Booz & Company

  www.booz.com
  www.booz.com

Booz & Company Reviews

Updated December 20, 2014
Updated December 20, 2014
297 Reviews
3.8
297 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Booz & Company CEO Cesare R. Mainardi
Cesare R. Mainardi
110 Ratings

Review Highlights

Pros
  • Excellent clients and some truly wonderful and very smart people who are great mentors (in 27 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 64 reviews)

  • Bad work life balance - Consultants are expected to work long hours and on week-ends (in 33 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Associate

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Booz & Company

    Pros

    Great career progression for mba graduates

    Cons

    You work in a Highly competitive environment

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Smart people, long hours

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Booz & Company

    Pros

    Work with very intelligent people on interesting projects

    Cons

    Typical consulting lifestyle with ~14-18 hour days and travel Monday-Thursday.

  3.  

    No longer what it used to be

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Booz & Company full-time (more than 8 years)

    Pros

    Great talent (mostly until 2/3 years ago), industry leadership in select practices and geographies.

    Cons

    Senior partners forced a largely-unwanted acquisition upon the rest of the firm. As a result, most talent got out of the door within one year from the announcement. On-campus recruiting is particularly challenging and brand-name in the industry is taking a significant hit.

    Advice to ManagementAdvice

    Incentives to stay are nonexistent for anyone below senior partners. Either introduce (rapidly) incentives (examples include salary / bonuses, career growth, international exposure, improved MBA sponsorship) or accept attrition rates >50% among top-talent.

    Recommends
    Negative Outlook
    Disapproves of CEO
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  5.  

    Top-notch firm, extremely talented peers -- experience is what you make of it..

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate I in Chicago, IL
    Current Employee - Associate I in Chicago, IL

    I have been working at Booz & Company full-time (more than an year)

    Pros

    Wide variety of high-growth, high-impact projects: soft alignment model allows you to build strong industry specific knowledge (which becomes enormously valuable at the exit opportunity stage); high quality work environment with driven, and very social cohort of peers; down-to-earth culture

    Cons

    Slow but sure decline in "brand" with PwC transaction: general lack of clarity on what things might look like for junior staff post the 3-5 year time frame; relatively longer path to partnership compared to other top tier firms; relatively fewer repeat projects with "prestige" corporate/sovereign clients, at least in the US region

    Advice to ManagementAdvice

    Do something, quickly, about the eroding brand value proposition for junior staff! Either pay more, show a quicker way to senior leadership to retain the value proposition -- else wider attrition, and a lower quality talent pool, is bound to ensue

    Recommends
    Negative Outlook
    Disapproves of CEO
  6.  

    Great people to work with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Executive Assistant
    Former Employee - Executive Assistant

    I worked at Booz & Company full-time

    Pros

    The people are the best. Everyone is hardworking but knows how to have a good time. A great network to have whether you remain within the company or find employment elsewhere. They have a strong alumni program.

    Cons

    Growth potential is very hard if you are not client facing. Do not relay on your manager to help you if your in firm services. The pay is not very great also. Will be interesting to see how everything operates after the merger with Pricewaterhouse Coopers is fully complete next July.

    Advice to ManagementAdvice

    Listen to your employees and implement some of those changes.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Challenging Work Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Consultant in Chicago, IL
    Former Employee - Senior Consultant in Chicago, IL

    I worked at Booz & Company full-time (more than an year)

    Pros

    The company had an exciting array of project that you could get on to if you had good relationships with the Principals.

    Cons

    There were no major cons. I know work life balance was raised as an issue. I expect that going in to consulting, employees knew what was requested of them.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. 5 people found this helpful  

    Terrible company - avoid

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Associate in New York, NY
    Former Employee - Senior Associate in New York, NY

    I worked at Booz & Company full-time (more than an year)

    Pros

    Because resources are so limited, you learn to do a lot yourself, making you more efficient when you leave for a full-service firm with greater support resources

    Cons

    Toxic culture fueled by downward spiral in sales performance and large inferiority complex; employees constantly moaning about the gap between Booz and MBB
    Dishonest leadership team that masked issues
    Rattling lay-offs of large group of new undergraduate intake (~40% of undergrad hires just 6 mos into their careers were fired)

    Advice to ManagementAdvice

    Be humble; PwC might not have a great brand, but they've grown a large organization and I presume foster a better culture. Learn from them.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 4 people found this helpful  

    Horrible company with equally horrendous culture. There is no future and really time for the partners to rethin

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Associate in Washington, DC
    Former Employee - Senior Associate in Washington, DC

    I worked at Booz & Company full-time (more than 3 years)

    Pros

    Decent compensation and some smart colleagues. Some training but not adequate.

    Cons

    Horrible culture, no future, used to be tier 2 and now is tier 3 at best and talent is leaving faster than rats leaving a sinking ship. Some partners are extremely political and highly incompetent.

    Advice to ManagementAdvice

    Quit the greed and arrogance. Stop pretending to be a world class institution. Any company that hires you should be embarrassed.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    Had so much promise

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL

    I worked at Booz & Company full-time (more than 3 years)

    Pros

    Extremely smart consulting group, people genuinely work as a team, very collaborative environment

    Cons

    Leadership had difficulty seeing a long-term strategic vision and the company has been taken over. Much top talent in some markets is leaving

    Advice to ManagementAdvice

    What you had was very talented and a great brand, you sold that and now the talent is leaving and the brand is gone.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Talented, smart people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Associate SA1 in New York, NY
    Current Employee - Senior Associate SA1 in New York, NY

    I have been working at Booz & Company full-time (more than 3 years)

    Pros

    Interesting clients and projects. Smart project team members. Challenging in a good way. Is a great way to set up long term career in terms of compensation and interesting job opportunities.

    Cons

    Work / life balance is very challenging. As much as seniors want to put programs in place to better this, it remains challenging. The projects are demanding and require more than standard industry hours.

    Advice to ManagementAdvice

    Actively listen to feedback from juniors

    Recommends
    Neutral Outlook
    No opinion of CEO

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