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9 people found this helpful  

No Work/Life Balance and No Appreciation = Time to Quit

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

I have been working at KPMG US full-time for more than a year

Pros

-5 weeks of PTO and at times, flexible schedules
-Learn a lot of technical skills in a short amount of time

Cons

-Work/Life balance does not exist. I worked in the Real Estate Tax group and management expected you to be available to work at all times, such as midnight in early November. When you are not in busy season, they will loan you or your support out to another group so even when you are supposed to have a 9-5 type of schedule, you do not. I believe a lot of this has to do with the partners getting pressure to keep everyone's utilization up
-Zero appreciation for the work you do
-No communication regarding staffing or changes within the group
-Almost everyone below manager absolutely hates their job
-No action is taken on feedback; they do not care about workplace satisfaction because they will burn you out until you quit because there are 25 people willing to replace you at any moment
-The lack of variable compensation for the people putting in the most hours is terrible, if there even is any
-If you are valued within the group, they sometimes block you from transferring to another group or doing a rotation
-Mixed messages regarding how to use the offshore team and the associates
-Poor planning leads to the same people being overworked or underutilized. Essentially, the better performer you are, the more work you get
-Related to the point above, the few good people in the group become frustrated and burnt out, and leave
-The partners only care about the bottom line, so you hear a lot about firm/group performance. However, when the firm/group does well, you do not share in any of the benefits. Why should I kill myself for a modest salary without overtime to make money for other people?
-The ratings system is meant to be a 5-point scale, with 1 being the top performers and 5 being the equivalent of a pink slip. However, in this group, only 3s and 4s are given. These low ratings impact compensation and ability to do rotation
-There are no real role models in the group for non-management. All of management has been there for 10+ years and have a very distorted view. Additionally, there are no minorities and very few women in senior management
-For such a large and profitable firm, the benefits are very mediocre, especially medical and the 401(k) match
-The firm rescinds any 401(k) matching contributions to employees that leave before spending 5 years with the firm. I realize they don't want to pay it for short-term employees, but given the mindset of burning out your resources, this makes the 401(k) match non-existent for most

Advice to ManagementAdvice

-Listen to the Seniors and Staff. Their advice falls on deaf ears just because they are not management, but they are the ones in the trenches actually doing the work
-If you are going to preach work/life balance to every recruit, you should actually practice it
-Teach management better people skills. I'm not sure how, but it seems like the vast majority of management couldn't have a conversation with their spouse, let alone co-workers

Doesn't Recommend
Negative Outlook
No opinion of CEO

Other Reviews for KPMG US

  1. 8 people found this helpful  

    Disappointing

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

    I worked at KPMG US full-time

    Pros

    There is actually not anything positive that I can say about my experience working with the company. I only find that the "KPMG" name is great for exposure on your resume.

    Cons

    You are not promoted based on your work or achievements. Unfortunately, this causes great people to leave the company.There is absolutely no work/balance and you have no voice. They expect you to neglect your family for the better part of every month.

    Advice to ManagementAdvice

    Listen to the people who actually do the work and not those who just delegate. Currently, too many people are actively looking for work to get out of this environment. Please stop and think why so many put in complaints about middle management because of how we are treated and looked over if we are not in the in crowd.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    As they say, "A Great Place to Build Your Career"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Audit Senior Associate  in  Baltimore, MD
    Current Employee - Audit Senior Associate in Baltimore, MD

    I have been working at KPMG US full-time for more than 3 years

    Pros

    - 5 Weeks of Vacation from the start
    - Smart individuals and great problem solvers
    - Variety of personalities in our office; definitely not boring

    Cons

    - Long hours staring at the laptop screen during busy season (I'm fine with working, but my eyes hate me)
    - Exit opportunities for Audit? Yeah...not what I imagined when I was still in college.

    Advice to ManagementAdvice

    - Show more leadership, take time to be a mentor to your teams, and give your staff opportunities to shine.

    Recommends
    Positive Outlook
    Approves of CEO
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