Monitor Group Reviews | Glassdoor

Monitor Group Reviews

Updated June 16, 2017
129 reviews

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129 Employee Reviews

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Pros
Cons
  • Tough work life balance, significant travel sometimes required (in 16 reviews)

  • You work very long hours and sometimes is due to lack of work structure and plan (in 22 reviews)

More Pros and Cons

  1. Helpful (4)

    "Monitor is an incredible place to work - consultants must establish boundaries to maintain a good work/life balance."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Case Team Lead in Chicago, IL
    Current Employee - Case Team Lead in Chicago, IL
    Recommends
    No opinion of CEO

    Pros

    Wonderful, quirky, brilliant and passionate people who care deeply about each other and their work.
    Most cases require limited time at the client.

    Cons

    Poor work/life balance; high variability in management competencies across regions.

    Advice to Management

    The incentive system needs to be restructured at the sales level to ensure that cases are scoped properly (e.g, that CTLs have the support they need, that junior consultants aren't overburdened and burnt out). Allocations needs to be incentivized to take the initiative in ensuring good, well-rounded experiences for consultants, as otherwise the tendency is for the more amicable / less assertive consultants (often the better workers) to consistently receive worse allocations, eventually burning them out faster.


  2. Helpful (1)

    "Great company, but facing management challenges"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Case Team Lead in San Francisco, CA
    Current Employee - Case Team Lead in San Francisco, CA
    No opinion of CEO

    Pros

    Good people. Influence over the projects you work on. You are not at the client full time.

    Cons

    Management can be opaque. Less range of projects from a functional perspective.

    Advice to Management

    Be more transparent about firm strategy, and be more aggressive about cutting groups that are not profitable.

  3. Helpful (1)

    "Great opportunities, but concentrated work with key clients/industries"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Santa Monica, CA
    Former Employee - Consultant in Santa Monica, CA
    Recommends
    No opinion of CEO

    Pros

    Great people, intellectual curiousity, group-company approach allows high-performers ability to try new things

    Cons

    Concentrated set of clients in concentrated industries, very long hours due to dual-case load structure

    Advice to Management

    Need more talent in the middle (MBA-level)


  4. Helpful (2)

    "Most innovative company in consulting"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in New York, NY
    Current Employee - Consultant in New York, NY
    Recommends
    Approves of CEO

    Pros

    - Fantastic colleagues: firm filled with supportive, smart, and fun people
    - Exposure to cutting-edge thinking on strategy, marketing, organizations, innovation
    - Work on important issues for institutions that matter
    - Potential for global experience
    - Individualized career paths
    - Commitment to social impact through New Profit, Monitor Institute, Regional Competitiveness practice

    Cons

    - Business portfolio currently too focused on Marketing Strategy for Pharma companies.
    - Group's priorities unfocused -- too many "group companies", and not everyone in the firm is aware of what capabilities there are out there (this is getting better, due to recent consolidations)
    - Lotus Notes

    Advice to Management

    More transparency on how firm is doing. Report that revenues continue to grow, yet the firm has undergone restructuring in '06 and '08?


  5. Helpful (3)

    "Monitor Group - Endless Opportunities and Growth"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Chicago, IL
    Former Employee - Consultant in Chicago, IL
    No opinion of CEO

    Pros

    *Extremely detailed feedback process keeps you aware of how to improve, and what you're doing well
    *Great opportunity to see many elements of business, if you're doing well and working hard you can attempt most anything you inquire about
    *Highly interesting and engaging work, lots of opportunities for high level interaction with clients and partners once you've established yourself on a couple cases
    *The informal networks are very strong, and very powerful if you're willing to establish them
    *The company has a very unpolitical and merit based feel at the lower ranks
    *The PD adviser system in place is usually very helpful in dealing with questions and comments
    *Most of the people are very hard working, empathetic, self effacing, and love to have fun. This leads to a great culture at the lower levels and a lot of fun can be had at company outings
    *Interviewing process is amazing, and very different. It puts candidates in very realistic situations and is a good indication of what work is like as a consultant
    *Company is very supportive of taking PTO, so long as you set it up ahead of time, and you're not too senior (e.g. not a senior Project Manager or Partner)

