McKinsey & Company

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McKinsey & Company Reviews

Updated August 20, 2014
Updated August 20, 2014
941 Reviews

4.2
941 Reviews
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McKinsey & Company Managing Director Dominic Barton
Dominic Barton
531 Ratings

Review Highlights

Pros
  • Very smart people to bounce thought off and get new angles that you haven't thought of (in 65 reviews)

  • Great people to work with, get to learn a lot from colleagues as well as senior leadership (in 24 reviews)


Cons
  • You have to have a lot of self discipline to keep work life balance reasonable (in 160 reviews)

  • Very long hours and continual expectation of over-performance (in 158 reviews)

More Highlights

Employee Reviews

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  1.  

    Continually challenging studies keep your learning curve at an all-time high

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

    Pros

    To get up to speed on the widest variety of businesses with the deepest levels of insights at the shortest possible time. Good pay.

    Cons

    100% travel, no life-work balance, heavily stressful for 'insecure over-achievers' (the known model for McKinsey recruits) due to up-or-out policy, intensely critical of each other in feedback that could scar some egos if not handled the right way. You need to fit in, there are no heroes.

    Advice to ManagementAdvice

    If and when you hire experienced hires in senior roles, you need to set expectations on the very fundamental things that are different about the firm compared to other consulting firms or industry. People bring different types of talents - not everyone fits the exact same model a McKinsey employee should fit in. Their contributions need to be leveraged in a different way.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Great company

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

    Pros

    Fantastic culture that brings out the highest quality work in most people
    Amazing exit opportunities--a year at McKinsey is worth 2 or 3 years at other jobs
    Huge responsibility--I was actively working with senior executives from day one

    Cons

    The hours can be stressful, as can the "up or out" culture. Statistically speaking, most people are not making it to the partner level. I left for business school and knew I would not come back because of the lifestyle constrains.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 2 people found this helpful  

    Best possible experience right out of school

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst
    Former Employee - Business Analyst

    Pros

    Incredible people (both talented and caring -- though of course there are always exceptions), steep learning curve, real company values, best possible preparation for future business environments (not to mention exit opportunities) that one could ask for

    Cons

    Work-life balance is obviously tough with 4 days+ weekly travel and highly variable project hours, though it can be managed by working with the right people and in the right functions; it is a large corporation at the end of the day, so it's a little tough to flex your 'entrepreneurial' muscles

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    Great company

    • 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

    Pros

    Great, smart colleagues and interesting work across many industries, very powerful and intriguing corporate culture

    Cons

    none outside of traditional downside of being a strategy consultant (travel, hours)

    Advice to ManagementAdvice

    -

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Amazing Development Experience

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

    Pros

    - opportunities to work with high level executives
    - exposure to a range of business problems
    - committed support network for your development

    Cons

    - long hours
    - more long hours

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Good

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Very good job to work at.

    Cons

    Nothing significant at all for now.

  8.  

    Superb personal development, coworkers and culture; work-life balance leaves a bit to be desired

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

    Pros

    - McKinsey leadership is always pushing you, leading to significant personal development in a short time
    - Culture of knowledge building and client impact is truly special
    - Partners provide truly inspiring leadership and mentorship

    Cons

    - Travel wears you down after a while. Many folks travel Monday through Thursday every week. Mondays are awful, nothing like waking up at 4:30 AM for a flight every week

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    High powered organization that really drives impact

    • 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

    Pros

    Leadership inspires its employees to work hard and drive impact for the clients. Great network and potential to work on interesting projects across the world

    Cons

    Long hours is definitely at the top of the list and the need be on all the time

    Recommends
    Approves of CEO
  10.  

    Good to learn

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    1. Good place to build up your relationships. 2. Quite a good environment for new grad to learn from different people.

    Cons

    Interns are not easy to get return offer. Especially for some departments, they are not recruiting any more for recently.

  11.  

    Good starter

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

    Pros

    good starting pay; great benefits, amazing 401k

    Cons

    hard to move up; pay doesn't increase much over time; corrupt management

    Recommends
    Negative Outlook
    Approves of CEO

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