In my opinion, maybe I'm wrong, Vantagepoint is essentially a "get rich quick" scheme for the founding directors. - Associate Consultant VantagePoint Employee Review

1.0
Jun 26, 2023
Recommend
CEO approval
Business outlook

Pros

Opportunity to get involved in a lucrative industry

Cons

Both of the founding directors are hardly "on the ground" in terms of the business at all. In my time at VP, I never once saw Matt Benaron "on the ground" learning about and helping on the engagements. Often, he was just MIA on company wide calls in addition to not being in the office; while often precluding himself from company social events. He does take every excuse to travel though, I'm guessing that most of his time is spent tending to growing the value of the brand and the book of business so he can sell a material stake in the company at some point. Though I'm sure he's worked hard over the years, he basically started a capitally minimal business with insane margins because he worked at the software company that develops the software he implements before he started this business. In my time at Vantagepoint, the human knowledge capital deployed was not nearly enough to sustain a healthy business at the given level of client volume in this industry - which was widely known and talked about by principal consultants and engagement managers. Even so, they're hell bent on increasing growth as fast as possible. This narrow emphasis on business growth without balancing legitimate mechanisms for quality delivery leads me to believe that the founding directors are specifically/only interested in boosting the consultancy's financials for an eventual spin off/offering (my own personal opinion). This really became clear as I was working on one of their largest clients where we had a MAJOR deliverable approaching and aside from a single general manger doing his best to help the situation, the "head honchos" were no where to be found when it was clear that the probability of failure to meet the contract terms/deadlines of the engagement was CRITICALLY high - which for a relatively small company in terms of employee count, is dumbfounding to me. Mind you the entire engagement team was still expected (on a very unsaid basis) to work VERY late hours as well as over the weekends to a point of unhealthy levels (during this period my effective average hourly wage was reduced ~$15 when using my salary and hours worked to derive the rate). If the collective base of employees at the company is a car and these founding directors are the driver, than a valid parallel would be that the driver completely understands the car's oil hasn't been changed in over 25,000 miles but the driver still persists to press the gas pedal all the way to the floor while trying to upshift into a delusional "11th gear." Sure the company comes with a few perks (including trips and such) - which happens to be very tax deductible in almost every single case - but don't let the façade fool you, they will wear you down to the bone if it means they can add another bp to their % growth rate.

Explore other reviews about VantagePoint

5.0
Jun 30, 2023
Recommend
CEO approval
Business outlook

Pros

This is a great place for people who want to work with cutting edge technology and financial transformation. Colleagues are friendly and helpful, and management has a genuine interest in every employee's development. If you want exposure to other businesses, to challenge yourself to grow and learn, and to work with incredibly intelligent people to foster your growth, VantagePoint is a great environment for that.

Cons

This is a consultancy firm where you may work with challenging or demanding clients. This can sometimes lead to tight deadlines. But that is sometimes the nature of customer service regardless of where you work. It's not really a con, it just comes with the territory.

4.0
Dec 8, 2023
Recommend
CEO approval
Business outlook

Pros

Working at VantagePoint has provided a truly collaborative experience within a global setting, fostering a sense of unity akin to a tight-knit family. Despite the company's expansive reach, the familial culture remains intact, creating an environment where every team member feels valued. VantagePoint offers diverse opportunities for professional growth, allowing individuals to align their roles with their specific interests, be it in management, technical expertise, training, or project management. The competitive compensation package reflects the company's commitment to recognizing and rewarding talent. Regular travel to various locations, including other countries, for meetups enhances the collective spirit and exposes employees to a variety of perspectives. The management's proactive approach to encouraging employees to step out of their comfort zones, although initially intimidating, proves instrumental in fostering personal development. Notably, upper management remains accessible at all times, reinforcing the company's dedication to open communication. Partnerships with cutting-edge technologies like Workiva, Pigment, Tagetik, and NetSuite adds additional opportunities. Furthermore, VantagePoint's commitment to employee development is evident through its investment in training opportunities, solidifying its reputation as an employer dedicated to nurturing talent.

Cons

VantagePoint has its challenges, including high insurance costs and occasional last-minute schedule changes to meet immediate needs. Another aspect to address is the desire for more annual leave days. While the company has its strengths, these areas present opportunities for improvement in the overall employee experience.

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