KPMG Reviews
Updated Feb 11, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 1,291 ratings Employees say it's "OK" |
CEO Rating
Based on 81 ratings
Chairman & CEO |
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Pros
Known path of advancement, better than average compensation, great vacation allotment, opportunity to gain experience within several industries, formal methodologies and training to teach employees the KPMG way. KPMG has a great performance evaluation methodology that includes management's assessment of your work, but it also includes peer and reportee feedback.
Cons
The performance methodology is great however in actual practice this is lacking. Performance ratings at KPMG are done on a 3x3 box (or 9-box). This is more or less a bell curve and your personal relationships and networking can make or break a promotion as well as your salary and compensation for the year. Within KPMG most associate level employees and many managers will share their salaries so everyone knows what their peers salary increases are. My personal experience is I benefited from all of these "cons" but I have seen some of the best workers taken advantage of becuase they are shy or there was a personal conflict, not work related.
Work like balance and best place for a mother to work are both lip service. These are things that KPMG pays to be a part of and they measure the results based on surveys. Not everyone completes the surveys and most of the employees that are "in the field" are men. Work life balance does not exist and the norm is to work 50+ hours per week and constantly check email. An average of 50% travel is typically that some employees travel 0% and others travel 100% so it averages to 50%. But mostly only the admins are the 0% travelers.
Work life balance really does not exist. Most Partners (male or female) have their spouse stay at home. This is the only way that the home is able to stay in order since the KPMG employees is likely working upwards of 60 hours a week and traveling at least 2 days a week.
For any of the large professional services firms, if you request to not travel you will have a target on your back. This is not a negative towards KPMG ,but in a professional services company employees have to travel to where the client is in order to get revenue.
Most KPMG employees laugh at the 5 (or more) weeks of vacation that are given. Most employees do not feel like they can take it. This is truly a perception, which is why it is a con.
Advice to Senior Management
KPMG really needs to embrace what they market. Are employees taking their generous vacation allotments? Do they feel like they can take the vacation without being penalized? Are vacations really technology free? KPMG all needs to really look at alternative work plans for mothers. Tons of working moms will leave the firm due to the inflexibility and hours. Fathers of infants will miss out on the pivotal milestones that occur daily in the first 1-2 years of life due to not being at home.. KPMG really is great if a family measures success by income but other than that it's lacking.
Pros
High visibility in terms of nature of positions offered
Excellent opportunities provided to people at different levels
Proactive approach in responding to business situations
Cons
Stress level is high and needs to be managed
Advice to Senior Management
Keep it up. Please ensure that people are able to appreciate the stress level given to them and they should be assisted in managing it
Pros
I work with a lot of great people at KPMG. And there is a sharp learning curve.
Cons
You have to put in a lot of long hours.
Pros
-Brand Name Value
-Exposure to top clients
-Ability to work internationally
-Wonderful career progression
-Cross functional exposure
-The people of the firm are outstanding
Cons
Not interested in auditing anymore
Pros
great place to work, excellent training
Cons
work hard and play harder
Advice to Senior Management
benefits could be a little better
Pros
Good work life balance, many occasions to work with dynamic people, great benefits, strong senior management leadership team, somewhat diverse
Cons
Not much time to pursue advanced degrees in personal interests, some coworkers lack social graces, workload can also be overwhelming
Advice to Senior Management
Allow time for employees to pursue advanced degrees in personal interests, find more innovative ways for employees to work from home
Pros
Culture, promotions, flexibility, variety of work, fantastic & talented people, development, exposure
Cons
the work life balance, salary and benefits
Advice to Senior Management
need to benchmark and align salaries to industry offerings
Pros
It was good learning experience and I made friends with some colleagues there.
Cons
I dont like working overtime on frequent basis. But it is true for public accounting jobs. So think twice before you start.
Advice to Senior Management
I would suggest them to be more aggresive and take more market shares.
Pros
work life balance
encouraging bosses
colleagues are nice and help you get integrated quickly
alot of responsibilities given to first years
Cons
low pay
remuneration not that clear
there is a need to stay long hours at times depending on client
long hours
Advice to Senior Management
offer higher bonus
more recognition for work done
more events to make people feel good at work
offer more signals to allow talent to stay
Pros
Varied Experience
Attractive salary and benefits
Pleasant work environment and and the chance to interact with other professionals in teh same field
Cons
Long hours and lots of persoanl sacrifice in order to meet deadlines
Difficult clients to deal with who are uncompromising.
Advice to Senior Management
Ensure your staff is afforded the required training to be in the forefront. Need to actively sell advisory service



