Can someone that works in Siegfried Group or has worked there give me an honest review of the company, both good and bad? For personal reasons, I am leaving a B4 advisory position because they won’t let me transfer to the city that I’m moving to for personal reasons. I don’t want to leave the firm but I have no choice

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PROS:
Compensation - you’ll make way more over the next couple years compared to staying in public, a lot of it is bonus/incentive driven. The first 2 years of your contract you’re guaranteed 30% bonuses which is paid out monthly.

Work life balance - overall this has improved significantly for me. There are definitely still busier times and this can vary depending on which project you’re on, but it’s nothing like a full busy season and you’ll never (or rarely) work weekends.

Variety of work/projects - this may be a personal preference, but I just find the project opportunities far more interesting than I got working in audit which got very redundant. The projects can include SEC reporting, month end close, system implementation, M&A, FP&A, and IPO readiness, just to mention a few. You also have to option to travel full/part time to clients which can be very lucrative because of the incentives, this is not for everyone and certainly not required but worth mentioning.

CONS:
I personally don’t have a lot of negative things to say about this place, the only thing I will say is while there’s a lot of variety in the projects, there’s still a chance you could end up on a sh** client. A lot of the work Siegfried does is due to our clients either having a gap they need filled temporarily or a project that they don’t have the staff/expertise for, it ain’t all gonna be sunshine and rainbows.

likefunny

I got laid off and have a good chance of joining Siegfried. Am I stupid for not pursuing, or is it worth holding out for something better?

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Does Siegfried require traveling to client locations or is most of the work performed remotely?

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I’d be curious to know as well.

I’m curious if they still make employees refer a certain number of applicants every year

Not sure if that was a requirement in the past but it’s definitely not right now

F too

Currently a Siegfried employee and have been there almost 5 years. Overall I have had a positive experience at the firm but it’s really dependent on your clients. The compensation and bonus structure is awesome - some people make up to 50% of their base just in bonuses alone. The most common negatives are all the firm admin work that needs to be done (however you do get bonuses for doing /going to it). Feel free to pm me for more info or if you need a referral.

And no, they do not make employees make a certain number of referrals each year.

I am a recently departed employee. The comp, work life balance, fellow coworkers and variety of projects are all awesome.

The biggest con is your client assignments dictate your experience. If you end up on a client that gives you critical feedback, fair or unfair, it can tank your career here. Management and sales don’t really care about your perspective and are quick to fire on a single bad review.

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