Boston Consulting Group

  www.bcg.com
  www.bcg.com

Boston Consulting Group Reviews

These reviews contributed towards 2010's Best Places to Work recognition. See ratings and reviews for all time.
37 Reviews
4.0
37 Reviews
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Boston Consulting Group President and CEO Rich Lesser
Rich Lesser
36 Ratings

Review Highlights

Pros
  • Great work life-balance on most days (just make sure you get the right manager) (in 26 reviews)

  • Steep learning curve / challenge (in 24 reviews)


Cons
  • There isn't a good work/life balance - you work many hours over your traditional forty (in 126 reviews)

  • Undefined project scope are becoming more common, resulting in long hours of work (in 94 reviews)

More Highlights

Employee Reviews

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  1.  

    Outstanding growth platform

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Project Leader in New York, NY
    Current Employee - Project Leader in New York, NY

    I have been working at Boston Consulting Group

    Pros

    Outstanding learning curve, high brand value, steep salary trajectory, amazingly smart and genuinely nice colleagues

    Cons

    Travel can be brutal and work hours are long. Workload is unpredictable.

    Advice to ManagementAdvice

    Keep up the good work

    Recommends
    Approves of CEO
  2. 3 people found this helpful  

    Great opportunity to leverage in short term - but think of it as a 2-4 year opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Project Leader in Boston, MA
    Current Employee - Project Leader in Boston, MA

    I have been working at Boston Consulting Group

    Pros

    Great brand, you will develop professionally
    Fantastic people up through the PL level - though hard to find inspiring partner role models
    Fantastic benefits and pay - best pay outside of the financial services industry relative to experience / tenure
    Work can be quite industry - get a broad range of functional areas across industries and geographies in a very short time frame - a classic strategy consulting background

    Cons

    It has a burn out culture - must work too hard to get ahead
    Promotion timing and criteria not well understood or transparent - the company will go back on previous promises, be careful

    Advice to ManagementAdvice

    Be transparent about burnout, investment banking culture - don't pretend this is different
    Figure out if you want to be a top strategy firm or implementation firm - it's quite hard to walk both paths at the same time

    Disapproves of CEO
  3. 3 people found this helpful  

    great experience at a very high cost

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Consultant in Boston, MA
    Former Employee - Consultant in Boston, MA

    I worked at Boston Consulting Group

    Pros

    The experience you get in different industries is extremely helpful. Also great brand recognition.

    Cons

    Management has no respect for the individual consultants - they don't need to have since there are always lines of people applying for each open job. So they can work you until

    Advice to ManagementAdvice

    Since management really needs consultants to do the heavy lifting, they should treat them better

    Disapproves of CEO
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  5.  

    A terrific job for someone seeking the ability to develop a wide set of business skills in a challenging environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA

    I have been working at Boston Consulting Group

    Pros

    Development of expertise in multiple industries. Rapid development in project-based work. 360-degree feedback multiple times per year. A good work environment -- a social group of very intelligent, energetic, driven people. Opportunities to create your own path based on your specific career goals (e.g. focus on consumer goods, or focus on social impact projects, or try to develop your analytical skills)

    Cons

    Long hours, some limitations in terms of your ability to influence the staffing decisions made on your behalf. In the downturn, the performance evaluations are even more important, and the job selection can become more limited. Finally, some people dislike the travel, but I enjoy it. Some would prefer more "strategy" work.

    Advice to ManagementAdvice

    Put junior people in front of more clients. This is done by some individuals, but is not consistently executed.

    Recommends
    Approves of CEO
  6. 4 people found this helpful  

    Great company with good opportunities and very poor senior management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Consultant in San Francisco, CA
    Current Employee - Consultant in San Francisco, CA

    I have been working at Boston Consulting Group

    Pros

    Extremely high caliber of consultants, demanding and challenging work, some access to high-level clients. Generally BCG pays attention to work life balance and tries to look after consultant's sanity. Pay is very good, and so are the bonuses. Benefits are excellent, healthcare coverage is superb. BCG gives you the opportunity to travel overseas and work in different offices if you like that, but does not force you to travel internationally. Generally, BCG is not very hierarchical, so partners and managers look for input from more junior consultants. Finally, BCG loves feedback, so you get it frequently and it is very much encouraged.

