• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
CommentaryBest Workplaces

This Employee-Owned Consulting Firm Was Just Named One of Chicago’s Best Places to Work

By
Ed Frauenheim
Ed Frauenheim
Down Arrow Button Icon
By
Ed Frauenheim
Ed Frauenheim
Down Arrow Button Icon
May 25, 2018, 4:01 PM ET
Two colleagues playing table tennis in office break room
Two colleagues playing table tennis in office break roomWestend61/Getty Images

Ping pong is more than a pastime at West Monroe Partners.

The Chicago-based consulting firm has turned table tennis into something close to a company camp fire.

Yes, ping pong tables are a clichéd workplace perk. But at West Monroe, they go far beyond a way for professionals to blow off steam. All West Monroe offices, from Seattle to Dallas to New York City, have a ping pong table, which helps to serve both as a gathering spot and a symbol of West Monroe’s close-knit, family-like culture.

Last year, West Monroe flew all of its 900 employees to Chicago to celebrate its 15-year anniversary, and one of the highlights of the event was a table tennis tournament. The tourney featured referees, a program with player bios, and friendly (but intense) matches.

“It was more exciting than watching a professional football game,” says Doug Armstrong, the company’s senior managing director and leader of the Chicago office.

The table tennis focus is part of a broader push at West Monroe to cultivate camaraderie. Not only are all employees owners of the firm thanks to a stock ownership plan, but the company takes pains to stay connected, such as “4 O’clock Rocks” parties one Friday each month to help deepen relationships among colleagues.

All the fun and games aren’t just about feeling good. Armstrong says the solidarity is a business strategy. It translates into lower turnover, more innovative ideas and better relationships with clients—who turn to West Monroe for business and technology consulting. Armstrong draws a direct line between the firm’s strong ties to people and its healthy growth—the Chicago office saw revenue climb 42 percent last year, added 185 people, and the company is currently in the process of taking over another floor in its Chicago building.

“Consulting is a people-to-people business,” Armstrong says. “It’s based on relationships. It’s based on trust.”

That high-trust culture has helped West Monroe become one of the Best Workplaces in Chicago, compiled by my company, research and consulting firm Great Place to Work, in partnership with Coins2Day, via a survey of employees and a thorough culture audit. Our research shows that a caring community is one of the strongest drivers of revenue outperformance. In particular, when employees in a high-trust culture experience a caring workplace, they are 44% more likely to work for a company with above-average revenue growth.

West Monroe’s leaders did not have such lofty goals in mind when they sketched out their vision 16 years ago on a set of napkins at Miller’s Pub, a Chicago watering hole a block away from West Monroe Street. Instead, they were merely trying to launch a company with solid values, including “people-first, fun, and meritocracy.”

Later, West Monroe added “social responsibility” to its core principles. And the firm today stands out for its commitment to the communities in which it does business. This includes charitable work. It has a 1-1-1 approach to giving back modeled on software company Salesforce’s formula for philanthropy—1 percent of equity, sales and employee time are donated to good causes. In Chicago, this has involved providing pro-bono help to the Chicago Police Department in the form of guidance on training and new police officer onboarding.

But the community connections go deeper at West Monroe. Quarterly meetings of the firm’s Chicago unit touch on issues facing the city. In keeping with the Police Department assistance, one recent meeting included a segment on gun violence in Chicago neighborhoods and the roots of that problem.

The company’s sense of care extends to the personal growth of each employee All staffers are encouraged to write a “three-year letter” describing how they want to grow both personally and professionally during that time period. Each employee also has a career advisor to guide them. That personalization and focus on social connections helps explain the company’s turnover rate of 11 percent—roughly half the industry average.

Engaged employees also figure into how West Monroe has stayed abreast or ahead of technology changes, even as it competes with giant rivals. West Monroe invites consultants at all levels to propose promising new directions for the company, and vets these ideas in part through “a friendlier version of shark tank,” Armstrong says. A recent example is a push into robotics and process automation technologies. “We’ve got to be on the forefront,” Armstrong says. “We rely on our people to generate ideas.”

Ed Frauenheim is director of research and content at Great Place to Work, Coins2Day’s longtime research partner for Best Workplace lists, including the Best Workplaces in Chicago. Ed also is co-author of A Great Place to Work For All, a new book that explains how companies with great cultures are better for business, better for people, and better for the world.

About the Author
By Ed Frauenheim
See full bioRight Arrow Button Icon

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Commentary

depa
CommentaryConsulting
Adaptability is the new job security and 4 more future AI trends from EY’s global chief innovation officer
By Joe DepaJanuary 16, 2026
2 days ago
verma
CommentaryGoogle
Google Meet exec on the knowledge engine hiding in your calendar: meetings become IP
By Awaneesh VermaJanuary 16, 2026
2 days ago
sharma
CommentaryTraining
AI will infiltrate the industrial workforce in 2026—let’s apply it to training the next generation, not replacing them
By Kriti SharmaJanuary 15, 2026
3 days ago
CommentaryBusiness
Using AI just to reduce costs is a woeful misuse of a transformative technology
By Nigel VazJanuary 15, 2026
3 days ago
powell
CommentaryMiddle class
Forget the K-Shape: We have a barbell economy—and the middle class is buckling under the weight
By Katica RoyJanuary 14, 2026
3 days ago
engineer
Commentaryengineering
China graduates 1.3 million engineers per year, versus just 130,000 in the U.S. We need AI to bridge the gap
By Paul Eremenko and Ashish SrivastavaJanuary 14, 2026
4 days ago

Most Popular

placeholder alt text
Newsletters
The oil CEO who stood up to Trump is a follower of the disciplined 'Exxon way' and has a history of blunt statements
By Jordan BlumJanuary 13, 2026
5 days ago
placeholder alt text
Politics
The Nobel Prize committee doesn't want Trump getting one, even as a gift—but they treated Obama very differently
By Nick LichtenbergJanuary 16, 2026
1 day ago
placeholder alt text
Economy
America’s $38 trillion national debt is so big the nearly $1 trillion interest payment will be larger than Medicare soon
By Shawn TullyJanuary 15, 2026
3 days ago
placeholder alt text
Banking
'Absolutely, positively no chance, no way, no how, for any reason': Dimon says he'd never run the Fed but 'would take the call' to lead Treasury
By Jacqueline MunisJanuary 16, 2026
1 day ago
placeholder alt text
Success
Jensen Huang tells Stanford students their high expectations may make it hard for them to succeed: 'I wish upon you ample doses of pain and suffering'
By Orianna Rosa RoyleJanuary 16, 2026
2 days ago
placeholder alt text
Europe
Americans have been quietly plundering Greenland for over 100 years, since a Navy officer chipped fragments off the Cape York iron meteorite
By Paul Bierman and The ConversationJanuary 14, 2026
3 days ago

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.