McKinsey & Company - Great people, excellent benefits, but limited opportunities for non-consultants | Glassdoor
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Helpful (5)

"Great people, excellent benefits, but limited opportunities for non-consultants"

Star Star Star Star Star
  • 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

I worked at McKinsey & Company full-time (More than 8 years)

Pros

People are professional, decent, smart, collaborative, and hard-working. The team-oriented structure and collaborative work ethic make doing most projects at McKinsey relatively enjoyable. Every place has office politics, but it seems much less than what friends have described at other firms. When you reach out to someone for help, they will most often be willing to work with you. Also, the problem-solving skills, communication skills, and attention to detail that is required have helped me on many endeavors outside the firm.

Cons

There are limited opportunities for non-consultants. This is understandable in that consulting is the core business and the entire model is oriented around that professional track. Many people with whom I have worked on the non-consulting track are actually overqualified for their roles, and the firm does not alway know how to use them to the best advantage. For non-consultants, I think McKinsey is good as a starting point if you are just beginning your career - after a couple years you can move on. Or, for experienced professionals, it's a good mid-career change if you are looking for a different way to apply what you have already learned but are not that concerned with moving up the career ladder.

Advice to Management

The single-minded focus on outsourcing all support functions (i.e., visual design, research, secretarial services) and emphasis on "hoteling" consultants is damaging to the value system the firm tries to uphold. This fracturing of the staff means that people do not really understand what anyone else does, and the behavior modeling that was such an important part of transferring firm values is far more difficult (or nonexistent) when there is limited interaction between leadership and everyone else, and among different groups of people.

Other Employee Reviews for McKinsey & Company

  1. Helpful (1)

    "One of the best places to work, ever"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Atlanta, GA
    Current Employee - Business Analyst in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great brand name, high level of impact, decent comp, global options

    Cons

    Long hours, pay is not great

    Advice to Management

    Keep doing a great job, but increase pay


  2. "Excellent people, often interesting work, so-so hours."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Approves of CEO

    Pros

    Your colleagues are of a uniformly high caliber. The work you're doing is often interesting, and you get to focus in on issues more quickly and deeply than those at the client organization (you may hear a client say "this meeting is the highlight of my day .. I get to focus on the interesting stuff for an hour"). Structured and purposeful focus on development.

    Cons

    Not all the work you do is meaningful -- this ranges from having to work on a model or deck that you know will not pan out, to an engagement not being taken up by the clients afterwards. Your colleagues are driven and the work you do is often inter-dependent, so that the hours can stack up.


There are newer employer reviews for McKinsey & Company
There are newer employer reviews for McKinsey & Company

See Most Recent

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