EY Reviews

Updated May 30, 2015
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3.6
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EY Global Chairman and CEO Mark Weinberger
Mark Weinberger
7 Ratings

Pros
  • Policies on flexible-working supports the principle of a work-life balance (in 243 reviews)

  • Best Place to Start a Career in Accounting (in 106 reviews)

Cons
  • Work/life balance (non-existent) (in 701 reviews)

  • Work/life balance isn't that great as you must work long hours to compensate for the lack of staff during the busy season (in 734 reviews)

More Pros and Cons

22 Employee Reviews

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  1. Advisory, Senior Manager, IT Risk & Assurance

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Advisory Senior Manager in Melbourne (Australia)
    Former Employee - Advisory Senior Manager in Melbourne (Australia)

    I worked at EY full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    - Great, international networking - Opportunities to travel to countries in the region (Japan, Singapore, Hong Kong) for leadership meetings, teaming events, or short-term secondments - Partners can offer adjunct, specialised roles that attract additional, positive optics leading to increased responsibility such as practice management & development, mentoring people, business management, creating bridges between several EY countries and member firms. - Senior manager role is well respected within the firm - People leaving the organisation often leap-frog into higher roles with remuneration multiplying, in part due to the successful training and culture of EY, i.e. Perception of ex-EY people can be better than the other Big 4 - Significant technology/platform upgrades in recent years position the organisation for better collaboration and sharing of knowledge

    Cons

    - Customers sometimes steers to less appropriate products and services - Favouritism can arise in client engagement teams in selecting those that do not challenge the status who, excluding other people with more experience - At the senior manager level, counsellors are 1-2 grade higher and thus can be frequently unavailable or so busy they neglect promises to promote a senior manager's abilities - A senior manager driving driving a client opportunity pursuit may face it taken over by a Senior Manager Grade 4 (director) once the dollar value rises; misplaced credit for "the win" - People given specialist roles can later get "thrown under the bus" at mid- and year-end performance reviews, i.e. Time spent successfully delivering on practice and people management is discarded at year end performance reviews, in favour of meeting high revenue and utilisation targets - People can suddently "disappear" due to attribution and/or those in senior roles (senior manager through partner) can be "performance managed" out of the organisation using so-called discretionary employment agreements to skirt labour laws; changing a person's client assignments to less consequential accounts from which revenue targets are near impossible to achieve, or freezing wages

    Advice to Management

    - Avoid assigning specialised, practice management roles to people unless there is widespread agreement among other partners - Try not to through people under the bus, not only because they leave, can become high-ranking clients with a chip on the shoulder against the organisation, i.e. Cost savings on a person's remuneration actually costs you millions in lost future revenue - Live the EY values posted on the walls of the hallways - Invest some of the revenue sharing funds back into the organisation and the people, in order provide appropriate services to client, reduce the pressure on staff and, in turn, motivate people to bring in higher revenue and profit


  2. Helpful (2)

    The better consulting company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Melbourne (Australia)
    Current Employee - Senior Manager in Melbourne (Australia)

    I have been working at EY full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    growth plans supported by budget and realistic expectations of hours good treatment of employees, starting point to try to make things work for you generally speaking displaying the attitudes and atmoshphere as promised in the brochure instead of the usual consulting approach where good things are told to you and then you work 12hrs for the pay of 8.

    Cons

    usual consulting, but they try to minimize the inconvenience for the employees lack of or quality of global tooling to share knowledge and previous engagement materials

    Advice to Management

    place more effort and focus behind the initiative to drive regional and global approach to project delivery and business development. strategic direction clear, but lack tooling and pragmatics stuff to gain from country experience and materials


  3. Helpful (1)

    Reasonably positive

    Current Employee - Graduate in Melbourne (Australia)
    Current Employee - Graduate in Melbourne (Australia)

    I have been working at EY full-time (Less than a year)

    Pros

    Very good environment to learn in and develop new skills. People willing to listen and provide advice to support you as a new member of the team

    Cons

    No overtime recognition. Expectation is that you work longer than expected. Expectations can be slightly too high given graduates have very limited experience in providing advice to clients


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  5. Helpful (2)

    Great opportunity for variety of workd

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Advisory Senior Manager in Melbourne (Australia)
    Current Employee - Advisory Senior Manager in Melbourne (Australia)

