McKinsey & Company
4.1 of 5 839 reviews
www.mckinsey.com New York, NY 5000+ Employees

McKinsey & Company Reviews

Updated Apr 16, 2014
All Employees Current Employees Only

4.1 839 reviews

                             

96% Approve of the CEO

McKinsey & Company Managing Director Dominic Barton

Dominic Barton

(477 ratings)

91% of employees recommend this company to a friend
839 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "And you'll do it with incredibly smart people working on big league problems"
    in 61 reviews
  • "Great first job out of college or grad school to learn a lot very quickly"
    in 22 reviews
Cons:
  • "You have to have a lot of self discipline to keep work life balance reasonable"
    in 147 reviews
  • "Very long hours and continual expectation of over-performance"
    in 151 reviews
  • Show more review highlights

Reviews

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  • Approves of CEO

 

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

Consultant (Current Employee)
Sydney

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

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

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

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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Fast paced learning environment

Anonymous Employee (Former Employee)
Sydney

I worked at McKinsey & Company

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

Research Analyst (Current Employee)
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 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

I have been working at McKinsey & Company

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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Associate

Anonymous Employee (Former Employee)

I worked at McKinsey & Company

ProsGreat training, leadership opportunities, good well-beings

Consbad work life balance, especially in asia

Advice to Senior Managementculture

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6 months internship

Anonymous Employee (Former Employee)

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

Pros- challenging environment with clever people
- diversity of engagements
- close monitoring by senior people and contact with senior clients

Cons- little space for initiatives as the methodologies are deeply rooted by the powerpoint exercise
- a lot of people coming for the brand and not exactly passionate about their career in the firm
- impact limited to a powerpoint which is a bit frustrating

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

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pretty satisfied

Senior Associate (Current Employee)
Hamburg (Germany)

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

Prosa lot of opportunities, with internatinal exposure.

Conscomplicated management structure, obligation to dissent is not really there

No, I would not recommend this company to a friend

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Amazing work experience, but not fairly compensated

Research Analyst (Current Employee)
San Jose, San Jose (Costa Rica)

I have been working at McKinsey & Company full-time

ProsAmazing environment and people, compelling work, challenging, great learning opportunity

ConsCompensation and work life balance

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

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Great experience at McKinsey in the High Tech Practice

Associate (Former Employee)
New York, NY (US)

I worked at McKinsey & Company full-time for more than 3 years

ProsGreat projects, people and compensation

ConsConsulting is tough on work life balance. It is no different at McKinsey

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