Pros
Management provides opportunity for employees to handle their own business. Management provided opportunity to work from home without much hassle. Training and certification opportunities continue to be available, for example: Lean Six Sigma training, Project Management Professional certification training. The web-based Learning Management System is robust and easily accessible. Management has been very good about articulating the recent shift into bankruptcy. The current financial situation in the company should set the stage for a stronger company when BearingPoint emerges from bankruptcy. The debt situation has been a dark cloud hanging over the company for a long time and once that is lifted there should be more money and resources available to employees and the company as a whole.
Cons
Working on a staff augment project is not recommended. Promotions/raises only happen once a year and occur in February/March time-frame vs. end of year. 2008 bonuses also not announced until March of 2009, to be paid sometime in the summer of 2009. The sectors are very insular, each doing things their own way and not providing much opportunity to move to a new sector. If you start in Public Services, you can plan on being a Public Services consultant for a long time. In general, the life of a consultant is not recommended for individuals who like decision making. As a consultant your job is to provide recommendations and insight that can either be implemented or ignored depending on the mood of the client. Think of it as having all of the responsibility for success, but none of the authority to make it happen.