McGladrey LLP

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McGladrey LLP Reviews in New York City, NY

Updated Jun 20, 2014
All Employees Current Employees Only

3.2 29 reviews

100% Approve of the CEO

McGladrey LLP Managing Partner & CEO Joe Adams

Joe Adams

(7 ratings)

63% of employees recommend this company to a friend

Review Highlights

Pros
  • The work-life balance is significantly better than what you will get at a Big 4 firm(in 44 reviews)

  • While it isn't the Big 4, they pay you a decent amount in salary(in 28 reviews)


Cons
  • Work/life balance is a struggle for most of the year(in 34 reviews)

  • I was sent out of town for 4 weeks in a row during busy season(in 32 reviews)

11 Employee Reviews Back to all reviews
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    • Culture & Values
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    2 people found this helpful  

    they could be so much better

    Senior Manager (Former Employee) New York, NY

    ProsDepending on level, if you have proven you're good there is a certain amount of autonomy. The company has good learning tools and the technical aspects of national announcements are quite good and enable one to have a working knowledge of new pronouncements easily. From a technical standpoint they try to get things right.

    ConsDepending on the partner and your level there may be a certain amount of work done without a clear reason or end goal. There is constant pressure to stay within unrealistic budgets driven by low fees demanded by clients to stay with McGladrey. There is pressure to be a rainmaker. Once management has decided you will not go further they lose touch because you're only machinery & eqpt. to them

    Advice to Senior ManagementGet new management - especially in NY

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    Good

    Audit Manager (Current Employee) New York, NY

    ProsNice place to gain knowledge if you are a hard worker.

    ConsGrowth can become challenging when you move up the ladder.

    Advice to Senior ManagementBe clear in terms of expectations with high performers. Otherwise chances may be to lose good employees. Reward them who deserves the best.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    Great company...poor money

    Manager (Current Employee) New York, NY

    ProsGood corporate culture, very relaxed on time availability and working remotely

    ConsAlways restructuring, 1% promotions or raises, skills of support staff/departments are under utilized

    Advice to Senior ManagementProvide incentives to ALL of your employees to get the best result

    Yes, I would recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
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    Good entry level job

    Senior Associate (Current Employee) New York, NY

    ProsGreat work/life balance, good work environment, excellent leadership

    ConsPoor training of employees, extremely poor job of retaining good staff

    Advice to Senior ManagementInvest in the staff you rely on

    Yes, I would recommend this company to a friend

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    1 person found this helpful  

    Mcgladrey is a relatively a new practice growing with no formal organization and methodology.

    Senior Consultant (Current Employee) New York, NY

    ProsPeople are friendly. Place to be creative, since there is no standarization. Flexibibility in scheduling.

    ConsHardwork is taken advantage of...and not recognized.

    Advice to Senior ManagementSetting expectations and when meeting them, reward us to show recognition.

    No, I would not recommend this company to a friend

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    Decent place to start a career but lacks development

    Consulting Supervisor (Current Employee) New York, NY

    ProsThere are a lot of good people in this organization.

    ConsWhile management has a sense of where they would like to be there is a large amount of disorganization wich hinders progress.

    Advice to Senior ManagementFocus on people development and career paths.

    No, I would not recommend this company to a friend

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    Senior Auditor

    Senior Auditor (Former Employee) New York, NY

    ProsAt the NY office I had nice co-workers and supervisors.

    ConsPublic Accounting everywhere means long hours, ever changing nitty girtty auditing rules and not much fun.

    Advice to Senior ManagementPut into actual practice all the nice things the HR department says about employee work/life balance and professional development.

    Yes, I would recommend this company to a friend

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    Ok

    Anonymous Employee (Current Employee) New York, NY

    ProsMcGladrey is like a normal CPA firm. Different variety of basic and complex work to gain lots of experience. CPA Reimbursement.

    ConsDefinitely no work like balance. Work is not evenly distributed. Some people get more work than other. Compensation still not up to level with competitors.

    Advice to Senior ManagementManagement needs to make an effective way to "really" take care of their people and award them in the right way for all the hard work.

    Yes, I would recommend this company to a friend

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    It has its Ups and Downs

    Manager (Former Employee) New York, NY

    Prosyou can meet a lot of good people; it's a friendly environment overall. The benefits are not too bad as compared to other companies. Also, depending on which line of business you work for--you may have the option of working from home.

    ConsGenerally, hard and smart workers are not rewarded accordingly and at times do not get recognized at all. The bonuses are extremely cheap; and the raises don't count for much either...you're basically adding a couple of dollars to your paycheck...literally.

    There is so much work to get done and you are often grinding from the time your day starts until you go home-- which you may not be leaving at a decent time. When you get home, you will find yourself responding to emails because people contact you afterwork hours with requests, projects they'd like you to work, questions they want answers to, etc... There are not enough workers yet A LOT of work to be done. McGladrey has ongoing layoffs which means that the workload with triple up for you since you're already doing double duty. And they've made no plans for replacements -- that's why it's done through layoffs and not straight firing.

    Employee morale is low, the Leaders want you to work harder so they can make more money-- & don't hold your breath for your raise or bonus. Don't get me wrong, you WILL get it however, you will be shocked by the amount. The smaller regional CPA firms pay better-- Big 4 without a doubt pays better. The upside to staying there is that you will meet a lot of nice people (meaning staff) who are in the same boat as you and with similar observations/complaints.

    The firm is constantly restructuring--you never know which direction the firm is heading. Employee turnover is extremely high (10-20 resignations per week!!!!) because people are so unhappy. A lot of good people have left the firm not even for career transition but have mainly gone to competitors and private industry doing the same line of work.

    Advice to Senior ManagementShow your employees that you appreciate them by compensating fairly. Yes money does matter--after all, isn't upper management getting paid well??? I'm sure you would share the same sentiments if you were not getting the pay you deserve. Also, management needs to staff appropriately and assume client work accordingly. You can't get laying off people and acquiring more work and expect the remaining staff to be productive and/or produce quality work while being overloaded. Management needs to be more organized as well--there are too many restructures going on--every year (sometimes 2x a year). Make up your minds regarding which direction the company is going and be sure that it's profitable for your business, your reputation in the market and your employees. That would put an end to the ongoing turnover.

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    Good place to start or end your career

    Audit Senior (Current Employee) New York, NY

    ProsGood people who are family-oriented and believe in work/life balace [other than busy season, which is justified]. Serves middle-market clients, which can be good or bad. I enjoyed the learning curve when I started my employment with M&P, however, now that I've been here 4 years, the client-base, or lack-thereof, is a bit boring. I would like to work on bigger clients, perhaps SEC, however, M&P does not serve this market... which I can't blame them for. I would consider moving here as a Partner as I would most likely have a family by then and would enjoy the work/life balance M&P has to offer.

    ConsNot rewarded for exceeding above peers via pay and title. I've received 'exceeding' marks every year, however, I don't feel that I've been promoted and compensated accordingly. Also, M&P seems to be in a growing phase, so they might not have the cash to pay more quality work. Furthermore, I think the talent here is being diluted. The rounds of employees we get each year seem to be deteriorating. I truly believe they want quantity and not quality, which they feel will come as they grow. I'm not saying this approach won't work, but to work with some less talented people is frustrating to say the least, especially at my level.

    Advice to Senior ManagementShould reward people who are driven and want to succeed. Bring in business that will make money instead of increasing the 'top line.' I believe in growing through the 'black ink' approach where we only take on clients that show net income.

    Yes, I would recommend this company to a friend

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