his year’s Best Firms to Work For have truly distinguished themselves as the profession’s
premier employers of choice. First, to receive this honor, they competed against the
largest ever pool of participants (236 consultancies, up 13 percent from last year’s
record high). Second, they are recognized for prioritizing their consultants’ job and
their entire workforces despite challenging economic conditions.
This year’s winners are split into two groups: large firms, who employ at least 500
consultants, and small firms, who employ between 20 and 499 consultants. (Firms that
employ less than 20 consultants were excluded from this analysis.)
The large firm list is dominated by a lot of familiar names. Bain & Company remains the single Best Firm to Work for the seventh straight year. Its biggest competitors, McKinsey & Company and The Boston Consulting Group are close on its heels.
This year’s ranking shed a little more light on last year’s split of Booz Allen Hamilton into the government business and the new Booz & Company, which focuses on the
commercial business. Speaking of new firms, Towers Perrin is No. 13 on this year’s list.
It should be pointed out that the survey was conducted before the merger and therefore,
Towers Perrin and Watson Wyatt were treated as separate firms.
The top 15 list also includes firms that are ideally positioned in this economy;
turnaround specialists AlixPartners and Alvarez & Marsal as well as the Big Four
rivals of Deloitte and PricewaterhouseCoopers. The profiles of the 15 Best Firms
to Work For begins on page 20.
The small firm ranking also has its share of standouts. In fact, the overall index scores
of the 10 best small firms were all higher than the best large firm. Obviously there are
different challenges facing a 100-person firm vs. that of a 1,000-plus person firm, but
it does suggest that the profession’s giants can stand to learn a few things from smaller
firms. The profiles of the Best Small Firms to Work For begins on page 36.