{ "media_type": "text", "post_content": "Should consulting firms do a better job of retaining staff? If so, how?", "post_id": "580934fb6814f21300a03fbf", "reply_count": 8, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }

Should consulting firms do a better job of retaining staff? If so, how?

like
Posting as :
works at
You are currently posting as works at

The salary and commercial experience are clear pull factors but what do firms do to make us *stay*? Our work is pretty relentless, you're siloed heavily, there's a lot of admin/management overhead, the firm is pretty metrics-driven, the Big 4 are risk averse (by virtue of being accounting firms) and stifle innovation by hierarchy, achieving a work-life balance is difficult. With other industries making efforts to retain workers (e.g. Through flexible/unlimited vacation packages, office-based perks like childcare, gyms, in-house caterers), what exactly do MCs do to retain staff? PwC has been v good to me - I joined at 25 and spent 6 years being based in 3 countries and working in nearly 20 (now I'm entirely US-focused) and I'm grateful. But now I'm 31, want to start a family and, basically, not work the crazy hours I did in my Associate and Senior days. Consultants have highly marketable skills, relevant for a number of industries in the private sector, in government or institutions, foundations, non-profits and start-ups - to name a few. Maybe exiting is the option for those who can't/don't want to hack it any more and can join one of the above. I'd much rather a sustainable career pathway at an MC was found...

like

Actually I think the model is based on shedding people as they progress on their career so not sure this is really a big priority other than appeasing a few "top performers" who they think can go the distance

like

Nice try HR

like

Most of the recent layoffs are because they are doing too well at retaining people. Just sayin'

like

I think trying to staff locally would help. It's crazy how many people fly out every week only to have others fly in. Not because of skill set, but because staffing is largely done through networking rather than anything centralized.

👏👏👏👏 @OP writing a novel in the comments

Yes and no, gotta have motivated people. Consulting is a hustle. If you aren't motivated and willing to put in your dues industry is a better place for you...

Apply a compa ratio based on SL, SSL, pillar, region and rating. For example: PAS transactions performed 32% over last year (assign a performance multiplier based upon Pas, Tax, Reward and Transaction Performance) * rating * base comp = bonus. While not perfect, this is directly tied to your group's individual performance and incentivizes region success.

Additional Posts

Post with company

like

Comment on this to test rereply notif

Bbdjdndjdjgsjdjcbbdbxndbdbcghsbxhdbdbbxbbdbdbbdbdhxhdbbdbxjdbxbhebsbxb dbdbdbd Bebe the. Dbdbdbd sehsbevshdvhdbdbdbdbdd dbhsbvdbdvdvdbvduchhcbd dbhsbvdbdvdvdbvduchhcbd and I have love you so too but I

like

Beyond 2 lines the text in each post card is cut off. I wonder how many lines in the comment section?

like

Fhhbbbbjjnnnnnnsn dnnsndjjjd dhjhdjjdjdjdjnd dhjhdjjdjdjdjnd djjfjdjjdndndnnfnd dhjhdjjdjdjdjnd dhjhdjjdjdjdjnd djjfjdjjdndndnnfnd djjfjdjjdndndnnfnd now djjfjdjjdndndnnfnd do. D dndnnfndnnsdhjdjdjdjnd

like

Post for comments

like

Post without company

like

When people ask me what I do, I just say, "I get shit unfucked".

like

I have gained some weight during the past months. On a one-on-one with a partner, I got a “friendly advice” to get back in shape since looks matters to clients.

likefunnyhelpfulupliftingsmart

Deutsche Fische: 🇩🇪 wie tippt man Umlaute mit einer amerikanischen Tastatur? Vielen Dank!

like

How is DCA precheck looking today?

like

It makes complete sense to shut down TSA pre-check at 6PM on a Thursday night, ORD.

like

Survey: How long does it take for you from the time you wake up to head out of the door. Time, gender.

like

How to lose your job like a pro: 1. Set my LinkedIn profile to “Open to Work”. (To get contacted by recruiters) 2. LinkedIn automatically generated a public post for me to inform everybody (without my knowledge) 3. my manager just liked the post. 4. Now I have an awkward meeting to attend Monday morning AMA 🤦‍♂️

likefunnysmartupliftinghelpful

Fish - how do you lower your EQ (yes - I wrote this deliberately)? Feel it is inhibiting my success both on social and work sides. Thanks!

like

Has anyone used the at home video proctored eMed covid tests for international travel to the U.S? Will be flying back in a few weeks and looks like this is one of the few approved ones that will meet our new 24 hour testing requirements.

like

Deloitte just offered me a job but it’s a level below of where I’m at, at EY. Should I consider it?

like

Staying at the Ritz. Adorn that luxurious AF robe. 5 minutes later. Put my hand in the pocket...used condom. Thanks Monday 🤢🚿🚿🚿

like

Experiencing significantly more back pain since the last month. The work setup hasn’t changed. It’s a generic desk, footrest and ergonomic chair. Suggestions welcome on what I can add to my setup to make it more comfortable. I do take breaks and stretch once in two hours.

like

Don't know about the rest of you but my new year begins today. Plan on bleeding the bank account starting today 🤑

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal