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There are newer employer reviews for McKinsey & Company

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Helpful (6)

Burning out the best and brightest

  • 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 full-time

No opinion of CEO
No opinion of CEO

Pros

Excellent learning opportunity with exposure to many environments and business problems. Any company who hires a McKinsey person - is very lucky to get them as they are the best, brightest and hardest working people.

Cons

Hours are brutal; a short day is 16 hours, many days are 20 hours. Partners state that this is a sign of problematic project management, but they rarely provide the EM or AP with guidance to how to address this. M-F you generally work 80 hours and put in another 10-15 on the weekends. If you divide salary by hours worked - average per hour is about $30-$40/hr. As an EM I have learned that it is impossible to balance work/life.

Advice to Management

There should be a limit on the number of hours you are allowed to work in a given week as this brutal schedule drives away the best and brightest. Your partners need to take a more active role in project management and in developing future leaders; otherwise you will continue to lose the best people in your organization.

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  1. Helpful (2)

    Great learning experience and opportunities

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

    I have been working at McKinsey & Company full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    - Work with the some of the smartest people you'll ever meet - Unparalleled access to senior clients and responsibilities - Great professional development and attention to coaching and mentoring

    Cons

    - Travel schedule and lifestyle can be unsustainable if you have a family/are trying to start dating new people - If you have a bad team, you'll be stuck spending time with them for 60+ hours a week


  2. great company

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at McKinsey & Company

    Pros

    This is a great company if you are looking for the following characteristics in a management consulting firm: Great people, many opportunities, awesome client, perks,

    Cons

    There are also many cons in working at McKinsey and primarily they revolve around the lack of flexibility in working in the industry you want and the constant trade-off in lifestyle -- particularly on travel and long working hours


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

See Most Recent

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