McKinsey & Company Reviews

Updated 15 October, 2014
Updated 15 October, 2014
978 Reviews
4.2
978 Reviews
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McKinsey & Company Managing Director Dominic Barton
Dominic Barton
557 Ratings

Review Highlights

Pros
  • Very smart people to bounce thought off and get new angles that you haven't thought of (in 66 reviews)

  • Great people to work with, get to learn a lot from colleagues as well as senior leadership (in 25 reviews)


Cons
  • You have to have a lot of self discipline to keep work life balance reasonable (in 171 reviews)

  • Very long hours and a very high pressure environment leads to continual stress (in 170 reviews)

More Highlights

Employee Reviews

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  1. 1 person found this helpful  

    Best career launch pad ever

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Associate in Toronto, ON
    Former Employee - Senior Associate in Toronto, ON

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

    Pros

    - Well recognized brand. Everybody knows McKinsey.
    - You work with very smart people every day (very gratifying)
    - You learn in 3 monts what people learn in 3-4 years in each company

    Cons

    - Quantity of work is still important - many hours wasted doing appendix slides could be applied to better understanding the ones that matter
    - Pace is fast, so there is no time to enjoy, nor a second chance.

    Advice to ManagementAdvice

    Clients are demanding shorter engagements, and stretching the teams to deliver the same in less time is not feasible (teams are already stretched). Take a 80-20 approach and drop the 80% of work that is mostly useless... even the clients would appreciate it.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    great interview ex

    • 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

    promotion, opp for impact, benefits, air miles

    Cons

    lifestyle, culture, work life balance, repeatble work

  3. 3 people found this helpful  

    Great at the beginning, downhill from there.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrative Assistant in Toronto, ON
    Former Employee - Administrative Assistant in Toronto, ON

    I worked at McKinsey & Company full-time (more than an year)

    Pros

    -An excellent training ground for entry level employees.
    -Wide variety of clients/projects in progress, so there is always something new/interesting to learn

    Cons

    -Very poor attitude towards support staff; EAs and TAs were miserable.
    -Company events usually include great speeches about the firm's values, and many partners are supposedly experts in organizational behaviour , but this isn't really put into practice.
    -No opportunity for training/skills upgrade/advancement for support staff.

    Advice to ManagementAdvice

    -Do something about the gaping difference in experience/treatment of support staff vs. those in the consultancy stream.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Phenomenal experience, great firm to work for

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

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

    Pros

    Exposure to different industries and functions
    Working with great people
    Meritocratic environment

    Cons

    Tough lifestyle with constant travel
    High stress

    Advice to ManagementAdvice

    Find a way to reward those who want to carve their own path, not only those who are good at pleasing partners

    Recommends
    Neutral Outlook
    Approves of CEO
  6. 3 people found this helpful  

    No Respect for Support Staff

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Support - IT in Toronto, ON
    Former Employee - Support - IT in Toronto, ON

    I worked at McKinsey & Company full-time (more than an year)

    Pros

    A beautiful office, wonderful company parties with great food and drinks, 4 weeks vacation

    Cons

    Unrealistic expectations of support staff, treated second class by consultants and managers; they will over work you, give you a great review, and then walk you out the door without providing any reason.

    Advice to ManagementAdvice

    What is the point, they already know but do not care because there is no respect for support staff!

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Amazing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst in Montreal, QC
    Former Employee - Business Analyst in Montreal, QC

    I worked at McKinsey & Company full-time (more than an year)

    Pros

    - great people
    - very interesting projects
    - fantastic exposure to high level clients
    - able to explore exotic locations
    Overall, this has been the best company I have ever worked for.

    Cons

    - lots of travel
    Not too much to complain about

    Advice to ManagementAdvice

    Keep focusing of recruiting the best talent

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    A great classroom to learn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Engagement Manager in Toronto, ON
    Former Employee - Engagement Manager in Toronto, ON

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

    Pros

    Learn from very smart people. It is a fantastic calling card on your resume.

    Cons

    Lifestyle can be tough. Tough to get into of course.

    Recommends
    Neutral Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Best place to start a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in Toronto, ON
    Former Employee - Associate in Toronto, ON

    I worked at McKinsey & Company full-time (more than an year)

    Pros

    Best training
    exposure
    work with best ppl

    Cons

    Travel
    Choice of projects is not that flexible

    Advice to ManagementAdvice

    Smile

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    unparallelled personal growth opportunities (as long as you like working with large companies)

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

    I have been working at McKinsey & Company full-time

    Pros

    - If you want to do top management consulting McKinsey should be on the top of your list..The reputation, market value, experience, growth opportunities are unparallelled.
    - The fact that McK is a lot bigger than BCG, Bain etc give you more opportunities
    - Job opportunities after McK...Compare the offers you get after a few years with McK with most other jobs and McK is a clear winner...I still hear about people being referred to as an "ex McK" person many years after they have left (as a "quality stamp")
    - People processes (staffing, reviews, personal development, training etc) is truly world class.. I have worked at other consulting companies and seen how things are done at McKinsey's clients...McKinsey is simply world class here...
    - Knowledge network of material, research, experts etc...Its very impressive and you will learn "what matters" very quickly when you need help (people are in general incredibly helpful)

    Cons

    - Work load and travel...If you have a problem with extensive travel and struggle with fairly heavy work load this is not the place for you...
    - Overly focus on "large global institutions"... Lots of exciting opportunities you will never see because the clients are deemed to be too small or don't fit what the partners are being measured on.. Things are changing a bit here, but it will take many years....
    - "Entrepreneurship" is encouraged...however at the end of the day you will not be successful if you stretch the boundaries outside where there are others already active (new clients, new functional topics etc...)..

    Advice to ManagementAdvice

    -

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Best of the best

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Toronto, ON
    Former Employee - Anonymous Employee in Toronto, ON

    I worked at McKinsey & Company full-time (more than 10 years)

    Pros

    high level of values, integrity, excellence, challenges, learning opportunities, great people, smart coworkers, high levels of trust, excellent processes for serving clients.

    Cons

    some people work very very long hours. If you want to be promoted, you have to be doing the job already.

    Recommends
    Positive Outlook
    Approves of CEO

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