McKinsey & Company

www.mckinsey.com

McKinsey & Company Reviews

Updated January 22, 2015
Updated January 22, 2015
1,067 Reviews
4.1
1,067 Reviews
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McKinsey & Company Managing Director Dominic Barton
Dominic Barton
601 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

Employee Reviews

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  1.  

    Best place to work for new hires

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

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

    Pros

    - super fast learning curve
    - grear camarades
    - incredible project
    - very varied work (in my case, 7 engagements, 7 industries)

    Cons

    Life-style: both long hours and travelling. Same as any strategic consulting firm

    Advice to ManagementAdvice

    Bad life-style can be kept for 2-6 years, then either things slow down or many make a move out. Reconsider slowing down the pace for seniors

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    rigorous focus on professional development

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Engagement Manager in San Francisco, CA
    Current Employee - Engagement Manager in San Francisco, CA

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

    Pros

    no other organization places as much emphasis on professional development
    really amazing set of people - caring, challenging and whip smart

    Cons

    your experience is highly dependent on which projects / client teams you join - which is largely within your control but not always

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Team Assistant

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

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

    Pros

    Great learning experience...top notch colleagues with a willingness to mentor, well compensated for hard work

    Cons

    long hours, sometimes unrealistic turnaround times expected

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    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
  6.  

    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
  7. 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
  8. 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
  9. 1 person found this helpful  

    One of the best companies to work for!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Knowledge Expert in Boston, MA
    Current Employee - Knowledge Expert in Boston, MA

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

    Pros

    Fantastic culture of professional development, curiosity, and client impact. They call it a caring meritocracy, and it is very true (exception below notwithstanding)

    Cons

    McKinsey deals with very large clients and very difficult decisions. What makes it a great company to work for, is also what makes it less dynamic than others. Don't go to McKinsey to be on the bleeding edge. There is also a bit of cast system in place where consultants are the chosen ones, and all others are structurally limited in getting the same opportunities.

    Recommends
    Neutral 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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