McKinsey & Company Reviews | Glassdoor

McKinsey & Company Reviews

Updated May 4, 2017
63 reviews

Filter

Filter


2.0
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO

63 Employee Reviews

Sort: Popular Rating Date

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 (1)

    "Great Place as long as you play the politics correctly"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Technician in Chicago, IL
    Former Employee - IT Technician in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Fun and Rewarding place to work

    Cons

    Overly Political place to work

    Advice to Management

    Your best people are usually the ones you neglect.


  2. "The Perfect Pint"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Junior Purchasing Associate in Miramar, FL
    Former Contractor - Junior Purchasing Associate in Miramar, FL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at McKinsey & Company as a contractor (Less than a year)

    Pros

    Pros for working at the Optimize group in Miramar, FL include free Nature Valley bars, the embedded illusion that you are pursuing a strong career path based solely on the name of the company (you already know where this is going), and the nearby city of Ciudad Juárez. The women at the office are generally very pretty which coincides with hiring rituals: smoke shows only (imagine what some have done to get promoted). Another pro, you do not need to be smart to get this job and I am living proof; because I accepted the job in the first place.

    Note: Work for McKinsey as a consultant if you can and you will work tremendously hard but will have a career worth pursuing for a company worth your effort. Anything business services related, stay away from. You can get a better offer elsewhere. Want proof? The high turnover rate here should be enough. If you perceive the situation as getting your foot in the door, you have already been sold.

    Cons

    The biggest con was the illusion that upper management was creating value for the firm. Compensation is the ultimate measure of how much value employees bring to the table, how much they are worth. Many of my peers suffer dramatically low wages of $10-15 (~$30K annual) an hour pre-taxation. These are people with MBA's and work experience making this sort of money to perform as if possessed.

    The contractor role exists to put bodies on the ground and save money, but actual employees looked miserable on a daily basis. With a top education from the northeast and years of work experience, I was compensated the same as local community college students working beside me (or in the lobby because there was not enough desk space for them; nothing against community college...) The out of work conversations I had with folks that made between $75-110K annually did not convince me that there was a future here, no matter how long it took to become full time (often 2 years minimum).

    I strongly recommend not taking the contractor role unless compensation is high and the role exists outside of this office. Be prepared to be pitched the company name to get you in the seat. A contractor role is an internship for well educated and experienced personnel here at Optimize in Miramar, FL (upscale Detroit) who accept one of the lowest available wages the market could provide them with.

    The biggest con was that many of these people were robots, not people; especially Patrick Bateman (if you chuckled at this reference, you do not belong at this office). I do not fault them for being androids, I fault management.

    Advice to Management

    Act like men; I can explain it to you, but I cannot understand it for you.


  3. Helpful (2)

    "Relevant to Executive Assistant Positions Only"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Assistant in Washington, DC
    Current Employee - Executive Assistant in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    If you are okay with only being allowed to work overtime after having to jump through various pre-approval hoops and otherwise working a strict 35 hour work week, this is the place for you.

    Cons

    EAs typically do not work collaboratively. Partners have 24/7 demands of you and are typically unresponsive to your emails or phone calls. Engagement Managers and Associate Partners are mostly disrespectful and demanding of your already very limited time. It's impossible to complete your work in 35 hours each, while your partners are working around the clock. Catch 22. Demands are high, hours are very restricted. Can be a lose lose situation unless you are willing to volunteer your time.

    Advice to Management

    Management is not receptive to advice/feedback.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    "Overworked and underpaid"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Experience Design Director in New York, NY
    Current Employee - Experience Design Director in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Good name recognition for your next job - which you will need because you will burn out after a few years.

    Cons

    Doesn't value a work / life balance. Most upper management is cut from the same cloth and isn't great to emulate.

    Advice to Management

    Speed and an "on to the next one" mentality isn't good for building long term value in your employees or with your clients.


  6. Helpful (3)

    "What"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Engagement Manager in Seattle, WA
    Former Employee - Engagement Manager in Seattle, WA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Wide range of experience
    You'll develop stronger problem solving and communication skills than anywhere else I've ever been.

    Cons

    Horrible work-life balance
    No mentoring/support unless you have already proven yourself to be a rockstar


  7. Helpful (1)

    "Engagement Manager"

    Star Star Star Star Star
    • 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

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

    Pros

    Great benefits, good exposure to wide variety of clients

    Cons

    Too much hierarchy, have to be subservient to a Director to get anything done

    Advice to Management

    Allow people the flexibility to make grown-up adult decisions


  8. Helpful (1)

    "Only for 2-3 years"

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

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

    Pros

    Fast track, variety of experience across industries, c level presence

    Cons

    No life balance, culture of constant self promotion

    Advice to Management

    None


  9. Helpful (1)

    "Diverse people solving any world problem you can think of"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Minneapolis, MN
    Former Employee - Business Analyst in Minneapolis, MN
    Doesn't Recommend
    Positive Outlook

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

    Pros

    Incredibly variety of global issues being addressed
    Immense responsibility and opportunity given to young professionals
    Immediate credibility due to previous work
    Supportive both on the way in and the way out for all employees

    Cons

    Lifestyle involves nearly 100% travel when on client work
    Expectation of working long evenings
    Little on the job training during projects


  10. Helpful (4)

    "Marvin Bower should be turning in his grave"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Member of Firm Functions in New York, NY
    Current Employee - Senior Member of Firm Functions in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at McKinsey & Company full-time (More than 10 years)

    Pros

    Good salary and benefits
    Highly intelligent and capable co-workers, although many are insecure overachievers
    Interesting and challenging work for consultants

    Cons

    Horrible work-life balance
    Non-consultants are second class citizens
    1,000+ partners who each expect to be treated as king/CEO
    A business management consulting company that is woefully ignorant of its own management problems

    Advice to Management

    McK is straying further and further from its core values and the late Marvin Bower would be appalled at the current state of things. There is no more "One McKinsey"; it's more like "A Tale of Two Cities" between consultants and non-consultants and the firm's annual Values Day based upon Marvin's core values is sheer hypocrisy at this point. Too many seven-figure senior partners nevertheless still consumed by greed and Rajat Gupta is only a symptom of a more widespread problem at the top of the firm. Non-partner senior managers under enormous stress and workload to attempt to placate the endless demands of partners who all want immediate attention and special treatment and the rules to apply to everyone but them. Even junior level staff are expected to work long hours and be available 24/7 despite having no bonus opportunity ("prod pay"). In general, non-consultants are viewed as nothing but a cost center to be eradicated wherever possible with remaining members expected to put forth Herculean efforts for the sole privilege of working at McK. .


  11. Helpful (2)

    "ots of untapped potential as a company"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Consultant in New York, NY
    Former Employee - Senior Consultant in New York, NY
    Doesn't Recommend

    Pros

    Flexible work hours, 40 hours a week typically but can easily get to 60+ hours a week which is still good considering the pay.

    Cons

    - Not management not committed enough
    - Lack of vision and understanding of the market they operate within (naive management style)
    - Far too many people from a single community
    - Territorialities and silos
    - Lack of customer and people focus

    Advice to Management

    If the company bets on hiring a few proven sales people and senior analysts, there would be a change in the perception the clients have of the company. Employee´s morale is really low and people feel underappreciated. There is much potential, please remember that happy employees are committed employees.


Showing 63 of 2,238 reviews
Reset Filters