KPMG US
3.5 of 5 2,924 reviews
www.kpmg.com New York, NY 5000+ Employees

KPMG US Reviews

Updated Jul 2, 2014
All Employees Current Employees Only

3.5 2,924 reviews

                             

86% Approve of the CEO

KPMG US Chairman & CEO John B. Veihmeyer

John B. Veihmeyer

(649 ratings)

73% of employees recommend this company to a friend
336 Employee Reviews Back to all reviews
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    1 person found this helpful  

    Could not get out of here fast enough.

    Anonymous Employee (Former Employee)

    ProsGood training, decent pay, great on a resume.

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

    No, I would not recommend this company to a friend

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    AUDITORS RUN FOR YOUR LIVES

    Audit Associate (Former Employee)
    Santa Clara, CA

    ProsThis 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 Senior ManagementMy 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.

    No, I would not recommend this company to a friend

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    Great place to start accounting career

    Anonymous Employee (Former Employee)

    ProsThe training is awesome, lots to learn.

    ConsVery long hours. The seniors can be a little difficult to work with for a new comer.

    Advice to Senior ManagementPay a little attention to the employees needs

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

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    Associate

    Audit Associate (Former Employee)
    Richmond, VA

    ProsVery Bright people, highly motivated, and interesting

    ConsLong 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 Senior ManagementSinki

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

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    2 people found this helpful  

    no flexiblity

    Tax Senior Associate (Current Employee)
    New York, NY

    Proswork 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.

    ConsThere 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 Senior ManagementGive 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.

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

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    Get KPMG on your resume and then get out of there

    Anonymous Employee (Current Employee)

    ProsGreat resume builder, Smart colleagues

    ConsPoor work/life balance (expected to work long hours, local and nonlocal travel). Low pay

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    Firm leadership is not supportive of BPG Staff

    Internal F&A (Current Employee)
    Philadelphia, PA

    ProsEnvironment is mostly pleasant and inviting unless you encounter staff who does not care for BPG practice. Health benefits, alternative work arrangements are a plus.

    ConsPML is not supportive and is never available to discuss career advancement, leadership does not reward staff for accomplishments, successes; BPG staff undervalued and overworked on a consistent basis. Leadership is out of touch with BPG staff's daily challenges to operate within unstable SAP environment. Get rid of the ping-pong table in the cafe.

    Advice to Senior ManagementDon't just solicit feedback from BPG, follow thru on making positive changes within the firm/office.

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

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    Poor performance management system and pay below market value.

    Associate (Current Employee)

    Pros4 weeks paid vacation
    Great benefits
    Working with a variety of companies and projects

    ConsLow pay
    Poor, subjective performance management system
    Long hours
    Work-life balance is heavily slanted on the "Work" end of the spectrum
    Performance metrics penalize taking paid time off, making PTO stressful rather than relaxing

    Advice to Senior Management1. Create an upward feedback system to help managers improve their managerial skillsets.
    2. Share KPI metrics and trends with all levels in the organization and ask them for help getting those metrics up.
    3. Help reduce favoritism from performance discussions by allowing for a formal appeal process. I received a different performance rating than a peer based on how vocal and attentive his PML was versus mine.
    4. Develop detailed training programs specific to the individual service lines. The existing training programs are great, but they need to go into more detail to prepare your new associates.
    5. Find a way to value non-chargeable contributions. For example, I built a tool used by senior leadership nationally, was praised by top leadership, then penalized for it in performance discussions because it wasn't chargeable.
    6. When it comes to losing talented, motivated employees or increasing pay to match their market value, increase pay. There's no reason to be stingy about a few thousand dollars and lose your investment in talent.
    7. Find a better way to identify and remove or develop poor managers. We had two managers in our group whose poor management skills caused the the exit of no less than 5 of my colleagues. Whenever anyone at the lower levels tried to make a comment or fix the situation, they were shut down or retaliated against.

    No, I would not recommend this company to a friend

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    Not so great if you're not an accountant

    (Former Employee)

    ProsThe time off is pretty great, especially at management level. Good benefits.

    ConsIf you are not on the track to make partner then it's a pretty miserable experience. There is a very old-school way of thinking at firms like these. Working on the operations side me and my team were treated more like we were in the service industry rather than valued equal employees.

    The operations team is typically very small yet supports the entire office or in some cases, supports other offices as well. The expectation is that because a team on the audit side is working late that everyone on the operations side should stay late to support them. This might make sense if it occurred only a couple times a year but when supporting an entire office, the need to stay late was pretty much every single night and weekend. They would always say, "well we are staying late, why can't you?" but that was asked daily by multiple teams. There simply were not enough people to give 24-hour support, not to mention there was 0% chance of making partner or even getting any sort of acknowledgement from a 'win.'

    Advice to Senior ManagementFollow your company motto and treat everyone with respect. Create reasonable boundaries and expectations for turnaround time. If you are going to off-shore work, make sure that your auditing and marketing teams can do it themselves -- filtering this work through an operations team at 6pm and expecting it to be turned around by 8am next day is not realistic.

    No, I would not recommend this company to a friend

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    The Company in Atlanta feels like a cold corporation in so many ways.

    Audit Associate (Former Employee)
    Atlanta, GA

    ProsIt is a resume builder and you gain good technical skills.

    ConsBasically everything else. You are a number to them. Some people are great to work with, but others don't give a crap if you fail or succeed.

    Advice to Senior ManagementIf you expect your employees to be surrounded by one another 24/7, figure out a way to get everyone together outside of the office more often.

    No, I would not recommend this company to a friend

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