Booz & Company

  www.booz.com
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Booz & Company Reviews

Updated Jul 10, 2014
All Employees Current Employees Only

3.7 284 reviews

83% Approve of the CEO

Booz & Company CEO Cesare R. Mainardi

Cesare R. Mainardi

(102 ratings)

76% of employees recommend this company to a friend

Review Highlights

Pros
  • Excellent clients and some truly wonderful and very smart people who are great mentors(in 29 reviews)

  • Great people in the Middle East, very weak in the rest of the world(in 12 reviews)


Cons
  • Work-life balance depends on project and / or project manager(in 62 reviews)

  • Bad work life balance - Consultants are expected to work long hours and on week-ends(in 32 reviews)

32 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    • Disapproves of CEO

     

    No work life balance, senior mgmt doesn't care about employees

    Associate (Current Employee)

    Pros-Good compensation and benefits (until the PwC merger is complete at least)
    That is the only thing I can think of to write here, so if this is the only thing that is important to you then this is the place for you

    Cons-Little respect for work-life balance
    -Senior management does not care about lower level employees
    -Senior associates and Principals have very little people development or management skills - working in teams can be very difficult as seniors do not know how to manage or develop lower level employees
    -Very little training curriculum
    -Competitive work culture - people take themselves way too seriously
    -Work is not all strategy as they say it is - there is quite a bit of PMO and tactical cost reduction work

    Advice to Senior ManagementA consulting company is nothing without well-rounded employees - focus on developing training programs, take actions that show you care about employee development, and think twice about work-life balance before emailing at 9pm on a Friday evening to get a deck done before Saturday. Especially with the PwC merger and employees leaving in droves, it's important to focus on the culture side of the company if you expect the remaining talent to stay.

    No, I would not recommend this company to a friend

    • Culture & Values
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    In general, the company is the target of acquisition by larger consulting companies, e.g. PWC adn Accenture.

    Anonymous Employee (Current Employee)

    ProsGood clients, good exposure. Can be good jumping board to other better companies.

    ConsPartnerships are not very confident about the prospectus of the firm. Many hope that the firm can be bought by a larger consulting firm as they are currently too small.

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    2 people found this helpful  

    Go somewhere else if you have the option, or you might now have a job 6 months in

    Consultant (Current Employee) New York, NY

    Pros-Great brand name to have on resume
    -Good experience and exposure, if you can network to the right projects
    -Solid mentorship, if you can find the right people to look out for you

    Cons-Requires knowing the right people: promotions not based on merit and project staffing is not based on skill set
    -Staff consistently treated as a resource: little focus on developing talent, high burn out rate from being overwork, and often treated as less than humans, with a very passive aggressive and acidic culture
    -Extremely cyclical business cycles: the lows are extremely low with more than 50% of staff on the beach. this resulted in a significant chunk of my starting class fired at 6 months into the job.

    Advice to Senior Management-If you want to hire and retain talent, treat your people well

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Compensation is off the charts, but that can't make up for shoddy management and muddled strategy

    Anonymous Employee (Former Employee) New York, NY

    ProsEveryone you work with at the ground level is smart; some of the principals are too.
    Benefits are pretty incredible.
    Overall, you are treated with respect.

    ConsMuddled strategy leads to messy project management.
    New strategy doesn't have much buy-in from partners or junior staff.
    Firm services perennially gets the shaft from client staff and management.

    Advice to Senior ManagementWork out the infighting between global regional leadership. It's embarrassing to see otherwise capable and brilliant people acting like bratty children!

