New York, NY, (September 23, 2010) Vault.com, the source of ratings, rankings and insight for students and professionals, has released its Consulting Quality of Life Rankings for 2011, examining how consulting firms rank in 18 areas ranging from Satisfaction to Overall Business Outlook.
In order to determine the Vault Consulting Quality of Life Rankings, consultants were asked to rate their own firms in a variety of categories on a scale of 1 to 10, with 1 being the lowest and 10 being the highest. A firm’s score in each category is simply the average of consultants’ ratings of their firms in that category. Vault’s rankings indicate the top firms in each area, offering associates a tool to aid in their career search.
“While a prestigious company name on your resume can set you apart from the pack, it’s the employer culture that often matters the most when it comes to choosing a new employer. That's why these quality of life rankings play an important role in job search,” said Vault.com managing editor Brian Dalton.
Top Ranked Firms in each Quality of Life Category and Quotes from Consultants:
Overall satisfaction: McKinsey & Company (“I cannot imagine a more interesting place to work or a better set of folks to work with.”)
Firm culture: Bain & Company (“Bain's culture is incredibly strong. It breeds a tight-knit family, in a sense. These are my co-workers, but they are also my closest friends.”)
Hours in the office: Triage Consulting Group (“It's nice knowing every day that I can leave work at work and am afforded the opportunity to participate in extracurricular activities.”)
Work/life balance: Triage Consulting Group (“Employees are encouraged to travel and enjoy life experiences, which are highly valuable.”)
Travel requirements: Cornerstone Research (“I really feel a sense of being home where I live, and can maintain active friendships and relationships that wouldn't be possible if I were spending four days a week in a hotel in random city.”)
Relationships with supervisors: McKinsey & Company ("A great group of very smart and motivated people who are good at working in team settings. People here work hard together and develop strong bonds.")
Interaction with clients: Corporate Executive Board (“Unique ability to engage multiple clients in a single day.”)
Formal training: McKinsey & Company (“It’s simply the best training and development anywhere.”)
Promotion policies: McKinsey & Company (“It is meritocratic advancement in a supportive environment.”)
Compensation: The Boston Consulting Group (“Best compensation for coming out of undergraduate of any top consulting firm, hands down. Significant flexibility options, retirement matching, potentially huge bonus and great health insurance.”)
Selectivity: McKinsey & Company (“McKinsey provides case coaches before each round of interviewing—very helpful!”)
Green initiatives: Triage Consulting Group (“We are a certified Green Business, constantly working to improve our green efforts through our internal task force dedicated to implementing new methods of furthering our company in the ‘green’ direction.”)
Firm leadership: McKinsey (“Tremendous development and growth opportunities [passed down by] very caring partners.”)
Overall business outlook: McKinsey & Company
The Vault Consulting Quality of Life Rankings concludes Vault’s Consulting 50 Rankings rollout that began on August 24, 2010. The rankings provide a comprehensive roadmap of who's who in the consulting industry and a detailed perspective on the criteria considered by candidates when evaluating consulting firms.
View the Complete Consulting Firm Rankings.
Vault.com is the source of employer and university rankings, ratings and insight for highly credentialed, in-demand candidates. Vault.com is organized by profession, industry, company and schools. Vault profiles, rankings and assessment tools deliver the insider perspective and career research candidates need to successfully match themselves to the best available job, employer and career opportunity. The Vault.com website features profiles on more than 4,500 employers, 4,000 universities and hundreds of industries and professions including the law, finance, accounting and consulting sectors. Founded in 1996, Vault.com is the only career resource of its kind and attracts more than 1000 employer and recruiter advertisers, more than 1200 school and institutional subscribers and millions of individual visitors and members.
# # #