McKinsey & Company Reviews in Florham Park, NJ | Glassdoor

McKinsey & Company Florham Park Reviews

5 reviews

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Florham Park, NJ

4.0
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5 Employee Reviews

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Pros
  • Steep learning curve with a supportive team environment, feedback heavy culture that is focused on strengths based personal development (in 73 reviews)

  • Great place to work with super smart people and good benefits (in 147 reviews)

Cons
More Pros and Cons

  1. Helpful (5)

    "Great company with smart people and great perks"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Assistant in Florham Park, NJ
    Former Employee - Executive Assistant in Florham Park, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The chance to work with really smart people and independent offices with great perks. Great company culture with good core values.

    Cons

    Little to no growth path for admin staff and very easy to get "comfortable" with the benefits and perks offered.

    Advice to Management

    Remember that admin staff are valuable and capable and would like the opportunity to grow as well.


  2. Helpful (2)

    "Great organization...great collective experience, but may be over-rated in some areas"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Partner in Florham Park, NJ
    Current Employee - Associate Partner in Florham Park, NJ
    Recommends
    No opinion of CEO

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

    Pros

    Great experience, processes and approach to problem solving is exemplary.
    Very smart people, professional...not a-holes to each other.

    Cons

    Not clear to me yet that the work is necessarily any better than specialized consultancies. What's different is that it's managed well, delivered to senior management and hence potentially more impactful.
    Unstructured to a fault...chaotic way of getting things done...even people who have worked here for years have a hard time explaining which group does what.
    Work life balance is poor, but that is accepted as the way it is.


  3. Helpful (2)

    "McKinsey is boot camp for management skills; tough to endure, but worth it in the long run"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate in Florham Park, NJ
    Former Employee - Senior Associate in Florham Park, NJ
    No opinion of CEO

    Pros

    Gain experience working on the inside of the worlds biggest companies, become an efficient decision maker, surround yourself with smart colleagues, and leave as a powerpoint ninja.

    Cons

    Long hours, incessant travel, and high pressure are all downsides you might expect from the consulting industry. A bigger downside is that for all of McKinsey's talk of innovation, the firm has a notably monolithic and conservative culture; out of the box thinking is generally not encouraged or rewarded.

    Advice to Management

    The firm should place greater emphasis on measuring client impact, and on understanding and fostering innovation within the firm.


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  5. Helpful (3)

    "Amazing opportunities but sacrifice your life"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Consultant in Florham Park, NJ
    Current Employee - Associate Consultant in Florham Park, NJ
    Recommends
    Approves of CEO

    Pros

    Incredible training opportunities, wide-based exposure, best-of-the-best respect/efficiency/thinking, ability to be around very smart and driven people constantly trying to improve, exposure to best in new thinking on a variety of topics, access to reams of data and past analysis which lets you very quickly jump into something, access to experts with diverse and deep experience on almost every topic, will make you an amazing strategic thinker who can consider almost every possible nook and cranny

    Cons

    Work-life balance is terrible, sometimes they feel the need to do every single possible analysis when it's just not necessary (time wasting), not common to be told "good job" so you must get used to always killing yourself and always being stressed with little return except for the resume and potential promotion

    Advice to Management

    Partners often push for more analyses than necessary, very hard to maintain relationships with constant new staffing (partners need to try to maintain relationships better), place could become a bit more "human" for example people greeting each other in the hallway


  6. "McKinsey is the best place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Florham Park, NJ
    Current Employee - Associate in Florham Park, NJ
    Recommends
    Approves of CEO

    Pros

    Impact-- The impact of the work done by the firm is tremendous from turning around poorly performing businesses to developing strategies for new situations.
    Broad mix of industries and geographies--Many fortune 500 companies, mid-size companies, governments, public organizations
    The people-- really smart, motivated and collaborative,
     meritocratic culture-- age and experience is no bar to rise on the job,
    great opportunity to learn about business-- exposure to really senior management at a relatively young age. Where else would you get a chance to understand the makeup of senior leadership and understand the DNA of leading companies
     perks-- trips and events to boost connectivity are fun and really thought out,
    opportunities to learn-- many classes available on professional development-- content, leadership and other. Non-MBA's get a mini-MBA training. There is also a Leadership workshop after finishing a year at the firm.
    entrepreneurial spirit-- one can do whatever one chooses to do, any industry, or functional area.

    Cons

    Lifestyle could get intense for family

    Advice to Management

    None


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