McKinsey & Company Reviews | Glassdoor

McKinsey & Company Reviews

Updated September 22, 2017
2,298 reviews

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  1. "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    fast moving, great place to learn

    Cons

    hard to achieve work life balance, pretty busy schedule


  2. "good place"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at McKinsey & Company full-time

    Pros

    $, training, benefits, car, food

    Cons

    long hours, tough, some bad people, egos

  3. Helpful (5)

    "Executive Assistant"

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

    I worked at McKinsey & Company full-time (More than 10 years)

    Pros

    Incredible environment and professionalism. The people are amazing, always pushing to improve and expand upon the value we brought to clients, as well as internally. Lots of opportunity for learning, expanding your knowledge, and to get involved in different practice areas of interest. Full benefit package was outstanding.

    Cons

    Challenging to maintain balance. Sporadic flexibilty with support staff...sometimes great...but also sometimes extremely rigid. Compensation increases very low, and evaluation process while very thorough, was discouraging & demotivating.


  4. "Engagement Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engagement Manager in Boston, MA
    Current Employee - Engagement Manager in Boston, MA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Ample learning opportunities
    Exposure to interesting problems and people

    Cons

    Politics
    Success is highly dependent on luck
    Partners are not very intellectual (1-2 out of 50 I've worked with truly know what they are doing. Most are just salesman)

    Advice to Management

    Hold partners accountable for their work and decisions.
    Stick to your values.


  5. "Partner"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at McKinsey & Company full-time

    Pros

    Incredible opportunity to grow as a professional and learn on the job, working with some of the most talented people in the world.

    Cons

    Work hours can be long, but professional growth is fast


  6. "Good training, tough schedule"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at McKinsey & Company full-time

    Pros

    -Very smart colleagues
    -Learn a lot in any industry that interests you
    -Strong global brand and reputation

    Cons

    -High pressure, stressful work environment
    -Very hierarchical
    -Primarily serve large, traditional industries

    Advice to Management

    Focus on improving culture


  7. Helpful (2)

    "People at the bottom are great, they turn to bad people when climbing the ladder"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fellow
    Current Employee - Fellow
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Nice people; good training opportunities; high learning curve

    Cons

    travel even when unnecessary, arrogant leadership - client first leads to unrealistic promises, unnecessary work and late hours.
    Once you're in, the firm takes over... you do evertything with your colleagues, even on weekends very often. If you are not careful, you are stucked in the bubble.

    Advice to Management

    just change.

  8. "Great"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at McKinsey & Company full-time

    Pros

    great company and benefits, great career development

    Cons

    Work life balance is still pretty hard, travel not very sustainable for women.


  9. Helpful (1)

    "Working with the smartest folks to deliver great impact"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Implementation Coach in Houston, TX
    Current Employee - Senior Implementation Coach in Houston, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    - Client Impact: It is very fulfilling to me to deliver great impact and making a difference by problem solving and coaching clients at all level (Senior Executives - Front Line Employees) to help build client capabilities and set them up for success for the long term.
    - People: I love working with really smart people everywhere, I have never been with a group of people this smart. The IQ level at this firm is definitely at the far end of the spectrum, the average IQ is probably 2 to 3 standard deviations above the total average IQ. The Firm does not go cheap on training people and helping develop leadership skills.
    - Compensation & perks: Great pay, health insurance, 401K and other benefits, in addition to other perks

    Cons

    You have to work for long hours, but the firm has many tools to help improve life style, it is up to you to create your own McKinsey. For me I enjoy the work I do, so I don't feel that working long hours is a con.

    Advice to Management

    Keep up what you are doing!


  10. Helpful (2)

    "McKinsey New York office (NYO)"

    StarStarStarStarStar
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    + Many opportunities across industries (mainly healthcare and banking) and functions (strategy & "finance", CCAR around Q4, some org, some marketing and sales)
    + Biggest office in the U.S. with lots of senior people (senior partners, partners) which can give you great exposure
    + Prestige - easy to move to other office/location if you start in NYO

    Cons

    - Extremely intense and competitive staffing process. Feels like an interview every time you are up for staffing. Absolutely prioritize people when you pick your studies (v. prioritizing location, function, client.
    - Hard to find supporters and sponsors who can really mentor you and guide you through your career. Think of it as "tribes," where you have to find "your people" - i.e., colleagues 1-3 layers above you who support you and then you have to purposely get re-staffed with the same group of people
    - Not forgiving at all. "You are as good as your last study" It takes 2-3 studies to recover a bad one, and you may never be able to recover if you get on a downward spiral. The inherent problem with consulting is that the evaluation process is very subjective. I can show a powerpoint deck to 5 partners and get completely different reactions. As such, relationships and "aligning" with your partners' agendas is extremely important.


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