EY Reviews

Updated October 30, 2014
Updated October 30, 2014
4,720 Reviews
3.7
4,720 Reviews
Rating Trends

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EY Global Chairman and CEO Mark Weinberger
Mark Weinberger
800 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

Employee Reviews

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  1.  

    Fast development, hard work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Tax Advisor in Budapest (Hungary)
    Current Employee - Assistant Tax Advisor in Budapest (Hungary)

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

    Pros

    A very good, professional learning environment where one can learn a new thing almost every day due to the large number of different client engagements. One can have very good opportunities in the market after working at EY for some years.

    Cons

    Lots of overtime is seen as the minimum, not really valued. Very confusing communication from the management team but I think it is a local problem only.

    Advice to ManagementAdvice

    More communication, clear communication, open communication towards the lower levels.

    Recommends
    Positive Outlook
    No opinion of CEO
  2. 7 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.  

    Great company to learn a lot quickly.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Chicago, IL
    Former Employee - Manager in Chicago, IL

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

    Pros

    - Great Co-worker
    - Ability to learn a lot quickly
    - Able to engage upper level management at a young age

    Cons

    - Certain groups can be very political (office politics)
    - Can be difficult to gain a lot of experience in one area (was in the consulting field)
    - Difficult to maintain relationships with co-workers when traveling so much

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Good

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at EY

    Pros

    Nice, pay well, work-life balance

    Cons

    I do not have any cons

  6.  

    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
  7.  

    EY Senior Consultant Review

    • 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 3 years)

    Pros

    Good working culture, friendly people, flexible work environment.

    Cons

    Pay. Not at par with industry standards.

    Advice to ManagementAdvice

    If you do not hike up employee salaries, talent attrition will continue.

    Recommends
    Positive Outlook
  8.  

    Great experience

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

    I have been working at EY as an intern (less than an year)

    Pros

    great people, training, clients. You have many opportunities to see complex transactions.

    Cons

    hours, monotony, more emphasis could be placed on work life balance.

    Advice to ManagementAdvice

    increase training and teaching staff how to train

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Overall positive experience

    • 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

    Opportunity to work on major clients and interesting projects, strong company values and good benefits

    Cons

    Very long hours, low work-life balance satisfaction

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Advisory staff

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager - Risk Advisory Services in Los Angeles, CA
    Current Employee - Manager - Risk Advisory Services in Los Angeles, CA

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

    Pros

    Competitive salary, challenging projects

    Cons

    Bad work life balance

    Recommends
    Neutral Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    Challenging and Rewarding Role at a Prestigious Firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Staff in Secaucus, NJ
    Current Employee - IT Staff in Secaucus, NJ

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

    Pros

    Their Vision 2020 is to become a $50 billion dollar company by 2020. This translates into the IT world as more jobs, cutting-edge hardware, and tons of interesting projects to work on. Although reorganizations are common, their end goal is to build a better company and better teams. Management is very accommodating with any personal requests and approachable. Fantastic work environment that makes you happy to go to work.

    Cons

    I honestly have few cons. The only one really being that having company paid benefits would be great. But due to the amount of time and money invested in employees it is a minor concern.

    Recommends
    Positive Outlook
    Approves of CEO

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