Oliver Wyman Reviews

Pros

Consistently has some of the most unique, friendly, and interesting staff in the business.
Great place for international travel.
Content can be engaging in strategy projects.
Lack of management infrastructure gives a entreprenurial feel to the business, meaning you can make whatever you chose of it.

Cons

Lack of management and infrastructure while sometimes a plus, can be a huge pain.
In recent years, the firm has been running in overdrive with little downtime.
Compensation is broadly out of line with equivalent levels of responsibilities at other firms and more political that some might prefer.

Advice to Senior Management

Revisit the performance management system.
Develop a coherent North America strategy.

Pros

There are alot of smart people and the pay is decent. You have some opportunity to travel abroad for work. People like to drink alot

Cons

Do not sponsor MBA. Long hours. No checks and balances on partners - they can abuse consultants as much as they want. Very little freedom in staffing process

Advice to Senior Management

Change incentive system for partners to align more with firm.

Pros

Steady Paycheck
4 weeks vacation
Regional Firm Days with all expense paid trips for all staff as a team building exercise

Cons

Poor Management Staff
Lack of communication
Overworked consultants
Cranky overbearing partners
Heavy workload with little time to balance work/life
Not a very diverse environment to work in
Fast talking HC department that doesn't really care about employee concerns

Advice to Senior Management

Recruit with Diversity and Inclusion in mind
Promote based on skill set and not tenure
Recruit more competent managers to reduce turnover rate

Pros

-Young peers and fun atmosphere
-great management from the lower level managers
-reasonable pay consistent with the industry
-easy to climb the ladder

Cons

_sometimes upper level management seem to forget that analyst and consutants exist
-most work better to market our name in a competitive environment

Advice to Senior Management

dont forget our analyst and dont forget to market our name beyond europe. we are a growing company, if we stop now, we will die

Pros

steep learning curve - teaches good analytical and presentation skills
interesting people
perks

Cons

work/life balance non-existent
meaningfulness of work

Advice to Senior Management

care more about your employees
maintain integrity of the work

Pros

The firm provides interesting work, smart people to work with, and decent salary and benefits. It's questionable why a consulting company like this one should be under the MMC umbrella.

Cons

Although the marketing dept is working on it, brand awareness is very low due to the frequency of name changes. It's hard to compete with the better-known brands.

Advice to Senior Management

Break up the silos so that each part of the firm can equal more than its share as a whole.

Pros

Good colleagues
Great off-sites
Good pay your first year

Cons

No brand recognition
Long hours
Excessive travel schedule
Boring/Back-office type projects
Poor exit opportunities

Advice to Senior Management

Strengthen your brand name
Put more emphasis on career development

Pros

Very smart people
Very driven people
Youthful, fun culture
Reasonable expense policy
Opportunity for travel

Cons

MIs-managed staffing (you will get staffed on projects you absolutely hate)
Work you to the bone; if you are lucky, you get nice staffing policies (maybe 60-65 / week); if you are unlucky - welcome to IBanking Hours + Travel

Advice to Senior Management

The "eat what you earn" model makes sense to some extent, but it is limiting the company from being a real competitor and a brand name as recognized as McKinsey / Bain / BCG. Seriously - people are smarter than many of those places but the company refuses to grow to become as successful as it could. And by the way - doing that does not come from working consultants like crazy or in unsafe global locations.

Pros

Managers are very good about managing work/life balance, at least for employees. They value competence in their employees. Good time off and good benefits. Tuition reimbursement and encouragement to "better" one's self

Cons

For Administrative Assistants, there is little to no room for advancement. There is no cooperation between departments so work flow is not evened out. Little training for admins.

Advice to Senior Management

More cooperation across groups, including administrative support would better utilize available talent.

Pros

Top level strategy engagements that are challenging and interesting
Great people/culture
Fast upward mobility and flexibility in changing between business units
Large moves toward fully integrating all recent acquisitions

Cons

Still some growing pains as acquisitions are incorporated into business
Need to work on improving recruiting effort and brand given the current size of firm

Advice to Senior Management

Continue investing in brand and a strong recruiting effort...we've grown faster than our competitors and need to make sure we go to bat as firm of comparable size since we're anything but niche at this point