KPMG US Reviews

Updated August 13, 2014
Updated August 13, 2014
3,014 Reviews

3.6
3,014 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
KPMG US Chairman & CEO John B. Veihmeyer
John B. Veihmeyer
687 Ratings

Review Highlights

Pros
  • Good job security, decent work life balance except during Tax Season, good benefits (in 182 reviews)

  • Great place to start work if you want to see a lot of different things (in 90 reviews)


Cons
  • Work/life balance is only achieved within the course of a year for those in audit (in 418 reviews)

  • Work long hours especially during busy season and political work environment (in 470 reviews)

More Highlights

348 Employee Reviews Back to all reviews

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  1.  

    Good for middle of the road

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

    I have been working at KPMG US full-time for more than 5 years

    Pros

    Benefits are very good and the opportunities you get from working for Big 4 make it a good place to grow at more junior levels.

    Cons

    Politics are silly and so territorial, penny pinching attitude prevails in silly things, workloads seem designed as a disincentive to high-performers, the immature culture makes being valued a challenge.

    Advice to ManagementAdvice

    Fix the structure to reward high performers who don't fit your cookie-cutter model before you lose them to the competition.

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

    Great firm for professionals in accounting, advisory or tax. Not as great for administrative staff.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Administrative Assistant  in  New York, NY
    Current Employee - Senior Administrative Assistant in New York, NY

    I have been working at KPMG US full-time for less than a year

    Pros

    Great people (for the most part), strong perks and benefits, PTO, competitive compensation, commitment to diversity.

    Cons

    There is a strong "us" versus "them" between client service professionals and the business process group staff. While there are some Partners who treat their admins respectfully and with dignity, others are rude and abrasive beyond anything I've seen and Leadership tolerates it.

    Advice to ManagementAdvice

    Stop passing out the Kool-Aid and find out why some Partners cannot seem to be leaders and reduce turnover.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3. 2 people found this helpful  

    "Slavery"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Federal Tax Associate  in  Minneapolis, MN
    Former Employee - Federal Tax Associate in Minneapolis, MN

    I worked at KPMG US full-time for more than a year

    Pros

    Excellent place for first job. Great formal and informal training ground. Extremely long hours. Very weak pay.

    Cons

    Most employees have very poor communicative skills. Working in the Minneapolis office the vast majority of employees are passive aggressive.

    Advice to ManagementAdvice

    Overtime pay is a must for low paying associates.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5. 2 people found this helpful  

    Going downhill fast

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

    I have been working at KPMG US

    Pros

    Smart co-workers as in any Big Four. Exposure to sophisticated and intelligent clients as in any Big Four.

    Cons

    After most of the restrictions related to the Deferred Prosecution Agreement expired KPMG decided to try and move up from perennial fourth to something higher in The Big Four. Among the new ideas, cram people into open work cubes to blatantly save rent expense while treating employees and partners like cattle, and then have the gall to call it "The Workplace of The Future." Now they launch this ridiculous campaign to build morale (no compensation increases, but two additional days off for those who drink the kool aid), emphasizing themes as if KPMG were an altruistic NGO instead of a highly qualified for-profit audit tax and advisory firm. You have to see some of the posters to believe them. The place is going to hell in a hand basket while senior management in New York slap each other on the back over their latest weird ideas.

    Advice to ManagementAdvice

    Focus on superior client service to the existing client base. Pay top dollar for top talent. Stop all the messaging bullcrap. Stop pretending work-life balance is a priority and do something about it. Realize turnover is the biggest cost, and do something about it. Get back to blocking and tackling and return the Firm to its previous prestige.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Prestigious, but long hours, lots of stress, and lots of know-it-alls.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Audit Associate  in  Minneapolis, MN
    Former Employee - Audit Associate in Minneapolis, MN

    I worked at KPMG US full-time for more than a year

    Pros

    You can learn to become very competent at auditing, tax preparation, or at another service by working in one of the firm's service lines.

    Cons

    Blame is a one-way street that runs only from the top to the bottom. If you go over budget in terms of hours as an underling, it's your fault irrespective of whether the budget was unrealistic to begin with, which it always is because issues will come up on every engagement, but no one ever takes that fact into account.

    Advice to ManagementAdvice

    Like all for-profit companies, the firm's main goal is to increase revenues year-over year. To achieve this increase, the firm's business strategy is, to some extent, to earn money by volume, which it can only do spreading thin its resources . The firm, however, also expects perfect work product. If the firm made a priority of providing better client service by allocating more resources to each client, perhaps it would be able to achieve its earnings goals without sacrificing the quality of its work product.

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    OK place numerous growth opportunity, too much politics

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at KPMG US full-time for more than 5 years

    Pros

    Good pay, support systems

    Cons

    Politics, cliques, long hours, travels

    Advice to ManagementAdvice

    become less hierarchical

    Recommends
    No opinion of CEO
  8. 2 people found this helpful  

    Could not get out of here fast enough.

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

    I worked at KPMG US

    Pros

    Good training, decent pay, great on a resume.

