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McKinsey & Company Reviews

Updated 22 July 2018
2,710 reviews

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Kevin Sneader
12 Ratings

2,710 Employee Reviews

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  1. "Best for management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Mumbai
    Former Employee - Consultant in Mumbai
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good culture
    Good Payment
    good place to work

    Cons

    nothing to complain about this company

    Advice to Management

    Nothing

    McKinsey & Company Response

    11 Jul 2018 – Recruiting Expert

    Exciting to hear that you enjoyed your time at McKinsey in India - best of luck in your new endeavors.


  2. "One of the best companies, I have wokred for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Technology Specialist in Bengaluru
    Former Employee - Senior Technology Specialist in Bengaluru
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at McKinsey & Company full-time (More than a year)

    Pros

    Good learning opportunities
    You work with really smart people
    Options to travel around the world
    Salary at par with market

    Cons

    Too much travel
    Office is always empty, as people are mostly work remotely/client site
    Salary could be better

    Advice to Management

    Think of growth opporthnities for technical people as well

  3. Helpful (5)

    "McKinsey Implementation in India is a no go for experienced professionals with pedigree"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Implementation Coach in Mumbai
    Former Employee - Senior Implementation Coach in Mumbai
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    1. Brand name and recall in India and globally
    2. Higher fixed pay than the market (the variable pay, however, is much lower than the market. Increments in the same position are genuinely bad.) Overall, you might make equal or more in a Big 4 than in McKinsey Implementation. Plus you would have significantly greater responsibilities and client exposure in a Big 4 than in McKinsey Implementation.

    Cons

    All points below are for McKinsey in India - things may be different in other geographies.

    McKinsey Implementation in India is a poor choice for professionals from tier 1 MBA schools with good career progress in their previous organization.

    MI India started with folks from McKinsey's Knowledge Centre who are from tier 3 institutes. Sometime back, some Senior Partner had the bright idea of hiring professionals from tier 1 MBA schools who had done well in their professional tracks till they chose to join MI. This was not fully thought out as can be seen from the number of such professionals exiting the firm as quickly as they joined it. Internally, among the top management, there is a tug of war happening between those who think MI is a pool of cheap resources and those who think MI can be something more. Unfortunately, it is the former thought process (pool of cheap resources and nothing more) which is winning.

    MI India is ideal for tier 3 MBA folks who would be dazzled by the McKinsey name and stick on doing whatever work comes their way. It is also great for folks in industry who are desperate for a changeover to consulting. For others, especially for folks with pedigreed education, it is a strict no-go.

    MI is a pool of relatvely cheap labour used to do tasks leftover by generalists. Your experience and expertise before joining means nothing in MI India as you would compete with or work under less experienced generalists who would hog all the good work for themselves or their brethren and give you some leftovers to chew on. Besides, the firm has enough money to throw at external experts to bring in the required expertise. So, the generalists would do the "pages" (slides) and internal or external experts would provide the meat. You would be left wondering what is your value add to the entire process .

    The chances of advancement are slim (explained in detail in the "advice to management" below.

    In addition, many generalists seem to think laterals don't fit into the firm culture (have actually overheard people talk this way).

    It's also a challenge to deal with insecure, low EQ, young generalist associates and EMs.

    The firm’s technique of offering a bump in starting pay followed by a plateau in increments and bonus is not a standard practice in India - perhaps it may be standard in advanced economies. You would be drawn by the higher fixed salary but be prepared for a shock when the variable pay comes in. And the increments within the same band are pathetic = only promotions would lead to a halfway decent increment.

    You would not have any bosses within the firm - the closest one finds to a boss in McKinsey is a sponsor. Usually laterals do not have a sponsor when they come in and it becomes a fight to get a sponsor. Without a powerful sponsor in the system, it is difficult to get staffed and eventually you'll be asked to leave.

    The firm does a lot of work in financial services, auto and pharma (in India). Rest of the sectors are covered opportunistically and there is no long term commitment to any sector. Don't be surprised if the firm decides to completely stop working in the sector they hired you for. The firm keeps changing its priorities often and as a lateral MI India resource, you might not be given many chances to change along with the firm.

