EY Reviews

Updated September 2, 2015
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3.7
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EY Global Chairman and CEO Mark Weinberger
Mark Weinberger
163 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

622 Employee Reviews

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  1. Helpful (128)

    Overall positive experience in Advisory Services (Consulting)

    Former Employee - Manager - Advisory Services in New York, NY
    Former Employee - Manager - Advisory Services in New York, NY

    I worked at EY full-time (More than 3 years)

    Pros

    -Good expense policy (appropriate allowances for breakfast/dinner and you can keep all rewards points for airfare, lodging, rental cars, etc). -Culture is very people oriented. Flexibility and employee work/life balance is stressed greatly by management. EY stresses the importance of taking care of one another. Great maternity / parental leave policies and very flexible work arrangements are available when you need it. I often worked remote from my wife's apartment when we were long distance. -Work life balance is awesome (don't believe the rumors, if you're a smart person and you produce good work, EY will reward you with a generous work life balance). -Vacation policy! 21 days for managers plus 3 personal days and unlimited sick days. -Most teams will work from home on Fridays when traveling -EY has a program where you can decide not to accept a blackberry and instead have EY pay your personal cell bill (up to $150 / month for managers). -Events thrown by EY are larger than life (especially the events when you're promoted to Manager, Sr Manager, or Partner). They are truly amazing experiences. -Opportunity to see many different companies across a broad range of industries -Lots of professional development opportunities -High potential for advancement. You do not have to wait for a spot to "open up" to get promoted. -HR is wonderful -EY really tries to take care of employees at an individual level. If you're unhappy, you can actually talk to HR and they'll work with you to find a part of the company where you fit.

    Cons

    -In Advisory Services, travel can be up to 90% (but if you like to travel then this is a "pro") -Often our clients are in pretty remote places that take a long time to get to (ie: Peoria, IL or Wausau, WI) which makes travel exhausting and difficult. -Consulting in general is very sales-like. As you move up, be prepared to act more like a salsman than subject matter expert. -EY pays slightly lower than other similar firms -Annual bonus' are very low (10% is the max allowable bonus for a manager, no matter how well you perform). Bonus' for average rated employees are about 2-4%. -Lack of leadership training leads to senior leaders who are knowledgable but lack leadership skills -Projects entirely depend on the Partner and Sr Manager's interpretations of policy. Some are extremely strict with expenses and time-on-site, while others are more lax. You could perform the exact same project with different teams and have completely different experiences. -You rarely work on your expertise. Advisory services tend to place bodies on projects, sometimes disregarding the individuals skill set in favor of quickly staffing an engagement. -Although you are asked to choose a secor alignment (technology, consumer products, etc), you rarey work in your sector, instead servicing whatever industry of whatever project needs staffing next. -Lots of administrative tasks on a regluar basis interfer with clien-work (review process, for example, is very long). -Work is often repetative and boring. Because they seem to assign resources at random, you may be working on a project which you have absolutely no experience for. You'll then spend your time reading things online and desperately trying to get a clue enough so you can make wahtever deliverables your team has agreed to. Lots of PowerPoint and Excel...LOTS! Research the consulting industry! Many of the Pro's and Con's of consulting apply here. It's not a 9-5 type of job so know what you're getting into before you join and you'll likely be pleased with EY.

    Advice to Management

    I know the staffing system is currently being worked on, but any improvement in matching relevant experience and interests with client work would greatly improve morale and help employee retention. Nobody wants to be assigned to an engagement with virtually no useful experience. This creates months of feeling inadequate, frustrated, and eventually, apathetic. Employee apathy is the ultimate business killer. Also, 90% travel is very tough after a few years. All consulting firms struggle with this, but anything management can do, policy wise, to lessen the burden would help set EY's consulting apart from a potential employee point of view.


  2. Great Place to Work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Consultant in New York, NY
    Current Employee - Senior Consultant in New York, NY
    Recommends
    Positive Outlook

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

    Pros

    Flexible work arrangements, great culture of inclusiveness. An expanding firm that has been aggressively hiring to meet aggressive revenue goals (that it's been meeting). If you want a challenge and want to meet that challenge while working with a bunch of smart, driven, and friendly people, this is the place.

    Cons

    The career track isn't always clear. The "your career is what you make of it" mantra is equally a pro and a con, depending on your personality type. If you don't like unpredictability in your work schedule and types of projects, you shouldn't be looking at EY or any consulting firm in the first place.

    Advice to Management

    Keep making the EY cultural value push the way you've been doing. It's clear that management's commitment to its core values is real and not just lip service. That is all too rare.


  3. Show me the money

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Senior in New York, NY
    Current Employee - Senior in New York, NY
    Recommends
    Positive Outlook

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

    Pros

    99% of coworkers are a pleasure to work with.

    Cons

    Your experience will completely depend on what team/engagement you're on. The rating system isn't really motivational.


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  5. Tax Manager

    Current Employee - Tax Manager in New York, NY
    Current Employee - Tax Manager in New York, NY

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

    Pros

    Great Experience, great people.

    Cons

    long hours, little work/life balance


  6. Assistant Director

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends

    Pros

    Great organization and people. Encourage professional growth.

    Cons

    I don't have any cons to share.


  7. Working at EY

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - FSO Risk Advisor in New York, NY
    Current Employee - FSO Risk Advisor in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    You are always working on a team with others, and get to work with various clients throughout each year. Business casual dress code.

    Cons

    Sometimes the work can get repetitive. If you don't like your team, the work day will be much slower. Most of the time you are traveling to client site, which can be far from home office.


  8. Senior Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in New York, NY
    Current Employee - Senior Manager in New York, NY
    Recommends
    Positive Outlook

    I have been working at EY full-time (More than 8 years)

    Pros

    Great values, employee-driven, flexible, focus on people and business.

    Cons

    Can be stressful, involve long hours.


  9. Advisory Services Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Advisory Manager in New York, NY
    Current Employee - Advisory Manager in New York, NY
    Recommends
    Positive Outlook

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

    Pros

    Very flexible when comes to working from home (if not engaged on an onsite project)

    Cons

    Bonus and compensation are lower than what they are. If you start lower, you will never make big money since they have to follow very stubborn guidelines for increases (ie you can only get a certain percent increase).

    Advice to Management

    Loosen up the compensation controls or at least allow for special cases


  10. Good people but its still a bbusiness

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Tax Manager in New York, NY
    Current Employee - Tax Manager in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Compared too many consulting firms EY is not as cutthroat as most. People genuinely like working at EY and leadership makes an effort to build an inclusive and supportive culture.

    Cons

    At the end of the day it is really still about the making money first and foremost. Training is not very, very limited and they primarily expect you to learn on the job.

    Advice to Management

    Double the investment on training. EYsells knowledge but invests less that everyone else in the industry and less than most businesses. I have been at EY for three years and client work trumped all three training weeks so I have had zero training other than mandatory useless internal seminars and webinars. Nothing to build my actual skill set.


  11. Senior Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in New York, NY
    Current Employee - Senior Manager in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great flexibility, relatively competitive pay, good benefits including health care and pension

    Cons

    long hours, lack of loyalty to employees



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