EY Reviews

Updated March 28, 2015
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EY Global Chairman and CEO Mark Weinberger
Mark Weinberger
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38 Employee Reviews

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  1. Helpful (1)

    Assistant Tax Advisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Tax Advisor in London, England (UK)
    Current Employee - Assistant Tax Advisor in London, England (UK)

    I have been working at EY

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Big brand on your CV

    Cons

    They don't treat their staff very well. They expect them to be available at all hours of the day on quite a meager salary. They set unrealistic targets such as vision 2020 which means that they don't have to pay a bonuses when targets are not met. Partner bonuses have been growing year on year whilst employee pay has fallen consistently in real terms. They are happy to have employees churn through rather than pay well to retain staff.

    Advice to Management

    As the market picks up you will need to pay more to keep good staff and stay competitive. Set realistic targets and award competitive bonuses to retain staff.

  2. EY is perfect if you enjoy putting work above all else in life

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Consultant in London, England (UK)
    Current Employee - Senior Consultant in London, England (UK)

    I have been working at EY full-time (more than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good salary in regional offices at low grades
    Varied work
    If you like travel and relocation then plenty of opportunities to pursue
    Benefits such as bonuses, expenses, and flashy away days
    Pay for qualifications
    Opportunity to move on to other positions in industry easily with a big 4 firm on your CV

    Cons

    Expectation to work long hours for no additional reward
    You will spend 12 hours a day staring at a computer at the junior level
    Be under no illusion - you are working for a corporate firm so great if status is at the top of your priority list, but not when you get your enjoyment from life outside of work
    Travel is expected at all levels and whilst expenses are covered, lost time and work life balance isn't
    Lots of dull repetitive work

    Advice to Management

    higher salaries or lower working hours to ensure employee retention
    Encouragement for junior employees to adopt flexible working - recognition that it isn't just for working mothers in senior positions
    Where working part-time is an option - ensure this means part time and not just cramming all your hours into a 3 or 4 day week instead of a 5 day week
    Flexible working should not mean spreading 60 hour weeks over 7 days instead of 5
    Output led approach should be followed more and encouraged - if you can get all your work done in a 40 hour week, there should be no expectation to work more

  3. Glorified Project Managers, Does not develop employee skill sets, churn and burn experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Performance Improvement Consultant, Analyst in London, England (UK)
    Former Employee - Performance Improvement Consultant, Analyst in London, England (UK)

    I worked at EY full-time (less than a year)

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    - Great brand name outside United States
    - Nice people
    - Better (not good) work life balance than other consulting or finance organizations
    - International opportunities

    Cons

    - The 'consulting' work amounts to glorified project management
    - Superficial skill development opportunities for employees, resulting in many external hires
    - Inadequate compensation, unless hired externally
    - Limited exit opportunities outside of project management

    Advice to Management

    Show real concern for internal development and compensation, don't just pay lip service to it, especially for analysts
    Be more transparent about the revenue growth by service line, sub-service line and industry

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  5. Audit sweatshop

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Audit Executive in London, England (UK)
    Current Employee - Audit Executive in London, England (UK)

    I have been working at EY

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    Pros

    - great social
    - lots of young people
    - quick profession as people leave quicker than they can replace them.

    Cons

    - all the gains of your efforts flow to the partners
    - repeated false promises of improvements being made to the department.
    - once in audit you are tied to your training contract with no scope for a variety of experience

    Advice to Management

    - innovate
    - get some non executive partners in the management team for each department to maintain perspective

  6. Helpful (1)

    Good for workaholics but if you desire work life balance look elsewhere.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at EY full-time (less than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Training both onsite and external was of a good quality.
    Pay seemed comparable to similar roles elsewhere.
    Workaholics will progress well.

    Cons

    No work life balance
    "Lad" culture
    Excessive travel
    Seemed understaffed leading to long hours. These long hours for junior staff are seen as paying your dues.
    Unable to retain work force.

  7. EY Auditor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate Auditor in London, England (UK)
    Former Employee - Associate Auditor in London, England (UK)

    I worked at EY full-time (more than a year)

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Good business exposure; friendly colleagues;

    Cons

    outdated views on teamwork; narrow-minded management; bad pay.

  8. Helpful (1)

    Not what the box says

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - OTS
    Current Employee - OTS

    I have been working at EY (more than 5 years)

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Large company, one of the big four. Access to broad set of global clients

    Cons

    bullying culture. poor infrastructure and technology. political. high staff turnover

    Advice to Management

    if you are going to improve culture... you personally need to contribute to it

  9. Hard work, low pay, poor leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager in London, England (UK)
    Current Employee - Senior Manager in London, England (UK)

    I have been working at EY full-time (more than 3 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Varied range of clients - to be expected, given size of company. Industry-standard benefits. Flexi-working tolerated (though this is a double-edged sword, as work life bleeds into home life).

    Cons

    Crazy hours, low pay, low bonuses, top tiers (partner/director) highly protected with blurry career progression path, on call 24 hours a day, seven days a week. Even at associate director/new director level, effective hourly rate much lower than a position with equivalent responsibility in industry. Manageable if you're single, don't need or want life outside of work, or have a highly traditional home life where you bear no significant responsibilities outside of working. Leadership team blissfully unaware of continued resource pressure and tends to ignore underwhelming internal "barometers". Not recommended.

    Advice to Management

    Walk the walk, Saturday and Sunday are not regular working days - unless you boost everyone's pay by 40% and put it in the employment contract.

  10. Helpful (1)

    Not a long term work environment for most people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at EY full-time

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Good benefits, training, and salary if you are based in London

    Cons

    Coming from working in different industries before consulting I did not know what to expect and did it with an open mind. Although the pros might sound appealing in my opinion there are far too many cons to the environment I saw and experienced and I would only recommend it to someone who has known no other career and has very thick skin. The London operation in my opinion is a giant body shop trading on people's qualifications for huge financial motives as opposed to any other commendable ambition.
    If you like to be around to reap the benefits of your efforts then stick to working in an industry where you are not sent away to another project or company on a fairly regular basis to start all over again.
    If you like to make good friends with colleagues where you work consulting is probably not the place for you as there is so much competition, movement across projects and hotdesking.
    It is extremely competitive to make any promotion beyond the role you join with and many people leave unhappy that they did not receive it when they deserved it.
    The hours can be VERY long for weeks and months negatively affecting homelife.
    It is a single persons game in my opinion, only if you have very thick skin and are motivated mainly by money.
    The grass is greener on the other side!

  11. Very low representation of Women in Senior Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Director in London, England (UK)
    Current Employee - Assistant Director in London, England (UK)

    I have been working at EY full-time (less than a year)

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Potentially a lot of opportunities to grow and expand
    Work-life balance is good in FIDS
    Variety of groups to join

    Cons

    Negligible bonus structure
    Hard to get support from other teams due to politics
    Everyone is too focused on achieving their goals for promotion to help/support others who aren't their counselees

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