    Cons

    While BCG tries to look after your work life balance, often it does a poor job of it, and you end up working 80-100 hour weeks. In the SF office, management has done a terrible job of communicating with junior members. Staffing is extremely opaque; consultant's input is rarely taken into account; it's mostly about what the company needs and not at all about what you want or need. The day after our CEO came and talked about no layoffs, the office senior management laid off a number of junior consultants masquerading that as the "up-or-out" policy. Extremely shameful and disappointing. I've lost a great deal of respect for BCG.

    Advice to ManagementAdvice

    Listen to consultants, respect their comments, provide ways for them to *safely* communicate with you, provide complete visibility into where the office is headed, allow them more control and view into staffing and talk openly about stealth layoffs. It's shameful for BCG to say there are no layoffs and then do them right away behind everyone's back. I've lost a great deal of respect.

    Disapproves of CEO
  7.  

    Fantastic company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Consultant in Boston, MA
    Current Employee - Consultant in Boston, MA

    I have been working at Boston Consulting Group

    Pros

    Great culture, about as family-friendly as a consulting firm can be

    Cons

    Lack of predictability in work schedule, high-pressure / high-stress place to work

    Advice to ManagementAdvice

    Continue with strong leadership

    Recommends
    Approves of CEO
  8. 2 people found this helpful  

    Quality output and good opportunities with some political issues

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

    I worked at Boston Consulting Group

    Pros

    High level of competence in staff and good quality output. Good job opportunities after, although alumni network is not strong overseas. Flexibility in time off was good - no specific hours as work had to be done at high quality, but if you didn't need to be in the office, then you didn't come in as there would invariably be a project you'd work insane hours on (so take leave when you can get it).

    Cons

    Hours, politics... depending on your office, there are some poorer quality principals/directors who the company isn't willing to get rid of. Offices are also getting more homogenous than they were re: types of people they employ.

    Advice to ManagementAdvice

    Be more ruthless is getting rid of senior management who are poor communicators/managers (even if they're good with clients) if they are supposed to actually manage a team.

    Recommends
    No opinion of CEO
  9.  

    good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Consultant in Atlanta, GA
    Current Employee - Consultant in Atlanta, GA

    I have been working at Boston Consulting Group

    Pros

    good atmosphere, personal growth, verstaile

    Cons

    travelling, long hours, small groups

    Advice to ManagementAdvice

    nothing

    Recommends
    Approves of CEO
  10.  

    BCG rocks -- if you can get in, that is.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Principal in Boston, MA
    Current Employee - Principal in Boston, MA

    I have been working at Boston Consulting Group

    Pros

    People who are both razor sharp and really nice!

    Cons

    Relatively intense working hours and travel.

    Advice to ManagementAdvice

    Continue to plan for the long term.

    Recommends
    Approves of CEO
  11. 8 people found this helpful  

    Steep learning curve, toxic office culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Consultant in San Francisco, CA
    Current Employee - Consultant in San Francisco, CA

    I have been working at Boston Consulting Group

    Pros

    The learning curve is very steep. You are given a ton of responsibility right away and there are a vast number of resources and mentors that support you along the way. The level of exposure to a variety of industries and functions is also a big plus, especially if you are not sure what your long-term career goals are.

    The perks are great. In addition to a good base salary, BCG offers high performance and signing bonuses, profit sharing, 15 days PTO, and a generous expense account. Expect to stay in the nicest hotels and eat at the most expensive restaurants on a regular basis.

    Cons

    Although BCG prides itself on a strong work-life balance, this is hardly the case. 70+ hour weeks are the norm, so on a per-hour basis, we are definitely under-compensated compared to our peers in investment banking. Also, in the San Francisco office, there appears to be a lack of strategy-oriented work. Most of the work has recently been operational and process-oriented for non-Fortune 100 companies.

    Also, there is very poor communication from upper-management regarding staffing, promotion decisions, bonuses, the business pipeline, etc. This has led to a toxic office culture characterized by rather unhappy employees (especially at the more junior levels).

    Advice to ManagementAdvice

    More communication is key. Don't keep everything such a secret from more junior people in the office: it leaves people feeling worried, unhappy and less committed to the company. There needs to be a strong shift in leadership methods and a greater sense of appreciation towards Associates and Consultants.

    Recommends
    Approves of CEO

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