CohnReznick

  www.cohnreznick.com
  www.cohnreznick.com

CohnReznick Reviews in Atlanta, GA

Updated July 14, 2014
Updated July 14, 2014
102 Reviews
3.1
102 Reviews
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CohnReznick CO CEO'S Kenneth Baggett & Thomas Marino
Kenneth Baggett & Thomas Marino
23 Ratings

Review Highlights

Pros
  • Young and casual office during the busy season (in 14 reviews)

  • Just a notch below the Big Four with relatively good work-life balance (compared to the Big Four) (in 7 reviews)


Cons
  • Difficult to maintain a good work life balance (in 8 reviews)

  • There is no work-life balance even in off-busy season (in 14 reviews)

More Highlights

13 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Senior Associate - CohnReznick

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Associate in Atlanta, GA
    Current Employee - Senior Associate in Atlanta, GA

    I have been working at CohnReznick full-time (more than 8 years)

    Pros

    Great company that will keep growing.

    Cons

    work/life balance and compensation is merely adequate.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Fun office but limited exposure

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in Atlanta, GA
    Former Employee - Intern in Atlanta, GA

    I worked at CohnReznick as an intern (less than an year)

    Pros

    Young and casual office during the busy season.

    Cons

    Difficult to maintain a good work life balance.

    Advice to ManagementAdvice

    More beer carts when goals are met would be nice.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3.  

    Challenging but the pay was pretty good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Audit Manager in Atlanta, GA
    Former Employee - Audit Manager in Atlanta, GA

    I worked at CohnReznick full-time (more than 3 years)

    Pros

    Pay was commensurate with the work performed.
    Office attempted to arrange for various socials to promote togetherness
    Partners took time to meet with employees to help them with the career paths

    Cons

    High volume clientele with little time to complete them
    Time budgets do not reflect the time necessary to perform the tasks

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Nice people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Audit Intern in Atlanta, GA
    Former Employee - Audit Intern in Atlanta, GA

    I worked at CohnReznick as an intern (less than an year)

    Pros

    pay was good, 22 an hour for first 40 hours, then 33 per hour after 40. Make good money during busy season.

    Cons

    No real training program or objective performance evaluations.

    Advice to ManagementAdvice

    Better training and objective performance evals.

    Doesn't Recommend
    Neutral Outlook
  6. 2 people found this helpful  

    Too many hours, too little leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior IT Auditor in Atlanta, GA
    Former Employee - Senior IT Auditor in Atlanta, GA

    I worked at CohnReznick full-time (less than an year)

    Pros

    Salary above market. excellent benefits package

    Cons

    Total lack of work-life balance. Required 80+ hrs a week during busy. Busy season lasted 8 months. Leadership was considerably lacking the department I worked. If you had a question you were reprimanded for asking the question, then had to figure out the answer on your own, right or wrong.

    Advice to ManagementAdvice

    Understand that people may have families and would like to see them. Working 14+hrs a day 6 days a week does not allow this. Employees like to grow and feel appreciated instead of like a number.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7. 8 people found this helpful  

    Be prepared to get chewed up and spat out!

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

    I worked at CohnReznick full-time (more than 3 years)

    Pros

    Due to various mergers and acquisitions, in addition to organic growth into new markets, CohnReznick is experiencing an incredible period of expansion. If you are hard-working and ambitious, and make solid connections with the right people, you will find lots of opportunity here.

    Although bonuses can leave a bit to be desired, annual pay raises are usually generous.

    During busy season, the firm provides dinner four nights a week as well as breakfast and lunch on Saturdays. Management does a good job of making sure the food is not the same night after night and that there is a good variety of items to choose from. Vegetarians, vegans, and those with food allergies will have their preferences looked after.

    Cons

    Check your ideas about work/life balance at the door. They will not apply here.

    Partners and managers have a fixation on billable time that is almost pathological, and this concern seems to trump all others. They set very ambitious billable hour goals for their seniors and staff to meet, but then pressure them to eat time (and shift time between clients) so that their engagements don't go over budget. During my last busy season at Reznick, I received the following emails from four different people on the very same day. To paraphrase:

    -- Partner A: You were one hour short of your billable hour requirement last month. Why aren't you billing enough time?
    -- Manager B: "Why are you billing so much time to my clients? You're making me look bad!" (exact quote)
    -- Partner C: Why didn't you finalize your time sheet yesterday? Our firm policy yadda yadda yadda...
    -- Senior Manager D: (addressed to the whole department) We're requiring everyone to work this Saturday and Sunday and bill a minimum of 20 hours over the weekend.

    In short, you are forced to play this game of "bill as much time as you can, but don't bill too much to anyone." It's a game that very few seem to master. In addition, almost all non-billable time (other than PTO and CPE) is highly scrutinized and frowned upon.

