McKinsey & Company Reviews

Updated 16 September 2014
Updated 16 September 2014
947 Reviews
4.2
947 Reviews
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McKinsey & Company Managing Director Dominic Barton
Dominic Barton
537 Ratings

Review Highlights

Pros
  • Very smart people to bounce thought off and get new angles that you haven't thought of (in 65 reviews)

  • Great people to work with, get to learn a lot from colleagues as well as senior leadership (in 24 reviews)


Cons
  • You have to have a lot of self discipline to keep work life balance reasonable (in 160 reviews)

  • Very long hours and continual expectation of over-performance (in 158 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Incredible people, high impact projects, amazing development , early onset of grey hair

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant  in  Sydney
    Current Employee - Consultant in Sydney

    I have been working at McKinsey & Company full-time for more than 3 years

    Pros

    Unique and astounding opportunities for professional development
    Work on incredible high-impact and interesting problems
    Varied work for broad and deep exposure across industries and functions
    Many many other smart, lovely people to get to know (it's just a pity you're all so busy so can't spend more time with each other)
    They take care of you

    Cons

    Lots of travel for those with families (in most cases), intense work, generally long hours (though you can fight to make these more reasonable)

    Advice to ManagementAdvice

    The best people will stay longer (I mean the best, not just the good) if you can make the hours and demands more realistic

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Excellent people; great social culture; learning learning learning ..

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Sydney
    Current Employee - Anonymous Employee in Sydney

    I have been working at McKinsey & Company full-time for more than 3 years

    Pros

    These people are smart, they're (mostly) fun, and this is an environment of finding solutions, not problems - great for innovation and ideas.

    Cons

    More hierarchical than I'd expected - despite a culture built on curiosity and questioning, it's clear there are certain orders and people you just agree with, or else ...

    Advice to ManagementAdvice

    Please spend some money on real 21st century technology !!!

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Fast paced learning environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Sydney
    Former Employee - Anonymous Employee in Sydney

    I worked at McKinsey & Company

    Pros

    The calibre (technical competence, general intelligence and winning personalities) of other consultants is the highest I have seen anywhere. The projects McKinsey undertakes are almost always of high impact/importance (very little 'dud' work). They have a great performance/people culture; personality and character are highly prized and the Firm does a great job at helping its people thrive. On the odd occasion there is someone who doesn't meet the bar they are gently moved out - I have never seen someone 'fired'.

    Cons

    Travel away from family. Long hours. Dealing with difficult clients. These are all hallmarks of the industry in general and are not specific to McKinsey. In reality, the kind of people looking for jobs like this are weighing up against investment banking or corporate law or occasionally something else - so when you compare these cons to those professions there is not much between them.

    Advice to ManagementAdvice

    N/A

    Recommends
    Approves of CEO
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  5. 3 people found this helpful  

    Views of McKinsey&Company from the perspective of a Research Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Research Analyst  in  Sydney
    Current Employee - Research Analyst in Sydney

    I have been working at McKinsey & Company

    Pros

    - Colleagues are typically extremely helpful in sharing needed knowledge
    - Promotions can be fairly quick and is truly contingent on performance
    - Depending on the person you get as your Developmental Growth Leader (DGL), your experience in McKinsey can be significantly affected, as he/she is responsible for presenting your case during review boards, for helping to find opportunities for your staffing, etc.

    Cons

    - Remuneration is subpar in comparison to other top management consulting firms (e.g. BCG, Bain)
    - use of performance reviews to "layoff" employees during downturns

    Advice to ManagementAdvice

    - Increase transparency and communication to employees
    - Be clear and aligned on initiatives, with key visible support from Partners

    Recommends
    Approves of CEO
  6.  

    Great place to jump start your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Research Analyst  in  Sydney
    Current Employee - Research Analyst in Sydney

    I have been working at McKinsey & Company

    Pros

    It's reputation, exciting projects and the incredible amount of knowledge that gets codified and shared.

    Cons

    The amount of heirarchy that exists.

    Advice to ManagementAdvice

    Offer more exciting career path for researchers

    Recommends
    Approves of CEO
  7.  

    Great place to start your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate  in  Shanghai, Shanghai (China)
    Current Employee - Associate in Shanghai, Shanghai (China)

    I have been working at McKinsey & Company full-time for more than 3 years

    Pros

    Fast learning curve, great people and culture, diverse project exposures, good reputation

    Cons

    Difficult to maintain work life balance, long hours, frequent travel, not able to follow through the implantation and measure the pact

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    A big challenge with a commensurate payoff in knowledge and capabilities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate  in  Chicago, IL (US)
    Current Employee - Associate in Chicago, IL (US)

    I have been working at McKinsey & Company full-time for more than a year

    Pros

    Exposure to some of the most intelligent people in the world along with a culture that is dependent on your success and growth

    Cons

    Long hours and constant performance feedback can be draining to those who are not prepared

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Very good, a lot of opportunies

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

    I have been working at McKinsey & Company

    Pros

    Good location, good pay and opportunities

    Cons

    Long hours of work, a lot of commuting

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Finance team

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Finance
    Current Employee - Finance

    I have been working at McKinsey & Company full-time for more than a year

    Pros

    Amazing benefits. Great boss who is flexible.

    Cons

    Workload is challenging. Expectations are very high for success.

    Approves of CEO
  11.  

    Solid Company to Work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst  in  Stamford, CT (US)
    Former Employee - Business Analyst in Stamford, CT (US)

    I worked at McKinsey & Company as an intern for less than a year

    Pros

    - high caliber, high achieving teammates.
    - get to work on interesting problems
    - very prestigious, gain lots of respect
    - nice benefits, take care of employees

    Cons

    - Lots of Type A personalities
    - A little bureaucracy/politics, just like any other corporate company
    - Travel can be taxing
    - Individuality (style, communication, etc.) is looked at as a liability to the brand of the firm

    Recommends
    No opinion of CEO

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