    I have been working at EY full-time (More than 5 years)

    No opinion of CEO
    No opinion of CEO

    Pros

    Flexibility to work witching your personal life

    Cons

    Potential hrs depending on client requirements

    Advice to Management

    People management training would be great


  6. Helpful (1)

    Melbourne Performance Improvement - Good potential but currently missing the mark

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Consultant - Performance Improvement in Melbourne (Australia)
    Current Employee - Senior Consultant - Performance Improvement in Melbourne (Australia)

    I have been working at EY full-time (More than 3 years)

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

    Pros

    Working with ambitious and like minded people Great brand name Great exit opportunities Exposure to C-suite executives

    Cons

    Recruitment oversells the role Lack of formal and consistent training Elitist culture at times Staff bookings are made on relationships instead of merit and ability Many sub groups and 'Cliques' Work load is inconsistent - some months you work around the clock, and other times you are benched for a couple of months at a time. Weak pipeline Too many graduates, consultants and senior consultants. Not enough work to consistently keep everyone busy. At times new starters and consultants are left to their own devices on the bench without much direction and guidance from senior leaders.

    Advice to Management

    Need to hire staff in line with current project pipeline as opposed to ambitious growth targets. Have a plan to keep everyone busy. If there aren't enough billable opportunities then staff should be placed on projects on a 'shadowing' basis to develop new skills and increase personal brand equity within the firm.


  7. Helpful (5)

    Not a terrific experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Advisory Senior Manager in Melbourne (Australia)
    Current Employee - Advisory Senior Manager in Melbourne (Australia)

    I have been working at EY full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Fantastic investment in staff development and training opportunities, both internal and external. Great salary packaging and pay. No complaints there. Easy environment if you start there as a grad and work your way up. Good branding on the CV when you leave.

    Cons

    Do not expect to advance and maintain work-life balance. Especially if you have a family with children. Extremely difficult to get ahead as a lateral hire.As a lateral hire your experience you bring to the role is extremely undervalued. Organisation is extremely feudal and rife with nepotism. You will not advance if you do not brown nose the right people above your rank. Your targets/metrics are not based on facts but rather what people think of them and what they think of you.

    Advice to Management

    None of these suggestions will be undertaken but I would suggest: - eliminate round table process to make advancements purely fact based; - do not advance/promote people who display abhorrent behaviours that would never fly in industry.


  8. Helpful (1)

    Great experience...but not for me long term

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Consultant in Melbourne (Australia)
    Former Employee - Senior Consultant in Melbourne (Australia)

    I worked at EY full-time (More than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Great people; exposure to biggest companies; personal development opportunities

    Cons

    Pay is poor until you make it to manager; work hours and work/life balance not good; can involve travel - you really are at their whim

    Advice to Management

    (1) Better integration program for people coming to EY from previous consulting background outside of Big 4. (2) Find a way to minimise administrative burdens on consulting teams. I spent way too much time jumping through never ending administrative steps, when I could have been working on the project. Appreciate these steps are important for minimising risk and ensuring quality, but should be done by people with pure admin role...in my opinion


  9. EY Advisory - an inspiring place to be

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Melbourne (Australia)
    Current Employee - Consultant in Melbourne (Australia)

    I have been working at EY full-time (Less than a year)

    Approves of CEO
    Approves of CEO

    Pros

    I'm inspired by a collaborative team culture, fascinating projects and our growth strategy

    Cons

    Travel sometimes required, long hours possible

    Advice to Management

    It's great to see that our leaders are keen to get to know their people and continue to improve on the EY experience


  10. Great place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Consultant II Advisory Services in Melbourne (Australia)
    Former Employee - Senior Consultant II Advisory Services in Melbourne (Australia)

    I worked at EY full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Smart people High profile clients Large engagements Structured paths for career progression and development

    Cons

    Timesheets Difficult to transition into other service lines, offices, countries (unless there is a desperate need)


  11. Satisfied

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Advisory Manager in Melbourne (Australia)
    Current Employee - Advisory Manager in Melbourne (Australia)

    I have been working at EY full-time (More than 3 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    People culture, work environment, friendly colleagues, respect,

    Cons

    Partner driven trends, subgroups within the firm

    Advice to Management

    More collaboration across groups and geographies is needed. Annual performance management needs to be improved



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