Wood Mackenzie Reviews

Updated May 22, 2020

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3.4
55%
Recommend to a Friend
74%
Approve of CEO
Wood Mackenzie President Neal Anderson
Neal Anderson
55 Ratings
Pros
Cons
  • "Zero career progression (virtually no one goes from non-mgmt to mid-mgmt) and zero salary progression (you are lucky to keep up with inflation)(in 12 reviews)

  • "Dialogue from senior management good, striving for organic growth, providing career progression(in 10 reviews)

More Pros and Cons
  1. Helpful (1)

    "Executive Assistatn"

    5.0
    Current Employee - Anonymous Employee 

    I have been working at Wood Mackenzie full-time for more than 3 years

    Pros

    Nice people to work with.

    Cons

    Upper management is not supportive.

    Wood Mackenzie2019-04-05
  2. "Good but changing place"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Principal Consultant in Houston, TX

    I worked at Wood Mackenzie full-time

    Pros

    Smart and interesting colleagues, who have a respected voice in the industry

    Cons

    Consulting is unsure of is place within the larger organization

    Wood Mackenzie2020-05-21
  3. Helpful (7)

    "Not a good place to start your career, not that great of a place in general & extremely high turnover"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Consultant in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Wood Mackenzie full-time for more than a year

    Pros

    Very knowledgeable people and very good legacy research about the energy industry Generally nice people at lower levels Good work-life balance (including 5 weeks vacation)

    Cons

    Very out of market pay Mid and upper management are not good leaders/mentors Zero career progression (virtually no one goes from non-mgmt to mid-mgmt) and zero salary progression (you are lucky to keep up with inflation) Very hardcore about cutting costs (including employee benefits [e.g. healthcare plan was significantly downgraded and nothing was provided to make up for it] and hiring negotiation is very intense (they are not nice negotiators) Extreme turnover at lower levels Nearly all new mid-managers and above are hired externally

    Continue reading
    Wood Mackenzie2020-02-14
  4. Helpful (4)

    "Maybe look elsewhere"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Account Manager in Houston, TX
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Wood Mackenzie full-time for more than a year

    Pros

    5 weeks of paid vacation

    Cons

    Inconsistent management, have gone through 4 or more leadership changes in the last 2 years. Company undervalues top performers. Changes commission structure constantly. Raises are difficult to come by.

    Wood Mackenzie2020-01-31
  5. Helpful (5)

    "Frightening Sr. Leadership with inability to grow a business"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Negative Outlook
    Disapproves of CEO

    I worked at Wood Mackenzie

    Pros

    Better Healthcare - although more costs being pushed to employees Above average salaries

    Cons

    Sr Leaders more concerned about themselves than their employees Bonus and Commission ( if you are sales) change each year

    Continue reading
    Wood Mackenzie2020-02-11
  6. "Good work culture and benefits"

    4.0
    Former Employee - Senior Analyst 

    I worked at Wood Mackenzie full-time

    Pros

    Great work/life balance Opportunities for travel Great exposure to industry, clients Ability to build high-profile self brand

    Cons

    Salary below what you can make elsewhere

    Wood Mackenzie2020-01-09
  7. "Great work life balance"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Upstream Analyst in Houston, TX

    I worked at Wood Mackenzie full-time for more than 5 years

    Pros

    annual leaves, 35-hours per week

    Cons

    limited career opportunities, frequent reorgs.

    Wood Mackenzie2019-11-10
  8. Helpful (3)

    "Could be better"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - N/A in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Wood Mackenzie full-time for less than a year

    Pros

    Very smart and kind coworkers 5 weeks vacation Good work/life balance Industry leader Decent pay

    Cons

    Departments are very competitive and toxic to one another, even though they should be working together to better the company. Leadership is dysfunctional at times, which turns into a very unorganized vision day to day. A lot of processes and information lives inside individual heads, making onboarding and learning the WoodMac process an absolute nightmare.

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    Wood Mackenzie2019-10-24
  9. Helpful (6)

    "Diversity Divide"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director in Houston, TX
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Wood Mackenzie full-time for more than 8 years

    Pros

    Global connections, strong brand, interesting colleagues and opportunities to learn

    Cons

    In spite of the highly promoted initiative to foster diversity, it would be interesting to know the current proportion of females in the ranks of VP and above, and how many are American nationals. The company has lost a large number of higher level women from the US offices in the past couple of years - seems a lot of experience gone. Ironically we held a diversity session in the UK to point out how few of our client companies have female CEO's, but if we're in the same position, what sort of example do we provide for the industry?

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    Wood Mackenzie2019-10-11
  10. Helpful (3)

    "Good place to learn but with a few bad apples"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Consultant in Houston, TX
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Wood Mackenzie full-time for more than a year

    Pros

    Very smart colleagues, interesting work, 5 weeks vacation, relatively decent healthcare. Not too crazy in terms of travel.

    Cons

    Experience can vary a lot depending on who you are working with, very few opportunities for growth, toxic work environment, absolutely no planning at the top of the organization, deficient leadership. Compensation is low compared to other consulting firms .

    Continue reading
    Wood Mackenzie2019-08-10
Viewing 1 - 10 of 249 Reviews