McKinsey & Company
4.1 of 5 844 reviews
www.mckinsey.com New York, NY 5000+ Employees

McKinsey & Company Reviews

Updated Apr 21, 2014
All Employees Current Employees Only

4.1 844 reviews

                             

96% Approve of the CEO

McKinsey & Company Managing Director Dominic Barton

Dominic Barton

(478 ratings)

91% of employees recommend this company to a friend
844 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "And you'll do it with incredibly smart people working on big league problems"
    in 61 reviews
  • "Great first job out of college or grad school to learn a lot very quickly"
    in 22 reviews
Cons:
  • "You have to have a lot of self discipline to keep work life balance reasonable"
    in 147 reviews
  • "Very long hours and continual expectation of over-performance"
    in 151 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
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  • Approves of CEO

 

Former Administrative Employee

Anonymous Employee (Former Employee)
Boston, MA

I worked at McKinsey & Company full-time for more than a year

Pros- work/life balance encouraged, but administrative staff "not allowed" to have a blackberry to stay on top of emails.
- fellow Admins stepped up to support each other when blantant disrespect/problems caused by management
- performance reviews partially based on how "colleagues" rated you
- some friendly employees (including Managing Director), but it does not always trickle-down

ConsThese all coming from a very proactive, collaborative, positive, former employee:
- archaic mentality towards management of administrative personnel (could not leave desk without telling someone)
- overall stress from the job is felt across all personnel. There are ways to work more efficiently and reduce stress but they are not open to hearing it.
- clear disconnect between Consultants and Administrative staff (communications, social outings, networking opportunities, team-building)
- most new-hires have no idea how to work with an Assistant
- "up or out" and "client always comes first" policies creates self-promoting consultants and terrible work environment for many administrative personnel
- performance reviews do not include input from direct reports
- direct manager and HR person were one in the same (conflict of interest)
- very "shut up and do as you're told" environment
- some upper management verbally abusive/disrespectful with zero repercussions or apology
- Administrative personnel not located in-office for lower management. Title of "Executive Assistant" seems to be handed out like candy, which is a disservice to everyone.
- not focused on personnel retention

Advice to Senior ManagementGet with the times. Administrative staff need to be treated as colleagues/partners. Instead of shoving corporate values down people's throats, open your eyes to real-life values and foster a positive work environment.

No, I would not recommend this company to a friend

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2 people found this helpful  

meh...

Anonymous Employee (Former Employee)

I worked at McKinsey & Company as a contractor for less than a year

Proshigh pay and good future

Consno life/work balance. values not always there

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1 person found this helpful  

Great experience

Engagement Manager (Former Employee)
New York, NY

I worked at McKinsey & Company full-time for more than 3 years

ProsGreat problems, great thought leadership, great people development, great people

ConsBalancing work with the needs of ones life is sometimes difficult... in fact, through my experience with the Firm, I simply stopped making all plans with either my family or my friends... to the point where they just stopped inviting me

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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3 people found this helpful  

Great learning experience - but issues

Senior Consultant (Former Employee)
San Francisco, CA

I worked at McKinsey & Company full-time for more than 3 years

Pros* Great environment to learn core skills like problem-solving and communication -- which will serve you well wherever you go

Cons* Work-life balance terrible
* They aspire to be a meritocracy - but is not always followed (e.g., some senior partner and partners "protect" those individuals that further their own interests
* The company says they support expert consulting tracks - but has an ingrained "generalist" mentality - and values generalists more

Advice to Senior Managementwork on all the "cons" mentioned

Yes, I would recommend this company to a friend

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4 people found this helpful  

Great learning opportunity / Impersonal

Senior Associate (Current Employee)

I have been working at McKinsey & Company full-time for more than a year

Pros+ exit opportunities
+ breadth of learning opportunities; varied range of projects
+ smart coworkers

Cons- impersonal culture; churn / burn culture
- relationships last only as long as your engagement, so partners / EMs are often more concerned about the results than your experience on the team
- very quick to judge skills of associates / BAs; often given only 1 week to prove oneself - I've seen lots of brilliant coworkers hurt by this even though they really just needed more coaching and time

Advice to Senior ManagementTake TLAs more seriously

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3 people found this helpful  

Perfect stepping stone & more

Anonymous Employee (Former Employee)

I worked at McKinsey & Company

Pros* best internal mobility offering among top consultancies (both in terms of geography and industry)
* strongly value-driven culture that supports effective teamwork
* on average very flat hierarchy with strong emphasis on "obligation to dissent"
* excellent alumni network useful in finding a post-McKinsey job (if necessary)

Cons* if possible, stay away from projects in countries known for particularly bad work-life balance, incl. Germany, Italy, South Korea
* pays less than other top consultancies

Advice to Senior ManagementTry to standardize operational practices across countries/offices a bit more.

Yes, I would recommend this company to a friend

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McKinsey is a fantastic place to launch your career.

Anonymous Employee (Current Employee)

I have been working at McKinsey & Company full-time for more than 10 years

Pros1) McKinsey takes professional development and apprenticeship very seriously. You will learn more than you could imagine, faster than you could imagine
2). Firm leadership is doing a great job navigating the firm into the future as the consulting industry changes; leadership is heading in the right direction
3). The people are fantastic and the culture is great

Cons1). You have to have a lot of self discipline to keep work life balance reasonable
2). As the firm has gotten so much bigger there are a lot more structures and policies in place than before - feels more corporate

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Great place to start a career

Senior Associate (Former Employee)
New York, NY

I worked at McKinsey & Company full-time for more than 3 years

ProsSmart people, interesting projects, lots of responsabilities for such a young age, lots of interactions with senior executives

ConsWorking hours (+60 per/week) , lots of travel, salary was ok but not great

Advice to Senior ManagementImprove th elife style

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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The best place for newly graduated freshman!

Anonymous Employee (Current Employee)

I have been working at McKinsey & Company

ProsBroad industry exposure and frequent interaction with internal and external senior leadership
Rapidly build up personal network within the firm and from client side through short projects (avg. 8 weeks long project)

ConsHard to maintain work-life balance
Too much uncertainty about what/where will be your next project

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2 people found this helpful  

Insecurity among leadership shows

Senior ASC (Current Employee)
Chicago, IL

I have been working at McKinsey & Company full-time for more than a year

ProsGreat brand name
Open doors since its a great polishing school
Probably better than being at Bain or BCG

ConsPolitical beyond belief
Insecure leadership that sees McKinsey's position become less tenable by the day, and becoming more of a rubber stamp openly
Its a bunch of fiefdoms knitted together by outsourced page making, research teams (that basically google stuff for you) and boiler plate material used as 'knowledge documents'
Really nothing more to add, the lifestyle everyone is aware of, go in with your eyes open. Don't know why people are complaining about it, everyone knows about it!!

Advice to Senior ManagementNothing, the model is crumbling so do what you can while the going is still good for you

Yes, I would recommend this company to a friend

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