Broken Business Model: See Cons List - Recensione dipendente - Senior Manager, Internal Audit presso Protiviti

1,0
13 nov 2014
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Work/life balance is better than Big 4.

Svantaggi

-Limited areas of focus. Essentially the firm is focused on internal audit and SOX work. If you do anything else expect to travel significantly. -Be prepared to work on little details that add little to no value on the client engagement (i.e. unnecessary flow charts, timelines, controls listing and walkthroughs that do not have relevance in the final deliverable to the client). Its all "Keep you busy" type work. Unfortunately, the client is paying for all this and has no idea. -Little to no on-boarding process for experienced hires. We have higher expectations of experienced hires but management's disorganization and lack of training sets these new hires to fail. -Experienced hires are staffed based on resource gaps rather than matching their skills with a relevant engagement. Essentially everyone is a body just billing the client. -Revenue growth of the company is primarily due to the hiring of more staff. Protiviti ends up billing more to the client for work that could have been performed by less staff. -POTENTIAL CLIENTS BEWARE: Protiviti's business model is predicated on getting their foot in the door for a specific engagement in order to find more work to bill you for. We are all evaluated in being creative to find additional work. Never expect to only pay the proposed amount. Lots of cost overruns and budget/project updates. -Lots of turnover! Protiviti is hiring masses of amounts of staff. Some will sink and some will swim. They are hoping experienced hires bring in more business. -401K benefits are comical. Essentially all you get matched is 33% for each dollar up to 6% of salary. No incentive there. -Health Benefits are average -Rigid review/evaluation process. I would recommend do bare minimum. Any overachieving will not result in faster promotions or higher pay. -Titles are insignificant. Protiviti titles are not comparable to Big 4 titles. (e.g. Manager at protiviti is more like a Senior associate at Big 4). -Antiquated Expense reporting system and travel booking system. -Very robotic mentality and culture.

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Risposta di Protiviti
11y
Thank you for your feedback. We invested heavily in our entry level on-boarding programs over the course of the last two years. We are now focused heavily on improving our experienced hire on-boarding programs. We anticipate our program rolling out in phases over the course of 2015. It will include both a standardized in person "welcome" experience and an online, interactive portal with personalized workflows and social networking. Our goal is to quickly network our new hires into their Advisor and HR teams who will support them in their transition. We will also provide workflow that will guide their experience and point them to the trainings and tools specific to their needs based on their individual profiles. If you would like to be involved in providing feedback on this program, I encourage you to reach out to your local HR lead and they will ensure you get plugged into the project.

Esplora altre recensioni su Protiviti

5,0
16 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

The WLB, people, and projects

Svantaggi

The salary is below that of most other consulting firms

3,0
2 lug 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Good Culture, decent pay, not overworked too much.

Svantaggi

Repetitive, meaningless, and boring work, hard to pivot out of this career once started. Also, the consulting career feels like such a fake job at times. Doesn't feel like real work. Makes you question your life decisions. I'd recommend any college grads to think about their future career goals first before joining. I joined on a whim and wish I spent more time interviewing. It's been incredibly difficult to pivot out of internal audit and sox compliance once you are in it. However, if you are really good at corporate politics and advocating for yourself you may be able to pivot out of the IAFA solution . However, not sure how that lends it self if you want to leave the company.

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