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Ernst & Young
3.5 of 5 37 reviews
www.ey.com London, United Kingdom 5000+ Employees
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Ernst & Young Reviews in Australia

Updated Apr 16, 2013
All Employees Current Employees Only

3.5 37 reviews

                             

82% Approve of the CEO

Ernst & Young Chairman and CEO Jim Turley

Jim Turley

(17 ratings)

70% of employees recommend this company to a friend
37 employee reviews Back to all reviews
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Sydney (Australia)

Former Employee – worked at Ernst & Young as an intern

ProsThere was a good work culture, the work was varied and lots of freedom given in terms of work hours and people were friendly and willing to offer assistance when asked. There were lots of social/team bonding activities and lots of other young people there whom I could ask for advice. There were good amenities too.

ConsThe hours were terrible (even though I was an intern) and not worth the pay. Lots of red tape especially with things like 'counselling' and training courses. The pressure was sometimes overwhelming especially in peak periods and you're often left on your own. As an intern, I was sometimes left days on end with nothing to do despite asking multiple times.

Advice to Senior ManagementImprove communication between upper management and lower employees. Having more diversity in upper management (no female partners in my division) and be more prepared for interns.

Yes, I would recommend this company to a friend

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Melbourne (Australia)

Former Employee – worked at Ernst & Young full-time for more than a year

ProsWork life balance and the ability to grow your career. It's a truly great place to work early in your career as you are exposed to so much. The support structures in place are highly desirable to any new hire as well.

ConsUnderpaid for the great work you do.

Advice to Senior ManagementIncrease wages and improve communication from partners to graduates.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Former Employee – worked at Ernst & Young as an intern

ProsPeople there were very nice, very willing to help. Granted the directors were extremely busy but the managers and other consultants were always willing to help. It was a very pleasant experience.

ConsThe work given was not very exciting. Did not get to meet any clients, but understandable for an intern.

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Sydney (Australia)

Current Employee – been working at Ernst & Young full-time for more than 7 years

ProsErnt and Young is a company with a great culture and great people. the variation in the clients also allows you to meet new contacts in you career..

ConsAt Ernst and young you are required to be efficient as deliverable time frames are shorter than in the industry. this make you an efficient worker which translates very well in industry experience.

Advice to Senior Managementnone

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Melbourne (Australia)

Former Employee – worked at Ernst & Young full-time for less than a year

Proswork life balance, supportive environment, friendly, encourage women in business, very, very good firm to work for

ConsThe computer systems are difficult to learn if you have come from another firm
They still use lotus notes and this can be frustrating when most ppl use outlook

Advice to Senior Managementcontinue to hire the best in their chosen field and you will remain ahead of your closest competitors

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Melbourne (Australia)

Former Employee – worked at Ernst & Young as an intern for less than a year

ProsEven as an intern I was provided real challenging work. Strong social focus. High achieving work atmosphere.

ConsSome periods are very high pressure, however I liked this environment.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Former Employee – worked at Ernst & Young as an intern for less than a year

ProsLocation in Sydney convenient. Good culture amongst other vaccies.

ConsWork itself not particularly engaging or useful for career advancement.

No, I would not recommend this company to a friend

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Perth, Western Australia (Australia)

Former Employee – worked at Ernst & Young as an intern for less than a year

Pros- Open plan office, partners and seniors very accessible.
- Nice work culture, friday drinks etc.

The company had a good HR department and a great work culture. There were always other social things to do, and Friday drinks in the common areas was good.

Cons- Narrow focus on the resources industry (in Perth)
- Work in Tax was boring
- Work was not pre-planned for the internship, and not much was available at that time of year.

There didn't seem to be any work pre-prepared for the internship, and due to the nature of the work, there wasn't much available in Tax R&D at the time of the internship.

No, I would not recommend this company to a friend

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Adelaide (Australia)

Former Employee – worked at Ernst & Young full-time for more than a year

ProsErnst and Young Review - Assurance

ConsLow pay and cutting spending on staff functions

Yes, I would recommend this company to a friend

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Perth, Western Australia (Australia)

Former Employee – worked at Ernst & Young full-time for more than a year

ProsBrand name world wide well known (not great in all countries though)

Cons1. Not enough intelligence around. Don't know where they should be headed in terms of strategy. Most of the work won is of contracting nature rather than use of good work and win win strategy for selling.
2. Unethical recruiting practices by giving incorrect details and assurances during interviews, work scenario does not match with the assurances provided during interview.
3. Partners are not smart enough and do not have the ability to sell well. They get all their work done by others and portray that they are deeply involved.
4. Significant favoritism attitude shown. Performance of good people does not matter, what matters is how close you are to the people making decisions.
5. Perceptions matter more than good work.
6. Employees bullied through the HR route by telling them they are not performing well and in some cases unethically asked to leave.
7. Undue pressure on employees who are performing. No pressure created for favorites who are sitting on the bench for a long time and not delivering to the level required.
8. Very easy to get promoted and be nominated for monthly awards - whether or not you deserve it, no one cares.

Advice to Senior Management1. Recruitment strategy needs to be given a hard look
2. Panel interviews need to be done and placement as per skills required
3. Deliver correct and true information during interviews and stop wasting careers of smart people who you just want to put at clients place for menial contracted jobs. Those jobs can be done by graduates.
4. Live by the values of the firm - it's all a myth at the moment.
5. Let smart people grow and give direction to the business, those who understand the industry very well, rather than going ahead with your stupid strategies of winning contracting work alone.
6. Client's are won by content, not by only socialising with them. Wins which are dependent on socialising do not go a long way in making a name for the firm in the market.
7. Look around - ask people outside of the firm what they think about your work. Don't tell them you represent EY. You will truly understand what people think about you.

No, I would not recommend this company to a friend

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