Job Title: Consultant
Location: Washington, DC
Submitted on: 05-Jun-04
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Workplace
Survey |
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The fun is over. Your description is VERY dated. CEB was a great as a
big small company -- it is now poorly managed, especially on the people
front, as a small big company. The value proposition for an MBA is
quite awful -- low pay relative to top-tier consulting firms, long
hours, lousy benefits, no stock options, slow promotion (though travel
is generally pretty light).
The Company is frighteningly cheap across the board. events and
parsimonious when it comes to expenses -- on MD complained to his staff
about purchasing mice for their laptops (and then flew off to a week-
long executive family retreat at the Ritz-Carlton in Beaver Creak)!
Gone are the happy hours, gone are fast promotions. Lot's of external
hires are brought in, rather than placing people in stretch roles. The
Company's extreme thriftiness carries over to bonuses as well -- while
recruiting tells you "almost everyone gets their full bonus," in fact,
almost no one does -- performance bonuses are awarded on a curve, such
that the average person gets half their theoretical bonus. The 401K is
a 1% match. Most Consultant merit increases don't even beat inflation.
The Company's thrift really extends to the ridiculous -- with receipts
required for every single expense (even when less than $1).
Part of the value proposition pitched to MBA hires is an opportunity for
fast promotion -- in fact, only 4 of 45 Consultants were promoted in the
last semiannual cycle.
All-in-all, it was once a good place to work, but those times are gone --
run, run fast.
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