EY

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  www.ey.com

EY Reviews in Melbourne, Australia

Updated November 21, 2014
Updated November 21, 2014
4,827 Reviews
3.7
4,827 Reviews
Rating Trends

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EY Global Chairman and CEO Mark Weinberger
Mark Weinberger
846 Ratings

Review Highlights

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

  • it's a good place to start your career (max 3 yrs) or good if you have a family (in 106 reviews)


Cons
  • very poor work life balance; not enough staff to meet client needs; quite political (in 701 reviews)

  • Same cons as working at any consulting firm -- you will be work long hours (in 734 reviews)

More Highlights

22 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    The better consulting company

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

    I have been working at EY full-time (less than an year)

    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 ManagementAdvice

    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

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Reasonably positive

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

    I have been working at EY full-time (less than an 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

  3.  

    Great opportunity for variety of workd

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    Pros

    Flexibility to work witching your personal life

    Cons

    Potential hrs depending on client requirements

    Advice to ManagementAdvice

    People management training would be great

    No opinion of CEO
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  5. 1 person found this helpful  

    Melbourne Performance Improvement - Good potential but currently missing the mark

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    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 ManagementAdvice

    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.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Not a terrific experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 an year)

    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 ManagementAdvice

    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.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Great experience...but not for me long term

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

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

    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 ManagementAdvice

    (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

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    EY Advisory - an inspiring place to be

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

    I have been working at EY full-time (less than an year)

    Pros

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

    Cons

    Travel sometimes required, long hours possible

    Advice to ManagementAdvice

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

    Approves of CEO
  9.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    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)

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Satisfied

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    Pros

    People culture, work environment, friendly colleagues, respect,

    Cons

    Partner driven trends, subgroups within the firm

    Advice to ManagementAdvice

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

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    Fantastic Culture

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

    I have been working at EY full-time (more than an year)

    Pros

    Great people, good social culture, flexible working hours

    Cons

    Hard to reach utilisation targets

    Advice to ManagementAdvice

    Try and retain high performing staff

    Recommends
    Positive Outlook
    Approves of CEO

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