Pros
Logical and objective performance evaluation help to understand the exact expectations of the firm. In addition, Deloitte has the opportunity to hire the best and the brightest, and it is a pleasure to work with that kind of people. The drive and intelligence of the employees throughout the Consulting organization is amazing. Deloitte is an amazing place in terms of communication from the top. Employees are constantly informed in detail about what is going on. Lastly, Deloitte is trying hard to balance bottom-line performance with other elements, such as training, community involvement, and professional growth. In my 30+ years of experience in 16 different companies, Deloitte is head and shoulders above any other company I have seen.
Cons
The personal focus on Utilization % gives me sometimes headaches, because there is not much I can do (as a mid-level Manager/Lead) to influence this number. The travel requirements of the job (typically 100%) are not for everybody.