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      Keystone

      Engaged employer

      Keystone Reviews

      4.1

      82% would recommend to a friend

      (105 total reviews)

      Jeff Marowits

      100% approve of CEO

      81% positive business outlook

      Ratings by category

      4.1

      Culture and values

      4.1

      Compensation and benefits

      4.0

      Diversity and inclusion

      3.8

      Senior management

      3.8

      Career opportunities

      3.5

      Work/Life balance

      Keystone has an employee rating of 4.1 out of 5 stars, based on 105 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Keystone employee rating is in line with the average (within 1 standard deviation) for employers within the Management and consulting industry (3.7 stars).

      Reviews by job title

      105 reviews
      1.0
      24 Mar 2024

      Not a good place to work. terrible leadership

      Manager
      Recommend
      CEO approval
      Business outlook

      Pros

      Some flexibility but very little. Interesting work

      Cons

      It’s so clear they now have their new marketing person trying to clean up their online perception, but it’s just as bad as you’re seeing in the reviews. most of the positive reviews are not real as stated in multiple comments. Leadership team is ineffective and they funnel every decision into two people who actually have all the power, making the operations team look like they don’t know what they’re doing, absolutely no business strategy. They’re just hoping spaghetti will stick to walls. they make decisions about promotions behind closed doors and all the performance cycle meetings are just that — a performance to make it look like they value anyone’s opinion. poor managers that don’t know how to manage people, and those who have been at the company 5+ years are getting promoted simply just for being there and not because they perform well. negative culture, there’s a team that had four people voluntarily leave from one team — no one batted an eyelash or looked into the managers behavior to see why that might be. HR team has no clear protocols when you report something, many black professionals have experienced racial discrimination and were either laid off, pushed out, or siloed. basically if you’re a toxic person, you’ll stay — all the good people have left or are plotting their exits

      avatar
      Keystone Response
      2y
      Dear Manager, Thank you for sharing your experience. We are sorry to hear you did not have a positive experience when you worked at Keystone. The firm strives to foster a culture of inclusion. We maintain clear protocols for reporting, and I invite you to reach out to me with any concerns you may have. We also value employee growth and development and aim to support all of our colleagues equally. Our performance review and promotion processes are communicated firmwide. I also want to assure you that we neither post inauthentic reviews to this page, nor make attempts to mask negative feedback - including yours. We value the feedback of our current and former employees as important input to how we can improve the Keystone experience. We are always open to input on how we can do better. Again, thank you for candid feedback. Sincerely, Gabrielle Toledano COO at Keystone Strategy
      1.0
      15 Dec 2022

      Do not recommend for new grads

      Associate
      Recommend
      CEO approval
      Business outlook

      Pros

      -Compensation is parallel with top management consulting firms (but comes at a cost) -Ability to get involved with employee resource groups and lead non-billable work

      Cons

      - Have more economics and legal cases than strategy cases. If you are looking for a place where you can gain a lot of transferable skills, get ownership of your work - this isn't the place for you. - Most associates do verbatim note taking and synthesis. You are not part of all the meetings so you play a tangential role to the team unlike other consulting firms - Associates don't do any modeling, data analysis work as keystone hires specialized data scientists for those roles, unlike other economics consulting firms, where you get to work directly with data tools -Your promotion cycle and growth is largely dependent on how strongly your PDL advocates for you and can get lost in a combination of bad PLs -Senior Management is not well-trained and require you to work long hours with no purpose. -Few senior managers have a lot of power & say - need to be in good books or else can have a bad experience with staffing. a politically driven workplace -People are not nice - toxic work environment

      avatar
      Keystone Response
      3y
      Dear Associate, We are sorry to hear your experience at Keystone has not been what you expected so far. We aim to provide many opportunities for professional development to our Associates, including the ability to own project workstreams, manage data, and grow professionally. We have worked on a variety of learning and development programs to ensure our staff is prepared to lead teams in a way that is both effective and impactful for the firm as a whole and for individual members of the staff. Most importantly, we aim to cultivate a work environment that is supportive, while remaining rigorous in our mission to deliver transformative ideas to our clients. If you aren’t sure who to go to with concerns about your growth, position on a project team, or workload I hope you will reach out to me or the HR team at Keystone. We hope to help make the most of your experience at Keystone. Sincerely, Gabrielle Toledano COO at Keystone Strategy
      1.0
      3 Feb 2024

      Don't go unless for 2-3 month contract

      Consultant
      Recommend
      CEO approval
      Business outlook

      Pros

      Good compensation - in line with other firms Good relationships in tech sector and new areas (e.g. pharma) Good economics/lawsuits experiences

      Cons

      Don't believe those 5-star reviews: they were written because of the HR department to improve tanking reviews in the last 3 years. They hide the true situation from outsiders If you've heard about strategy work - don't believe those words. It's less than 1/4 of projects. Almost all work is about legal/economics. No work life balance: expect 80-100 hous. More than at MBB. Unrealistic expectation, conflicts, and late night/weekend work. No culture: the firm's culture pre-PE acquisition vanished. Half of my colleagues disappeared in 2022. Many left by themselves to avoid nasty surprises after layoffs on client's side. Those who stayed - just try to survive. Lot's of conflicts and backstabing. Put work on others. Avoid discussions and responsibility. Everyone would ignore you if you have a question or need advice. Abusive environment due to both managers and leaders. Don't expect a positive regard for doing hard work. Everyone avoids solving client's problems to avoid responsibility/blame. Leadership just pushes new ideas to sell more project and avoids participation in project meetings. When clients start to ask hard questions, managers just throw juniors under the bus to shift blame and avoid questions during performance reviews. Best strategy - not to say anything and not to attract attention. If the firm promissed you anything - don't expect that. The promise is worth nothing - the firm will forget about it in 1-2 weeks. And your request will be just ignored even if you remind about it. Greed is paramount. Layoffs started when growth was 10% instead of 25%. 30+ people were impacted with 2 weeks of severance. You are not an employee. Not a team-member. You are a resourse. Don't expect to survive for long or learn much. Don't expect to stay. Save your own time and sanity. If you got an offer - decline. Unless you plan to work for a couple of months max. It's not worth it. Their salary is not worth all the troubles.

      avatar
      Keystone Response
      2y
      Dear Consultant, Thank you for sharing your experience. We are sorry to hear you did not have a positive experience when you worked at Keystone. I assure you that we neither post inauthentic reviews to this page, nor make attempts to mask negative feedback - including yours. We value the feedback of our past and present employees, and take it into account as we evolve. Like many companies last year, economic headwinds did necessitate layoffs as demand for consulting services slowed across the industry. It was the only time in our 20+ year history that layoffs were necessary. We take great care to thoughtfully manage the size of our workforce so layoffs are a last resort. Sincerely, Gabrielle Toledano COO at Keystone Strategy
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      ReviewsKeystone reviews

      Glassdoor has 118 Keystone reviews submitted anonymously by Keystone employees. Read employee reviews and ratings on Glassdoor to decide if Keystone is right for you.