    Cons

    Bad hours, cannot question your seniors (gosh forbid you offer an improvement!), no gratitude for the work you do put in, people party too much, people come in hungover, need to brownnose big time to advance. If you're a quiet person who likes to challenge yourself and constantly strive for improvement, you will feel a lot of tension working here. They want to mold you; they do not want your talents or insights.

    Advice to ManagementAdvice

    Stop having inappropriate relationships with interns and first years. It makes it uncomfortable for those who come to work to well,...work.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 2 people found this helpful  

    AUDITORS RUN FOR YOUR LIVES

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Audit Associate  in  Santa Clara, CA
    Former Employee - Audit Associate in Santa Clara, CA

    I worked at KPMG US full-time for more than a year

    Pros

    This review is in reference to KPMG's audit practice in the SV/SF region only.

    + Great accounting experience
    + Great companies, clients
    + Wide range of industries, company size
    + Develop an industry focus
    + Resource management listens to preferences for staffing
    + Partners are personable and approachable
    + Office events, free drinks!, national trainings
    + Meet friends and colleagues
    + PTO/Summer is more laid back
    + Internal publications and resources to learn
    + Team environment
    + Assigned mentor
    + Respected in the industry
    + Recent strategic acquisitions to build various functions
    + Nice 401(k) matching, CPA assistance and bonus, fringe benefits
    + Reputable logo to have on your resume

    Cons

    - You will work with many different types of people. In other words, there are many passive-aggresive types, many unpleasant people, and many that you will become great friends with. It's a complete crapshoot.
    - Lots of GOSSIP and POLITICS. The politics are overwhelming. People will literally alienate and destroy reputations of others within the firm simply if they are offended, project is over budget because of someone, easily threatened, so on.
    - The engagement review rating system is literally used to get even when possible. At the same time, the rating system is very important on the HR-side, so it makes for a very real career hazard.
    - All accounting firms seem to be understaffed, but this office is ESPECIALLY understaffed. They are begging other KPMG employees to transfer to this office location.
    - Partially because of the reason above, for 6-9 months you will work 55-105 hours and 6-7 days per week. Whatever you do, don't calculate your hourly rate on that!
    - KPMG is known for underbidding in order to win new audit clients. You can definitely tell this as some engagements have a barebone budget and the seniors and staff are stressed further to get the work done within the constraints.
    - Seniors/Managers will alienate someone when they discover/hear that person is interested in a new job, transferring lines of service within the firm, so on.
    - Obsolete and ineffective business processes (reams of paper, piles of binders, flash drives, unilateral performance reviews).
    - During busy season, associates have to stay late because seniors stay late. There are "team of choice" initiatives to try to help change this, and it probably is changing, but as of now there seem to only be superficial improvements.
    - With some exceptions, Less prestigious/sexy clients to work with. I.e. Semiconductor companies instead of the Top-Tier tech/social media/software/internet companies you think of associated with Silicon Valley.

    Advice to ManagementAdvice

    My last general comment would be to college students, which is to probably avoid KPMG all together. Go to a different Big 4 firm. The technical competency of KPMG is excellent, and they do well interacting with clients, but there are a lot of issues internally. Consistent with comments above, the politics started to quickly suffocate my career development, so I pulled the ejection switch and went elsewhere.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Associate

    Former Employee - Audit Associate  in  Richmond, VA
    Former Employee - Audit Associate in Richmond, VA

    I worked at KPMG US full-time for less than a year

    Pros

    Very Bright people, highly motivated, and interesting

    Cons

    Long Hours, little reaction from managers and upper management. Treat you poorly due to high turnover in staffing. Sinking ship, not a secret that they are understaffed which puts immense pressure on current employees. Inexperience first years are expected to perform work of a 3rd year, no training just work.

    Advice to ManagementAdvice

    Sinki

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 2 people found this helpful  

    no flexiblity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Tax Senior Associate  in  New York, NY
    Current Employee - Tax Senior Associate in New York, NY

    I have been working at KPMG US full-time for less than a year

    Pros

    work is good and technical, so you will learn alot. Its a big 4, so will look good on the resume, when or if you choose to move somewhere else.

    Cons

    There is no flexibilty. If you work from home one day, they will make a big deal out of it. They expect you to come into the office saturday AND sunday during busy season, most other places would let you work from home atleast on sunday. My friends at PwC and EY work from home if the weather is bad so KPMG really really behind when it comes to flexibility.

    Very Very Very political, if one manager says bad things, it is nearly impossible to get work from anyone else. So if you do join this firm, keep in mind to Never ever ever get on anyone's bad side, keep your head down and do your work, regardless of how unpofessional a certain senior manager maybe.

    Technology sucks, and training is that of a midsize firm. Other firms have trainings at a click of a button, here they have a manager just go through the motions.

    Benefits are lousy, however KPMG still has pension programs, so if you stick around long enough, its worth it.

    All in all, PwC or EY are the best options out of the big 4.

    Advice to ManagementAdvice

    Give people atleast 6 months to prove themselves and when hiring someone make sure you look at their qualifications and see if you have enough work to give them, before actually hireing them.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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