     Whenever, as an MI resource, you strive for something more, you would be cut down with the smoke and mirrors of "learn the McKinsey toolkit first." Forget leading proposals or thought leadership pieces - the generalists (even if they don't know the subject) will be leading them and you'll be playing second fiddle.

    Do not think that you can come in as an MI person and then switch to an Expert or Generalist track. There is a strict policy of not moving MI folks to any other tracks lest the entire vertical makes a beeline for such an move.

    Finally, your experience here might not move the needle much in terms of your career progression because both within and outside the firm, MI people are not given the same respect or designations as generalists. You would find yourself explaining to headhunters and potential future employers what an "Implementation Coach" or "Senior Implementation Coach" is and why you would add as much if not more value than the less weirdly named generalist designations.

    Advice to Management

    1. Do not hire laterals (in India office)
    Laterals are not in your leadership pipeline (despite mentioning Implementation is a partnership track, one doesn't see Implementation partners in India office and 50% of partners globally who identify as "Implementation partners" are actually generalists who changed track. Sure, you may have well intentioned plans of making an MI partner in INO but it looks like a vanishingly small percentage of people make Partner in MI - a funnel much tighter than the generalists. It's akin to making liveable wages out of selling direct selling products - perhaps 0.0001% of their salespeople achieve this while the vast majority barely make ends meet.) “Partnership” should not be a selling point when trying to hire laterals.

    2. If you do hire laterals, make someone specific accountable for each hire
    It's nice to virtue signal and say the firm is flat and a free labour market etc. But, ultimately, we're Indians and intrinsically hierarchical and discriminatory. No EM is going to say no to a Senior Partner if the latter wants his sponsoree staffed. It's a refined version of "jaanta hai mera baap kaun hai?" To counter this, and to make people take responsibility for the laterals they hire, there should be a sponsor assigned compulsorily for each lateral hire. This person should be accountable for the lateral hire to fulfill their purpose of hiring.


  4. "The best place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Presentation Specialist in Chennai
    Current Employee - Business Presentation Specialist in Chennai
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Understanding the employees position
    Lot of benefits
    continuous improvement programs

    Cons

    No "Cons" as such except rotational shifts


  5. "Best Company to Work"

    StarStarStarStarStar
    • Culture & Values
    Former Employee - Senior Business Presentation Specialist in Thiruvananthapuram
    Former Employee - Senior Business Presentation Specialist in Thiruvananthapuram
    Recommends

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

    Pros

    Working Culture is the Best!!!!

    Cons

    Low Hike when compared to other firms


  6. "Best place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Presentation Specialist in Thiruvananthapuram
    Former Employee - Senior Presentation Specialist in Thiruvananthapuram
    Recommends
    Approves of CEO

    I worked at McKinsey & Company full-time (More than 8 years)

    Pros

    Working environment
    Benefits
    Infrastructure
    Pantry and tons of free snacks
    And the amazing colleagues and fun filled environment

    Cons

    Only issue is the night shift!

    Advice to Management

    Start a location in another time zone and avoid the night shifts! You are the best


  7. "Good atmosphere for learning and growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - BPS in Chennai
    Former Employee - BPS in Chennai
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at McKinsey & Company full-time (More than a year)

    Pros

    Good salary, 8 hours of work daily, extra payment for overtime...

    Cons

    Stress for on time delivery, slow career growth

  8. "my experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Office Services Coordinator in Bengaluru
    Former Employee - Office Services Coordinator in Bengaluru
    Recommends
    Positive Outlook

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

    Pros

    Great learning
    flat organization
    great mentors in the firm

    Cons

    work life balance
    less training time allocated

    Advice to Management

    more learning time /courses should be introduced


  9. "Service Delivery Leader"

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

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

    Pros

    Great learning platform, flexible work hours, excellent international work exposure

    Cons

    Difficult to like the work culture of any other organisation after leaving McKinsey

    Advice to Management

    Tighten the screening process of hiring lateral hires


  10. "Good for OT's"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Presentation Specialist in Chennai
    Current Employee - Business Presentation Specialist in Chennai
    Doesn't Recommend
    Approves of CEO

    I have been working at McKinsey & Company full-time (Less than a year)

    Pros

    Feedback culture, Good place to learn time management

    Cons

    Good pay, if you're ready to work on weekends and for 10 hours


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