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Helpful (1)

It is what it is

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Audit Senior in Los Angeles, CA
Current Employee - Audit Senior in Los Angeles, CA

I have been working at EY

No opinion of CEO
No opinion of CEO

Pros

It's a good learning experience for young professionals. It's a give and take, you get the experience, but you will get worked. You will be exposed to really smart individuals and you also get to learn about the business.

Cons

one major downside is being overworked and underpaid, and work/life balance is not great.

Advice to Management

Promotions should be based on performance. If you are good at what you do, you should be awarded.

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  1. Ernst & Young - great experience but poor tone at the top

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate
    Current Employee - Senior Associate

    I have been working at EY

    Approves of CEO
    Approves of CEO

    Pros

    Working for Ernst & Young, you get a phenomenal amount of experience. Working in Public Accounting you have the opportunity to advance your carreer at a greater pace as compared to industry. Working for one of the "Big 4" you have the opportunity to work on both small and large engagements. As an auditor you need both types of experience. Working on a Large engagement you are exposed to the operations of a large organization and specialize in one specific area. Working on a small engagement you get exposed to more intricate issues that allow you to research the answers to. Smaller engagements also show you the big picture and you work and assist in many areas. E&Y allows you to gain both types of experience. Additionally the yearly trainings that you receive are very thorough and cover the issues and topics that are essential for growth to the next level.

    Cons

    My experience at E&Y has been that the tone at the top is highly unrealistic. You go in with the expectation that you will be working long hours with your team in order to meet harsh deadlines, however management loses touch with reality and creates unrealistic expectations for the staff and senior on the engagement. When concerns about staffing and deadlines arise, typically these concerns are brushed asside due to pressures of meeting the budgets that managment has set in place. Working in such a high-stess environment puts pressure ont he entire team to meat budgets and decreases morale on the team.

    Advice to Management

    Listen to your staff. These are the people that prepare and detail review the documents required to complete an audit. They know how long things take and when staffing issues arrise, they need to be addressed and not pushed under the rug. Additionally, favoritism is unacceptable. It does not matter how long you have worked with one individual, you need to balance your decisions when approving vacations or meeting personal needs for the entire team.


  2. Helpful (3)

    Get in, credentialize, get out.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Audit Senior Manager in McLean, VA
    Former Employee - Audit Senior Manager in McLean, VA

    I worked at EY

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    E&Y provides a tremendous ability to see different organizations and learn new things. The organization puts its people into some very good opportunities and provides some good services to its clients. It is a great place to start your career.

    Cons

    Leadership is taking a disturbing turn toward a consulting culture. Many of the new hires are from places like BearingPoint (a disturbingly poorly run organization). The focus is on how much you can milk from the client prior to the organization removing E&Y as it's service provider.

    Leadership talks a great game when it comes to People First, but ultimately it is people first unless the client needs something.... then work all weekend. People are promoted not base on their abilities to do work, but rather on their ability to make sales.

    Though the firm has a decent system for feedback, the people delivering it provide only the positives, and gloss over the developmental opportunities until they are going to hold back promotion, then they use them to slam the individual very publicly.

    Advice to Management

    Focus on what you do best. You are an audit / tax firm. Worry less about growth and more about keeping your clients happy and doing what is best for them.


There are newer employer reviews for EY
There are newer employer reviews for EY

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