    Yes, I would recommend this company to a friend

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    • Approves of CEO

     

    Great exposure, development, and experience - if you're working with the right people

    (Current Employee) New York, NY

    Pros- strong and visionary senior leadership team
    - opportunity to work on challenging and high impact client problems
    - down to earth staff with "roll up sleeves" style
    - practice structure allows those who want to specialize an opportunity to work in area of interest
    - good work-life programs (eg, sabbaticals, diversity networks)
    - fair compensation

    Cons- Passive aggressive culture with limited direct feedback
    - Virtually no formal training, and apprenticeship / on-the-job training breaks down at higher levels
    - recent short term local decisions call into question what the firm values
    - limited administrative support and general resources and poor knowledge mgmt mean that staff carry a burden that further reduces work / life balance

    Advice to Senior ManagementPut clients and people first and everything else will fall into place. Raise the bar for expectations of partners regarding team leadership and apprenticeship.

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    • No Opinion of CEO

    1 person found this helpful  

    Typical consulting gig

    Anonymous Employee (Current Employee) New York, NY

    ProsPrimary pros associated with working for Booz & Company include compensation, and the ability to work alongside intelligent, driven people.

    ConsDespite verbal statements to the contrary, complete de facto disregard for employee preferences in the staffing process.
    Lack of consistency among middle and senior management with regard to teams' work life balance management.

    Advice to Senior ManagementManagement should focus on building credibility with staff by practicing what they preach in terms of staffing and work life balance.

    No, I would not recommend this company to a friend

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    Booz & Co. review

    Associate (Former Employee) Chicago, IL

    ProsThe compensation package is still comparable to MBB, but it's starting to lag. The firm has strong functional practices, especially Ops and IT.

    ConsLeadership is very weak and getting worse, as exhibited by the steady stream of departures by strong Partners since the firm split and Partners recieved their ridiculous payouts. There's a sense of selfishness among many leaders and this is starting to trickle down to the PRNs and SAs.

    Advice to Senior ManagementGet your priorities straight. Your client's needs must come first. You must take care of your staff - or at least treat them with some respect. Communicate critical issues to the staff - don't try to impress us with empty rhetoric, we're a smart group of people and can see when you're dishing us the BS.

    No, I would not recommend this company to a friend

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    • Disapproves of CEO

    1 person found this helpful  

    Not recommended at all

    Associate (Former Employee) Chicago, IL

    Pros* Good brand name
    * Strong OPs practice
    * Decent exit options

    Cons* Very political
    * Promotions very slow
    * Very limited international exposure
    * Staffing model is horrendous -- from day 1 you have to start kissing partners' as*** to get staffed
    * Do not join "Expert Track" -- it's better to be at a second tier consulting firm than to be in the expert track. Trust me, there is a huge huge debate and conflict within the firm regarding how that track is managed.

    Advice to Senior Management* Fix the staffing model, don't make juniors beg for jobs
    * Make the promotions faster and make the process fairer
    * Get a new CEO

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
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    • Disapproves of CEO

    2 people found this helpful  

    You're on your own

    Anonymous Employee (Former Employee) Chicago, IL

    ProsThe name makes a great impact on your resume no doubt, and the clients they work with are pretty much top notch. Project quality is a mix of "secy" and boring, but that can be expected at any consulting company.
    The performance review process is quite good since they take feedback from everyone in the project team, so one person alone doesn't influence your rating

    ConsYou are pretty much on your own here. You have to learn and develop quickly, without much support. If you cannot understand how to create a deck or do an analysis, you cannot expect much help. Also the firm culture is such that they dont really invest in you much. If you do well, good for you. Else you're out. I know for sure that this is not the case at other top 3 consulting companies.
    Also, you have to go out of your way to get projects - have to network the heck out so people know you. Project staffing is done only by principals and to some extent by SA's (engagement managers) who always go for their favorites. So even if you have experience, or want to work on a project you will not be given a chance.
    Also, no one will support you if you need it - either in performance review, or any such.

    Advice to Senior ManagementInstill some respectable culture in the firm. It's almost a dog's world the way it is right now.

    No, I would not recommend this company to a friend

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    Declining workplace

    Anonymous Employee (Current Employee)

    ProsGreat people in the Middle East, very weak in the rest of the world

    ConsPartners are very selfish and do not respect the needs and demands of their personnel

    Advice to Senior ManagementShift more bargaining power to your employees

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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