Consulting Consulting
Consulting Finance General
Login Kostenlos anmelden Kostenlos anmelden
Consulting Finance General
Community
Meeting-Board
Consulting Q&A
Interview-Partner
Premium-Mitgliedschaft
Coaching
Coaches
Coaching-Pakete
Consulting Q&A
Übungsmaterial
Case-Interview-Basics
Case-Sammlung
AI Casebot
Tests & Guides
Kopfrechen-Tool
Stressfragen-Modus
Drills
Video-Tutorials
Brainteaser
Karriere
Neu
Arbeitgeber
Karriere-Events
Speed Recruiting
Match Your Career
Neu
Consulting-Jobs
Consulting-Blog
Kostenlos anmelden
Login
Community
Meeting-Board
Consulting Q&A
Interview-Partner
Premium-Mitgliedschaft
Coaching
Coaches
Coaching-Pakete
Consulting Q&A
Übungsmaterial
Case-Interview-Basics
Case-Sammlung
AI Casebot
Tests & Guides
Kopfrechen-Tool
Stressfragen-Modus
Drills
Video-Tutorials
Brainteaser
Karriere
Neu
Arbeitgeber
Karriere-Events
Speed Recruiting
Match Your Career
Neu
Consulting-Jobs
Consulting-Blog
Verabrede dich zum Casen über das Meeting-Board, nimm an Diskussionen in unserem Consulting Q&A teil und finde gleichgesinnte Interview-Partner:innen, um dich auszutauschen und gemeinsam zu üben!
Meeting-Board
Consulting Q&A
Interview-Partner
Premium-Mitgliedschaft
Zurück zur Übersicht
Anonym A
am 12. Mai 2023
Global
Ich möchte Updates zu der Frage per E-Mail erhalten.

Underperform in appraisal...Is PIP always granted? Need your advice please.

I have joined a strategy consulting firm for around one year. I have passed probation previously (although have been flagged that some areas need development. But this was the first time for an official appraisal, and I was rated underperform.

Would like to know - do consulting firm always give employees another opportunity for further improvement (i.e. performance improvement program which lasts for a couple of months)? In the worst case scenario I might be laid off…so would like to know whether it's legally binded to have a round of Performance Improvement period before requesting employee to leave? How can I negotiate more time in order to demonstrate my improvement?

Thanks for your thoughts!

5
1,6k
30
Schreibe eine Antwort
Schreibe die erste Antwort!
Bisher hat niemand auf diese Frage reagiert.
Beste Antwort
Ian
Coach
am 13. Mai 2023
Top US BCG / MBB Coach - 5,000 sessions |Tech, Platinion, Big 4 | 9/9 personal interviews passed | 95% candidate success

Hi there,

100% they do!

In fact, I'm actively coaching 3 candidates right now to get them past their performance reviews.

I highly highly recommend you take this underperform seriously. You need to demonstrate clear progress in those areas in order to prevent being managed out.

You absolutely will be given time to improve. Make sure you come up with a plan to improve, really focus on it, and make those improvements visible.

Please take this very seriously and consider using a % of your salary to hire a coach…why not invest what you're earning…in order to keep what you're earning.

18
Coach kontaktieren
0 Kommentare
Benjamin
Coach
am 14. Mai 2023
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Hi,

This will be firm and geography (depending on how the firm is organized/run) specific.

At least for BCG, there are 2 key events/phases:

  1. Performance Improvement Plan (informally known as “watchlist”)
    • This is when you are underperforming at a level that does not meet your current tenure's expectations
  2. Transition
    • This is after the decision has been made that you will be counselled out

Legal rules around firing employees differ by country, but more often than not at least at MBB, you will know when you are underperforming and the firm will let you know that you are underperforming

Whether or not its negotiable - drop me a dm 

15
Coach kontaktieren
0 Kommentare
Cristian
Coach
am 13. Mai 2023
#1 rated McKinsey Coach

Hi there,

Sorry to hear you had a tough start. I was also close to Issues at the end of my first year at McKinsey and it took quite some effort to turn it around. But it’s definitely doable! 

