Monitor Group

  www.monitor.com
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Monitor Group Reviews

Updated Jul 11, 2014
All Employees Current Employees Only

3.8 98 reviews

76% Approve of the CEO

Monitor Group President Bansi Nagji

Bansi Nagji

(17 ratings)

82% of employees recommend this company to a friend

Review Highlights

Pros
  • Good Work life balance, Nice Salary, Senior Management visionary(in 7 reviews)

  • Great people to work and intenting to help you when you need(in 10 reviews)


Cons
  • Work life balance can get a bit screwed at times on projects(in 14 reviews)

  • Long hours as with many consulting firms(in 17 reviews)

98 Employee Reviews
Relevance Date Rating
in
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    A great MBA education--without the debt

    Anonymous Employee (Former Employee)

    Pros>Incredibly talented, unique, engaging people and culture--I learned so much from everyone I worked with and developed life-long friendships and contacts in the process
    >Lots of responsibility given right from the get-go... many "stretch" role opportunities if one demonstrates interest
    >Good travel model--don't have to work on-site at client all the time

    ConsMore generic to consulting as a whole but lifestyle--stress, travel, unpredictable often long hours leads to burn out. Pay just can't compensate you in the long run for what you give up in terms of work-life balance.
    Business and as a result, quality of projects can vary dramatically depending upon state of economy, office location, etc.

    Advice to Senior ManagementI think compensation needs to become more competitive (or at least the benchmarks for determining "competitive" needs to be made transparent ) in order to better retain talent.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Overall, a great place to work.

    Case Team Leader (Current Employee)

    ProsAbility to chart own career path based on one's interests, preferences, personal circumstances, etc. Flexible and accommodating when it comes to work-life balance, particularly women with young children at home, for whom consulting can be particularly brutal. Interesting projects, colleagues who are smart, interesting and down-to-earth.

    ConsInternal systems aren't all that well-developed (knowledge-sharing, etc) and as a result it relies on being a heavily network-driven culture. Also pay is below average for the industry (though some top performers are on-par or even over what they would make at competitors -- the distribution of overall comp is very wide)

    Advice to Senior ManagementRe-evaluate comp / benefits structure to ensure you can keep your top-notch people.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    2 people found this helpful  

    A great place for a short time

    Module Leader (Current Employee)

    ProsIt is a global company that provides many international opportunities, and you are free to accept them or not.

    ConsWorking in many different places/countries doesn't help you to trace a steep career path, because you are always leaving your comfort zone. Besides that, it doesn't pay salaries as high as the other consulting firms do.

    Advice to Senior ManagementPeople should be valued at Monitor.

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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Self loathing consulting company with promises they cannot keep !

    Module Leader (Former Employee)

    ProsWorking with top talent from premier institutions. Also, bright office spaces.

    ConsVery poor support from seniors. No work life balance. Decicions on advancement, promotion and staffing are made in a vaccum. Lack in communication for a consulting firm of this stature. Has poor project pipleine and is struggling by putting office space to lease. Benfits are not too the mark as compared to competition.

    Advice to Senior ManagementI think senior management is self obsessed. Its time for a reality check. Instead of letting employees go and ruin careers of new hires, it may be time for change at the senior management level. My own experience was disheartneing.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    4 people found this helpful  

    Monitor is an incredible place to work - consultants must establish boundaries to maintain a good work/life balance.

    Case Team Lead (Current Employee) Chicago, IL

    ProsWonderful, quirky, brilliant and passionate people who care deeply about each other and their work.
    Most cases require limited time at the client.

    ConsPoor work/life balance; high variability in management competencies across regions.

    Advice to Senior ManagementThe incentive system needs to be restructured at the sales level to ensure that cases are scoped properly (e.g, that CTLs have the support they need, that junior consultants aren't overburdened and burnt out). Allocations needs to be incentivized to take the initiative in ensuring good, well-rounded experiences for consultants, as otherwise the tendency is for the more amicable / less assertive consultants (often the better workers) to consistently receive worse allocations, eventually burning them out faster.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Great company, but facing management challenges

    Case Team Lead (Current Employee) San Francisco, CA

    ProsGood people. Influence over the projects you work on. You are not at the client full time.

