FTI Consulting

  www.fticonsulting.com
  www.fticonsulting.com
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FTI Consulting Reviews

Updated 28 September 2014
Updated 28 September 2014
192 Reviews
3.2
192 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
FTI Consulting President & CEO Steven H. Gunby
Steven H. Gunby
9 Ratings

Review Highlights

Pros
  • Better pay than the Big 4, good work-life balance, opportunities for career progression (in 13 reviews)

  • You learn a lot from an incredibly talented group of people (wish they did a better job of making them want to stay) (in 6 reviews)


Cons
  • Little professional development beyond informal day-to-day management; little work-life balance (in 23 reviews)

  • The senior management team does not care about the career deveopement of their staff, nor do they seek to train them (in 11 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Interesting Work

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FTI Consulting

    Pros

    Value young employees; a lot of interseting work

    Cons

    No cross-sector work. You stay in the group you are in and have minimal authority on what projects you eventually get.

    Advice to ManagementAdvice

    Rotate young level employees if you want them to stay at the firm. Provide incentives for work across groups.

  2.  

    When law firms need financial records, they need people like us to go through databases and hard copies and compile them

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

    I have been working at FTI Consulting full-time for less than a year

    Pros

    Flexible work schedule, quarterly bonus based on billable hours in excess of targets, solid technology skill set, larger than average annual salary increase, large variety of projects

    Cons

    Little grad school assistance is offered. Lots of redundant work sometimes stretching several days doing the same thing. Boring office environment. Very little work culture.

    Advice to ManagementAdvice

    Add more formal training and 1 on 1 teaching/mentoring. There are other activities that should result in bonuses other than just Billable hours.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Managing Director
    Current Employee - Managing Director

    I have been working at FTI Consulting full-time for more than 3 years

    Pros

    Exciting and interesting work, dynamic environment, very intelligent colleagues, I learn something new everyday

    Cons

    travel, long hours including weekends, and tight deadlines. Internal support structure needs improvement (HR, AP, etc...)

    Advice to ManagementAdvice

    Keep up what you're doing right and look internally to adopt the best practices that are positioned to clients

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Good company for work life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Engineer  in  Seattle, WA (US)
    Current Employee - Senior Software Engineer in Seattle, WA (US)

    I have been working at FTI Consulting full-time for more than a year

    Pros

    good environment
    small teams
    good technical challenges
    encouraging environment

    Cons

    not a big name in technology like Microsoft or Amazon
    Not many benefits besides salary

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    FTI Consulting is a group of highly talented individuals who love to win.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director  in  Fortaleza, Ceará (Brazil)
    Current Employee - Director in Fortaleza, Ceará (Brazil)

    I have been working at FTI Consulting full-time for more than 3 years

    Pros

    FTI's allows talented consultants to thrive. Find a project and FTI wants to be in the business. The international practices are dynamic and growing.

    Cons

    Limited sharing of information reduces chances for personal development.

    Advice to ManagementAdvice

    Consider innovative ways to cross train employees and share information between team and practices.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    The definition of "Old Boys Club"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Annapolis, MD (US)
    Current Employee - Anonymous Employee in Annapolis, MD (US)

    I have been working at FTI Consulting full-time for more than 5 years

    Pros

    The pay is decent. The medical and 401k benefits are competitive. Some of the people you work with are really nice people..

    Cons

    The only way to get any promotion is to go out drinking with your boss. Friends and golf buddies are promoted and rewarded ahead of all others. Raises and compensation are skewed similarly.

    Advice to ManagementAdvice

    As if you'd listen anyway...as long as a profit is being turned, management does not care what happens to the employees.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 2 people found this helpful  

    Great learning experience, awesome people, decent work/life balance, average pay

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

    I worked at FTI Consulting full-time for more than 5 years

    Pros

    Pros – young, energetic culture, strong senior management, interesting projects, good overall benefits package:

    1) Most offices and segments hire directly on campus, which is great in promoting a positive and fun culture and great learning environment
    2) It probably depends on your group, but the senior management in my group was awesome, I felt like they truly looked out for my personal and career growth, as well as work-life balance… open-door policy 24/7
    3) While you may get stuck on a boring project every now and then, most of the engagements are challenging, stimulating, and featured on the front pages of WSJ and CNBC, and you often feel like you’re making an impact doing real work
    4) I felt the overall comp was roughly market average, but they have generous non-pay benefits like PTO, 401K, health, nice company dinners, golf outings, ball games, happy hours, holiday parties, etc.

