EY Reviews in United Kingdom

Updated September 3, 2014
Updated September 3, 2014
4,460 Reviews
3.7
4,460 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
EY Global Chairman and CEO Mark Weinberger
Mark Weinberger
700 Ratings

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)

More Highlights

29 Employee Reviews Back to all reviews

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  1.  

    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 for less than a year

    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

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  2.  

    Workplace discrimination?

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at EY

    Pros

    Generally nice people to work with

    Cons

    Unfair - unless you're popular and fit in you won't go far

    Advice to ManagementAdvice

    I tend to find that EY is the type of place that where if the face fits then you'll go far - fast tracked up the corporate ladder and invested heavily in. For others, despite working hard and generating substantial revenues you'll be given empty promises of promotion etc. for a firm that claims to be all-inclusive and diversive it tends to be all talk and no action, not that you want to be treated differently from colleagues - just the same and given the same opportunities. The differences are more prominent in the regions where time and time again i've been amazed that some individuals have been passed over for promotion despite excellent gradings.

  3.  

    EY

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

    I worked at EY as an intern for less than a year

    Pros

    A lot of client exposure

    Cons

    Unreasonable amount of hours required for a derisory amount of pay.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Don't do Audit

    • 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 full-time for more than 3 years

    Pros

    They pay for your qualification and you get to put the EY name on your CV. Those are the two single reasons 80% of people join and then subsequently leave EY (in audit anyway)

    Cons

    Long hours
    Training is 'on the job' ie get thrown in and see how you do. Which is good in some respects, but bad in situations where your seniors are incompetent / absent. Situations like this are often spun as an opportunity to 'step up'
    Senior Managers and Partners seem to have worked in audit for so long that they've lost a chunk of their soul (again, I think this applies more to audit, other departments' personnel seem to have a bit more character)
    Pay has been frozen the last few years (no increases for inflation) and no bonuses since I've been at the firm

    Advice to ManagementAdvice

    Just occasionally stare up at a cloud and think to yourself: "you know what? There might be something else in the world other than audit"

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  6.  

    not good

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

    I worked at EY

    Pros

    current young and vibrant culture

    Cons

    senior managers are not up to scratch

    Advice to ManagementAdvice

    get up to scratch

  7. 1 person found this helpful  

    Great for the CV, not for your health

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

    I worked at EY full-time for more than 3 years

    Pros

    I was lucky enough to get some great projects and work with great people.
    Huge opportunity to build your network.
    ALP course is very useful, benfitted hugely from it.

    Cons

    Pay and rations poor, then Leadersip get spooked by attrition!
    Very hierarchical, therefore limited senior client exposure.
    Partners all but invisible, except when senior client meetings happen.
    Mentoring, very diffcult to come by

    Advice to ManagementAdvice

    Wake up and realise your people are your best resource and treat them with consideration and respect

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    Great experience on the customer side but life back at EY office dismal.

    • 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 for more than a year

    Pros

    Interesting projects and clients from which I have gained valuable experience in my field. Good work/life balance. Great colleagues for the most part.

    Cons

    0% pay rise for many in 2013 despite it being an extremely busy year for Advisory.

    Laughable HR / performance measurement processes (roundtables). Subject to the whim of the loudest person in the room rather than the truth about somebody's performance. This is the worst thing about the company.

    Lots of talk about living the values of the company but one or two partners in Advisory need to read and abide by that too.

    Promotion arbitrary as above.

    Advice to ManagementAdvice

    For a 'people' business you don't pay enough attention to your people and are unresponsive to criticism.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    A good company if you fit the culture and work in the right area

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

    I worked at EY full-time for more than 3 years

    Pros

    Opportunity to work on variety of projects. Generally flexible with holidays. Well regarded in marketplace. Intelligent Colleagues. Access to large scale projects. Well equipped and good location of offices.

    Cons

    Very independent over-competitive culture. Collaboration is minimal. Personal reputation valued over subject matter expertise. Poor internal IT systems. Annual performance review process is very cumbersome and not as effective as other firms.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    A cog in the BCM audit wheel

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

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

    Pros

    An excellent place to bolster your CV

    Exposure to wide range of clients/areas in Financial Services

    Great networking abilities

    Cons

    Poor remuneration: Payrise of 0% for majority of qualified staff through to Senior Management in 2013, Bonus scheme has not paid out since 2011. Highly rated staff received inflationary payrises, vast majority of other staff received 0%.

    Expect 60+ (and even 70+) hour weeks for multiple weeks throughout 'busy season', but don't expect to be rewarded. These hours were common for the first 4-5 months of 2013. Refer back to poor remuneration point above.

    Unacceptable reward in respect of workload demanded. Department believes it is paying market rates for salaries, however leavers are often getting at least 20% payrises leaving for similar level roles outside of the Big 4. Although it cannot afford to match financial institutions it is not offering nearly enough other benefits to compensate for the hours that the staff have to work. The resignation of a significant number or recent promotees is testament to this.

    Huge staff turnover issues and understaffing - partner group has not listened to years of calls for more staff. Only a staffing crisis has forced recruitment.

    Clients now appear to dictate fees (often fee decreases) even if workload is similar to the prior year. Partners are too worried about losing audit clients than making a case for maintaining fees/fee increases. Staff workload and pay have suffered as a result.

    Promotions process is not transparent, and gives very little feedback as to areas for improvement, or strong achievements.

    Advice to ManagementAdvice

    Listen to the Senior Management group with regards to: a) resourcing issues; b) remuneration. Short-termist decisions are badly affecting the mood and performance of the department. Trickle new staff members in as other staff leave - don't wait until there is a cavernous hole to fill.

    Stop allowing a small number of panel members to run riot in your round-table process.

    Offer more in the way of training - particularly focused on the sub-levels of the department (I.e. create IB specialists, Retail banking specialists etc.)

    Stop focusing on only a small number of star individuals and forgetting about the wider department. If the rest of the department are demotivated and leaving, the stars will (and have) too.

    Accept that you cannot run the department understaffed - you have saved money in the short term, but you will incur huge recruitment fees when existing staff leave and your managers will have the task of training up significant numbers of new teams.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  11.  

    Happy I worked there, happier I left

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

    I worked at EY full-time for more than 3 years

    Pros

    -Big 4 firm ie good name on your CV
    -Reasonable pay
    -General experience ie travel for conferences

    Cons

    -No work/life balance (despite promoting flexible working)
    -Promotions not based on merit - based on having the right people on your side
    -You give them more than they're prepared to give you

    Advice to ManagementAdvice

    -You may hear your staff, but you need to really listen to them and find out why the morale is so low and why your staff turnover is so high

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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