McKinsey & Company Salaries in Gurgaon / Gurugram

Likes

...on different studies with accomplished managers, partners has a profound impact. The salary is good. Additional benefits are best-in-class.

Dislikes

Up or out. You have to consistently perform, or you are looking at exit. Plus, you are not becoming an expert in any field, as in you may be consulting, but consulting and getting things done are two different things.

Likes

...ulture: less politics and reviews are based on actual work and not preferences Good compensation and bonus One of the best medical and travel allowance policy Team parties and offsite events are amazing

Dislikes

No work-life balance Learning curve flattens after 3 years

Likes

...ng transfer or country transfer during that time else switch to other companies. It offers better work-life balance compared to consulting but that comes at huge cost of compensation.

Dislikes

Do not mistake it for McKinsey. Firstly, your compensation is way below industry peers like Bain Capability center, BCG knowledge center, ATK PAJ etc. You will get a 10-15% performance and hike even if you do as well as consulting peers staffed onsite who gets 20-50% bonus and hikes. Secondly, it is a place full of politics specially when your manager is not serving clients and your team does not do right hiring. Full time manager has plenty of time to interfere in your work and tries to show that he is boss. Most of the time, these managers are people with below average degrees who were hired when McKC started and they do not expel anyone barring disciplinary issues and very poor performance. The mangers can not see you growing faster than they did which you can if you are doing really well and are in good books of manager. And the manager most of the time kills your work satisfaction and amazing experience that McKinsey can provide. It is the major difference between McKinsey, BCC etc. vs McKC other than compensation.

Likes

Good salary and benefits, specifically for the consulting path

Dislikes

Up or out culture where progression depends on having “sponsors” within the Firm who are willing to staff you; in fact, there is no other way to get staffed on projects except finding these sponsors since there are so few projects (most are lost to BCG, some never come due to deteriorating quality)

Likes

Pay and benefits

Dislikes

Disgusting work culture. Too much politics at mid to senior level. You need to gang up to survive in this company. There is a condescending attitude towards new hires. They firmly believe that they are doing a favour to you by hiring you. They even cut your designation when hiring to prove as if they are some sort of God. The environment is like the movie Hunger games. If you don’t have support of the big group or some senior partner, even the smallest mistake will be viewed very harshly and rudely. They will create a situation where you will be compelled to resign. Everyone is in survival mode to protect the “partner compensation” during this current global economic situation. They will not bat an eye to give a poor rating to highly capable and highly experienced people on some silly excuse. Then they will claim that the person didn’t meet the performance standards. The entire 360 degree review system here is a facade. It can be manipulated to save you hide or send you to the gallows.