EY Reviews

Updated June 29, 2015
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3.7
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EY Global Chairman and CEO Mark Weinberger
Mark Weinberger
1,188 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

5,711 Employee Reviews

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  1. Featured Review

    Helpful (13)

    Great experience in short time.

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

    I have been working at EY

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

    Pros

    Great culture. People are amazing.

    Cons

    Work/life balance is lacking in some cases

    Advice to Management

    Empower employees to further improve processes. Remove internal company politics.


  2. Helpful (110)

    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.


  3. Helpful (1)

    Tax Senior

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

    I worked at EY

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

    Pros

    Great opportunities for incoming tax associates to gain exposure to tax issues and industries. Fast-paced and rewarding.

    Cons

    First tax season could be challenging but when done with - great exposure to tax issues. As expected, work-life balance is a challenge. But this is a challenge in all Big 4 firms.


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  5. Staff Consultant

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

    I have been working at EY

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

    Pros

    EY is a great place to work that provides opportunities for people who are active in pursuing new things. it has a great name and good goals for the future, so there is room for growth.

    Cons

    Not a lot of variety in terms of engagements for lower ranking people.


  6. Low pay

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

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Good start-up for international students who major in accounting. You will gain a lot of experience through this company.

    Cons

    Salary is low compared with its working intention and the high living expense in New York.

    Advice to Management

    More flexible working schedule should be carried out. Wages need to be increased by years.


  7. good career starter

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at EY

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

    Pros

    comprehensive training and support for college grads, great place to meet other young professionals

    Cons

    up or out culture, keen focus on sales numbers (true for any big 4)


  8. Great place to work.

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

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

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

    Pros

    Great people, collaborative and people oriented culture. Strong vision and purpose.

    Cons

    Different experiences in different service lines.

    Advice to Management

    Help the junior people in assurance practice stop burning out. I am in Advisory and every time I talk to folks in assurance, it feels like they are in a different company.


  9. It's What You Would Expect From Big 4

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Risk and Assurance Senior in Denver, CO
    Current Employee - IT Risk and Assurance Senior in Denver, CO

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

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

    Pros

    Salary increases are much larger than the majority of industries, the company offers pretty good benefits, your personal skill set will grow far quicker than other jobs, opportunity to manage other people within two years of joining the firm, access to resources (experts, knowledge, templates, methodology, etc.), great colleagues, recruiters are constantly seeking you out for other opportunities

    Cons

    Work/life balance is non-existent, people who speak up or 'break ranks' are frowned upon, lack of management interaction, the compensation, while good and quickly growing, does not align with what you give the company, you are consistently asked to step up above your rank with no related reward, high turnover, many of the extra opportunities the firm promotes like global rotations are only available to an extremely limited number of people

    Advice to Management

    Remember that your employees are your biggest asset; this is something that is repeated, but it feels more like employees are expendable capital.


  10. Still working on fundamentals

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

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

    Pros

    Diverse teams and lots of opportunities early on.

    Cons

    There are some entrenched members of leadership who do not respect or follow the marketing at all. They remove work-life balance even while lying to your face about it.

    Advice to Management

    Need to really assess how they treat their employees for long-term retention. The belief in the messaging is constantly, painfully undercut by the out right lies that get told (and are not nearly so clever or hidden as the leadership believes).


  11. Helpful (1)

    Good company

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

    I worked at EY full-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    good reputation; women friendly; knowledge sharing atmosphere; a good platform for personal development; clear career path; and nice team and colleagues.

    Cons

    in big 4 it is always difficult to reach life and work balance; there are a lot of business trips and over time

    Advice to Management

    Suggest the company to be more considerate for 2020 vision; Some advisory services develop too aggressively but lack of competency at the same time



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