EY

www.ey.com
Employer Engaged

EY Reviews

Updated February 28, 2015
Updated February 28, 2015
5,264 Reviews
3.7
5,264 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
EY Global Chairman and CEO Mark Weinberger
Mark Weinberger
1,021 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

Sort: Popular Rating Date
  1.  

    Fulfilling 1st job experience, great for building up foundation in the accounting profession

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Associate in Kuala Lumpur (Malaysia)
    Former Employee - Senior Associate in Kuala Lumpur (Malaysia)

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

    Pros

    Great working culture and people, colleagues are friendly and helpful.
    Quicker progression than working in MNC, with considerable salary jumps.
    Good for building up network and making friends for those in the 20s.
    Opportunity to work with large public listed companies.
    The firm will fund for professional studies in exchange for a bond period.

    Cons

    Long working hours and work on weekends are expected of the staff.
    Career progression will be halted if failed to attain professional qualifications.
    Stress of balancing work and studies.
    Need to cope with high turnover rate, which sometimes means having to do re-work, or take over poorly managed engagements.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 65 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. 2 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
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 2 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
  6. 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
  7. 1 person found this helpful  

    Long and stressful hours but valuable training and work experience

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

    I worked at EY (more than 5 years)

    Pros

    Working with some of the brightest minds in the world

    Cons

    Long and stressful work hours which takes a toll on your health over an elongated period of time

    Advice to ManagementAdvice

    Improve on managing client expectations regarding unreasonable deadlines

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person 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
  9.  

    Progressive Opportunities the longer you stay.

    • 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

    Pros

    You learn something new regularly, especially grow and develop every year.

    Cons

    Maintaining a life/work balance can be a challenge.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Wonderful experiences and numerous opportunities

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

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

    Pros

    Amazing opportunities for growth and development within the Company and great pay/benefits

    Cons

    Typical with a big 4 - the hours are long, work is strenuous and taking days off is difficult

    Recommends
    Positive Outlook
  11.  

    Excellent company to work for and very good corporate culture.

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

    I worked at EY

    Pros

    Teamwork and consistent culture. Professional and knowledgeable organization with a good work ethic.

    Cons

    Very large company and cubicle farms with an emphasis on hoteling.

    Advice to ManagementAdvice

    Less Re-orgs

    Recommends
    Positive Outlook
    Approves of CEO

Work at EY? Share Your Experiences

EY

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.