Happy to connect and share some thoughts. I’ve also put some of my key learnings in these two articles: 

https://www.preplounge.com/en/articles/entry-level-consultant-what-is-it-like
https://www.preplounge.com/en/articles/management-consulting-working-hours
 

Then, if you are asked to leave, the process differs from country to country also in line with their employment law. Overall, though, it’s negotiable. I’ve seen consultants in Germany being asked to leave and receiving almost half a year pay ahead and I’ve also seen consultants in other geographies receive nothing, but being allowed to sit on the bench for 3 months doing nothing (guess in a way it’s still being paid in advance).

Try to rather speak with other people from your office who have left and they will know better the degrees of freedom you have there. 

Best of luck!

14
Coach kontaktieren
0 Kommentare
Gelöscht
Coach
am 15. Mai 2023
Senior Partner and CEO, helping you reach to MBB and beyond, case and interview marathons, career progression

Dear candidate, 

 

when underperforming in appraisal, do not worry, take it as a big reminder to immediately develop a path to greatness, act as much on the feedback as you can and most importantly, develo your own path, decide what matters to you, where you are heading and HOW you want to work? Sometimes you yourself want to go another path or have more choices and figuring this out helps a lot, you can also get another great review next time, if you ensure you focus your efforts on addressing this.

 

Best regards, Pope

13
Coach kontaktieren
0 Kommentare
Gelöschter Nutzer
am 17. Mai 2023

Hello,

Yes, underperforming consultants are always given an opportunity to improve! It will be crucial to make sure you understand the areas you are underperforming in, make a concrete plan to address them, put in the work to do so, seek feedback throughout the process, and demonstrate clear improvement.

