Career Prospects at McGrathNicol

The performance cycle which occurs every year provides the opportunity for a promotion twice a year. There is a competency framework which outlines the proficiencies required for each role, if you are able to demonstrate proficiency in the current role you are in, you able to achieve a promotion.

A general progression up the ranks after time in the seat.

There is a clear framework and standard timeline for promotions and goal setting but have not yet experienced this. Your Counselling Manager and Partner are there to support your development and discuss your progression goals.

There is a yearly review which enables you to go for promotion.

I have regular catch ups with my Counselling Partner to talk about my career progression. People are transparent in the promotion process.

I think the system that McGrathNicol has in place is good. The idea that there is a rough framework of time set out for progression, but it is not guaranteed is both comforting and encouraging. It is good to know that there is an opportunity for me on the horizon and my manager makes acknowledgement of this. Conversely, I am glad it is not just based on time, and there is an element of merit that it is based on.

Promotion opportunities are very transparent. When speaking with your Counselling Manager (career mentor) you can discuss when you want to aim for a promotion and put a plan in place to achieve that.

Most Graduates (who are known as Analysts or Consultants) will progress onto becoming a Senior Analyst/Consultant after 1.5 years of experience on the job.

The promotion opportunities for a Graduate are quite consistent and structured.

Achieve goals and what is expected to move up to the desired level. Have discussions with team members on how you're going and receive regular feedback.

Career progression and flexibility between departments is communicated relatively well.

I was promoted to Senior Consultant after one year at the ?rm, and I have been told it will be possible for me to reach Assistant Manager next year. McGrathNicol has a comprehensive competency framework which outlines the expectations of each level in the firm, and a rewards cycle which takes place twice a year and is an opportunity for your level and compensation to be reviewed.

I feel like there definitely is room to grow and expand your career at McGrathNicol, whether that be across service lines or promotions in your own area.

Clear timeline, guidelines and framework, however, have not experienced the progression in-depth yet, so will be waiting to see it in practice.

Good opportunities if you perform

I'm not too sure how it works but I think there are standard timelines for promotions and the conversations about prospects are very open if you discuss it with your manager. The firm is very committed to helping staff develop and challenge themselves.

The firm engages in performance reviews bi-annually and genuinely values the feedback process. Career progression is evident across the ?rm and is both tenure and performance based.