McKinsey & Company Reviews | Glassdoor

McKinsey & Company Reviews

Updated April 26, 2017
2,092 reviews

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2,092 Employee Reviews

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Pros
  • challenging work, steep learning curve, best first job ever (in 73 reviews)

  • work with a ton of smart people and very good office culture (in 143 reviews)

Cons
More Pros and Cons

  1. Helpful (1)

    "Fabulous people"

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

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

    Pros

    + The smartest, hardest working people anywhere
    + Interesting problems of all types
    + Values driven approach and commitment to putting the client first
    + Very healthy pay and incredible benefits

    Cons

    + Work life balance is tough to find
    + It's an ocean -- if you don't find a mentor, it can be huge and overwhelming
    + If you don't look out for your own best interests, no one else will


  2. "Associate"

    Star Star Star Star Star
    • 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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great learning and career opportunities

    Cons

    High stress, work life imbalance


  3. "Higher is only heaven"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Implementation Coach (Associate) in New York, NY
    Current Employee - Senior Implementation Coach (Associate) in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    A bunch of brilliant folks saving the world

    Cons

    Saving the world can be very very tiring and weary

    Advice to Management

    Not everyone is cut out to be a mentor, gotta somehow pimp up the mentorship program.


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  5. "Unique culture with ability to pursue your own path"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate General Counsel in New York, NY
    Current Employee - Associate General Counsel in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at McKinsey & Company full-time (More than 8 years)

    Pros

    Smart people, ability to be flexible in the way you work if you take ownership

    Cons

    if not on partnership track then compensation quickly hits glass ceiling, the feedback can be brutal at times and tenure can be cut short if not meeting standards

    Advice to Management

    be more flexible with the people models to give people bigger piece of the pice - more profit sharing


  6. "Digital Expert"

    Star Star Star Star Star
    Current Employee - Digital Expert/Big Data Engineer in New York, NY
    Current Employee - Digital Expert/Big Data Engineer in New York, NY

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

    Pros

    Professional Environment, and Challenging Opportunities

    Cons

    Extensive Traveling, Long Working hours


  7. Helpful (5)

    "Outstanding infrastructure and professional development, poor lifestyle"

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

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

    Pros

    World leading infrastructure to develop and hone skills as a strategic business thinker; can't imagine a better place to start a career with a bang; amazing professional development team that genuinely works to try balance needs of the frontline consultant with that of the projects/clients

    Cons

    Politics and difficult personalities emerge as you grow in tenure--you either find a sustainable pocket which you can thrive, otherwise turns miserable quite quickly particularly as you pivot from the EM to parnership roles.

    Advice to Management

    Those that thrive and survive through tenures and elections weren't those that I found inspirational; rather, those that would often crush teams & EMs and play politics remain. While the foundation is second-to-none, I believe overlooking what's happening under the hood and the evolving personality/makeup of the partnership is what will undermine the firm's future.


  8. "Great benefits and career progression"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Principal in San Carlos, CA
    Current Employee - Associate Principal in San Carlos, CA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Benefits, people, Great people to work with and travel is always very flexible.

    Compensation rises quickly compared to other industry positions

    Cons

    Work life balance is challenging. Travel is good the first few months but then it gets really boring and you yearn for abnormal life style

    Advice to Management

    Manage life style better


  9. "consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Consultant in Boston, MA
    Current Employee - Senior Consultant in Boston, MA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    health insurance, reasonable hours,obama worked here

    Cons

    bad salarys, Bureaucracy,office policys, chain of command


  10. Helpful (1)

    "Fantastic Organization"

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

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

    Pros

    Great place to learn and grow

    Cons

    Lack of work life balance


  11. Helpful (5)

    "Be an EA at Another McKinsey Office if Possible"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Assistant in Tampa, FL
    Current Employee - Executive Assistant in Tampa, FL

    I have been working at McKinsey & Company full-time

    Pros

    Great Benefits. Casual environment. Friday lunches paid for by the firm. Kitchen stocked with drinks and snacks. Opportunity for a raise to salary once a year.

    Cons

    Major issues are capacity and relief for EAs. No growth opportunities. (You can move to another position in the service center, but more than likely you will take a major pay cut). If your consultant makes partner, you are encouraged not to move to their region that they work out of and become an in-office EA. Additionally if your consultant becomes a partner and you do not wish to continue to be their EA at the Tampa Service Center, you are encouraged to just accept the position.

    No travel opportunities to help with consultant's needs, unlike the other McKinsey offices around the world.

    Encouraged not to talk about transfers to other McKinsey offices or regions within the Tampa Service Center with the consultants you support, even if you have supported them for a long time and have built a close relationship. The consultants are the last ones to know when a change is happening to their support, and for the most part they generally have no say in the change.

    No professional recommendations can be given once you have left the firm to either work somewhere else or continue your education. This remains true for not only your consultants, but also the managers who you report to. No one is able to comment on your work ethic. HR can only confirm that you used to work for the firm.

    The pay allows you to just barely be able to live on your own, especially if you have student loan payments to make. It can be hard to save money. Many EAs have side jobs, including working as servers in restaurants, or selling things from home, like Mary Kay or LulaRoe, just to be able to save up enough money to spend a little extra on things or create a decent savings account.

    Advice to Management

    Focus hiring on only certain regions and relief.
    Certain regions are more over capacity than others.
    Relief is poorly run. Relief is not treated as a priority when hiring, when it should be. Especially with over 200 EAs that count on relief.

    The management needs to be more transparent and more approachable.

    Issues and questions need to stop being "lost" in the chain of command.


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