Disappointing leadership and career prospects - M&A Analyst BearingPoint Employee Review

1.0
6 Mar 2024
Recommend
CEO approval
Business outlook

Pros

Close knit junior team despite poor senior leadership

Cons

- Pay is significantly lower to competitors such as EY-Parthenon, Strategy&, Accenture and Deloitte Monitor etc - No training provided at all. Expectation is that juniors will learn on the job despite having no background in certain project types such as post merger integration. Juniors with no PMI background will be expected to perform to a high standard despite no prior experience or education on the topic with limited support from more senior staff. - Lack of high quality mandates and no deal pipeline. The UK team's mantra is learning on the job yet there is limited engagements which results in analysts constantly doing BD work on behalf of senior managers who struggle to use CapIQ and MergerMarket independently. - Limited career progression. A combination of factors contribute to this theme however the UK Capital team office face slower promotion cycles than their European colleagues perhaps due to lack of training, lack of project work and lack of strong leadership who can take the practice up a level. - Senior leadership team in the UK look past glaring issues and concerns that the junior team have, rather they are more focused on seeing if negative feedback is being accurately recorded or if it is being misinterpreted as negative instead of fixing the problem. This lack of empathy, compassion and responsibility has instilled poor motivation across the team who feel drained on a regular basis. - Overall a very bad culture, with the only upside being aware of how not to run a practice. The team's >50% attrition rate over the course of Capital UK's inception is a testament to this.

Explore other reviews about BearingPoint

5.0
25 May 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I loved working there when I did.

Cons

It had too much debt in the end.

avatar
BearingPoint Response
12mo
Thank you for your review. You refer to a different company, namely BearingPoint Inc. Our company, BearingPoint headquartered in Europe, has been a separate legal entity and conducted a management buyout in 2009. Its development since then is very positive, see our Annual Report: https://www.bearingpoint.com/files/BearingPoint_Annual_Report_24.pdf
1.0
3 Apr 2025
Recommend
CEO approval
Business outlook

Pros

Good pay, good location, other employees are good to work with.

Cons

This organization is deeply mismanaged. The four U.S. partners are consistently at odds with one another and unable to collaborate, often dragging employees into their conflicts. The lead U.S. partner regularly makes inappropriate, sexist remarks, despite being a father to daughters, creating a hostile environment. Employees are encouraged to report issues to HR, but concerns are routinely dismissed, and no meaningful action is taken. Speaking up only puts a target on your back, several employees who voiced concerns were included in subsequent rounds of layoffs. The global leadership team is fully aware of the ongoing dysfunction, especially at the partner level, yet chooses to ignore it in favor of their own career advancement. This lack of accountability at every level makes for an incredibly toxic and demoralizing workplace.

6
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