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Vault Message Board: BearingPoint

Topic Name: Why Do We Stay?
Message Name: Agreed
Date Posted: 01/11/2006
In Reply To: Why do I stay, even though I was here back when raises were large Partners ruled: I stay because the opportunities to grow your career are still available. *IF* you grow, and I have grown revenue, you will be promoted and recognized. I stay because despite what people think, at least in my area, our salaries are among the highest of our competitors and raises are average of our competitors. I stay because their is some autonamy as to how you run your business. I stay because there is no glass ceiling and you do not need to wait for someone to retire before moving ahead in your career. I stay because I like the people I work with. I stay because I knew BearingPoint didn't know how to go public properly and there would be some huge issues. But, I believe if you have a long term focus, the company would be allright. We still have a lot of smart people doing a lot of the right things for clients and that, in the long term, will work out for us. I stay because Harry You is making tough decisions that employees don't like over the short-term, but if you have a longer view of the World, will benefit us in the end. I stay because the grass is always greener. I am not an apologist for BearingPoint. They have screwed things up royally. They have made bad decisions and, for the most part, do very little to incentize employees right now. Additionally, the benefits - while not horrendous - are not great. But I've worked for enough other companies to know there is no perfect situation. And while the company has issues, they have a structure that I like to be a part of.
Message: Great work, good pay, good people. If the company makes it, great opportunities for advancement and $$. With every risk there is reward. What's the risk of staying? The risk of leaving is higher, and I doubt I'll get paid enough to compensate for that risk.

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