EY

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EY Reviews in United Kingdom

Updated May 23, 2014
All Employees Current Employees Only

3.4 204 reviews

92% Approve of the CEO

EY Global Chairman and CEO Mark Weinberger

Mark Weinberger

(26 ratings)

71% of employees recommend this company to a friend

Review Highlights

Pros
  • Policies on flexible-working supports the principle of a work-life balance(in 199 reviews)

  • it's a good place to start your career (max 3 yrs) or good if you have a family(in 98 reviews)


Cons
  • very poor work life balance; not enough staff to meet client needs; quite political(in 582 reviews)

  • Same cons as working at any consulting firm -- you will be work long hours(in 634 reviews)

17 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
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    • No Opinion of CEO

    1 person found this helpful  

    Mostly terrible

    Senior Consultant (Former Employee) London, England (UK)

    ProsCompetent and ambitious people. Good name on cv

    ConsHR sucks and they really try to squeeze money, time and energy out of you whenever they can. For a professional service firm, they are highly unprofessional when it comes to culture and remuneration.

    Advice to Senior ManagementSpread the wealth. Partners need to spread the wealth more equally with the more profitable grades and the disturbing culture needs to change.

    No, I would not recommend this company to a friend

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    • Disapproves of CEO

    1 person found this helpful  

    Good on the CV but thats it

    Audit Senior (Former Employee) Luton, East of England, England (UK)

    ProsGreat reputation.

    Thats all they have going for them. really it is. reputations is why they have grads lining up out of the door to get hired by them but almost all leave as soon as they are qualified. but thats no problem because they have another endless line of grads wanting to join!

    ConsWorked in the Luton office for 5 years.

    -long hrs
    -no social life
    -poor career progression: its all politics. who you know rather than what you know
    -poor training: seriously why the hell are ex-big4 seen as so good. it wasnt until I joined a top 20 accountancy practice did i realise how little big4 graduates actually know about accounting. skill set you develop at EY is actually pretty narrow although perfectly suited for them. but when you get to a different firm you realise how well rounded other accountancy grads are and how poorly trained and narrow you are. Told by several recruitment agencies that a lot of practices particularly smaller practices prefer not to take on ex-big4 staff.
    - bad pay!!! I make 30% more doing the same job with better hrs at a top 20 firm than at EY
    -bland uninteresting work colleagues. they all come from the same types of background. work parties were an endless boring pain
    -EVERYONE seems fake
    - really bad career management. trying to move up the company is not easy. very competitive with few opening and lots of grads going after them. creates a culture of staff ALWAYS under charging their time, under mining and back chatting about other colleagues, taking on unreasonable about of extra work to try and stand out and allowing managers to take advantage of them to show how much they "enjoy" the "challenge" of the extra work load
    - ENDLESS amount of admin, forms to fill in, surveys needing to be filled out by other departments, feed back request, POINTLESS training on the other side of London at peak work times that you HAVE to attend. Honestly i spent over 3hrs a days on admin on top of my ever increasing work load.

    Advice to Senior ManagementHire some more staff, cut the admin, plan your budgets more, change your recruitment process, listen to staff complaining about hrs, create a better and more equal culture where work is recognised not how funny/engaging the person was at the company party, paymore,
    more relevant training instead of the pointless lectures by every senior person who visits the Luton office from london.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Nice ideas, badly executed

    Anonymous Employee (Former Employee)

    ProsWork life balance, salary, people

    ConsPartners who have spent their lives in consultancy have no clue about real life. Partnership structure is not appropriate for a 21st century business. EY needs to practice what it preaches to its clients.

    No, I would not recommend this company to a friend

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    • Culture & Values
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    • No Opinion of CEO

    3 people found this helpful  

    All that glitters is not gold

    Anonymous Employee (Current Employee) London, England (UK)

    ProsZero probation. You do not have to serve a probationary period. This does not mean that you will not get stabled in the back if you are not watching.

