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&lt;p&gt;More than ever before, consultants are looking beyond prestige when determining their future place of employment.&amp;nbsp; Today, firm culture, compensation, both formal and informal training, and various other Quality of Life factors are becoming equally, if not more important, than a name brand.&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;img style=&quot;margin: 0pt 5px 5px 0px; float: left;&quot; title=&quot;Vault Consulting 50 Seal Homepage&quot; src=&quot;http://www.vault.com/VCM/homepage/carousel/Consulting-Seal-263x252.png&quot; alt=&quot;Vault Consulting 50 Rankings&quot;&gt;This was the basis behind the recently released Vault Consulting 50 Rankings, which combined both prestige and quality of life to determine the best firm to work for.&amp;nbsp; Bain &amp;amp; Company took the No. 1 spot, beating out consulting powerhouse McKinsey &amp;amp; Company.&amp;nbsp; Why?&amp;nbsp; Bain&amp;rsquo;s quality of life trumped McKinsey&amp;rsquo;s strong prestige.&amp;nbsp; Today, Vault has released its Consulting Quality of Life Rankings, which delves deeper into exactly why Bain &amp;amp; Company came out on top in the Vault Consulting 50.&amp;nbsp;&lt;/p&gt;&lt;p&gt;In total, Vault examined 18 different quality of life categories.&amp;nbsp; Of those 18, Bain &amp;amp; Company came in at No. 1 in 7 categories, including Overall Satisfaction and Firm Culture.&amp;nbsp; &amp;nbsp;When it comes to making its employees happy, it appears Bain &amp;amp; Company has its finger on the pulse, but that doesn&amp;rsquo;t mean McKinsey &amp;amp; Company is only about its larger-than-life name.&amp;nbsp; McKinsey made abig splash this year, taking top honors in 3 categories, such as Overall Business Outlook.&amp;nbsp; If they keep this up, Bain &amp;amp; Company is going to have a hard time holding on to the top spot in the Vault Consulting 50.&amp;nbsp;&lt;/p&gt;&lt;p&gt;Of course, with all the talk surrounding the consulting super powers, a little known entity also managed to make a big name for itself this year.&amp;nbsp; In its first year in the Vault Consulting Rankings, Point B earned first place in Work/Life Balance and Travel Requirements.&amp;nbsp; Not a bad debut.&amp;nbsp; Where will they go from here?&amp;nbsp; It will be interesting to see what consultants have to say about Point B in future surveys.&amp;nbsp;&lt;/p&gt;&lt;p&gt;And that&amp;rsquo;s how these rankings are derived.&amp;nbsp; 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. &amp;nbsp;Nearly 5,000 consultants responded to our inquiries.&amp;nbsp; A firm&amp;rsquo;s score in each category is simply the average of consultants&amp;rsquo; ratings of their firms in that category. Vault&amp;rsquo;s rankings indicate the top firms in each area, offering associates a tool to aid in their career search.&lt;/p&gt;&lt;p&gt;Here is a look at who came out on top in this year&amp;rsquo;s rankings, along with some responses made by those that work at these firms:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Overall satisfaction:&lt;/strong&gt; Bain &amp;amp; Company&lt;/p&gt;&lt;p&gt;&amp;ldquo;Bain is an awesome place to work -- they truly care about their employees!&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Firm culture:&lt;/strong&gt; Bain &amp;amp; Company&lt;/p&gt;&lt;p&gt;&amp;ldquo;Bain&#39;s culture is 100% oriented around working with each other and with our clients to create business success stories. It is hard working, full of purpose, and fun.&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Hours in the office:&lt;/strong&gt; Jabian Consulting&lt;/p&gt;&lt;p&gt;&amp;ldquo;The work life balance at Jabian is strongly encouraged and is a keystone to the culture here.&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Work/life balance:&lt;/strong&gt; Point B&lt;/p&gt;&lt;p&gt;&amp;ldquo;Absolutely. It is almost a requirement at Point B. It is the primary value that the company was built on.&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Travel requirements:&lt;/strong&gt; Point B&lt;/p&gt;&lt;p&gt;&amp;ldquo;You do not need to travel outside of your home market unless you want to. If you choose to do so you are additionally compensated.&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Relationships with supervisors:&lt;/strong&gt; Stern Stewart&lt;/p&gt;&lt;p&gt;&amp;ldquo;Stern Stewart has provided me with the opportunity to develop strong relationships with my peers and very senior managers due to the strong team culture and flat organizational hierarchy.&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Interaction with clients:&lt;/strong&gt; McKinsey &amp;amp; Company&lt;/p&gt;&lt;p&gt;&amp;ldquo;We have great relationships with clients who value our opinion and work and are enjoyable to work with.&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Formal training:&lt;/strong&gt; Bain &amp;amp; Company&lt;/p&gt;&lt;p&gt;&amp;ldquo;Bain is best-in-class in terms of formal training.&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Promotion policies:&lt;/strong&gt; Bain &amp;amp; Company&lt;/p&gt;&lt;p&gt;&amp;ldquo;Most people at Bain would agree that Bain promotes consultants when they are ready -- not before.&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Compensation:&lt;/strong&gt; Bain &amp;amp; Company&lt;/p&gt;&lt;p&gt;&amp;ldquo;Excellent compensation and performance bonuses.&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Selectivity:&lt;/strong&gt; McKinsey &amp;amp; Company&lt;/p&gt;&lt;p&gt;&amp;ldquo;McKinsey has the most rigorous hiring process I have encountered - it really is pretty impressive, especially when you get to see the amount of effort and thought that goes into it.&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Green initiatives:&lt;/strong&gt; A.T. Kearney &lt;/p&gt;&lt;p&gt;&amp;ldquo;AT Kearney is a leader in sustainability work. We are the first carbon free consulting firm.&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Firm leadership:&lt;/strong&gt; Analysis Group&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&amp;ldquo;The company leadership is great and has a clear vision to improving and growing our company.&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Overall Diversity: &lt;/strong&gt;Bain &amp;amp; Company&lt;/p&gt;&lt;p&gt;&amp;ldquo;Bain has a strong network of affinity groups, including Women at Bain, Blacks at Bain, Latinos at Bain, and BGLAD.&amp;nbsp; As a member of two of those groups, I can attest to the support they provide.&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Diversity (Women): &lt;/strong&gt;Health Advances&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Diversity (Minorities): &lt;/strong&gt;IMS Health Incorporated&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Diversity (GLBT):&amp;nbsp; &lt;/strong&gt;Bain &amp;amp; Company&lt;/p&gt;&lt;p&gt;&amp;ldquo;Bain has an incredible culture that balances great teaming with supporting the individual - allowing the individual to be an individual.&amp;rdquo;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Overall business Outlook:&lt;/strong&gt; McKinsey &amp;amp; Company&lt;/p&gt;&lt;p&gt;&amp;ldquo;McKinsey is well-positioned to capitalize on the market recovery. We have significant expertise in high-demand functions such as growth strategy and marketing and sales.&amp;rdquo;&lt;/p&gt;&lt;p&gt;To view the entire rankings and see how other firms fared, click here.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&lt;em&gt;--Jon Minners, Vault.com&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;

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