EY

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  www.ey.com

EY Reviews in New York, NY

Updated November 11, 2014
Updated November 11, 2014
4,803 Reviews
3.7
4,803 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
EY Global Chairman and CEO Mark Weinberger
Mark Weinberger
832 Ratings

Review Highlights

Pros
  • Policies on flexible-working supports the principle of a work-life balance (in 239 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 680 reviews)

  • Same cons as working at any consulting firm -- you will be work long hours (in 718 reviews)

More Highlights

479 Employee Reviews Back to all reviews

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  1. 14 people found this helpful  

    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 ManagementAdvice

    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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Director in New York, NY
    Current Employee - Associate Director in New York, NY

    I have been working at EY full-time (more than 10 years)

    Pros

    Flexibility, leadership, work life balance
    tons of opportunities
    well diverse culture

    Cons

    to many internal groups and seems lost if u are not familiar with them

    Advice to ManagementAdvice

    consolidate groups and keep the work in US while cutting cost. Out sourcing is not the best solution

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great Learning Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources and Talent in New York, NY
    Former Employee - Human Resources and Talent in New York, NY

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

    Pros

    Plenty of smart people, top notch technology, excellent training and development opportunities. There is a good "family" culture in certain business units and practices. Much of the senior leadership has been around for a while and can be excellent mentors.

    Cons

    Travel can be intense at times, hours can be significant and expectations can be overwhelming for some if not up for the challenge...

    Advice to ManagementAdvice

    Keep the focus on retaining and developing young talent!

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Great Experience

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

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

    Pros

    Work life balance, culture, people, leadership, company values

    Cons

    compensation, personal growth, timeoff policies

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Tax Staff in New York, NY
    Current Employee - Tax Staff in New York, NY

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

    Pros

    Amazing staff and great opportunity all around

    Cons

    Bad title staff makes no sense and is very misleading

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Overall positive experience

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

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

    Pros

    Great place to work and learn.

    Cons

    Poor bonuses and compares poorly with banks.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Highly professional, challenging, outstanding people, great place to develop skills in your area of interest

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

    I have been working at EY full-time (more than 10 years)

    Pros

    Integrity, versatility, flexibility. Human cap is a highly valued asset. Numerous career paths available.

    Cons

    Extremely fast paced. Strategy for the next 10 years mandates a tremendous degree of change and heavy globalization, so major challenge for leaders is to identify and address teams reaching a "change saturation" point and resulting human cap loss

    Advice to ManagementAdvice

    Strategy for the next 10 years mandates a tremendous degree of change and heavy globalization, so major challenge for leaders is to identify and address teams reaching a "change saturation" point and resulting human cap loss

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Senior-Audit

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

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

    Pros

    Good Culture and good people to work with

    Cons

    Employees do not care about the details of their work only the budget.

    Advice to ManagementAdvice

    Time=quality, reputation isnt built on meeting the budget and short cutting peoples career advancement.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Good place to learn

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

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

    Pros

    Collaborative environment. Diverse Experience.

    Cons

    Long hours. No work life balance

  11.  

    Senior EA

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Executive Assistant in New York, NY
    Current Employee - Senior Executive Assistant in New York, NY

    I have been working at EY full-time (more than 10 years)

    Pros

    Flexibility, training, ability to work on various projects based on interests. Reimbursement for college classes as appropriate to your role. Work life balance (more for some than others)

    Cons

    lowered salary cap, micromanagement of some admin managers, frustration of not being to advance in current role. Hiring cheap trick employees who want the salary but not the work.

    Advice to ManagementAdvice

    Don't micromanage, champion the people you manage and not suck up to Partners instead.

    Recommends
    Neutral Outlook
    Approves of CEO

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