There are newer employer reviews for Grant Thornton International
There are newer employer reviews for Grant Thornton International

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Helpful (1)

Similar to the big 4 but without working as much

  • Comp & Benefits
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at Grant Thornton International

No opinion of CEO
No opinion of CEO

Pros

There are several advantages to working for Grant Thornton. Firstly, you don't work as much as the big 4. Secondly, you will have more opportunities to grow and learn new things in the first year, probably a lot more then at the big 4. The firm is smaller, and as such, there is more opportunity to interact with partners, and senior management. They also tend to pay entry level people a little better, and you get top quality training, and the ability to work on some large public companies depending on your office. While they aren’t the big 4, they have enough name recognition to be considered reputable on a resume (although don't expect to become CFO of GE).

Cons

They tend to pick up the clients that the big 4 drop, and those clients tend to be more trouble then they are worth. Work isn't divided evenly, and as such, the people who are competent end up working hundreds of more hours then those who are not as competent, and the pay difference between the two is very small (usually within $500-$1000 a year). While your salary is very good when coming out of college, as you progress to the Sr. Associate level, the number of hours worked compared to the pay is just crazy. Currently they appear to be a little too middle manager heavy, and as a result it is becoming harder and harder to make manager, and as such, the good people are leaving, the incompetent ones are being encouraged to leave, and the mediocre stay put because they don't know what else to do. 401k matching is weak, pension is a joke, Dental insurance is too expensive for the coverage that is provided, and partners seem to be more interested in hoarding money for themselves instead of retaining good people. They also seem to be more interested in hiring Big 4 people(who tend to be less competent then some of the top performers that they already have), and paying them more then current employees at the same level instead of giving that money to current top performers. There are a few exceptions to this rule (specifically when they bring in partners from the big 4), however this in turn frustrates current Sr. Managers because it means they have to wait even longer until they get to become partner, which in turn causes the good ones to leave and seek greener pastures. Also, because most people are hired out of college, you have to be careful of gossip and rumors, because they spreads like wildfire and creates a lot of hostility.

Advice to Management

Base compensation on the amount and quality of work performed instead of paying everyone the same (or at least base bonuses on this). Offer better benefits. Overall the firm is ok, but a decision has to be made, as to whether they want to be a performance based growth firm, or copy the big 4 business model. Right now it seems like they are taking the "Big 4 Light" approach, which works, but like the big 4 you will chase away top quality people, fire the poor performers, and be left with a firm that is mediocre.

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  1. Helpful (1)

    Great place to work if you're willing to get paid less.

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Tax Senior Associate in Houston, TX
    Former Employee - Tax Senior Associate in Houston, TX

    I worked at Grant Thornton International

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    The people there are willing to help you and see you succeed. They are great to work with, and you're not bogged down with work. You get to see a lot of different clients in different industries, and you are not stuck where you are if you want to try different types of clients and work.

    Cons

    You're not paid compared to others in the industry. Since the clients are smaller, you may not see as many issues as you would with larger clients. The bonuses are not great and are fixed based on your salary and what the national office sets.

    Advice to Management

    Pay your employees better.

  2. Helpful (1)

    Decent place to begin an accounting career, well recognized firm that doesn't abuse the employees.

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Audit Senior Associate in Atlanta, GA
    Current Employee - Audit Senior Associate in Atlanta, GA

    I have been working at Grant Thornton International

    No opinion of CEO
    No opinion of CEO

    Pros

    It is a well recognized international firm that isn't one of the "Big 4", but looked at by potential employers just as well. Overall the partners and managers take a real interest in training and overall they do care about the employees. Overall its a good firm to get public accounting experience, but not sure its worth staying to hopefully reach partner one day.

    Cons

    Although they try to really promote the idea of work life balance, it is nothing more then marketing to attract employees. From what I hear from people at the "Big 4", its not as bad, but not a lot better either. Grant Thornton promotes itself as in a category of 1, only because they are not a Big 4. They are without a doubt will say they are a category of 1 until they are known as part of the Big 5, where they seem to want to be unofficially.

    Advice to Management

    Senior management needs to be more open as to where employees can be over the years financially as everyone is really in the dark as to what different level employees actually earn.

There are newer employer reviews for Grant Thornton International
There are newer employer reviews for Grant Thornton International

See Most Recent

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