Promotions are completely merit based, and at the same time, there is no up or out policy. Its like having the best of both worlds. You don't have to stress about performing better than your peers, and if you do put it the above-and-beyond effort, you will get the rewards.

I do not like that there is not an up or out policy here at Monitor. I put a lot of hard work into this company, and it is frustrating to see some people just cruise in the company - do only the bare minimum for each project - and are allowed to stay in their secure positions for many years. For someone like me who is constantly pushing to move up, it can be frustrating to see these people allowed to stay in the company and not work as hard as me.

There is no up or out policy within the firm. You can advance as quickly or as slowly within the firm as you want. This is great for the company culture because there is no cut throat mentality and everyone tries to help each other move up within the firm. The stress of having to outperform your peers in order to advance is also not present.

The is no up or out policy here at Monitor. You are encouraged to move up within the company, and are fully given opportunities to do so. If you do well on projects and go above and beyond what is expected of you, then expect to be promoted very fast.