    ConsManagement can be opaque. Less range of projects from a functional perspective.

    Advice to Senior ManagementBe more transparent about firm strategy, and be more aggressive about cutting groups that are not profitable.

    • Work/Life Balance
    • Senior Management
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    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Great opportunities, but concentrated work with key clients/industries

    Consultant (Former Employee) Santa Monica, CA

    ProsGreat people, intellectual curiousity, group-company approach allows high-performers ability to try new things

    ConsConcentrated set of clients in concentrated industries, very long hours due to dual-case load structure

    Advice to Senior ManagementNeed more talent in the middle (MBA-level)

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    2 people found this helpful  

    Most innovative company in consulting

    Consultant (Current Employee) New York, NY

    Pros- Fantastic colleagues: firm filled with supportive, smart, and fun people
    - Exposure to cutting-edge thinking on strategy, marketing, organizations, innovation
    - Work on important issues for institutions that matter
    - Potential for global experience
    - Individualized career paths
    - Commitment to social impact through New Profit, Monitor Institute, Regional Competitiveness practice

    Cons- Business portfolio currently too focused on Marketing Strategy for Pharma companies.
    - Group's priorities unfocused -- too many "group companies", and not everyone in the firm is aware of what capabilities there are out there (this is getting better, due to recent consolidations)
    - Lotus Notes

    Advice to Senior ManagementMore transparency on how firm is doing. Report that revenues continue to grow, yet the firm has undergone restructuring in '06 and '08?

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    A collegial workplace, interesting case-work, but overworked

    Consultant (Current Employee)

    Pros- Interesting projects
    - Collaborative environment
    - Compelling IP

    Cons- Less competitive salary than similar firms
    - haphazard career trajectory, despite attempts at transparency

    Advice to Senior Management- Provide more institutional forms of career development, in which you provide employees with clear benchmarks for growth.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    3 people found this helpful  

    Monitor Group - Endless Opportunities and Growth

    Consultant (Former Employee) Chicago, IL

    Pros*Extremely detailed feedback process keeps you aware of how to improve, and what you're doing well
    *Great opportunity to see many elements of business, if you're doing well and working hard you can attempt most anything you inquire about
    *Highly interesting and engaging work, lots of opportunities for high level interaction with clients and partners once you've established yourself on a couple cases
    *The informal networks are very strong, and very powerful if you're willing to establish them
    *The company has a very unpolitical and merit based feel at the lower ranks
    *The PD adviser system in place is usually very helpful in dealing with questions and comments
    *Most of the people are very hard working, empathetic, self effacing, and love to have fun. This leads to a great culture at the lower levels and a lot of fun can be had at company outings
    *Interviewing process is amazing, and very different. It puts candidates in very realistic situations and is a good indication of what work is like as a consultant
    *Company is very supportive of taking PTO, so long as you set it up ahead of time, and you're not too senior (e.g. not a senior Project Manager or Partner)

    Cons*The great diplomacy skills preached and practiced within the company sometimes go too far. The intent behind nearly all messages is obscured, and only the bare minimum of information is passed down from above concerning the firm
    *Human asset decisions can feel very random because of the lack of communication from above
    *Confidentiality policies have run amok. They have gone beyond protecting clients and have started to cut into productivity within the company
    *Benefits staff (one person for the whole company) is heavily strained, forcing people to deal with an ineffective third party benefits group
    *Senior ranks begin to appear political, and there are several partners who don't seem to do much other than collect big checks
    *Because there are no formal paths within the company, it can be hard to know what is really necessary to advance, especially at higher levels

    Advice to Senior ManagementConsider being more open and forthcoming about the intentions, timing and rationale behind internal decisions. Keep up the good work in picking the kind of people everyone can work well with, and clients like to interact with. Consider trying to do what's necessary to keep project managers around long enough to develop the skills they need to effectively manage cases. We at the lower levels would appreciate that.

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