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Is travel that bad? Would I like it? 25 - Female
It’s been 6 months since I’ve been at Deloitte and consulting is not at all what I expected it to be - not trying to be rude but I genuinely hate it here. The hours are killing my mental health, lateral moves seem impossible, and am led on a wild goose chase of who to reach out to to address my concerns. I just graduated last year and am wondering; do I stick it out for another year and a half for better exit ops or jump ship? Don’t know how much longer I can take it. Any advice would be great
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Guys there’s this boot camp that I came across that trains people to get jobs in Top consulting firms and has a fee plan wherein you pay once you get placed. I just wanted to know if someone here has any experience with this ?
https://docs.google.com/spreadsheets/d/e/2PACX-1vQuKa3k-rG3emxJcfbidCjC0Su85E_BKqW9cTeFZMY4xg4LnUVxOLrpcETqf7d-iEePlFh6lJ1knwwD/pubhtml
Is travel that bad? Would I like it? 25 - Female
It’s been 6 months since I’ve been at Deloitte and consulting is not at all what I expected it to be - not trying to be rude but I genuinely hate it here. The hours are killing my mental health, lateral moves seem impossible, and am led on a wild goose chase of who to reach out to to address my concerns. I just graduated last year and am wondering; do I stick it out for another year and a half for better exit ops or jump ship? Don’t know how much longer I can take it. Any advice would be great
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We don’t measure or talk about utilization.
They don’t factor out PTO and holidays in possible billable hours? Accenture does that to calculate chargeability.
Can you bill more than 8 hours per day? If yes, I think 80% is reasonable.
To follow up- given the size of the firm (less than 10 consultants), there are a lot of non-billable activities we are all expected to pitch in on (recruiting, IP development, etc.). Corporate holidays are sparse but we have unlimited PTO, but the utilization formula heavily penalizes you for those activities. Deal flow is also variable as we develop a more robust pipeline for future engagements. I would like to have a conversation with the boss as to why I think the current formula needs modifications moving forward unless they intentionally plan on not giving out bonuses.
This smacks of a scam. A: penalization for IP development etc while not accounting for reasonable PTOs/ training time etc. for utilization calculation. B: unlimited PTOs are an established scam in consulting to avoid liability for paying off unused vacation at the time of leaving. Your firm is, very knowingly, avoiding bonus and vacation payouts. Any firm that nickels and dimes it’s employees is not worth it. I doubt talking to your boss will be fruitful. But if it does, I stand corrected on my reading.
It’s all relative and in a small firm your contribution should be clear
If you assume 4 weeks for pto and 2 weeks for holiday plus a little training, you will be at 88% for the year if you are 100% chargeable the remaining time. The 80% mark seems tough to hit unless you can bill more than 8 hours per day.