Simon-Kucher reviews

4.0

67% would recommend to a friend

(618 total reviews)
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Dr. Gunnar Clausen and Joerg Kruetten

81% approve of CEO

61% positive business outlook

Simon-Kucher has an employee rating of 4.0 out of 5 stars, based on 618 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Simon-Kucher employee rating is in line with the average (within 1 standard deviation) for employers within the Management & Consulting industry (3.7 stars).

Reviews by job title

618 reviews
1.0
Jun 30, 2020
Recommend
CEO approval
Business Outlook

Pros

- Steep career trajectory - Flat organizational structure - Partners are accessible when necessary - Lots of US and international offices with rotational opportunities - Schedule is lighter than true management consulting firms - Young employees are given a lot of responsibility immediately - Unique methodologies to answer specific pricing and packaging questions

Cons

- Business severely impacted due to COVID-19, requiring 25% pay cuts across all employees in the US and even more drastic cuts/firing/layoffs abroad - Salaries consistently below market - Essentially no C-level exposure, meaning most projects are solely market research analysis with very little strategy work - Poor brand exposure within the US, so exit strategies take time and require more effort than other firms - I never heard of a single employee being “poached” after a project - The company claims to be a “start up” within the US, and will try and sell new employees on the culture - however it has been in the US for over 10 years and only has ~$50M in revenue in the largest consulting economy in the world - Extremely opaque meritocracy, timing for consultant promotions is usually set - while promotions for higher levels appears political - There is basically no middle management, pushing inexperienced consultants to run projects under senior directors, who are generally on 3-4 projects and highly disorganized/directionless - People will be fired if a partner dislikes them - Partners generally have no experience in consulting, nor in the areas they have a “specialty” - they’re salesmen good at talking around questions - Extremely variable project team dynamics - specifically, if you have an issue with a superior, there is little means to fix it without fear of retribution, and chances are you will work with that person many more times over due to the small company size. Subsequently your reviews will suffer along with your career. - Essentially no HR oversight to streamline issues, onboarding, develop culture, or define any processes - Staffing process is undefined - if you request a topic of interest, there is little guarantee you’ll ever work on that topic - Any moderately good employee will leave for a better job as soon as they can, causing extremely high turn over, brain drain, and consistent reinvention of the wheel - You will not work with any big clients in all probability - You will not work on anything other than pricing or packaging projects - Partners will do literally anything to sell a project (including undercut competitors by double digit % - contradicting advice we would give clients), so scope creep is almost always enormous leading to unnecessary work - Repeat business from clients is negligible, which is a strong indicator of the lack of strategic insight partners are capable of driving - Partners are usually too disorganized to provide feedback in a timely manner, leading to unnecessary late nights prior to deliverable due dates - Just had a huge round of layoffs and firings - Company preaches diversity, but consultant base is ~95% white and almost entirely male - Company employees telemarketing schemes to drive BD - Partners who have worked at other consulting firms will claim many of the points above are “normal” - they absolutely are NOT

1.0
Nov 13, 2018
Recommend
CEO approval
Business Outlook

Pros

My overall suggestion is to look elsewhere. But for fairness sake: 1) Clearly established as the No 1 pricing expert. With that comes optimized/standardized methodologies and ton of internal knowledge/experience to reference 2) Collegiality among consultants/below partner level which makes day-to-day pains slightly less painful (see cons) 3) Global project scope: whether you like it or not, you will become familiar with global health systems/market access/pricing

Cons

Many cons, and it all comes down to this: SKP US treats its people extremely poorly, and at the end of the day all of the pros are definitely not worth the stress/frustration/hours of work, also provided that there are many other quality LS consulting firms in the US who hire similar caliber of talent. Few salient examples: firing people (whether it be new-ish hires with less than a year with the firm or firing consultants who were recently promoted without proper explanations), annual raise less than inflation rate when the firm is supposedly growing rapidly (while globally SKP may be growing, there are signs that SKP US LS may not be performing and laying people off which might explain some of those firings) On top of that, layer in the thick air in the office of many consultants being overworked, under-recognized, underappreciated, and being underpaid even at director level. I honestly don't know a single person who is truly happy at SKP.

