| Topic Name: |
BE is a good place |
| Message Name: |
Good Grief |
| Date Posted: |
02/09/2006 |
| In Reply To: |
The problem isn??t that BearingPoint is worse than any other consulting company. The problem is that the entire Consulting Industry is in shambles. We used to have the Big 5 and they were able to charge top dollar for a team made up of recent grads to go into a corporation, learn its structure and ??advise?? them on process improvements and the like. Today, we send in 15 techies and a manager, charging 30% of our bill rates to do ??integration??. There isn??t much fun left in the gig anymore. On top of that, industry is now matching (exceeding in many cases) consulting salaries and the idea of ??up or out?? has gone away too. You can no longer count on being promoted every two years if you are a top performer.
The reason that everyone is complaining about BE is the same reason they are complaining everywhere else: if the work is going to suck and there is no status left in being a Consultant, then we had better be paid well above industry. The people leaving might claim any number of reasons but it??s always about money. The All Hands calls always point to ??..a lack of dialog with the Performance Manager as the #1 reason for leaving.?? That??s nonsense. If you??ve ever left a job, you know that you basically get the current employer to match your new salary. You also know that if you turn down your new offer, you burn bridges with your contacts at that company and if you stay, you??re constantly watched and are labeled as the type to cut and run for money. With all that in mind, the ??..lack of dialog?? approach is just the standard line to get out of your exit interview with a problem that they cannot rectify.
The reason people complain is because this job means going to a client site where people aren??t really working, you are doing their work for them, you are watching them work 9-5 while you burn a 10-12 hour day and then having to face the fact that they are probably making just as much money and have a better career track.
The reason people are leaving for other consultancies, is because there is a standard 15-20% jump in salary upon moving and they can better justify their misery by ordering the top shelf cocktail versus the rail.
My two cents, BearingPoint isn??t a great place to work but neither is Accenture, CapGemini, Deloitte, PwC, IBM or BAH. They only become a little more tolerable when you are paid well.
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| Message: |
You are SO right.
The entire 'industry' is in a shambles.
I liken it to buying a pc 10-20 years ago. You needed expert advice then. Now you can pick one up with your groceries.
Consultants for the most part are nothing special. Just overpriced disposable staff.
Back into lurk mode.
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