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Helpful (5)

Great people, excellent benefits, but limited opportunities for non-consultants

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

I worked at McKinsey & Company full-time (More than 8 years)

Recommends
Recommends

Pros

People are professional, decent, smart, collaborative, and hard-working. The team-oriented structure and collaborative work ethic make doing most projects at McKinsey relatively enjoyable. Every place has office politics, but it seems much less than what friends have described at other firms. When you reach out to someone for help, they will most often be willing to work with you. Also, the problem-solving skills, communication skills, and attention to detail that is required have helped me on many endeavors outside the firm.

Cons

There are limited opportunities for non-consultants. This is understandable in that consulting is the core business and the entire model is oriented around that professional track. Many people with whom I have worked on the non-consulting track are actually overqualified for their roles, and the firm does not alway know how to use them to the best advantage. For non-consultants, I think McKinsey is good as a starting point if you are just beginning your career - after a couple years you can move on. Or, for experienced professionals, it's a good mid-career change if you are looking for a different way to apply what you have already learned but are not that concerned with moving up the career ladder.

Advice to Management

The single-minded focus on outsourcing all support functions (i.e., visual design, research, secretarial services) and emphasis on "hoteling" consultants is damaging to the value system the firm tries to uphold. This fracturing of the staff means that people do not really understand what anyone else does, and the behavior modeling that was such an important part of transferring firm values is far more difficult (or nonexistent) when there is limited interaction between leadership and everyone else, and among different groups of people.

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  1. Not so good for experienced hires

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

    I have been working at McKinsey & Company

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    good experience in analysis and strategy

    Cons

    Not the right place for an exerienced hire


  2. Helpful (3)

    If personal happiness is important to you, do not work here

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

    I worked at McKinsey & Company as an intern (Less than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Enables quick career advancement if you can stick with it for a couple years.

    Cons

    80-90 hrs/week of busy work. Little learning new of concepts, very little mentoring, and constant criticism. Some coworkers will throw you under the bus to get ahead. Very hierarchical - problem solving discussions are open for everyone to express their ideas, but at the end of the day, the most senior person in the room makes the decision. Performance ratings are based primarily on how much your management likes you, not as much on your output.


There are newer employer reviews for McKinsey & Company
There are newer employer reviews for McKinsey & Company

See Most Recent

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