Pseudo Consulting Company with Zero Technology Capability - Consultant Wavestone Employee Review

1.0
Mar 4, 2021
Recommend
CEO approval
Business outlook

Pros

Average salary, average benefits, lots of endless socials.

Cons

The first warning sign should be any company that tries to make you sign a waiver that you will work unlimited number of hours per week. UK Law has a 40 hour work week. Wavestone UK will try and get you to sign a legally binding waiver to dismiss these basic rights. This in itself should be a red alarm bell. The second warning is a company that asks its graduate work force to leave positive reviews on Glass Door. The HR team has been posting false positive reviews. This isn't a consulting company. This is a project management company disguised as consulting. Endless employee satisfaction surveys that go nowhere, just a tick-the-box exercise for a failing company that is propped up by it's French parent company. The leadership team lack credibility. and this is a reflection of the companies poor performance, extremely low staff morale and extremely high staff attrition rate. The company suffers a consistent loss every month, and the actual sales figures are hidden from employees. It had an 80% bench at worst and 60% at best during the time I was there. It's propped up by it's French parent company, for which the Partners and so called Directors have enjoyed a gravy train so far. The facts and figures speak for themselves. Once the French parent company pulls the plug it is curtains. The "Cloud Focus Areas" doesn't doesn't have any cloud experience, or any certifications. Zero credibility. The company relies on graduate consultants to trawl through Google and put together generic slide decks for presentation to clients with the Wavestone company logo. Wavestone only has two clients which are also French due to parent company contacts. It has not won new business for years. The so called staffing call will put you on any project in sheer desperation to fiddle the bench numbers to its parent company, regardless of your experience and subject matter expertise and expect you to sink or swim. This puts unrealistic and unfair pressure on graduates who break under pressure. I have never worked in such a toxic organization and with such demotivated employees. The attrition rate is very very high. There is at least a handful of leavers every month and that is when the reality sinks in... Something is very very wrong. Horrendous internal politics and toxic work environment. This company will not progress your career, and there are many managers who are stuck in a job with no progression, and cannot afford to leave as they do not have the right set of skills to find another job.

avatar
Wavestone Response
5y
We appreciate the feedback and are disappointed to learn that you did not have a good experience with Wavestone. However we would like to clarify some inaccuracies. While we may encourage new joiners to provide feedback on their onboarding experience on Glassdoor, we have never insisted that anyone leave a review. As stated on our page on this site the HR team have never posted false reviews At the UK office level, we run a HR survey every 6 weeks. It provides us with meaningful data. A joint team involving Consultants and HR is dedicated to analysing the results of the survey and developing targeted action plans to address the issues raised. Concerning business performance, our key KPIs – including our utilisation rate – are shared every week through a newsletter and commented during our regular team meeting to give a transparent view of the business situation to the team. Wavestone UK are very proud of our ties to our French HQ and working on cross practice projects is part of our flexible working approach. In the UK our largest client is a Financial Services company and UK based. Finally, it is common for employers to give employees the option to opt-out of the EU working time directive however, the decision to opt-out is completely voluntary.

Explore other reviews about Wavestone

5.0
Aug 9, 2023
Recommend
CEO approval
Business outlook

Pros

steady work and great people

Cons

Need a change of work

3.0
Mar 27, 2026
Recommend
CEO approval
Business outlook

Pros

Junior staff have strong delivery skills.

Cons

U.S. capabilities are limited to Tech (Cyber, Tech Transformation etc.)

See reviews by: Helpful|Rating|Date|All