McKinsey & Company to add 250 employees in Costa Rica

25 July 2017 4 min. read

McKinsey & Company has announced plans to expand its Costa Rican operation with 250 new positions at its office in San José. The new staff will join the over 700-strong McKinsey capital city office – which recently received a visit from the Costa Rican President, Luis Guillermo Solís.

As the consulting industry in Costa Rica undergoes a period of growth, professional services firm McKinsey & Company announced plans to expand its operation in the Central American nation’s capital of San José with the hiring of 250 new workers. The company opened its first office in the country in 2010; in early 2018, McKinsey plans to open an expansive new state-of-the-art facility in Lagunilla, Heredia.

Costa Rica has seen modest economic growth over recent years, and the country, which is one of the world’s ‘happiest’ places to live according to Gallup-Healthways’ ‘Global Well-Being Index’, saw the trend continue with economic growth of 4.2% in 2016. Costa Rica has increasingly drawn the interest of global consultancy firms: BDO recently expanded its presence in the country with the addition of 70 employees through the acquisition of Grupo Camacho, while there is speculation that shaken IBM would move a number of jobs to India and Costa Rica, after cutting 5,000 jobs in 2016.

UK-based engineering consultancy Mott MacDonald has, meanwhile, been selected to design the masterplan for a future international airport in Orotina, Alajuela, Costa Rica. The firm has completed a year-long feasibility study to accurately forecast future air travel demand in Costa Rica, and is in the process of designing and engineering the future Orotina airport that will replace aging Juan Santamaría International Airport.

McKinsey & Company to add 250 employees in Costa Rica

Amid Costa Rica’s increasingly competitive consulting market, McKinsey has announced it will continue to expand its national presence in 2017, adding to its personnel base of over 700. The rapid growth of the firm in the country has boosted the range of consultancy services it can offer to the domestic and international markets – from Visual Graphics & Media and Technology & Digital to Research Analytics and New Ventures.

McKinsey plans to draw heavily from the local talent pool in order to fill the 250 openings. The expansion is part of the company’s longer-term growth plan in the region, which involves moving to a huge new office with a capacity of 1300 employees, in early 2018. As such, more job openings are likely to follow in the coming years.

Following a visit to the firm’s office by President of Costa Rica Luís Guillermo, McKinsey Senior Partner Solís Andrés Cadena commented, “We are very happy to have President Solís visit our facilities and meet our local colleagues. It’s the dedication and talent of Costa Ricans that is making our centre a success for our clients, and we look forward to continue recruiting and developing people and creating compelling professional paths for our colleagues.”

President Solís, meanwhile, praised the efforts of his administration in creating an attractive environment for business in Costa Rica: “This is the result of Costa Rica’s effort to strengthen the competitive conditions that the country needs to attract investment. This articulated work allows us to create jobs, thanks to the alliance with the productive and business sectors, which adds to the solid actions of the government to maintain a growing economy, with an active attraction of investments and the construction of public infrastructure necessary to bring optimum conditions.”