    Cons

    *The great diplomacy skills preached and practiced within the company sometimes go too far. The intent behind nearly all messages is obscured, and only the bare minimum of information is passed down from above concerning the firm
    *Human asset decisions can feel very random because of the lack of communication from above
    *Confidentiality policies have run amok. They have gone beyond protecting clients and have started to cut into productivity within the company
    *Benefits staff (one person for the whole company) is heavily strained, forcing people to deal with an ineffective third party benefits group
    *Senior ranks begin to appear political, and there are several partners who don't seem to do much other than collect big checks
    *Because there are no formal paths within the company, it can be hard to know what is really necessary to advance, especially at higher levels

    Advice to Management

    Consider being more open and forthcoming about the intentions, timing and rationale behind internal decisions. Keep up the good work in picking the kind of people everyone can work well with, and clients like to interact with. Consider trying to do what's necessary to keep project managers around long enough to develop the skills they need to effectively manage cases. We at the lower levels would appreciate that.


  6. Helpful (1)

    "The perfect place for smart, intellectually curious dilettantes"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Chicago, IL
    Current Employee - Consultant in Chicago, IL
    Recommends
    Approves of CEO

    Pros

    The exposure to client C-level problems, and the opportunities for personal growth

    Cons

    The lack of name recognition, (telling someone you work for Monitor doesn't prompt the "wow" that McKinsey does) and the lack of formal training. Monitor has a strong mentorship culture, but it doesn't suffice to make up for a well structured, ongoing, formal training program. Also, total compensation is highly impacted by annual bonuses that are quite substantial, but the process by which the bonuses are allotted is mysterious

    Advice to Management

    Don't overdo the commercialization push --- Monitor is a perfect place for intellectually curious people who have broad interests, who want to make a positive impact... I'm worried that we're losing what has made us a special place, by pushing the commercialization of IP so hard.


  7. Helpful (2)

    "Working meritocracy for the nerdy business type"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in San Francisco, CA
    Current Employee - Consultant in San Francisco, CA
    Recommends
    No opinion of CEO

    Pros

    It's cliched, but the people are great -- smart, entrepreneurial, and overall just very friendly and open to sharing experiences and knowledge. And definitely a bit on the nerdy side. With no "up or out" policy, people are not competitive and there is more freedom around customizing a career path that works for individuals. The company is also very meritocratic. If you are smart and demonstrate leadership capabilities, they will give you as much as you want to take on... and reward you with appropriate bonus.

    Cons

    The downsides of a meritocracy is that if you are a strong performer and they feel like you can take on more, you are pushed to take on more leadership roles and more management roles... so you're often never "comfortable" and not coasting in a role. You can often feel like you're constantly on a learning curve with the attending low level stress of mastering new skills.

    Advice to Management

    Compensation is behind other similar employers. The people at Monitor are what make the place. Compensate and match benefits appropriately to other similar employers.

  8. "Great place to work."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Cambridge, MA
    Former Employee - Consultant in Cambridge, MA
    Recommends
    No opinion of CEO

    Pros

    One of the best reasons is to learn about different industries and management topics. It is also a great place to get international experience and exposure to smart people. It is amazing the great people you meet and work with at Monitor.

    Cons

    One of the biggest downsides is related to work and personal life balance. But I would say this is something related to the management consulting industry as a whole. Monitor does do a good job trying to take into account consultant's perspective / needs; nevertheless, it is still a tough work pace.

    Advice to Management

    Try to take more non-financial goals into account.


  9. "Great company"

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

    Pros

    was a great company to work at - great people too

    Cons

    none, all was good and great


  10. "Great company"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great company, great employees,

    Cons

    none that are very relevant


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