L.E.K. Consulting Reviews | Glassdoor.co.in

L.E.K. Consulting Reviews

Updated 17 August 2018
352 reviews

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3.5
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L.E.K. Consulting Global Managing Partner Stuart Jackson
Stuart Jackson
143 Ratings

352 Employee Reviews

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Pros
  • "Continued efforts to manage staff work-life-balance" (in 16 reviews)

  • "You learn a lot in a very short amount of time" (in 15 reviews)

Cons
  • "Projects are demanding and its it hard to maintain work life balance" (in 61 reviews)

  • "Long hours; Significant time spent on administrative tasks" (in 67 reviews)

More Pros and Cons

  1. "Amazing people, interesting projects"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Melbourne (Australia)
    Former Employee - Anonymous Employee in Melbourne (Australia)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at L.E.K. Consulting full-time

    Pros

    - Amazing colleagues who you will enjoy spending time with at and outside of work
    - Interesting projects which you will see garner media attention
    - Emphasis on work - life balance. It's consulting, so be realistic, but the firm does have policies in place to try and achieve a balance

    Cons

    - As with all consulting firms, hours can be difficult and challenging
    - Compensation could be a bit more competitive


  2. "Consulting Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA (US)
    Former Employee - Anonymous Employee in Boston, MA (US)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at L.E.K. Consulting part-time (Less than a year)

    Pros

    Brilliant people and colleague to work with, taught so much by the supervisors.

    Cons

    Will be working really late to catch up with the schedule.

  3. ""Challenging" in every way, not a bad thing if that is what you want"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Consultant in London, England (UK)
    Former Employee - Associate Consultant in London, England (UK)
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at L.E.K. Consulting full-time (More than 3 years)

    Pros

    I did ~3 years here post undergrad (Associate -> Associate Consultant) and am very glad I did, learned shed loads and jump started my career.

    Challenging in a good way: great learning opportunities, thrown in the deep end, chances to work across a big range of projects and grow a broad range of very useful skills.

    People as a whole very nice and supportive, rarely worked with people I didn't get on with and have good support from team members.

    Good investment in social aspects, monthly funded events are good, plus big annual events.

    Cons

    Worked too hard, often for the wrong reasons - median week is >60 hours, working past 11pm on at least 2 days. Worst week was ~75 hours, working past 3am on 3 days.

    Most common reasons for working late: project understaffed / over scoped for the time frame; clients being unreasonable; data issues (difficult to control for this); culture (definitely some of management who have the mindset of "we should be working 65+ hours weeks to produce good work and impress clients")

    Some changes being made in the right directions on these things, but some of the older cohort of management seem very stuck in their ways, and whilst the office is busy (has been for a while), cannot see this changing quickly

    Training was poor: learn on the job great, personal development sessions too infrequent and often poor quality with out of date materials

    Profit share is also stingy - when there is a big uplift in profits for the company, should be better shared throughout company

    Advice to Management

    Build culture of people first, not profit and clients first. That is what will increase quality of work, improve client satisfaction and improve profits. Motivation levels on unnecessarily tough projects drops very quickly, and so does the quality of the work as a result. That means compromising on quantity and accuracy (actually do 80-20) in favour of protecting evenings and weekends of the team


  4. "Hard - but you learn quick and are rewarded well"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at L.E.K. Consulting full-time

    Pros

    Hard - but you learn quick and are rewarded well. Great career prospects

    Cons

    Hard work definitely required !


  5. "Pays fine, but should get paid more. Limited flexibility in corporate structure."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Tokyo (Japan)
    Former Employee - Associate in Tokyo (Japan)

    I worked at L.E.K. Consulting full-time (More than a year)

    Pros

    Get to experience many projects, with many step up opportunities

    Cons

    Limited flexibility in incentives system


  6. "Good place to start in the pharma team"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at L.E.K. Consulting full-time

    Pros

    Nice people in the pharma team, smart and willing to help

    Cons

    Long hours. Expectation to stay in the office all the time to work - no flexibility to work from home. Not always given the chance to step up and do something more challenging beyond research.

    Advice to Management

    Give the time off in lieu as promised


  7. Helpful (1)

    "Great associates, terrible leadership - avoid if you have other options"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Consultant
    Former Employee - Senior Consultant
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at L.E.K. Consulting full-time (More than a year)

    Pros

    -The associate level employees are fantastic to work with!
    -Pay and profit sharing are in line with other firms, but growth lags
    -Strong revenue growth prospects due to increased PE activity require more DDs

    Cons

    -Leadership is terrible - Due to the terrible culture, high performers leave as soon as they can. There are very few managers or partners that are inspiring (or even good) to work with

    -High levels of due diligence work - don't join expecting to do strategy work or to get any client exposure. 90%+ of the work is DDs. You will be doing market research as opposed to strategy work

    -Minimal post MBA exit opportunities - All you do is market research, there may be opportunities to jump to another second tier firm, but high profile recruiters do not come to LEK with great opportunities (Pre-MBA opportunities appeared to be decent)

    -Limited interest in developing people - the training is terrible and consultants are viewed as widgets to burn out, not a resource to develop

    Advice to Management

    -Diversify your work away from just DD's
    -Start caring about your consulting employees, view them as more than a widget in the machine

  8. "Mediocre consultancy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at L.E.K. Consulting full-time

    Pros

    Work life balance can be nice sometimes; pay is above average

    Cons

    Lack of variety of cases; poor HR & finance functions


  9. Helpful (2)

    "Fantastic leadership; lifelong friends; more personal support in skills acquisition desired"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Sydney (Australia)
    Former Employee - Associate in Sydney (Australia)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at L.E.K. Consulting full-time (More than a year)

    Pros

    I have taken a large number of lifelong (and international) friends from working at LEK.
    High performing environment, with super smart people from whom you will learn so much.
    Great, principled leaders.
    Fantastic exposure to high-level professionals across a diversity of industries. Very stimulating work, for which you could see the impact.

    Cons

    More personalized professional development support would have been great. You're thrown in the deep end and can feel isolated and on your own for skills acquisition.
    There was sometimes a lack of 'caring personally' from managers; although, peer support was amazing.

    Advice to Management

    They could introduce training for managers on how to get the best out of their teams.


  10. Helpful (2)

    "Great exit options, but be prepared to prioritize work above all else - still a lot of growing pains"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate
    Current Employee - Associate
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at L.E.K. Consulting full-time (More than a year)

    Pros

    Great exit options - constantly contacted by recruiters, learn valuable and marketable hard and soft skills at an incredible pace

    Cons

    Burnout due to zero personal life (e.g., 1-2 months straight of consistent 2 am + nights on bad cases), and unpredictability (e.g., find out Monday morning when you are on said bad case, with not even weekend to mentally prepare). Inadequate back-office support staff makes the job more difficult (e.g., IT, poor I.P. retention systems). Generally, L.E.K. pinches pennies in the wrong places, leading to sense that you are number in their sweatshop. Mentors are hard to find. Limited client exposure - do not come to L.E.K if client interaction is what you are working for, and be aware your first 1-2 years will be spent in a phone booth

    Advice to Management

    Beef up core services, especially knowledge management and IT.


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