McKinsey & Company

  www.mckinsey.com
  www.mckinsey.com

McKinsey & Company Reviews in New York City, NY

Updated December 12, 2014
Updated December 12, 2014
1,035 Reviews
4.2
1,035 Reviews
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McKinsey & Company Managing Director Dominic Barton
Dominic Barton
586 Ratings

Review Highlights

Pros
  • Very smart people to bounce thought off and get new angles that you haven't thought of (in 67 reviews)

  • Great people to work with, get to learn a lot from colleagues as well as senior leadership (in 26 reviews)


Cons
  • You have to have a lot of self discipline to keep work life balance reasonable (in 174 reviews)

  • Very long hours and a very high pressure environment leads to continual stress (in 175 reviews)

More Highlights

139 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    Great option for recent grad's

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 an year)

    Pros

    + Intense but collegial firm culture
    + Exposure to senior client team personnel (e.g., CEO, CFO)
    + Despite tech's cyclical ascendance, McKinsey brand still carries a lot of weight
    + Work and network with the smartest and most well-connected management consultants in the world
    + Comp is solid but won't get you close to your friends in IB

    Cons

    + Long hours / general stress
    + Clients can be highly demanding
    + Output can become your master

    Advice to ManagementAdvice

    + NYO (New York office) should try to import the culture of the other offices - I personally had a much better experience working with consultants out of Boston, Dallas, West Coast offices . . .

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    IT Executive - Firm Office - New York

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 10 years)

    Pros

    I get to work on the best projects, with the brightest people, on the best locations with vigorous budgets. Never in my extensive career have I had such resources available and a culture that fully supports all aspects of a projects success from both a business and technical aspect. McKinsey's benefits are phenomenal, they are very generous with personal time and time off policies- as long as you are meeting your goals. Honestly, has to be one of the greatest places in the world to work for someone that wants to contribute.

    Cons

    Some colleagues can be bratty and pretentious at times - especially some consultants and partners who feel because they have earned their stripes they can do no wrong. Thank goodness that most of the most senior partners consistently have their ear to the wall.

    Advice to ManagementAdvice

    Communications of high level plans ultimately have to make it to your teams on all levels and all topics, even non-project related. You can easily lose some excellent people by keeping company long term plans hush-hush and not bringing them up for discussion. We are supposed to be a flat structured company and we should remember that as one of our core values.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Super impressive people, Awesome opportunities and Awesome company

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

    I have been working at McKinsey & Company full-time (more than an year)

    Pros

    Strives to be non-hierarchical, Offers opportunities to work on game-changing projects for large and growing corporations and organizations. Great perks!

    Cons

    Lot of proactive work needed to build internal network

    Recommends
    Positive Outlook
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  5.  

    Fertile arena for professional development and exponential learning

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

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

    Pros

    Opportunity to work on a variety of engagements in different industries and function with some of the best clients within the Industry
    Very heavy emphasis on your professional growth and performance improvement.
    Focus on client impact is extreme and acute

    Cons

    Extensive travel demands especially on engagements requiring heavy onsite client interactions (but the learning opportunities far outweigh the travel overheads)

    Recommends
    Positive Outlook
  6.  

    Pushed to your limits

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

    I have been working at McKinsey & Company full-time (more than an year)

    Pros

    Fast paced, steep learning, great people

    Cons

    Political, long hours, lots of lows with less than ideal projects

    Advice to ManagementAdvice

    Staff people more accordingly in their early tenure

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Like every where else - your work experience will depend on who your manager is.

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

    I worked at McKinsey & Company full-time (more than 8 years)

    Pros

    Great healthcare & dental benefits. 401K Benefits are great too. You can work in any city you want - as long as your manager approves.

    Cons

    Can't really think of anything negative about the Firm. Big global Firm, if you go with the flow, you will be fine.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8. 2 people found this helpful  

    'Twas great

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

    I have been working at McKinsey & Company full-time (more than an year)

    Pros

    Totally loved working there. It was fantastic and a great first job out of college. Really don't have much negative to say

    Cons

    Long hours and a lot of travel. Often working on projects that were reflective of what could be sold but not necessarily the most pressing problems.

    Approves of CEO
  9. 2 people found this helpful  

    Great place to start a business career

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

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

    Pros

    Smart, ambitious, fun people, real dedication to mentorship and growth, 360 reviews means bad managers usually weeded out, huge perks, international travel, challenging problem solving,

    Cons

    Rigid structure, golden handcuffs, crazy hours, how well you do depends on if you can build relationships with a few key partners/directors so success seems random, not a good place if you are creative and too much outside the box

    Advice to ManagementAdvice

    Think more about work-life balance and different models. You are more and more on call as you progress up the Firm, and many smart and talented people who want to control their time are not willing to make the tradeoff.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Work on the hardest problems in the world with the best people

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

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

    Pros

    Best people you'd ever want to meet. Actually would be friends with them outside of work. They are intellectually curious, driven, and intent on success. Many are also fun.

    Cons

    The billing rates are so high that you want to deliver incredible, breakthrough value every day. This can be exhausting for everyone, including the clients, who generally cannot handle the pace or the torrent of information and insights that a McKinsey team produces. Ultimately, a lot of people burn themselves out.

    Advice to ManagementAdvice

    McKinsey has one of the world's best brands. This was built on decades of CEO-level consulting that focused not on tasks, but on wisdom. Gleaned from data and analysis, yes. But a McKinsey team should not be overly TASK focused. It is not a SCRUM, though sometimes the process is being managed that way.

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    Good Company

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

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

    Pros

    Fun place to work - lots of opportunities to grow and to have fun. Challenging work hours

    Cons

    Training could be better and provide more leadership, otherwise, not many bad experiences

    Advice to ManagementAdvice

    None, things are good

    Recommends
    Neutral Outlook
    No opinion of CEO

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