Grant Thornton

  www.grantthornton.com
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Grant Thornton Reviews

Updated Jul 19, 2014
All Employees Current Employees Only

3.3 266 reviews

81% Approve of the CEO

Grant Thornton CEO Stephen Chipman

Stephen Chipman

(90 ratings)

67% of employees recommend this company to a friend

Review Highlights

Pros
  • Meaningless staff augmentation projects will allow you to have a great work life balance(in 45 reviews)

  • Great people to work with and my team tries to be proactive about a work/life balance(in 16 reviews)


Cons
  • High turnover: Work-life balance does not exist if you're consistently short staffed(in 22 reviews)

  • Less competitive in terms of brand name in comparison to Big 4 audit firm(in 22 reviews)

32 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

     

    Started off great, but culture really fell off in recent times (past 3 years)

    Senior Audit Associate (Former Employee) New York, NY

    Pros- Great Clients, and opportunity to form great relationships with clients
    - Opportunity for significant client experience
    - Exposure to commercial, Not-for-profit, SEC, and other industries

    Cons-Overwork you, and severely underpay (have to do market adjustments every 4 years, which means your working under market for 4 years)
    - dog eat dog culture with no accountability from upper management
    - coaches don't have coachees best interests at heart and only care about their own careers
    - terrible training programs

    Advice to Senior Management- Pay employees what they deserve - Market value
    - Make training's more effective
    - Revamp firm culture by hiring more employees so current employees aren't miserable.
    - Procedures need to be put in place to ensure upper management (Managers and above) take responsibility and are accountable for work, and not just blame the seniors for everything that goes wrong, and take credit for all that goes right. Same for partners.

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

    • Culture & Values
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    • Career Opportunities
    • No Opinion of CEO

     

    Audit

    Anonymous Employee (Current Employee)

    ProsOffers great training opportunities.
    Employees are generally nice and professional

    ConsHigh turnover especially for FY2014 which made it worse for those who decide not to jump ship.

    – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Too many problems to fix or deal with/ignore in IT

    IT Professional (Current Employee) Oakbrook Terrace, IL

    ProsGood benefits. From an IT standpoint, a good work life balance.

    ConsPoor planning and bad decisions made by senior IT leadership. Slow to act and management behaves as if they have never had a major IT project. They have but clearly they haven't learned from their mistakes. They often hire weak and go for cheap help (which costs them more in the long run).

    Advice to Senior ManagementSenior IT leadership needs to make a tough decision and

    No, I would not recommend this company to a friend

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Grant Thornton Healthcare Practice "HCAP”

    Anonymous Employee (Former Employee)

    ProsGT is looking to increase its market penetration and brand awareness on the consulting/advisory side. This provides opportunities to contribute toward business development initiatives and identify new opportunities for services. The firm’s culture is pleasant and collaborative, it has a high focus on organic growth. Colleagues for the most part are intelligent and driven.

    ConsWithin HCAP (healthcare advisory), a team of about 40 consultants, leadership seems a bit lost. The group does not have a strategic plan or direction to compete against larger firms. Salary is market competitive but bonuses are on the low end due to the overall financial performance of the firm. Human resource support for consulting basics like travel booking, time logging, corporate cards, and cell phone is very poor. The structure for submitting career goals, fostering individual development ,and granting promotions is loose to non-existent. Turnover for the practice has been high which negates their aggressive hiring strategy. If you are looking at GT coming from the Big Four or a boutique consultancy, reevaluate your decision.

    Advice to Senior ManagementDevelop a business strategy
    Firm up your internal capabilities to support consultants
    Refine structure for setting goals and personnel development

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

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    go Big Four instead

    Anonymous Employee (Former Employee) Dallas, TX

    ProsOutsourcing to India creates a better work product than the interns and entry level staff due to a lack of training at the local office

    ConsTurnover is much higher than other accounting firms, but management doesn't seem concerned.

    Advice to Senior ManagementLack of Leadership and Direction from Upper Management

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Frustrating clients as well as frustrating internal leadership

    Manager (Current Employee) Washington, DC

    ProsThere used to be good reason to work here, such as bright people and opportunities on cool projects. But the industry is changing, and Grant Thornton is having a hard time adapting their structure and service delivery model. The company is skimping on everything and pinching pennies, and there is no incentive to grow the firm's capabilities since there is so much pressure on being billable.

    ConsThe company wants to submit proposals for anything and everything, which means that we make submissions that aren't our strength, so a lot of time is wasted on preparing losing proposals. Also, I am being kept on a project that has not expanded my skills or challenged me in over a year, only to remain billable. Perhaps it doesn't matter, since there are no projects with availability to move to anyway.

    Advice to Senior ManagementGrow your staff and nurture their career development, rather than just pressuring them to stay on a project only to be billable.

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    My experience has been ok @ Grant Thornton. The people are great. The culture is not that good.

    Manager (Current Employee) Chicago, IL

    ProsThe work-life balance at Grant Thornton is very good. This allows people to work hard but gives them the opportunity to spend time with their friends, family, etc.

    ConsThere is an extreme amount of turnover and it doesn't seem to worry the partners when they lose good quality performers. They don't do a good job distinguishing between the average performers and the top performers.

    Advice to Senior ManagementLeadership needs to spend more time on retaining the quality/high performers

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Gone Downhill Fast

    Anonymous Employee (Current Employee) Alexandria, VA

    ProsMost of the staff are good people and, depending on the project, the work itself can be interesting. As long as you're not trying to get promoted, it is possible to have a reasonable work/life balance.

    ConsWithin the past 5 years, GPS went from one of the best DC consulting firms to work for to one of the worst. The culture is completely damaged and dysfunctional. Quality is being sacrificed everywhere for profits, there is almost no support or training for staff, middle-managers are stretched in too many directions to be effective, and there is a real lack of honesty and commitment at the partner level.

    Advice to Senior ManagementThere is so much wrong at this point, almost anything could be an improvement. To deal with one of the root causes, National GT needs to stop trying to manage GPS like an accounting office and learn how this business actually works. Revenue targets need to be based in reality and an understanding of the public sector market.

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Not the long term place to work

    Manager (Former Employee) Alexandria, VA

    ProsDecent commuting location; great parties; nice office; issue good laptops; no hard line dress code; great clients; good social outlets after work

    ConsOperated like a Frat house. You need to know someone in the leadership to get ahead. If you are not close to the leadership, eventually they will let you go and hire someone cheaper

    Advice to Senior ManagementEstablish an environment of fairness and trust throughout the organization

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Not so good

    Manager (Current Employee) Alexandria, VA

    ProsFlexible work schedule, nice employees.

    ConsPoor infrastructure
    The firm tries hard to compete with the big 4 sometimes they end up with a piece of business and do not have the capability to deliver on.

    Advice to Senior ManagementInvest in good Leadership

    No, I would not recommend this company to a friend

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