    Cons

    Cons – many of the drawbacks of working for a large public company: misaligned corporate policies, poor bonus structure, rigid pay bands and promotion schedules:

    1) Strict comp and promotion schedule complaints seems to be a common theme in the con reviews at FTI—the incentives are poorly aligned by corporate. For example, once after a stellar mid-year review I was told I was currently performing better than individuals at the position above me, but that I had to wait 9 months until April 1st when corporate approves all promotions together. Then, once you’re promoted, you have to wait your X number of years until you’re due up again … there’s really not much incentive to work hard in a non-promotion year since you’re not really working for a bonus (see below). Another time, after another year of great reviews, I was told “your market rate is probably $X, but corporate does not allow someone of your title to make that much, so we had to settle for $X - $7,000”… again, what kind of incentive is that to perform well if promotions and compensation are set by corporate in a pre-determined schedule and not completely merit-based?
    2) When you’re part of a corporation appeasing shareholders, there will always be some expense watching and profit sharing. Despite the fact that I was in a strong-performing group (FLC), there were other groups that were shrinking (Corp Fin, Tech), or constantly writing down millions in goodwill (Strat Comm). So when you hear your segment lead cheerleading “record revenue, record EBITDA, record growth!” quarter after quarter, don't expect to see that reflected in a record paycheck.
    3) This is not banking, do not expect much from your bonuses. Part of the bonus structure essentially pays you quarterly overtime based on utilization, but since that is largely out of your control, it rarely ever works out. I can’t tell you how many times I got boned working long hours for 10 straight weeks only to sit on the bench for the last 2 weeks of the quarter because the client was away on summer or Christmas vacation and I wound up with nothing. Also, little petty things, like they refused to pro-rate or pay my bonus when I left to get my MBA because I was not going to be at the firm the day the checks were paid.... even after I earned it working until midnight every night and flew cross-country for a client project for 10 weeks straight. The other portion—annual bonus—is an absolute joke if you’re below management-level… let’s just put it this way: the signing bonus I received as a 21-year college student wound up being the largest bonus of my 5+ year career at FTI.

    Overall, I would call the comp structure "reactionary"... your pay would usually lag the market or your value for a little while, and then their would be a correction to bring you back to about average.

    Advice to ManagementAdvice

    I can't really comment on the top-upper management (i.e. C-suite), because they're all brand new in 2014 and I haven't yet had time to observe them, but I would say try to fix some of these archaic corporate policies... other firms seem to adapt to the changing consulting environment so much quicker than us. For the mid-upper management (i.e. segment leaders), keep up the good work.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Great Experience

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FTI Consulting

    Pros

    Everyone gets things done efficiently and works together in the recruiting department

    Cons

    many of the team members worked remotely

  10. 2 people found this helpful  

    Great People, however Work/Life Balance Needs Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Consultant
    Former Employee - Senior Consultant

    I worked at FTI Consulting full-time

    Pros

    FTI pays quite well, has great benefits, understanding management, and high profile engagements to work on.

    Cons

    Although management is very understanding and great to work with, the Work/Life Balance is pretty awful (as is with most other firms in the industry).

    Advice to ManagementAdvice

    Management needs to reward their staff in greater amount for loyalty and efficiency. They should also work on developing their consultants / senior consultants by cycling on and off engagements with different scopes of work.

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    "Secret" Consulting Company

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at FTI Consulting

    Pros

    People are very friendly and the company cares about its employees. Hours are flexible and employees can work from home.

    Cons

    Work is demanding and is suited for people who can handle high stress. Little flexibility to switch departments. Several offices in New York but the main office is located in Times Square.

    Approves of CEO

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