1.0
Aug 9, 2018

My worst work experience in a multi-decade career

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Really smart people and true expertise in pricing. Great spirit among people at the peer level at communal events. Great exposure to clients at high levels in their organizations. Consultants get lots of face time with partners. Good snacks in the kitchen. Travel is much less than at other similar firms. Some truly top-tier clients. Can get long-term international (mostly European) assignments. The firm is truly respected for its expertise.

Cons

Staffing is a major issue: - High turnover rates. I was surprised how much recruiting happened in the U.S. for the size of the firm. There’s a burst of hiring at the end of each academic year as almost all new hires come straight from college (undergrad and masters/PhD programs). I was told that it was due to growth, but I later came to realize that rather it’s because turnover is incredibly high. When people leave before the next annual wave of hires come in, projects can be quite short staffed. And it’s really hard to maintain institutional knowledge when so much of it leaves each year. - This leads to >90% utilization rates at times -- and some partners forcing routine weekend work, all-nighters, missed holidays and vacation, etc. - I had been assigned to projects with no subject matter expert available, which led to poor outcomes. - I missed a red flag when I interviewed: I asked to speak with people who had experience outside the firm and was only put in touch with a recent MBA grad. People with outside experience don’t stay long. Partners are highly variable. Some treat their teams well and with reasonable expectations, and others are brutal. - One partner questioned my intelligence when I asked for help finding resources to learn new subject matter. - Some partners are standoffish. Some won’t spend much time helping staff that they haven’t worked with before, even on projects they are managing. It felt like a trust issue. Instead of developing staff, they have contempt for those who they feel aren’t as smart. - Some partners rely on favorite managers who can be quite immature who have not worked anywhere other than Simon-Kucher and not learned reasonable working norms. For example, one superior refused to talk to me during a project then gave me poor scores through the feedback system. They would not directly address their concerns with me when I scheduled a time to ask for feedback. -Partners are god-like. One partner made a mistake in presenting some info to a client. The team scrambled to find data to support the incorrect view. And it wasn’t even a big mistake. Work-life balance and office conditions: - One colleague was hospitalized due to exhaustion after several weeks of long hours and weekend work. The underlying issues were not addressed. - A recruiting video highlights a consultant whose wife was about to give birth to his first child. When he told the partner, the partner tells him he didn’t have to travel when the final presentation was a week before his wife was due. And the consultant thought this was such an unexpected surprise. To me, this didn't seem like something to brag about. (If you look on YouTube, you can find the video.) - When I had a legitimate medical issue that required me to get attention during the middle of a project, a partner glared at me like I was trying to sabotage the work. - Heating/cooling is a long-term issue in the Cambridge office. Temperatures regularly exceeded 85 degrees in offices and meeting rooms. After hours, HVAC sometimes turns off altogether, despite people frequently being in the office late. Personal development: - Very minimal personal development opportunities, aside from corporate trainings 1x/year at the world meeting, and not all staff is eligible even for those trainings. - The review process is not connected to reality. Scores are arbitrary. I always scored high until I ended up on a project that went sideways, and my past performance was no longer a factor. It’s entirely possible I wasn’t performing well because, despite my past high scores, partners do not want to show scores that are too low for internal political reasons. - Mandatory 8-day training (including weekends) for new hires at HQ in Germany. Topics were rudimentary for some and advanced for others, showing the little attention paid to personal needs. For most people attending training, it was a big party with late nights. One peer missed a couple of days of training with rumors that they were buying/using drugs at clubs; leadership made excuses when they found out - despite big talk otherwise. - Salaries are below market for firms Simon-Kucher wishes to compete with, which likely leads to departures.

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Glassdoor has 1,189 Simon-Kucher reviews submitted anonymously by Simon-Kucher employees. Read employee reviews and ratings on Glassdoor to decide if Simon-Kucher is right for you.