The Siegfried Group Associate Director Reviews

Updated 10 Mar 2020

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3.7
99%
Recommend to a Friend
99%
Approve of CEO
The Siegfried Group Founder & CEO Rob Siegfried Jr.
Rob Siegfried Jr.
5 Ratings
  1. Helpful (1)

    "Good Pay - Mixed Opportunities"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Director in New York, NY
    No Opinion of CEO

    I have been working at The Siegfried Group full-time for more than a year

    Pros

    Considerable pay increase coming from Big 4 and sizeable incentives

    Cons

    The clients and projects vary widely as does the work you are contracted to do - some work doesn't further your career

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  2. Helpful (1)

    "Great Incentives and Career Opportunities"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Director in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    If willing to work hard and go above and beyond, sky is the limit for comp. Great team, fun team events Travel bonuses

    Cons

    Not many, not a job for those that want a 40 hr work week

  3. Helpful (2)

    "Great place to work!"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Director in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Entrepreneurial firm that gives you the opportunity to grow as a professional. They give you the tools to focus on your bigger future.

    Cons

    None to mention or that come to mind.

  4. Helpful (25)

    "Made good money, lost professional development"

    2.0
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Associate Director in Boston, MA
    Doesn't Recommend
    Disapproves of CEO

    I worked at The Siegfried Group

    Pros

    Money but this is only assuming you got in at the right time when the economy was good and starting salary was higher. It also assumes you are willing to travel to make travel bonuses.

    Cons

    Most assignments are not challenging and you slowly lose skills. You fill in for client needs during their busy times and a lot of the work is busy work. But There are exceptions I'm sure. You have to be willing to travel anywhere in the country for however long they need you. . . If you refuse, you will be fired sooner or later. Don't give any honest feedback (even though they ask for it) because it will be held against you. If your job is important to keep, lie in any reviews and tell them what they want to hear or at least stay neutral and don't say anything negative or against the grain. Management has 'optional' cocktail hours for employees monthly or even more frequently. Don't be fooled though. Even though they say they are not mandatory, they are. You will be seen as not a team player and your pay will be directly affected as the bonus system (which is a major part of your pay) is directly tied into reviews which are based partly on whether you attend these events. The expected minimum chargeable hours has grown to 48 now. This is effectively a 6 day work week in 5 days. Don't meet the minimum and your pay is docked. Most of the time this isn't even in your control. Bill rates to the client are high compared to other contract firms like Robert half and the client does not have it in their budget to allow you to work that many hours (or simply does not have enough work for you). This doesn't change your 48 hr requirement though. Employees most of the time are forced to lie about how many hours they worked and hope the client doesn't pick up on it when they get their bill. Ts is easier to do if it's a big client. The annual trip to las Vegas sounds awesome on paper but it's not. For any minimum expected client hours you miss due to travel to the LV or just being there, you have to make up by working longer hours at the client or it comes out of your bonus pay. So effectively you can't win. You either lose pay or spend more of your free time working to make up for lost time on a mandatory company retreat. Ands when you get there, you are not on vacation, there are mandatory morning all day meetings and minimal down time. And don't miss a meeting or youre digging your own grave. Everyone in management is related it seems. Yes that is a stretch but it's nuts how many are. This creates all sorts or problems. The clients word is all that matters. If they lie or don't have all the facts and rip you in a review (And trust me this happens to a lot of peolple which you would not expect but it does) your word means nothing. One more small strike and you are out. Keep in mind the caliber and experience of some of the clients giving the reviews. And a lot of times they use Siegfried employees as the fall guy when they screw up. This has happened countless times and has wrecked the reputation of the tsg er. Upper management holds vendettas. Very childish and not what you would expect from those at that level.

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  5. "The Siegfried Group"

    4.0
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Associate Director in New York, NY
    Recommends
    Approves of CEO

    I have been working at The Siegfried Group

    Pros

    1. Opportunity to work on a broad range of clients and projects; 2. If impress the client, can expand original assignment and grow professionally; 3. Generous annual allowance for professional development courses; 4. Various incentives available for additional hours worked, client and employee referrals

    Cons

    Health benefits could be better

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  6. Helpful (12)

    "Once a good place to work with a lot of promises, but promises are made to be broken"

    2.0
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Associate Director in New York, NY
    Disapproves of CEO

    I worked at The Siegfried Group

    Pros

    Before all the noise and ridiculous management decisions, the company was a decent place to gain experience and network for future opportunities. The compensation and incentive plans were fair and at times 'generous', according to any special in-demand project needs. What primarily made The Siegfried Group a good place to work are the people, specifically the accounting resources/consultants. Many were high performers who were looking to break out of their current corporate molds and try something different. Personally, I was fortunate enough to land some pretty good client engagements; however others have been known to have been dealt a bad hand. In addition, The Siegfried Group provides you an opportunity to develop your networking and social skills and in effect grow your contact base. This opportunity will prove mighty useful as sccounting resources look to pursue other opportunities outside the company. Some other perks that are both a blessing and a curse, included off-site events at some really swanky establishments. The company is not known for conservative spending, although this has changed in recent economic times.

    Cons

    Through the years, The Siegfried Group has developed a bad reputation by mistreating the very core of their business, the people (resources/consultants). Executive and Upper management are known to make irrational decisions, especially with regard to appointing people to key positions that drive the company. Nepotism and favoritism are all very much evident once you walk through the door. Further, all the key decision-making is centralized in Delaware (the company's HQ), with the philosophy that by doing so, The Siegfried Group can act and react much faster than its competitors... while the action/reaction time may be enhanced (which it isn't), the rationale is flawed as different business districts have different cultures. Training is a non-issue, because the company provides very little to none. The resources/consultants are left to their own devices to develop their professional education. All the promise of work/life balance is a myth, as I have not known many individuals to actually have a strict 45-hour workweek. The company also makes staff meetings and off-site events 'mandatory' which further destroys any hope of having a work/life balance. In order to rise to the top, you must eat, breathe, and live The Siegfried Group... in addition to plenty of brown-nosing.

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