KPMG US

  www.kpmg.com
  www.kpmg.com
There are newer employer reviews for KPMG US

 

Great environment to work in

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Intern in McLean, VA
Current Employee - Intern in McLean, VA

I have been working at KPMG US

Pros

Management is very approachable, lots of networking opportunities, great benefits.

Cons

The type of people that you work around are dull and somewhat boring, feeling of obligation to attend networking events as much as possible.

Advice to ManagementAdvice

Be more forthcoming with work quality feedback, maintain as much transparency as possible.

Recommends
Approves of CEO

3171 Other Employee Reviews for KPMG US (View Most Recent)

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  1. 3 people found this helpful  

    KPMG tough times = lousy place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Information Technology Manager in Montvale, NJ
    Current Employee - Information Technology Manager in Montvale, NJ

    I have been working at KPMG US

    Pros

    KPMG can be a great opportunity for recent colllege grads who are looking for audit, tax or consulting opportunities. The work life balance at KPMG has been a big plus, although recently the option for working from home 1 or 2 days a week has been withdrawn for IT employees.

    Cons

    Unfortunately tough times have led to: multiple rounds of layoffs within IT, bonuses are non-existent and salary raises are rumored to be frozen. Flexible work options like working from home 1 day a week have been cancelled. All training was cancelled and no one is allowed to take any training courses. Departmental and team meeting budgets were eliminated - so no teambuilding activities or even lunches anymore. Smaller perks like the annual Thanksgiving turkey give-a-way and summertime ice cream giveaway were eliminated. Morale is awful and rumors of continued layoffs in Jan or Feb of 2010 will likely keep employees on edge.

    Aside from the current economic climate and effects on KPMG, the overall IT climate is focused on outsourcing US jobs as a strategic initiative. Frequent re-organizations have led to overall slowdowns in any tactical or strategic projects, as well as focus management more on empire building/saving. All in all, I would advise prospective employees to wait 2+ years for things to settle down and for business to get better, hopefully leading to a return to a normal business climate internally at KPMG as well as to more material rewards i.e bonuses and perks.

    Advice to ManagementAdvice

    The current silent attrition program for IT is a poor way to manage through the challenging enviromnment and goes against the KPMG principle of integrity.

    Doesn't Recommend
    Disapproves of CEO
  2. 4 people found this helpful  

    Long hours, stingy salaries, unreasonable project deadlines, and stressful work environment

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

    I worked at KPMG US

    Pros

    Working for KPMG proves that you are a strong candidate with the ability to roll up your sleves and get the job done. You also get access to the books and records of some very reputable clients that provide meaningful experience for your career later on down the line. The other professionals working with you are you're greatest resource and are exceptional friends and colleagues.

    Cons

    Prepare to have no life outside of work. Never in my life could I have ever imagined working this much. You work on weekends, sometimes 7 days a week, often times without charging the time or getting recognized for putting in the effort to meet unreasonable budget and time deadlines that your managers will never commend you on. Prepare for 40-55 hr work weeks during summer and 80-100+ hr work weeks from September-April.

    Your clients will never be pleased to see you, no matter how good you are, and they will in fact make that known to you at all times. Some are often very difficult to work with or get the right information from.

    On top of everything, the salaries they are offering are much lower than the mid tier firms for some unknown reason and when you calculate the number of hours you put in compared to your pay you might be making somewhere near $12/hr while they charge the client $350/hr for your services.

    They give you 25 days PTO but implemented 7 days of mandatory PTO, further reducing your paid vacation/sick time to about 18 days. Its not uncommon to get bad performance reviews for taking PTO at times that are not advantageous to the firm. For example, if you book a vacation a year in advance and due to client push back the engagement doesn't finish on time but you leave for vacation, that will negatively be frowned upon no matter how out of your hands the situation may be.

    Advice to ManagementAdvice

    There's no upper feedback channels from senior associates no matter what you may say or claim to be a "senior council". Everyone is overworked and underpaid and it really shows how top heavy and selfish the partnership group is. Not exactly sure why anyone would want to choose this as their career if they knew what they were getting into. By the way, good job on managing your earnings this year and implementing mandatory minimum 10 hour work days during our supposed summer "slow-time" to speed up the revenue recognition. How's that for ironic.

    Doesn't Recommend
    Disapproves of CEO
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