There are newer employer reviews for Oliver Wyman

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 for more than a 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

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

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  1.  

    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 for 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
  2.  

    Great place to start a career

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

    I worked at Oliver Wyman full-time for more than 3 years

    Pros

    Very intelligent group, fun/collegiate culture, made many lasting friendships and connections

    Cons

    Lots of travel, merger of the general management and financial services businesses causes branding confusion, crowded at the partner level

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

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