McKinsey & Company

  www.mckinsey.com
  www.mckinsey.com
There are newer employer reviews for McKinsey & Company

6 people found this helpful  

Burning out the best and brightest

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

I have been working at McKinsey & Company full-time

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 ManagementAdvice

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.

No opinion of CEO

1035 Other Employee Reviews for McKinsey & Company (View Most Recent)

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  1. 1 person found this helpful  

    Sharp people, high impact but demanding

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

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

    Pros

    Sharp people
    High profile projects
    Opportunity to travel
    Resume value

    Cons

    Long hours
    Constant travel
    Challenging projects
    Dress code at client sites

    Advice to ManagementAdvice

    Reduce employee churn by improving work-life balance. Possible solutions include three day travel weeks, 9-10 hour workdays and allowing regular remote work.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  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

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