I was hired by Deloiite and within a year they laid off. The only project they put me was in a different technology for which no time, no training, no advance prep was provided. Obviously then performance gets affected and pressure on the project was ennormous. I was never given work in my area of expertise. Deloitte bills at two or three times to their clients what they pay to their employee consultants. The same consultants who are hired and who provide them revenue and are profit center and not cost center. There is no work life balance, one works like an animal all the time else fear of bad reviews and lay offs. Delotte hires full time vs contractors to maximise its profits and when they are done the employees are easily laid off and quietly.
This is their philosophy and will remain so. There is no permanent job there, its a facade. There is only fear and show in Deloitte. Another clever thing Deloitte does and exploits its people and client is bill client 45 hours per week and make consultants work crazy hours.
Since consultants who are employee are exempt from overtime, they get paid for 40 hrs which is the norm and Deloitte gets paid two or three times of consulant hourly rate that they pay, from client by billing them for 45 hrs. Then Deloitte says they pay bonus? Now imagine the excess 5 hrs for each consultant on a project (may not be all projects) and multiply by ennormous hourly rate and months and years the project is on floor, how much would Deloitte make only from excess fice hours billing that they don’t pay to their employees.
And bonus also has complex algorithm. Deloitte is a facade. They make people compete in unhealthy ways. There is another thing called firm contribution. Whether you work on a project and earn them hundreds of thousands of dollars you have to then on Fridays do firm activity,and firm contribution throught your time in Deloitte in fear.
As if working on a project and making Deloitte earn thousands of dollars in a month is not for the firm? It is a sweat shop, cheap practices. And then once a year Deloitte has a show that they put up for the world called Deloiite day and they make employees forcefully volunteer, to show the world what a compassionate place it is. I thank God that I am out of there.