Oliver Wyman

  www.oliverwyman.com
  www.oliverwyman.com
There are newer employer reviews for Oliver Wyman

 

Great place to grow a career - if you're willing to put in the work and get on good cases.

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

I worked at Oliver Wyman full-time (more than an year)

Pros

Incredibly smart and talented people; Constantly challenged and learning new things; Opportunity to experience and "become an expert" in a variety of industries; Very transparent about salaries and promotions; Opportunities to take leaves of absence (with benefits) or do a non-profit fellowship (at 60% pay)

Cons

Major inconsistencies between projects (i.e. travel, hours, management), which makes each employee's experience vary widely, and often errs on the side of terrible work-life balance; Regional and industry business varies widely and dramatically effects each office culture; Considerable change in management and high-level structure over the past year; Poor retention of women - a widely acknowledged challenge

Recommends
Neutral Outlook
No opinion of CEO

225 Other Employee Reviews for Oliver Wyman (View Most Recent)

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  1. 6 people found this helpful  

    Consultants are used, not developed

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

    I have been working at Oliver Wyman full-time (more than an year)

    Pros

    Lots of exposure and responsibility right out of the gate.

    Managers tend to be good on-the-job trainers. I really liked most of my project managers.

    Cons

    UPDATED: Management just announced changes such that employees will not receive cross-project reviews until they've been at the firm for nearly 2 years. That means you get the same pay, same title, same lack of recognition for 2 years. Their rationale? It balances out in the long run. What this explicitly means: If you're not planning on staying in consulting for the long-run, OW doesn't care about you.

    Staffing is a nightmare. If you tell ANYONE what your preferences are, everyone somehow hears that you're a whiner and not willing to do whatever the firm needs you to do...

    Work-life balance is a joke. Upper management talks about it a lot but partners don't care. Weekends? Holidays? What?

    Zero exit-opportunity support. Again, if you're leaving the firm, they don't care about you. No programs, no externships (I know there are articles on OW's website, but I've never heard of such an opportunity in real life)

    The firm is perpetually losing money, so terrible bonuses. There's always something to blame it on. My first year's excuse: Tough market. Second year: We spent so much time last year trying to get our act together internally that we forgot to sell work. Whoops. "We'll knock it out of the park next quarter though!"

    Advice to ManagementAdvice

    Consider your consultants (all consultants) a long-term investment. Whether or not they want to get up to partner, they could still hire you in the future. Make them want to hire you.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Smart, driven, very entrepreneurial people

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

    I have been working at Oliver Wyman full-time (more than 10 years)

    Pros

    Work with smart, driven folks who push bounderies and have the get it done attitude

    Cons

    Consultant hrs are long, lots of travel, challenging deadlines

    Recommends
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for Oliver Wyman

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