Monitor Group Reviews

Updated September 8, 2014
Updated September 8, 2014
100 Reviews
3.9
100 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Monitor Group President Bansi Nagji
Bansi Nagji
17 Ratings

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)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great place to start a career

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

    I worked at Monitor Group

    Pros

    smart people, culture, excellent training program. they do a great job with recruiting and building team with new analyst hires.

    Cons

    long work hours make it hard to keep a good social life, esp in NYC. the comp system is fair but could be more clear on feedback to actual bonus

    Advice to ManagementAdvice

    keep focused on the business, the company is very experimental which is great but the core consulting business is the most important

    Recommends
    Approves of CEO
  2.  

    A great MBA education--without the debt

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

    I worked at Monitor Group

    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

    Cons

    More 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 ManagementAdvice

    I 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.

    Recommends
    Approves of CEO
  3.  

    Overall, a great place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Case Team Leader
    Current Employee - Case Team Leader

    I have been working at Monitor Group

    Pros

    Ability 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.

    Cons

    Internal 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 ManagementAdvice

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

    Recommends
    No opinion of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5. 2 people found this helpful  

    A great place for a short time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Module Leader
    Current Employee - Module Leader

    I have been working at Monitor Group

    Pros

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

    Cons

    Working 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 ManagementAdvice

    People should be valued at Monitor.

    No opinion of CEO
  6.  

    Self loathing consulting company with promises they cannot keep !

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Module Leader
    Former Employee - Module Leader

    I worked at Monitor Group

    Pros

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

    Cons

    Very 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 ManagementAdvice

    I 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.

    Doesn't Recommend
    Disapproves of CEO
  7. 4 people found this helpful  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Case Team Lead  in  Chicago, IL
    Current Employee - Case Team Lead in Chicago, IL

    I have been working at Monitor Group

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    The 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.

    Recommends
    No opinion of CEO
  8. 1 person found this helpful  

    Great company, but facing management challenges

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Case Team Lead  in  San Francisco, CA
    Current Employee - Case Team Lead in San Francisco, CA

    I have been working at Monitor Group

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    Be more transparent about firm strategy, and be more aggressive about cutting groups that are not profitable.

    No opinion of CEO
  9. 1 person found this helpful  

    Great opportunities, but concentrated work with key clients/industries

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Consultant  in  Santa Monica, CA
    Former Employee - Consultant in Santa Monica, CA

    I worked at Monitor Group

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    Need more talent in the middle (MBA-level)

    Recommends
    No opinion of CEO
  10. 2 people found this helpful  

    Most innovative company in consulting

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

    I have been working at Monitor Group

    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 ManagementAdvice

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

    Recommends
    Approves of CEO
  11.  

    A collegial workplace, interesting case-work, but overworked

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Consultant
    Current Employee - Consultant

    I have been working at Monitor Group

    Pros

    - Interesting projects
    - Collaborative environment
    - Compelling IP

    Cons

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

    Advice to ManagementAdvice

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

    Recommends
    Disapproves of CEO

Worked for Monitor Group? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.