EY Reviews

Updated April 19, 2015
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3.6
533 Reviews
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EY Global Chairman and CEO Mark Weinberger
Mark Weinberger
129 Ratings

533 Employee Reviews

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  1. Helpful (90)

    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. Senior Manager/Partner elect

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

    I worked at EY full-time

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

    Pros

    super bright people, great assignments, excellent learning experience, they do it the right way

    Cons

    hours and travel can be excessive

    Advice to Management

    none

  3. Great place to start a career, but very little work life balance as your career progresses

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

    I worked at EY full-time (more than 8 years)

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

    Pros

    You are given a lot of responsibility quickly
    High caliber people
    Easy to leave for a very good job after a couple of years

    Cons

    Heavy work load during Q1 with no work/ life balance
    Compensation lags other industries the longer you stay

    Advice to Management

    Top management should do more to offer good career opportunities to people who would like to stay with the firm.

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  5. Associate Director

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

    I have been working at EY full-time

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

    Pros

    EY, though not among the top Big 4 firms, has a strong, quality-focused client-serving culture. The firm also focuses on developing its people, particularly women and minorities.

    Cons

    Challenging transition into the firm for experienced hires -- the EY culture is conservative and slow moving, particularly for those in Core Business Services (CBS) and anyone in a support role.

  6. Great company and culture

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

    I have been working at EY

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

    Pros

    Great environment and ample opportunities to do more than just regular work.

    Cons

    Long hours and sometime tough clients to deal with

    Advice to Management

    Increase compensation and make effort to increase work life balance

  7. Awesome colleagues to work with, flexible work environment

    • 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 3 years)

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

    Pros

    Great leadership, diverse opportunities, flexible work environment

    Cons

    Travel, long hours on certain projects

  8. Helpful (2)

    Mixed Bag

    • 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 5 years)

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

    Pros

    Great opportunity and visible projects
    Respected at client side
    Good platform for new joiners
    Few good leader
    Breadth of domains

    Cons

    Poor support for experienced hires
    Very high iteration of employee leaving firm
    Bad work to salary balance
    Huge growing pains - No respect for personal time and individual career
    Travel = soft relocation
    Long work hours
    Horrible project alignment for employee career
    Selfish business group with low ability to move horizontally

    Advice to Management

    Respect personal time
    Care for your work force
    Pay better wages
    STOP claiming FORTUNE and other agency ratings claiming work-life balance
    Credit the deserved individuals working on projects on the ground

  9. insurance audit

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

    I worked at EY

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

    Pros

    flexibility, knowledge earned a lot

    Cons

    lack of decision making ....

  10. Helpful (1)

    Hard to knock working at EY

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

    I have been working at EY

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

    Pros

    Benefits. mobility, atmosphere. A generally nice place to work with good and talented people. Potential for lateral and upward mobility

    Cons

    Salaries are not on par with other big four firms. They preach work-life balance but don't always practice. The direction hasn't trickled down from the CEO to the managers.

    Advice to Management

    Managers should listen to what the CEO and other leadership are saying about balancing your life and career. I don' think they are listening.

  11. Great people, tough hours and luck.

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

    I worked at EY

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

    Pros

    Includes gaining exposure to the industry as well as an opportunity to learn from some great people. Great training program and tools. Culture is good and people are easy to get along with.

    Cons

    Work-life balance is virtually non-existent during busy season but that's to be expected during tax season. Technology is a bit outdated and needs updating. The amount that you learn unfortunately rests with whatever client you get assigned to. Turnover is high.

    Advice to Management

    Work on getting the technology more up to date.

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