    The overall message that all of this sends seniors and staff is that they are viewed as little more than cogs in a machine to help generate revenue for the partners of the firm. This message is reinforced at almost every turn.

    Morale is incredibly low and turnover seems very high, even compared with other CPA firms.

    During recruitment, management likes to loosely throw around the buzz phrase "we work hard, but we play hard." Really, that just means that they work hard. Any perk they consider "play" is largely forced and done at a minimum of expense, and it shows.

    Manager busy season bonuses are paid in November of the same year, but senior busy season bonuses are delayed until the subsequent busy season (i.e., your bonus for busy season 2012 won't be paid until March 2013). A clever retention tool, but it has the downside of further demoralizing the group of staff on whom the work demands are often the greatest.

    Office politics is rampant and flagrant. I witnessed serveral instances of managers throwing administrative and professional staff under the bus in order to save face. It's also painful to watch managers regularly schmooze the partners (listening intently to their long stories, forcing a laugh at their jokes whether or not they're funny, etc.) in a shameless effort to advance their careers and make partner themselves.

    A rude and insulting client will have free reign to treat associates however he/she chooses, especially if their engagements are relatively easy and the client has a history of paying their fees in a timely manner.

    Overall, firm management has little idea how to properly motivate their staff (and relies mostly on negative feedback and fear), nor do they seem to care. Also, it is clear that management prioritizes billings and firm revenue over all else, including the health and well-being of their staff. This firm's reputation in the Atlanta market for being a sweatshop is richly deserved.

    Advice to ManagementAdvice

    I know change is tough, but try to free yourself of the limiting mindset that productivity can only be measured in terms of billable hours and time budgets. There is more to it than what you can quantify. Quality of client service is also important. Other firms are making great strides here -- research what is working for them and don't be afraid to try something new.

    Taking your team out to lunch at El Azteca in mid-April, and spending $6 a head, is not a proper way to "say thank you for all of your hard work this busy season." My manager did this after my first busy season and it was, quite frankly, insulting.

    I realize that there are tax and cash flow incentives to delaying bonus payments until March 15 of the following year, but consider how this is received by your senior associates. And having one partner tell us each year that "this is a shame and I will push for this to change next year," only for change to never come, is further insult to injury.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    Not the place

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

    I worked at CohnReznick full-time (more than an year)

    Pros

    *Fringe Benefits are competitive
    *CPE resources are extensive
    *The work environment is accepting of all personalities (Atlanta office)
    *Good place for someone interested in the real estate industry

    Cons

    *It's like working in a factory. Housing Project auditing on their proprietary software system, Audit Pro, is monotonous and unrewarding.
    *I saw compliance test findings ignored
    *It's "check the box" auditing
    *Management does not value non-real estate professionals
    *Overall morale is very low, turnover seemed unusually high even for a CPA firm

    Advice to ManagementAdvice

    *Expand the non-real estate practice or cut it.
    *Be up front and honest with potential hires about the lack of opportunity outside of the real-estate side.
    *Be forthright about the industry-specific nature of the company as a whole.

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

    Complete joke

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

    I worked at CohnReznick full-time (more than 3 years)

    Pros

    -CPE credits
    -Good Salaries, PTO, benefits
    -Bonus for CPA exam

    Cons

    -Extremely political and lots of special treatment given to certain people.
    -Communication is really poor
    -Gossip is out of control and is sad since the firm is suppose to be a professional organization
    -People are willing to do anything to get ahead and will throw individuals under the bus every chance they get.
    -Lateral hires are basically not trained at all, but yet will quickly be labeled as bad performers
    -90% of the seniors/managers either unwilling or uncapable of teaching
    -Real estate is really the only major focus
    -Some managers/partners don't respect lower level people

    Advice to ManagementAdvice

    Take seminars on how to communicate and actually lead people. Quit giving so much special treatment to certain individuals.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    Don't waste your time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Associate in Atlanta, GA
    Current Employee - Senior Associate in Atlanta, GA

    I have been working at CohnReznick

    Pros

    Nimble, great technology, fun, good PTO(although you'll never get to use it)

    Cons

    Don't communicate effectively, brow beat, put down some to advance others

    Advice to ManagementAdvice

    Base your compensation on workload and what your people contribute, not who is your best friend or crush. Get professional and out of high school.

    Doesn't Recommend
    No opinion of CEO
  11.  

    Excellent place to move up if you are motivated

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Atlanta, GA
    Current Employee - Anonymous Employee in Atlanta, GA

    I have been working at CohnReznick

    Pros

    Friendly and open door approach

    Cons

    Tax season is long hours but that,s public accounting

    Advice to ManagementAdvice

    Continue to communicate in the open fashion you do now.

    Recommends
    Approves of CEO

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