McKinsey & Company Reviews

Updated June 21, 2015
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McKinsey & Company Managing Director Dominic Barton
Dominic Barton
88 Ratings

Pros
  • You work with very smart people every day (very gratifying) (in 67 reviews)

  • Can stay for 2 years to learn a lot (in 26 reviews)

Cons
  • An efficient person who prioritizes work/life balance is working until 10/11pm every night (with a break for dinner) (in 174 reviews)

  • Long hours depending on the project (in 175 reviews)

More Pros and Cons

155 Employee Reviews

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  1. Helpful (28)

    Top notch

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

    I worked at McKinsey & Company full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Classy, top notch place to work. You feel like you're in with the good guys, and the smart guys - if not the cool guys. Fantastic place to learn the toolkit - you will use it for the rest of your career. Analyst --> early EM is a no brainer since you are learning a ton.

    Cons

    Like all very strong cultures, it is a bit cultish. You have to unlearn things if you stay too long, because the real world doesnt work like McKinsey. When you stay past EM, you're learning the McKinsey internals - which are less relevant in industry. Up o

    Advice to Management

    Up or out makes a lot of sense..but do you gain from losing top perfomers who are burnt out? Isnt it better to nurture them a bit to help them find their footing?


  2. Works hard learn lots

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

    I worked at McKinsey & Company full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Learn competencies and frameworks that will last a lifetime

    Cons

    Long hours, and limited autonomy

    Advice to Management

    none really


  3. Review MCK

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

    I worked at McKinsey & Company (Less than a year)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Good company. Lot of benefits. Good money

    Cons

    The open door policy is not really helpful as it is that open that if you face an issue with management. HR cant act to help you but only as a witness in the conflict! Really? Yes that was surprising for me too.


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  5. Great opportunities, fantastic people

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

    I have been working at McKinsey & Company full-time (Less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Access to senior business leaders, diversity of opportunities, training

    Cons

    The lifestyle can be hard particularly if you have to travel


  6. Engagement Manager

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

    I have been working at McKinsey & Company full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Great benefits, good exposure to wide variety of clients

    Cons

    Too much hierarchy, have to be subservient to a Director to get anything done

    Advice to Management

    Allow people the flexibility to make grown-up adult decisions


  7. Helpful (2)

    Associate

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

    I worked at McKinsey & Company

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Best in class people and projects that is the gold standard apprenticeship for leaders, unbeatable colleagues, projects and breadth of projects, industries and geographies

    Cons

    It's a perfect storm of pressure: insecure overachievers who demand their personal best all the time, an up or out structure which requires everyone to perform and high client expectations to justify the high fees

    Advice to Management

    It's high risk but high return and just like nobody ever gets fired for hiring McKinsey, it's rare for it to be a wrong step in your career


  8. Senior Analytics Specialist

    Current Employee - Senior Analytics Specialist in New York, NY
    Current Employee - Senior Analytics Specialist in New York, NY

    I have been working at McKinsey & Company full-time (More than a year)

    Pros

    Amazing company with outstanding benefits. Working with the smartest people you will ever meet.

    Very generous compensation model as well across all levels. Looks great on the resume and very supportive of other opportunities.

    Cons

    The hours are very long.... very, very long. Be prepared to learn more than you will at any other company, but at the lost of your personal life and your relationships.

    Additionally, clients are very demanding. We charge the most, and they expect the most. It comes at a cost.

    Advice to Management

    Don't force people to be up or out. Develop a program that allows a high performing employee to slow down their trajectory. Not every person wants to get promoted. Find a way to make "the funnel" work for those that don't want to speed through it.


  9. Helpful (5)

    Crash course of learning about yourself

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

    I have been working at McKinsey & Company

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    + Lots of feedback - to the point where you know exactly who you are.If you don't then they will define who you are
    + Great healthcare, travel perks etc.
    + Very patient with people - lots of people screw up but they are more patient than anyone else in the world

    Cons

    + Very hard if you don't drink the coolade - if you do, then you will be very happy
    + Teams are a big hit or miss - if its a great team, then there is nothing better in life. If bad, then nothing worse

    Advice to Management

    You only realize your impact when you step away - we don't do a good job of reflecting on our impact.


  10. Helpful (1)

    Engagement Manager

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

    I have been working at McKinsey & Company full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Learning new skills, responsibility to lead, smart people, access to top clients

    Cons

    Travel tiring if not managed, client service business


  11. Helpful (8)

    It's a living...

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

    I have been working at McKinsey & Company full-time (More than 5 years)

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

    Pros

    Good benefits package - excellent medical, vision, dental, and good 401K plan - if you're a 'lifer' then this might be a good fit for you

    Cons

    Zero work, life balance. EAs are not compensated for the level of work they do, no possibility for growth, no bonuses, and the partners get all the real perks here. It's a good training ground for 2 years max... After that, you burn out.

    Advice to Management

    Give bonuses to your CSSA and EA staff -they deserve it.



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