There are newer employer reviews for FTI Consulting

 

Great experience with high burnout rate

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Senior Consultant in Boston, MA (US)
Current Employee - Senior Consultant in Boston, MA (US)

I have been working at FTI Consulting full-time (more than 3 years)

Pros

Get full spectrum of corporate finance from treasury to FP&A to capital raising/M&A/divestiture
High degree of interaction with senior management of clients
Have chance to work with middle market and large cap
Work on some of the most significant bankruptcies

Cons

Travel requirements
Deals are dependent on strength of your manager and your standing with the manager

Advice to ManagementAdvice

Be more flexible about travel needs
Need to put comp more inline with competitors

Recommends
Neutral Outlook
Disapproves of CEO

198 Other Employee Reviews for FTI Consulting (View Most Recent)

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  1. 1 person found this helpful  

    It was a great place to learn, for a while

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director in Boston, MA (US)
    Former Employee - Director in Boston, MA (US)

    I worked at FTI Consulting full-time (more than 5 years)

    Pros

    As a member of the Strategic Communications practice, I got to interact with and advise the executive leadership of public companies, which was a phenomenal experience. I learned a lot about what motivates corporate decisions, and the advantages/drawbacks/pitfalls of being a CEO. I also learned the value of good communication in any business.

    Cons

    The company is very large and operates like most large companies. You have to create your own path, there's very little in the way of mentorship or career development in FTI. I was a high-performing employee on the radar's of most managers, and it didn't make a difference. It was frustrating to be surrounded by so many talented individuals and not be able to learn as much from them as they wanted. Also, the pace of change within the organization was glacial.

    Advice to ManagementAdvice

    Hire a true change management firm to come in and develop a strategy by which to align employees around corporate objectives. "Every business development strategy" is not a viable business strategy, and people simply weren't incentivized enough to accomplish what you asked of them. It also alienates younger talent. FTI must decide if they view their people as a means of replaceable production, or competitive sustainability.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2. 4 people found this helpful  

    Terrible place to work, advancement blocked by more senior professionals

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in San Francisco, CA (US)
    Current Employee - Director in San Francisco, CA (US)

    I have been working at FTI Consulting full-time (more than 3 years)

    Pros

    - Most of the people here are very smart and hard working
    - Pay is solid and on par with industry

    Cons

    - Senior leaders are very narrow minded and will not allow people below them any flexibility to try new initiatives
    - Bonus is driven way too much on utilization, which provides no incentive to do good work and only bill hours
    - Don't do anything to retain talented employees, a lot of which leave within 1-2 years of joining the firm
    - No integration of culture from the plethora of acquisitions over the last 5 years
    - No strategic vision or leadership from practice leaders or senior management - increasing bill rates and hiring more people is not a sustainable growth strategy. Also no transparency or communication from same leaders.

    Advice to ManagementAdvice

    You need to provide more communication and transparency, as well as develop a legitimate strategy and actions to achieve the end goal. Just stating the end goal without any implementation is useless.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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