There are newer employer reviews for Monitor Group

Helpful (1)

Terrible compensation -- long hours -- fascinating work

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

I have been working at Monitor Group

Doesn't Recommend
No opinion of CEO
Doesn't Recommend
No opinion of CEO

Pros

fascinating work, nice people, beautiful offices, flexible hours (but always very long), some of my colleagues are incredibly competent and bright

Cons

terrible compensation, long hours, the culture demands perfection in all deliverables (and it's often at the expense of employee morale).

Advice to Management

Pay your employees!

Communicate about bonuses early, often and explicitly -- DO NOT USE AN OFFICE MEETING AS THE ONLY COMMUNICATION FOR LETTING US KNOW THAT THERE WILL BE ZERO BONUS. THAT WAS INCREDIBLY THOUGHTLESS.

Cut the BS about "TAC" -- Total Annual Compensation, and how non-MBAs should focus on their "TAC" and not on their salary -- that's BS. There is no TAC. It's all just salary these days. Why should we stay?

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  1. Great experience, but major attrition

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

    I have been working at Monitor Group

    No opinion of CEO
    No opinion of CEO

    Pros

    Very smart people
    Some stimulating work
    Great way to travel and rack up points & miles
    Collegial environment - like to have fun

    Cons

    Poor communication, especially about company reo-org, layoffs, and bonuses
    A lot of people are leaving the firm -- a not nearly enough new folks are coming in
    Work-life balance can be a struggle, or a cakewalk -- depends entirely upon your client

    Advice to Management

    Communication plan needs improvement
    Formalized training needs to be reinstated at all consultant levels, not just at the CTL level

  2. Helpful (1)

    Great place to grow and develop, with the support of colleagues

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

    I worked at Monitor Group

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    - People are incredibly smart, supportive, and down to earth
    - Flexible career paths allow you to take on new responsibilities/roles when you are ready for them and offer good opportunities for career advancement
    - Effective performance evaluation system helped you understand your progress and identify opportunities for further growth & development
    - Strong emphasis on upward and downward feedback throughout the firm
    - Interesting variety of cases and clients

    Cons

    - Communications from management not always clear
    - Lack of transparency about the overall business
    - Flexible career paths sometimes made it difficult to understand/navigate the system

    Advice to Management

    Management should increase transparency about the business and communicate more consistently and clearly with employees re: business health, key processes etc.

There are newer employer reviews for Monitor Group

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