    ConsHere is where the company excel....
    Contract is not worth the paper it's written on, e.g. Contract says 35hrs per week for most UK non-regional staffs but to avoid open victimisation you work average 6o hours a week (even on admin, non chargeable work)
    The utilisation target is high at 95% for managers and senior consultants. This is impossible to achievable because most senior mangers prevent you from recording/charging all your hours - the excuse is often issued around commercials like margin and sell-ons
    Few people selling (usually only partners, executive directors and some ruthless cut-throat directors) and or allowed to take credit for sales
    Promotion is rare, salary review is worthless (when it is communicated often the starting point is always how the firm has not reached its target this year or how your feedback and rating was not good enough, or your salary is already too high for your band), efforts are not rewarded in pay package at least not on equal measures.
    If you are not building the right internal network, I.e with the influential minority then you are not going any where.
    Bias, discriminatory, cut throat culture under pinned by brand protection culture
    Exhausting, ice age internal processes that hinders individual performance
    Unconventional guidelines / directions on projects - could include direct instruction to facilitate someone the managements don't like getting managed out
    Knowledge sharing is basically borderline plagiarism however a skill you are expected to perfect.
    Learning and development is encouraged when it is free and as long as you don't actually learn anything you can use
    Did I mention, you are just another bum on a sit - you are not valued for your skill or talent or even specialism only for your ability to keep your bum on a sit camped at clients expense for a very long time.
    Don't forget to join the firm if you want to loose or your self worth, value, core principles.

    Advice to Senior ManagementStop the damaging culture that allows bad practise to be rewarded.
    Improve performance and margin by getting rid of HR.

    No, I would not recommend this company to a friend

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    • No Opinion of CEO

    2 people found this helpful  

    An extensive underlying bullying culture exists in Operations Transaction Support

    M&A (Former Employee) London, England (UK)

    ProsBig 4 firm with a worldwide brand
    Good training oppos straight from school

    ConsA bullying culture exists
    Massively inferior to other Big 4 Firms from Partners downwards
    No clear strategy

    Advice to Senior ManagementFace up to the bullies before a life is taken

    At present you reward win at all costs

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • No Opinion of CEO

    4 people found this helpful  

    Highly political and discriminatory

    Audit Associate (Current Employee)

    Pros1) excellent on cv, 2) great client exposure

    Cons1) if you have disabilities, beware of covert and overt discriminations. Management and staff often make your disabilities worse or use it against you 2) hr is completely rude and inhuman 3) there's a lot of politics and if you're not in the in group, you'll get screwed 4) ey can stop people from taking their exams if they don't like you. This is even if you pass all your previous exams 5) a lot of long hours, yet it's only appreciated if you're in the "in group" 6) there is covert racism 7) promotion is based on being in the "in group", not capabilities 8) there's a lot of backstabbing which can make life hell and remind of school

    Advice to Senior ManagementAct more human and try to understand the views of others

    No, I would not recommend this company to a friend

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    • No Opinion of CEO

    2 people found this helpful  

    Not a great place to work

    Anonymous Employee (Current Employee) London, England (UK)

    ProsThe office is really nice and located in a good spot

    ConsPoor internal structures and processes from responding to RFPs, giving feedback and managing promotions. Pipeline of work is not managed much more than a month out. Very political, with promotions based on who people's friends are rather than merit, ability or experience. Because of this, there are a lot of confident but incompetent Managers, Senior Managers, Directors and Partners.

    Advice to Senior ManagementLook at how best in class consulting companies work and invest in structure and process improvements. Put more focus on quality both for client work and recruitment.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • No Opinion of CEO

    1 person found this helpful  

    How anyone can stick around this company long enough to get promoted is beyond me.

    Audit Associate (Former Employee) Reading, England (UK)

    ProsGood starting salary, good pension scheme, good company benefits, occasionally taken out for lunch with clients and invited to attend the 'surf' bars (free alcohol), provided with a company phone and laptop.

    ConsStrict exam policy, long hours, tedious expense forms, inflexible holiday leave, rude managers, over inflated egos, ridiculously high expectations, little reward or recognition for good work, poor on-the-job training, lots of irrelevant emails from upper management, level of security to access systems is beyond a joke.

    Advice to Senior ManagementDon't treat employees like slaves, and the partners need to take more notice of how lower level staff are treated by their immediate seniors. The cultures and values of the firm should reflect the actual business and not just be for marketing/PR purposes.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • No Opinion of CEO

     

    Worst employer ever

    Audit Senior (Former Employee) Edinburgh, Scotland (UK)

    ProsEY experience looks nice in my CV

    Cons1)Extremely bad environment
    2) Backstabings from colleagues and managers
    3) Overworking - work life balance is just a joke

    Advice to Senior ManagementYou are managing people not slaves!

    No, I would not recommend this company to a friend

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    • No Opinion of CEO

     

    Corporate Finance Grad

    Qualified Executive (Former Employee) London, England (UK)

    ProsName still packs weight
    Great London location

    ConsIncredibly boring work.
    No personality allowed, the corporate guidelines are rules, not recommendations.
    People will do whatever they can to get one up on you.
    Lack of management organisation results in last gasp deadlines.
    The senior management/partners are seen as Gods, not bosses, thus creating an environment of fear rather than respect.

    Advice to Senior ManagementBe people.

    No, I would not recommend this company to a friend

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