McKinsey & Company

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McKinsey & Company Reviews

Updated Jul 27, 2014
All Employees Current Employees Only

4.1 904 reviews

96% Approve of the CEO

McKinsey & Company Managing Director Dominic Barton

Dominic Barton

(513 ratings)

91% of employees recommend this company to a friend

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
904 Employee Reviews
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    1 person found this helpful  

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

    Consultant (Current Employee) Sydney

    ProsUnique 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

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

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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

    Anonymous Employee (Current Employee) Sydney

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

    ConsMore 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 Senior ManagementPlease spend some money on real 21st century technology !!!

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    Fast paced learning environment

    Anonymous Employee (Former Employee) Sydney

    ProsThe 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'.

    ConsTravel 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 Senior ManagementN/A

    Yes, I would recommend this company to a friend

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    • Work/Life Balance
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    2 people found this helpful  

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

    Research Analyst (Current Employee) Sydney

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

    Yes, I would recommend this company to a friend

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    Great place to jump start your career

    Research Analyst (Current Employee) Sydney

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

    ConsThe amount of heirarchy that exists.

    Advice to Senior ManagementOffer more exciting career path for researchers

    Yes, I would recommend this company to a friend

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    • No Opinion of CEO

    1 person found this helpful  

    Best possible experience right out of school

    Business Analyst (Former Employee)

    ProsIncredible people (both talented and caring -- though of course there are always exceptions), steep learning curve, real company values, best possible preparation for future business environments (not to mention exit opportunities) that one could ask for

    ConsWork-life balance is obviously tough with 4 days+ weekly travel and highly variable project hours, though it can be managed by working with the right people and in the right functions; it is a large corporation at the end of the day, so it's a little tough to flex your 'entrepreneurial' muscles

    Yes, I would recommend this company to a friend

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    Amazing place to learn

    Knowledge Content Coordinator (Current Employee) San Jose, San Jose (Costa Rica)

    ProsCultural diversity, opportunities to lean

    ConsSalaries, less growth opportunities, only support services

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

     

    Great place to work

    Anonymous Employee (Current Employee)

    ProsSuper people, very good development opportunity

    ConsLong hours, crazy travel every week

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    1

    Anonymous Employee (Former Employee)

    ProsGreat company to work for.

    ConsNot many cons, plenty of work experience required.

    Advice to Senior Management1

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    great interview ex

    Anonymous Employee (Current Employee)

    Prospromotion, opp for impact, benefits, air miles

    Conslifestyle, culture, work life balance, repeatble work

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