BearingPoint??????s Q3 earnings call - part 1

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More Reasons for Turnover

Having worked there, I can point to 3 other major reasons that people left and/or continue to leave:

1. Recruiting was focused on staffing from outside and they were incentivized by bringing in staff from the outside. Therefore, even if you were the most qualified person for a customer project, recruiting would rather leave you to languish on the bench while hiring somebody from outside the firm. I worked for a few other big consulting operations and had never seen anything this insane.

2. Next to no raises were given out to the consultants (1-2% for good performance); meanwhile, the Managing Directors (MD's) made sure they got their cut.

3. Go to market strategies were awful for solutions groups. Basically, MD's owned certain client, so, solution groups like Siebel/CRM, Oracle, PeopleSoft, etc. would have to ask for permission to sell to these clients. For any implementation work, the answer was usually no, because the MD wanted to protect his/her annuity from the risk involved with an implementation.

Posted by: eliw   Posted on: 12/01/08 You are currently: a Guest | Members login | Terms of Use

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