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McKINSEY & CO.  print     e-mail 
 
New York, NY
 
WHAT THEY DO
Offer management consulting services to businesses worldwide
 
EMPLOYEES
4,240
 
WOMEN
2,290
 
 

GROOMING LEADERS Consulting companies are notoriously demanding and often difficult places to work while raising a family. At McKinsey, a new Centered Leadership program helps female consultants develop a “holistic” approach to their careers by building professional and personal goals. Last year, 100% of the company’s female consultants participated in the program.

TAKE LEAVE
There’s no reason for new parents to hurry back to the office: Birthmoms receive 14 paid weeks of maternity leave, adoptive parents get eight, and new dads get two. As of 2007, anyone dealing with “special births”— including multiples, preemies or babies with special needs—receives an extra four weeks off.

FLEX ABILITY
Expectant and new moms can get support and coaching from the Mothers’ Network manager, a position created last year, and a phase-back program allows them to return to work on a reduced schedule.
Last year, 100% of consultants took advantage of formal and informal work options, including flextime, part-time and personal leave.

WHAT WORKS Staffers who quit or take leaves of absence can maintain ties to the company by working as “alumni consultants” on a short-term or part-time basis. Alumni consultants and firm staffers on leave can keep their skills up to date by attending professional training programs.

Women managers/execs 462
Women among top earners 22%
Women on board of directors N/A
Managing Director Ian Davis
Director, Global Diversity Barbara Stern
 

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     ABBOTT

  Parents who work for this pharmaceutical giant don’t need to miss their little ones’ “firsts” just because they’re at the office: A state-of-the-art day-care center at headquarters serves 670 infants, toddlers and kindergartners, all of whom can see Mommy and Daddy during the day. ...
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     ACCENTURE

  It’s possible to step away from the job for up to two years, under the Flexible Transitions program. Staffers on sabbatical can continue to attend meetings and corporate events and are matched with career counselors during their leave. ...
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     ALLSTATE INSURANCE

  Children are truly “in good hands” with this company: Tuition scholarships can slash up to 30% off the cost of the day-care center at headquarters, while three near-site centers retain priority slots for staff kids. All employees have access to discounted child care through four ...
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     AMERICAN ELECTRIC POWER

  Public utilities have long been male-dominated industries, but this company is trying to level the playing field by recruiting female employees and setting annual diversity targets (all of which it met in 2007). Last year, women made up 20% of the company’s new hires. ...
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     AMERICAN EXPRESS

  Life got a little easier for this company’s new parents last year. After a birth or adoption, primary caregivers with one year of service are now eligible for up to six paid weeks off, and secondary caregivers for two paid weeks off, in addition to ...
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     ARNOLD & PORTER

  New moms enjoy 18 weeks of paid maternity leave, up from 12 weeks in 2007. The firm provides staffers with $5,000 toward adoption costs, and its insurance coverage pays a lifetime benefit of up to $30,000 for fertility treatments. ...
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     ARNOLD WORLDWIDE

  Women are particularly encouraged to attend leadership conferences and scale the corporate ladder. Nearly half of all corporate execs are female, and both the Boston and Washington, DC, offices are headed by working mothers. ...
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     ASTRAZENECA

  From infancy through kindergarten, kids can attend a subsidized child-care center near the main campus (parents pay a sliding-scale fee based on income). Afterschool care and holiday/summer care are also available at the center. ...
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     BAIN & CO.

  Employees who adopt are reimbursed for up to $10,000 of expenses; the primary caregiver can take four weeks of paid leave, and the nonprimary caregiver can take two. ...
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     BANK OF AMERICA

  Thinking about the planet, last year the company pioneered a reimbursement program offering $3,000 to any U.S. associate buying a new hybrid vehicle. Nearly 1,400 associates took the bank up on its offer. ...
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