The Siegfried Group - Comprehensive pros and cons - Fair pay, bad rep and poor quality of work. "Overpaid contractor" | Glassdoor.co.in
  1. Helpful (24)

    "Comprehensive pros and cons - Fair pay, bad rep and poor quality of work. "Overpaid contractor""

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Manager 
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at The Siegfried Group full-time for more than a year

    Pros

    With qualifications*: 1. Slightly above market pay for minimal level of effort type of work. Can be idle/unassigned for months, great being paid to do nothing at home at the cost of gaining no experience. Pay for a senior accountant would be roughly 5%~10% higher than a senior accountant in industry depending on size of client however in some cases lower than F500 senior accountants. Qualification: *Initial recruitment...

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    Cons

    Do not let management fool you by comparing Siegfried work/life to audit work/life, this is not an apples to apples comparison. The job is very close to an industry job, but the firm operates similar to a temp placement company contracted for projects. This opportunity should be compared to industry jobs and industry compensation. 1. Poor reputation among people from all levels of the big 4 that have worked with Siegfried...

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    Advice to Management

    More and genuine PRD's Re-evaluate structure of firm to remove ineffective made up leadership roles More home grown directors that have worked as a resource.

    The Siegfried Group2018-12-22
  1. Helpful (1)

    "WOW! What a great place! Variety of projects that will help me grow"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at The Siegfried Group full-time for more than 3 years

    Pros

    Variety of Exciting projects Grown My Salary and Compensation tremendously Work Life Balance much better than Big 4 audit Great Culture Opportunities to grow (different growth programs) Allowed to see what I enjoy doing with the excellent variety of projects, as I wasn't sure what I wanted to do, but I knew I wanted to get out of audit...

    Cons

    I guess that I didn't specialize in any one particular area (which I think is good, but some might think it's a negative) so this prepared me for things I want to do in the future, and it allows me to actually be qualified to that

    Advice to Management

    Continue with the excellent growth opportunities for Resources, I think these rotational type programs area great!

    The Siegfried Group2019-05-10
  2. Helpful (1)

    "Do not ever work here"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Manager in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at The Siegfried Group full-time for more than 3 years

    Pros

    Compensation is what brings people in the door. The only plus is that you will make a ton of money if given the right client. Bonus pool for billable hours, tenure on client, and even a bonus for attending *mandatory* Saturday "Rob Siegfried Summits" branded as leadership development events and filling out corresponding busy work. Recruiting bonuses are huge but you are selling off your friends for money.

    Cons

    Client work is not challenging, basically busy work. Most clients do not care about Siegfried's staff - they are there because the client needs to fill a gap. No strategic projects and mostly staff and senior-level busywork. Basic GL accounting/monthly close is 90% of their "resource" placements. They also outsource audit staff to Big 4. You do not gain any valuable work experience if you are a B4 manager level or above....

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    Advice to Management

    Eliminate useless leadership positions, listen to your employees concerns and get rid of the overall "fake" personalities.

    The Siegfried Group2019-06-03

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