Good/Bad - depends on your MD and what project you are assigned to - Consultant BearingPoint Employee Review

3.0
6 Feb 2009
Recommend
CEO approval
Business outlook

Pros

BearingPoint is a great starter job for individuals fresh out of college or new to the consulting industry. You will see a lot of young faces. The company makes a good deal of effort with connectivity events like happy hour. Personal time off (PTO) is pretty good. I get four weeks of vacation which is great and you are allowed to carry over 125% if you don't use it all into the new fiscal year. There is work flexibility, at least on my engagement. Not a huge cut throat type of environment. People are friendly and helpful. Mentor program isn't too shabby either. Employee discounts pretty decent.

Cons

IGreat place to start a career, but not great for those who have been around. BearingPoint is not great about matching your skill sets with what you want to do in your career. At times it feels more like filling a position with a body so that the revenue can start coming in. This is a huge dissatsifaction and why people leave. Attrition is rather high. Management is aware of this. Promotion is decent up until you reach senior consultant, then it gets very competitive. BearingPoint's HR policy on performance reviews and promotion is, to put it simply, retarded and demoralizing. It's all about who your managing director favors. I have worked on one account where 90% of the managers under a manager director were all female and then on another account where the managing director primarily promoted men. Bonuses are no longer given to everyone. Only a select few who had extremely high ratings on their reviews and of course there is a strict quota on how high you can rate someone. High ratings generally go to managers and above because it's their thinking that management puts in more effort and hours in comparison to their worker bees. They may bring in the work, but we deliver on their promises. On the financial side, BearingPoint is still figuring out their debt issues. Another issue is that BearingPoint is very inconsistent with their policies especially in the Public Sector. Their policies seem to change monthly. 401K stinks. They only match 25 cents to the dollar. There is no tuition reimbursement. They just got rid of mid-year promotions. I have to wait another year to get promoted.

Explore other reviews about BearingPoint

5.0
25 May 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I loved working there when I did.

Cons

It had too much debt in the end.

avatar
BearingPoint Response
1y
Thank you for your review. You refer to a different company, namely BearingPoint Inc. Our company, BearingPoint headquartered in Europe, has been a separate legal entity and conducted a management buyout in 2009. Its development since then is very positive, see our Annual Report: https://www.bearingpoint.com/files/BearingPoint_Annual_Report_24.pdf
1.0
3 Apr 2025
Recommend
CEO approval
Business outlook

Pros

Good pay, good location, other employees are good to work with.

Cons

This organization is deeply mismanaged. The four U.S. partners are consistently at odds with one another and unable to collaborate, often dragging employees into their conflicts. The lead U.S. partner regularly makes inappropriate, sexist remarks, despite being a father to daughters, creating a hostile environment. Employees are encouraged to report issues to HR, but concerns are routinely dismissed, and no meaningful action is taken. Speaking up only puts a target on your back, several employees who voiced concerns were included in subsequent rounds of layoffs. The global leadership team is fully aware of the ongoing dysfunction, especially at the partner level, yet chooses to ignore it in favor of their own career advancement. This lack of accountability at every level makes for an incredibly toxic and demoralizing workplace.

6
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