KPMG US

  www.kpmg.com
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Part-time Experience at KPMG ITA in Munich

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Consultant  in  Munich (Germany)
Former Employee - Consultant in Munich (Germany)

Pros

Multi-cultural work force, communication is easy between colleagues as well as with leaders. Working in a leading accounting firm like KPMG provides one quick access to large pool of resources and up to date info if one really want to develope himself in fields like tax, accounting and accounting-related advisory. Besides, KPMG has an especially strong presence in Germany, compared to other countries, and after the merger with KPMG UK, the future of the company seems to be quite bright.

Cons

The company is big, so inevitably sometimes a bit chaotic in terms of employee training, performance review etc. Get use to that and you will be just fine. Small interest groups can be found in each department. And last but not least, the work there is not very exciting, most time just routine work, even in the advisory department.

Advice to ManagementAdvice

More attention to employee development

Recommends
No opinion of CEO

Other reviews for KPMG US

  1.  

    Good for your CV, but not well paid

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Transaction Services Analyst  in  London, England (UK)
    Current Employee - Transaction Services Analyst in London, England (UK)

    Pros

    Good training. ACA qualification. Top clients. If you can suffer the low pay and long hours, and manage to make a move into front office banking, private equity or something similar as soon as you qualify the payoff can be very good.

    Cons

    Poor remuneration compared to other Big 4s and other professions e.g. Banking and Law. Negligible rewards for good performers - annual bonuses for 2nd year TS analysts who got the top annual review rating in 08 were about £350-£500 after tax. Counterparts at PwC were getting about £2,500 after tax on top of a higher base. Progression is fixed until year 4, so it's difficult to see the point in working hard or trying to impress in years 1-3. Advisory salaries are at some stages lower than audit, despite the longer hours, much higher charge-out rate and arguably more complex work.

    Significant redundancies have been made at graduate level, with some departments cutting up to 50% of grads - many of whom had first time passes in exams.

    Work life balance isn't great - you often get given days off in lieu, but this doesn't really compensate for being cut off from your friends for months working 15 hour days in Norwich.

    Advice to ManagementAdvice

    Consider what kind of people you are trying to attract and retain. Understand that a PwC graduate could pay off his/her entire student loan in a couple of years with the extra pay they receive compared to a KPMG counterpart.

    Doesn't Recommend
    No opinion of CEO
  2.  

    KPMG - a good career starter

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    Pros

    future prospects are good, also exam leave is very good.

    Cons

    long hours, need to pass professional qualifications.

    Advice to ManagementAdvice

    Ensure that all employees get a rounded work experience

    Recommends
    No opinion of CEO
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