9
0 Kommentare
Jetzt kostenlos anmelden, um alle Antworten zu lesen.
Jetzt kostenlos anmelden, um alle Antworten zu lesen.
Ja, ich möchte über neue Inhalte, spannende Jobs, relevante Events und ausgewählte Arbeitgeber informiert werden.
Durch die Registrierung erkläre ich mich mit den AGB von PrepLounge einverstanden. Bitte lies unsere Datenschutzerklärung.
Anmelden mit
Du hast bereits einen Account? Logge dich hier ein.
Ähnliche Fragen
Consulting
How can I improve my performance and stand out?
am 29. Mai 2024
Global
9
4,3k
Beste Antwort von
Hagen
Coach
#1 recommended coach | >95% success rate | 8+ years consulting, 8+ years coaching and 7+ years interviewing experience
68
9 Antworten
4,3k Aufrufe
+6
Consulting
How to stand out in an MBB Internship
am 31. Okt. 2024
Global
5
1,3k
Beste Antwort von
Hagen
Coach
#1 recommended coach | >95% success rate | 8+ years consulting, 8+ years coaching and 7+ years interviewing experience
57
5 Antworten
1,3k Aufrufe
+2
Consulting
Urgent - i have been on the beach for 3 weeks at an MBB, how to turn things around ?
am 27. Jan. 2025
Global
6
1,0k
Beste Antwort von
Alessa
Coach
xMcKinsey & Company | xBCG | +200 individual & group coachings | feel free to schedule a 15 min intro call for free
56
6 Antworten
1,0k Aufrufe
+3
Beste Antwort von
Ian
Coach
Top US BCG / MBB Coach - 5,000 sessions |Tech, Platinion, Big 4 | 9/9 personal interviews passed | 95% candidate success
Zum Coach-Profil
Verwandter Artikel
Wie du deine On-the-Job Performance als Consultant verbessern kannst
Werde zum Top-Consultant – mit praxisnahen Strategien für mehr Erfolg im Berufsalltag.
Zum Artikel
Verwandtes Produkt
Prepped and Primed 3
5,0
31 Bewertungen
1.478 USD
1.185 USD
Mehr Informationen
Verwandter Case
Expertencase von
Francesco
MBB Final Round Case - Smart Education
4,6
33,2k mal gelöst
Schwierig
Interviewer-led
Case öffnen
Ähnliche Fragen
Consulting
How can I improve my performance and stand out?
am 29. Mai 2024
68
9
4,3k
Consulting
How to stand out in an MBB Internship
am 31. Okt. 2024
57
5
1,3k
Consulting
Urgent - i have been on the beach for 3 weeks at an MBB, how to turn things around ?
am 27. Jan. 2025
56
6
1,0k
Alles für deine Karriere
  • Interview-Coaching
  • Q&A
  • Interview-Partner
  • Kopfrechen-Tool
  • Interview-Drills
  • Stressfragen-Modus
  • Blog
Alles für deine Karriere
  • Interview-Coaching
  • Q&A
  • Interview-Partner
  • Kopfrechen-Tool
  • Interview-Drills
  • Stressfragen-Modus
  • Blog
Beliebt im Consulting
  • Case-Sammlung
  • Meeting-Board
  • Case-Partner
  • Case-Interview-Basics
  • Case-Interview
  • Consulting Q&A
Beliebt in Finance
  • Finance Q&A
  • Interview im Investment-Banking
  • Gehälter im Investment Banking
Beliebt im Consulting
  • Case-Sammlung
  • Meeting-Board
  • Case-Partner
  • Case-Interview-Basics
  • Case-Interview
  • Consulting Q&A
Beliebt in Finance
  • Finance Q&A
  • Interview im Investment-Banking
  • Gehälter im Investment Banking
Arbeitgeber im Consulting und Finance
  • Bain & Company
  • BCG Platinion
  • BearingPoint Deutschland
  • Deloitte
  • DHL Consulting
  • E.ON Inhouse Consulting
  • EY
  • EY-Parthenon
  • Forvis Mazars
  • FTI-Andersch AG
  • Inverto, a BCG company
  • Kearney
  • Mercedes-Benz Management Consulting
  • Oliver Wyman
  • Roland Berger
  • RSM Ebner Stolz Management Consultants
  • RWE Consulting
  • Simon-Kucher
  • Stern Stewart & Co.
  • Struktur Management Partner
  • Telekom Strategy Consulting
  • thyssenkrupp Management Consulting
  • zeb Consulting
  • Alle Arbeitgeber »
Über PrepLounge
  • Für Unternehmen
  • Für Hochschulen
  • Für Coaches
  • Über uns
  • Karriere
  • FAQ
© 2012 PrepLounge
Unsere Server werden mit Strom aus erneuerbaren Quellen betrieben.
  • Cookies & Datenschutz
  • AGB
  • Impressum
  • Sitemap
  • Kontakt
Wie wahrscheinlich ist es, dass du uns einem Freund oder Kommilitonen empfiehlst?
0
1
2
3
4
5
6
7
8
9
10
0 = Nicht wahrscheinlich
10 = Sehr wahrscheinlich
Feedback abschicken
Vielen Dank für dein Feedback! Deine Meinung hilft uns, PrepLounge noch besser zu machen.
Schließen Schließen und weiter preppen
Du willst schon gehen?
Nach Deiner Registrierung hast Du kostenlosen Zugriff auf:
12 Probe-Interviews mit anderen Nutzern
360.000+ Kandidaten in unserer Community
36 Übungen (inkl. Structuring Drills,Mental Math, Brainteaser und mehr)
Video-Tutorials
Video-Case-Lösungen
Kostenlos anmelden
Fragen oder Feedback?
Wähle eine Kategorie
  • Wähle eine Kategorie
  • Allgemeines Feedback
  • Case-Interview-Vorbereitung
  • Coaching
  • Technische Probleme
  • Andere
Dein Name
Deine E-Mail-Adresse
Abbrechen