Booz & Company Reviews in New York City, NY | Glassdoor

Booz & Company New York City Reviews

Updated May 17, 2017
63 reviews

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New York City, NY Area

3.8
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Leslie Moeller
1 Rating

63 Employee Reviews

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Pros
  • Great place to build valuable skills and work alongside incredibly smart people (in 31 reviews)

  • Great people, roll up sleeves and get things done (in 13 reviews)

Cons
  • work life balance is a bit tough long hours stressful due to deadlines (in 75 reviews)

  • Long hours (which is pretty standard for consulting) (in 40 reviews)

More Pros and Cons

  1. Helpful (3)

    "Claim a fair environment with merit based rewards, in reality immoral and highly political"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Booz & Company full-time (More than a year)

    Pros

    Great people at the firm, some of the best I have worked with. True leaders can be found at Booz & Company, though unfortunately, very few at the management level. Booz is also a great place to learn and grow.

    Cons

    Do not promote based on merit, despite what is advertised. Also, have denied full-time employment to interns based on visa issues which interns were not notified of before agreeing to summer internships.

    Advice to Management

    Please start to reward your employees based on merit (both for promotions and bonuses). They deserve it. Additionally, do not offer internships unless interns can be offered full-time positions, or notify interns of any restrictions beforehand.


  2. Helpful (2)

    "Good learning opportunity but awful culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Booz & Company full-time (More than 3 years)

    Pros

    Challenging work, good set of colleagues at times and travel perks

    Cons

    Old Boys Club culture
    Business is very unstable
    Little regard for people and their needs - this is not a place to have a long term career
    Short sighted and incredibly arrogant leadership
    Did I say terrible culture?

    Advice to Management

    Put your ego aside and try to be a decent firm. Treat your employees like human beings and stop pretending you're anywhere as close to MBB as you think

  3. Helpful (6)

    "Terrible company - avoid"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate in New York, NY
    Former Employee - Senior Associate in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Booz & Company full-time (More than a year)

    Pros

    Because resources are so limited, you learn to do a lot yourself, making you more efficient when you leave for a full-service firm with greater support resources

    Cons

    Toxic culture fueled by downward spiral in sales performance and large inferiority complex; employees constantly moaning about the gap between Booz and MBB
    Dishonest leadership team that masked issues
    Rattling lay-offs of large group of new undergraduate intake (~40% of undergrad hires just 6 mos into their careers were fired)

    Advice to Management

    Be humble; PwC might not have a great brand, but they've grown a large organization and I presume foster a better culture. Learn from them.


  4. Helpful (1)

    "Typical consulting gig"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    No opinion of CEO

    Pros

    Primary pros associated with working for Booz & Company include compensation, and the ability to work alongside intelligent, driven people.

    Cons

    Despite verbal statements to the contrary, complete de facto disregard for employee preferences in the staffing process.
    Lack of consistency among middle and senior management with regard to teams' work life balance management.

    Advice to Management

    Management should focus on building credibility with staff by practicing what they preach in terms of staffing and work life balance.


  5. "Great exposure, development, and experience - if you're working with the right people"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Approves of CEO

    Pros

    - strong and visionary senior leadership team
    - opportunity to work on challenging and high impact client problems
    - down to earth staff with "roll up sleeves" style
    - practice structure allows those who want to specialize an opportunity to work in area of interest
    - good work-life programs (eg, sabbaticals, diversity networks)
    - fair compensation

    Cons

    - Passive aggressive culture with limited direct feedback
    - Virtually no formal training, and apprenticeship / on-the-job training breaks down at higher levels
    - recent short term local decisions call into question what the firm values
    - limited administrative support and general resources and poor knowledge mgmt mean that staff carry a burden that further reduces work / life balance

    Advice to Management

    Put clients and people first and everything else will fall into place. Raise the bar for expectations of partners regarding team leadership and apprenticeship.


  6. Helpful (1)

    "Compensation is off the charts, but that can't make up for shoddy management and muddled strategy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Booz & Company full-time (More than 3 years)

    Pros

    Everyone you work with at the ground level is smart; some of the principals are too.
    Benefits are pretty incredible.
    Overall, you are treated with respect.

    Cons

    Muddled strategy leads to messy project management.
    New strategy doesn't have much buy-in from partners or junior staff.
    Firm services perennially gets the shaft from client staff and management.

    Advice to Management

    Work out the infighting between global regional leadership. It's embarrassing to see otherwise capable and brilliant people acting like bratty children!


  7. Helpful (2)

    "Go somewhere else if you have the option, or you might now have a job 6 months in"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in New York, NY
    Current Employee - Consultant in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Booz & Company full-time (Less than a year)

    Pros

    -Great brand name to have on resume
    -Good experience and exposure, if you can network to the right projects
    -Solid mentorship, if you can find the right people to look out for you

    Cons

    -Requires knowing the right people: promotions not based on merit and project staffing is not based on skill set
    -Staff consistently treated as a resource: little focus on developing talent, high burn out rate from being overwork, and often treated as less than humans, with a very passive aggressive and acidic culture
    -Extremely cyclical business cycles: the lows are extremely low with more than 50% of staff on the beach. this resulted in a significant chunk of my starting class fired at 6 months into the job.

    Advice to Management

    -If you want to hire and retain talent, treat your people well

  8. Helpful (1)

    "Great professional development (when there are projects)"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Approves of CEO

    Pros

    The professional development is exceptional. By working on the most challenging problems with a great team of people, you will quickly ramp up your skill set and become an expert in many areas. Additionally, the review process is very thorough and provides a good picture of how you're doing, as well as opportunities for improvement.

    Cons

    When the economy slows down, companies buy less consulting services, and it is not uncommon for the majority of Booz consultants to be "on the beach" (i.e., not working on a client engagement). Being on the beach is nice for a few weeks, but it can drag out into months, a tiring process that leaves you demotivated and wondering why you're working for a firm where you aren't able to use and develop your skills.

    Advice to Management

    Be more transparent about business conditions. Formalize staffing and opportunities for international assignments.


  9. "There is a such thing as stupid question"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Doesn't Recommend
    No opinion of CEO

    Pros

    Some of the most intelligent people you'll ever work with.
    Open door policy and lots of visibility with Senior staff.
    High profile projects with top clients

    Cons

    Work-life balance is a myth. Employees are pushed to the limit
    Highly competitive amongst Associates. Feels like you're fighting others for your job, even after you've been hired.
    No training, so the expectation is that you come in and hit the ground running

    Advice to Management

    Take more time to groom and teach the Associates. Work is about learning as well as execution in order to be truly successful.


  10. "Getting Better All the Time - Needs Entrepreneurs"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    No opinion of CEO

    Pros

    100yr old start up with clean balance sheet and global spread

    Cons

    Imagination is pretty rare around this place. Some pockets throughout the levels - looking for people to lead.

    Advice to Management

    Take some bigger bets, and push higher standards for both client service and firm culture


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