Google "Rank and Yank" to understand how HR and evaluations work. 10% are cut from Deloitte annually, no matter what. I've had some awesome couselees kicked to the curb because they missed some minor metric, even if overall they were star performers. It makes for both a revolving-door culture for most people, and as noted in some other reviews, nepotism for the folks who want to get to PPD.
    You will not make it to partner based on performance and client reviews, or even your book of business, unless you trip over some multi-million dollar opportunity. *WHO YOU KNOW* rules, and even that won't save you if you miss bare-minimum metrics, like "firm contribution".

    Lastly, if you are at all 'different', that is creative, innovative, bold, interesting, tattooed, pierced, artsy, talented in a niche, or otherwise don't look like the shiny happy faces you can see in Deloitte-posted videos, don't bother.
    They (honestly) do accept LGBT and folks of all colors/ancestry with grace and blind eyes. HOWEVER: Deloitte hires, retains, and promotes people who 'look'/think' like Deloitte. They want to claim to be 'innovative' and 'bold', but their DNA is an AUDIT/RISK FIRM, a TAX firm, and a FINANCIAL ADVISORY firm, even if they also do some consulting. Do the math. BEANCOUTER MENTALITY prevades. If you question the system enough times, or think you know a better way to do something, just bring your badge and laptop to a meeting with HR.

    There is no Hawaiian-Print Shirt Day, however you WILL be required to work, errr... ummm, I mean "volunteer" on some of your holidays to either do commuity service, or come to the office for all-hands meetings.
    Other reviews eloquently cover most of the ugly under-belly of this rat in shiny green-dot clothing. I spent seven years with Deloitte, and can tell you, she is most beautiful when viewed in the rear-view mirror, receding like a roadside snake-oil saleman in the desert distance behind me. Be warned. Most of the best I knew there have left, and the few that remain are eyeing the door. And God-forbid Deloitte is eyeing your firm for a Merger/Acquisition. Ugh.

    Advice to ManagementAdvice

    Keep doing what you are doing. It was a small iceberg, and the ship is too big to sink. See you in New York in three days.
    Okay, more directly, the PPDs who fought the slice-off of Consulting were WRONG. Consulting should be its own thing, free to innovate, take risks, even piss-off DTTL audit clients. The interweaving of the stone-chiseled AERS, TAX, and FA businesses makes consulting a clunky, stupid, ham-strung business. Further, ditch the "Partner" model. It is simply too slow to make decisions versus heirarchical models. You are swimming in molasses, while other water-ski by. Lastly, ditch the Rank/Yank model. Were are gifted/talented consultants, not widget-makers. a natural ebb and flow of ability, engagement, and performance is normal throughout people's careers. when you cut staff who are underperforming, you free them to apply their highest subsequent performance cycles at a competitor, or worse as a start-up/entrepreneur, with whom Deloitte is just to slow, clunky and bloated to compete.
    DU was the bright spot, though the secret PPD 'penthouse' only confirmed the "us/them" division the partnership model embodies. That model breeds more contempt than trust, more ire than desire to perform. ditch it.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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