Thoucentric Reviews

4.2

90% would recommend to a friend

(219 total reviews)

77% positive business outlook

Thoucentric has an employee rating of 4.2 out of 5 stars, based on 219 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Thoucentric 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

219 reviews
1.0
19 Nov 2020

Stop calling yourself family

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There are no pros of working here

Cons

Poor compensation and work culture No learning at all Clueless leadership Just one major client No hierarchy ,hence no promotion For every stupid thing, they come up with reason that we are a family. Please bear with us

1.0
22 Apr 2022
Recommend
CEO approval
Business outlook

Pros

Work life Balance Good People Okay if you are from a Tier-3 MBA college Good Culture

Cons

1. Literally Zero investment in L&D 2. Zero growth 3. If you are starting your career this firm is not for you. 4. Low salary 5.Company randomly pays bonuses to people ; If they are leaving in 6months- 1 yr after taking bonus. They would send an email saying it is retention bonus and they need to pay back the bonus. - This is one of the most unethical work. Hope you realize. 6. They depend only on 2 clients more than 200 people working in these two clients.

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Thoucentric Response
4y
Thanks for your feedback. We take all feedback extremely seriously and consider it essential to improving ourselves. Thoucentric’s purpose has been to grow as a niche consulting management organisation focusing on personalized experience for clients as well employees. We have grown consolidating the growth of each of our employees in the organisation, hence we believe not in extrinsic motivation mechanisms for individuals but in the freedom for individuals to design their own career paths. We have a Learning Management Framework supported by our edutech partners like Coursera, Udemy etc. The range of offerings is wide however, we regret that you were not able to find your specific learning needs addressed through this. We will definitely take this feedback to explore our scope of offerings further.
1.0
7 Apr 2022
Recommend
CEO approval
Business outlook

Pros

People - The people are good, and cheerful. Probably the only plus amongst a series of negatives

Cons

Policy changes - These are rampant and are formulated to avoid payouts to those who are on payroll, but have resigned, or those who recently resigned Attrition - The company has seen attrition. And attrition of good people, the ones you look up to, the kind that makes you wonder why they are leaving. Also, resignations of senior folks is typically kept hush-hush, a direct indication of a lack of transparency Salary and compensation - Forget best-in-class, they dont even match what the industry has to offer. Compensation gets credited on the 1st of the next month. Food cards are issued several months, and on a few counts a quarter after you join. The food cards that are issued are loaded by the 15th of the next month. HR and admin lacks direction. Growth - This is non-existent. Under the guise of a flat hierarchy, nearly everyone carries the designation of a consultant or a program manager. Minimal guidance is provided during annual appraisal (which is conducted basis the whims and fancies of practice leads) on the path to career growth. Questionable standards set by the founding members who between them have close to 100 years of collective experience. IT - The laptop crashes very often. Not because there are high-complexity applications that consume the memory. Even if you were to open Microsoft teams and a PDF together, you would have to deal with a non-responsive device. Leadership - Lacks clarity, focus and resolve. For a startup that is 7 years old, they dont operate transparently. The vision for the next year is never communicated. All hands meetings are usually for small talk about big wins, when the fact of the matter remains that nothing is seen in action during business as usual. Not once have they discussed quarterly or yearly revenues, or the target for the next year. For a company that is in the business of client service, this seems shallow at best. Projects and clientele - Extremely high dependency on a handful of clients. This has an extreme risk element for those who join Thoucentric. The standard consulting metric of utilization for the company overall would be no more than 60%. It is laughable that many senior folks, with 10+ years of experience have not been on a single project despite being here for 6+ months. Quality of work - Project management summarizes 70% of all work that is undertaken. There is no focus on developing "marketable" skills amongst employees. Case in point is the DMS implementation for an FMCG major. Overall, I would recommend that irrespective of where you are in your career - Stay away. If you are a B-school grad, there will be no skills you will develop. Those industry veterans with 7-10 years of experience will realize that this is a place where you warm benches. The leadership lacks direction and is very content with the pace they are treading at.

avatar
Thoucentric Response
4y
Thanks for your feedback. We take all feedback extremely seriously and consider it essential to improving ourselves. We look forward to meeting all our folks in events as frequently as we can, Our Monthly Meetings are also one such forum for sharing Thoucentric Business Updates(Financial and People Updates) and we look forward to everyone sharing the podium to ask questions, share their views and exchange ideas. While being a flat hierarchy Thoucentric invests in people growth through competency grids and growth frameworks which is a holistic approach tool for our employees to enhance their professional growth. As again we believe in our copyrighted framework to drive this through intrinsic motivation mechanisms for employees to have custom-designed growth opportunities.
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Glassdoor has 227 Thoucentric reviews submitted anonymously by Thoucentric employees. Read employee reviews and ratings on Glassdoor to decide if Thoucentric is right for you.