EY

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EY Reviews

Updated March 5, 2015
Updated March 5, 2015
5,288 Reviews
3.7
5,288 Reviews
Rating Trends

Recommend to a friend
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EY Global Chairman and CEO Mark Weinberger
Mark Weinberger
1,026 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

Employee Reviews

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  1.  

    Several years of public accounting - Tax

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Boston, MA
    Current Employee - Manager in Boston, MA

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

    Pros

    The vast majority of those that I have worked with have been outstanding people, which is an EY focus area, and generally everyone supports flexibility and growth/development within the firm. The firm has done a good job of focusing on providing a diverse range of client assignments for employees. Also provide opportunities for affinity groups and other networking activities. Experience will likely vary by region/office but the larger offices serve such a wide variety of clients you can find work which is new and interesting.

    Cons

    Working busy season hours during non-busy season. Everyone getting into public should know what they are in for in terms of hours but to the extent that carries over post busy season, it can take a toll.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 66 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.

  3. 3 people found this helpful  

    Excellent company, mediocre talent, good culture, rare opportunities to compete with MBB

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Decent market rep, good exit opportunities
    Good culture, which stems from how their sales-force (partners) is (are) incentivized
    From the Parthenon acquisition, there are some opportunities to work at McKinsey/BCG/Bain level

    Cons

    Advisory is not mature yet (inefficient knowledge management, inefficient training, inefficient onboarding, inefficient best practice sharing) and is a junk drawer of ex-IBM, ex-Accenture, and ex-Capgemini resources trying to carve their territory

    Recommends
    Positive Outlook
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  5. 3 people found this helpful  

    Senior Manager

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

    I have been working at EY

    Pros

    EY is a wonderful organization, offering enormous growth potential and ability to move across practices or geographies. I have worked with teams both US based and international, and I have found here some of the smartest and brightest people I've ever known. Compensation at the higher-levels (senior manager and above) is at par with market and very competitive. Great exposure to top companies/clients in New York. Great culture and lots of internal organizations to join. Good vacation/ time off policy.

    Cons

    Not much work-life balance as you move up the ladder. Little predictability in terms of own schedule: it is a client-driven business, so you work on the client's schedule.

    Recommends
    Approves of CEO
  6. 1 person found this helpful  

    Director of Recruiting, U.S. assurance, Audit practice.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in San Jose, CA
    Current Employee - Anonymous Employee in San Jose, CA

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

    Pros

    Great people work here. Work culture is collaborative, lots of flexibility. Great learning environment, strong global footprint.

    Cons

    Compensation tends to fall behind.

    Recommends
    Positive Outlook
  7. 2 people found this helpful  

    Great place to start your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Tax Senior
    Current Employee - Tax Senior

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

    Pros

    Working with other young professionals and meeting a lot of people. Great experiences by working on lots of projects with different companies. Good perks in general and some flexibility. 18 days paid time off and unlimited sick days. Also nice having a pension. Promotions are generally quick if you are highly rated.

    Cons

    Compensation is low. Hours are brutal, especially during busy seasons (generally 70-80 hrs a week). Huge turnover.

    Advice to ManagementAdvice

    Treat your high-rated staff/seniors better. Higher compensation helps, especially when EY generally has the lowest salaries out of all of the Big 4

    Recommends
    Negative Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Great place to work

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

    I have been working at EY

    Pros

    Collaborative culture and committed to diversity and personal development

    Cons

    Aggressive growth plan for next 5 years

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Great experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - OSS
    Former Employee - OSS

    I worked at EY

    Pros

    No micro management, freedom to work

    Cons

    Wasn't there long enough to experience the company

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Good company to start your career

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at EY

    Pros

    people are friendly and helpful

    Cons

    work life balance

  11.  

    Audit Senior

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at EY

    Pros

    Good work experience and industry career preparation

    Cons

    Extreme work hours and lack of public client experience

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