Pros

This firm gives you opportunities to work with some of the world's biggest firms. You get to work on different project teams, so you meet more colleagues and see different clients. They will pay for CPA study materials, and they have a good benefits package. If you perform above-average, there are good opportunities to work in an office abroad or switch to a different function (like M&A transaction services). Note that these opportunities are for people with five years of experience or more (3rd year senior or manager).

Cons

People with the same number of years of experience who work at smaller CPA firms will learn faster than you - there's a trade-off between working for the biggest clients and gaining substantive work experience. Since people generally work with different teams, they are bound to get matched with an incompetent supervisor at one point or another (but on the other hand, at least the situation isn't permanent). Working in audit may make you less marketable if you decide to pursue a banking and finance career later on because you will only be considered for accounting positions in banks and financial firms.

Advice to Senior Management

None.

Pros

opportunities to grow professionally
good place for learning how to be part of a team
fast career track (comparing with non-professional services firms)

Cons

extremely exhausting working time
occasionally overwhelming pressure
Salary increases in this times (due to the crisis)
inflexible holidays (though long)

Advice to Senior Management

Take into account the number of hours people work for partners to get richer. Please put your efforts in making those people's life a bit better.

Pros

There are lots of training opportunities

Cons

Zero control over one's schedule as a staff or senior
Unbelievable hours during busy season
Expectations to use incompetent staff in india

Advice to Senior Management

Pay for performance, work life balance is an absolute joke.

Pros

work life balance is great coz there isn't much to do.
they throw a lot of parties but that is at the expense of your annual bonus
people at your level tend to be like minded so it's fun

Cons

no communication from management aobut ratings and why they have given you each rating
the compensation review process is very secretive and too long

Advice to Senior Management

get your act together coz i know that from a team of 20 of us 10 have resigned because they are dissatisfied with the job.

Pros

Flexible schedule, smart people who like to work hard / play hard.

Cons

schedule is flexible, but you better allocate 14 hours of your day to your work...

Advice to Senior Management

Better start paying us....recession is easing and jobs are opening up. We wont take the abuse without being compensated.

Pros

- The amazing group of individuals you have the privilage of working with
 - Access to senior executives and a range of clients/industries you wouldn't otherwise have an opportunity to work with.
 - Transitioning into the workforce with a comparative peer group (i.e., younger, more relatable than the integrated mix typically found in industry)
 - Ability to 'find what you like to do' - variety of opportunities is key

Cons

- No work life balance; workload only increases as you move forward in your career
 - Inconsistent application of performance metrics, promotion consideration
 - Compensation starts out competitive, but doesnt maintain competitiveness as you progress.

Advice to Senior Management

- Focus more on your resources, ensuring that junior staff are getting the skills necessary to assist the management team and that there is greater harmony between the resource mix and the solutions provided to clients.

Pros

- the chance to work with a younger group of intelligent people at a similar career stage
- brand name recognition
- challenging and diverse work (at times)

Cons

- poor compensation
- poor work-life balance
- too much politics
- questionable promotion techniques
- lack of communication from upper management

Advice to Senior Management

- improve compensation
- make performance management and promotions more equitable rather than primarily "politics" based
- make performance management a more objective process

Pros

Lots of days of – over 5 weeks.
Depending on your field, might be a good place to launch your career.

Cons

If you are NOT an auditor or a tax professional:
- be prepared to constantly feel like no one cares about you.
- all the training you will be send to will make no sense.
- if you are in the field where compensation is greater than for auditor/accountant, you will be disappointed.
- you will notice that there are very few people older than 30 in deloitte – there is a good reason for it. D doesn’t pay well and there are LOTS of restrictions of what you can do with the money you earn;

Advice to Senior Management

Need to recognize that people who are not auditors/accountants will feel left out and will seek employment elsewhere.

Pros

Good stepping stone to gain big company experience and in IT to be exposed to large scale implementations. PTO is nice and salary is competitive.

Cons

There is a lot of old boys club going on and decisions being made behind closed doors. Poor management communication and questionable senior leadership steering of the ship.

Advice to Senior Management

Your employees are your most valuable assets. Learn to promote work/life balance. Talented personnel should be recognized and not treated as an expendable asset, easily replaced. Employee retention is clearly not a dashboard metric for senior leadership.

Pros

The people in audit are great and people usually get along.
PTO days are plentiful from the start.
You are given a lot of responsibility and expected to learn and develop.
Technical training is very important and there are many trainings to help support you.

Cons

Promotion and ratings time come down to who you know and whether or not you are on a high visibility client. It is not always a fair process

Advice to Senior Management

Recognize the people (in actions, not just words)