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Edgeworth Economics

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Edgeworth Economics Reviews

3.8

73% would recommend to a friend

(54 total reviews)
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Dr. John H. Johnson

91% approve of CEO

82% positive business outlook

Edgeworth Economics has an employee rating of 3.8 out of 5 stars, based on 54 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Edgeworth Economics employee rating is in line with the average (within 1 standard deviation) for employers within the Management and consulting industry (3.7 stars).

Reviews by job title

54 reviews
4.0
30 Jan 2018

Generally good experience with some reservations

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Edgeworth is a great place to start your career: - You will learn many important skills, both soft skills (such as professional communications, teamwork and keeping your work organized) and hard skills (data analysis and statistical programming, which are very popular these days) - The company has an upbeat, friendly, intellectual and collegial environment (people are pleasant to work with, you will not be yelled at, but that doesn't mean there's no politics) - Bonus for working long hours - Great exit opportunities, especially top MBA programs (Kellogg, Stern, Booth and so on and so forth) - The company is growing rapidly (it's positive in a way, but also means crazy hours) - A clearly defined path of career progression

Cons

- All previous reviews regarding work-life balance are accurate; they can make you stay until midnight every single day for a month because of the demanding clients. Not recommended to people who value work-life balance, especially those with families and small kids. - Highly unpredictable schedule- you might sit around all day and they suddenly give you work at 6 and tell you it's due tonight. Hard to make personal plans for weeknights, even weekends (you might have to cancel dinner reservations and weekend trips). - Many managers are PhDs who are not experienced in managing teams and workflow. Leadership in the manager level is lacking greatly. - Inflexible management- they like to market themselves as a startup-like firm but the day-to-day management is very old-fashioned with rigid corporate rules - Lack of mentoring to junior staff- their philosophy is more like "figure it out on your own, we're all pretty busy here" - Lack of transparency and staff input in company decision making, you feel like you're not trusted by them after all

1.0
12 July 2019

Senior Consultant

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Everybody is quitting so I’m guessing you’re getting more responsibilities and casework from the smaller office size?

Cons

Absolutely one of the worst economic consulting companies out there. Pay is well below industry standard, turnover is super high, and the morale in the entire office is very low. Everybody is thinking about leaving the firm and has been secretly looking for jobs. Half of the consultants in the office left in the past 6 months. Someone left after 6 months of joining the company. Bonus is very little. Hours are very long and brutal. Management doesn’t care about your work/life balance. You’ll have to keep coming in on the weekends and they will tell you literally to cancel all your personal plans. No life outside work. In addition, case work is very limited in scope. You’re not learning or getting as much interesting cases as working in other Econ consulting firms. Edgeworth is only doing Antitrust and IP cases, which is very boring. Work can get very repetitive and dry. You’re working with the same partner for every case. They also play favorite by arbitrarily forcing some made-up office rules on some consultants and everybody is seriously thinking about escaping the office. You can’t point out senior management’s mistakes. Otherwise they will stab you in the back. They all think they have PhDs and are way smarter than you. HRs are very arrogant and irresponsible. Very inexperienced and can’t do payroll, relocation, and other basic operations properly. They are super aggressive towards people. AVOID this company at all cost!

5.0
2 Feb 2019

Perfect Place for a new undergrad

Recommend
CEO approval
Business outlook

Pros

Management is extremely witty at making you feel worthwhile with the salary you make. Management will try their best to increase your salary with inflation, which can make you pay attention to the country's inflation rate. Extremely important for an economist. You get the opportunity of being a perfectionist. You check, re-check, and check again until the last minute of a deadline. I was told that this is necessary to become a great economist. The company will try their best to be on Consulting's Top 50 to emphasize they are the best at what they do. This can improve your understanding of marketing in consulting. Finally, Edgeworth will try their best at making sure you are working hard. Even if you are sick and don't have a doctor's note, they will make sure you go to the hospital and pick up a doctor's note. Or else HR will give you a call. With good monitoring, junior consultants develop a good habit of making sure not to call in sick.

Cons

None. Edgeworth is perfect at what they're doing!

Viewing 1 - 3 of 54 Reviews

Glassdoor has 64 Edgeworth Economics reviews submitted anonymously by Edgeworth Economics employees. Read employee reviews and ratings on Glassdoor to decide if Edgeworth Economics is right for you.