The Siegfried Group Associate Reviews

Updated 19 Jun 2020

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3.2
48%
Recommend to a Friend
58%
Approve of CEO
The Siegfried Group Founder & CEO Rob Siegfried Jr.
Rob Siegfried Jr.
52 Ratings
  1. "Review"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Associate in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Compensation is very generous. Variety of projects

    Cons

    Work life balance is difficult to manage

  2. Helpful (1)

    "Great place to work if you sip the koolaid"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate in Wilmington, DE
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Competitive pay, great events, plenty of opportunity for personal and professional development, total comp is decent, benefits are fair

    Cons

    This is the type of company that looks great on paper but is disorganized and uncomfortable in practice. The culture is different based on where you work and who you work with. It feels similar to high school in that you feel the need to brown nose to stay in the firm. Not all managers are on the same page.

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  3. Helpful (1)

    "Senior associate"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Associate 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at The Siegfried Group full-time

    Pros

    Compensation - paid well for an entry level job, no scalability however

    Cons

    Client quality - working for incapable clients on a consulting model means you can not provide any quality advice. Perpetuated by middle management

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  4. Helpful (1)

    "Good pay but no career progression / learning"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Associate 
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    -Pay is good although very bonus driven and they take a while to pay out so you always feel stuck in the company while waiting for your next bonus -Not bad for new CPAs wanting out of Audit but not sure where to go next. Can go to TSG to get a taste of different industry roles. At the very least you'll find out what you DON'T want to do next

    Cons

    -As you are essentially a temp worker for clients, they do not invest in your learning/growth and neither does TSG -TSG does not care what types of roles you would like to be contracted for and the experience you are looking to gain. They just want you out at the first client available, no matter whether you've already spent time in a similar role and want to broaden experience. -You are always at the mercy of the client and TSG does not have your back. Many of my colleagues were borderline abused by clients but TSG will not stand up for you at all as long as the client is paying your fees. -Generally, client culture is very negative towards temp workers from TSG and will treat you poorly -The company is run like a cult. You need to drink the kool-aid to get promoted, etc.

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  5. Helpful (4)

    "Churn and Burn Environment"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Manager in Wilmington, DE
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

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

    Pros

    Compensation, Professional Resources are quality individuals.

    Cons

    Churn and Burn environment. Their model is to basically hire anyone, throw them out to the wolves and if you get an"Outstanding" rating, they will put you on another client. If it doesn't work out(average rating or below), you are FIRED. They do not care what the reason is or if you had no idea that there was any issues. There is no in-between which is why they hire a LOT of people. Most don't make it past a year. Too many unnecessary positions(top heavy) If you are not in the "good ole boy" club, your job is at risk if you are not exceptional. They do not really care about you. They will care when you are getting hired and if you are a TOP PERFORMER, but everyone else is essentially worthless to them. WATCH OUT for your job because the last recession caused a lot of layoffs at this company. Leaving a secure job for this might seem lucrative but could be a VERY BAD idea because companies like this only thrive when the economy is thriving which is why the CEO is very open about being a far-right CONSERVATIVE, fiscally and socially.

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  6. Helpful (2)

    "Great Experience"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Manager in San Francisco, CA
    Recommends
    Positive Outlook
    No Opinion of CEO

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

    Pros

    Love the emphasis Siegfried places on my development; company is genuinely interested in seeing me grow as a professional and especially as a person. Really encourage you to become your best self. Siegfried's investment in me is unparalleled to anywhere I've seen before (and surpasses programs offered by client companies in my market (SF, CA)). Lots of room for growth in the company and MANY paths to leadership. Fantastic incentive compensation - bonus structure is insane, you really can earn more than 40-60% of your salary in bonuses (base salary = over $100K as is). SO MANY opportunities for bonus comp: overtime incentives, production incentives, client service incentives, travel incentives, business development incentives, etc etc etc. Generous expense policy; no budget to wine and dine your clients just need to have it approved; $1000 free money to spend on your friends/family/colleagues; $1500 allowance to spend on your wellness & professional development; they reimburse you for any CPA or designation / license fees...List goes on.

    Cons

    - Benefits not as good as other places in the US, but pretty standard - Big, big bonuses if you travel for work (34% bonus on paychecks) and for overtime (this ranges depending on hours worked and your level: avg =$31,650) but if you have a family this might be harder to achieve - Most major holidays are observed but some are not (MLK day) - If you don't like going to Vegas, Miami, LA, Deer Valley for firm paid trips Wednesday-Sunday, maybe not the best place for you (not sarcasm, some ppl don't like this) - CEO is pretty outspoken, but you only have to hear him a handful of times in the year....and get a $8,000 bonus for listening to his rants at firm conferences (x3/year)

  7. 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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  8. Helpful (3)

    "A Meaningless Place of Employment On My Resume"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Manager in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

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

    Pros

    Raised my base compensation.

    Cons

    Quality work is not what is marketed. I had more responsibility as an intern in public accounting.

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  9. Helpful (5)

    "Challenging work, 45hr work week, amazing comp but not for everyone"

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

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

    Pros

    - short term projects to fill critical needs at clients - most of the time the work is interesting & challenging and even when it's not, you still get to network with a new team/client who's usually Fortune 500/1000 so not a bad network to have - comp and bonus structure is amazing. rewards you for anything you put in that is above and beyond. very entrepreneurial i.e. you can pick and choose what you want to put your time and efforts in and you get rewarded for the extra efforts, or if things are going on in your life that require more attention than "extra" work just do the bare minimum required and settle for base pay and that's fine too. - CEO is passionate about the firm and about developing and retaining talent.

    Cons

    - if you get deployed the moment you get hired there's a fair bit of onboarding to do so in a way it's like starting 2 new jobs at the same time. - for leadership development programs/firm wide meetings (in super nice places like the Cosmopolitan in Vegas), we have to share a room with a roommate. Some of us would really rather stay at a cheaper nearby hotel if we can get our own room. Feedback has been provided at one of the group sessions, if this does get rectified i'll update this review accordingly.

  10. 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

Found 67 reviews