KPMG US

  www.kpmg.com
Work in HR? Unlock Free Profile

KPMG US Reviews in Los Angeles, CA

Updated June 26, 2014
Updated June 26, 2014
3,005 Reviews

3.5
3,005 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
KPMG US Chairman & CEO John B. Veihmeyer
John B. Veihmeyer
682 Ratings

Review Highlights

Pros
  • Good job security, decent work life balance except during Tax Season, good benefits (in 182 reviews)

  • Great place to start work if you want to see a lot of different things (in 90 reviews)


Cons
  • Work/life balance is only achieved within the course of a year for those in audit (in 418 reviews)

  • Work long hours especially during busy season and political work environment (in 470 reviews)

More Highlights

81 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Overworked, very underpaid

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

    Pros

    Deciding to go into accounting, I think KPMG or any of the other big 4 is the best place to be.

    Cons

    The pay is extremely low for someone of my level. Because of that, my future job search is limited in the amount of salary that the employer is willing to pay.

    Advice to ManagementAdvice

    Nothing. KPMG is designed to be a high turn over company and as such, the low pay facilitates that.

    Approves of CEO
  2.  

    Great place to work, you are there for the experience and not the salary

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Associate  in  Costa Mesa, CA
    Former Employee - Senior Associate in Costa Mesa, CA

    Pros

    You learn how to be a professional, the training is fantastic and the networking opportunities are valuable. You get to join the Big 4 club and that stays with you for the rest of your career.

    Cons

    It is just grueling. There is a solid reason that people leave and turnover is high. The whole structure of the firm requires to over-work the staff and managers. It's tough for families.

    Advice to ManagementAdvice

    Public Accounting is beast and keep on trying to tame that beast. Thanks for the good times. It was real.

    Recommends
    No opinion of CEO
  3.  

    Review of KPMG Audit

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Audit Associate  in  Irvine, CA
    Current Employee - Audit Associate in Irvine, CA

    Pros

    Good training and looks good on resume

    Cons

    Everything else - management are liars, reviews make no sense, performance evaluation process is unfair.

    Advice to ManagementAdvice

    Have integrity and treat employees better.

    Doesn't Recommend
    Disapproves of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5. 2 people found this helpful  

    KPMG Advisory

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Manager  in  Los Angeles, CA
    Current Employee - Manager in Los Angeles, CA

    Pros

    Good place to work if you are single. Good vacation for all levels of employees. Great benefits are offered. Salaries used to be better. Hit hard by recession.

    Cons

    Promotion is purely based on brown nosing. No correlation with performance. Technical skills are purely at staff level. Manager and above have huge sales pressure. Some groups are better then others. If you get stuck in the wrong group you are screwed.

    Advice to ManagementAdvice

    Stop treating each group as your own little kingdom. Separate sales from technical guys and put them on separate tracks. Move towards a meritocracy based system.

    Doesn't Recommend
    Disapproves of CEO
  6. 4 people found this helpful  

    KPMG - A Heavily Political Work Environment

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

    Pros

    Good training ground for business.
    Decent collegial atmosphere

    Cons

    Horrible political environment
    Extreme examples of favoritism
    Poor compensation for time spent

    Advice to ManagementAdvice

    Treat staff with compassion and think of longer term goals

    Disapproves of CEO
  7.  

    Good place to start your career if you can hang with the tough environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Manager Advisory  in  Los Angeles, CA
    Current Employee - Manager Advisory in Los Angeles, CA

    Pros

    - Exposure to many fortune 500 companies and c-level execs
    - Accelerated learning and professional development
    - Good benefits
    - 10%-20% annual pay increase each year (at least for exceptional performers)

    Cons

    - Travel, long hours, tough/strict work environment
    - Structured and bureaucratic culture
    - Promotions seem based on firm politics
    - Risk adverse. Lots of red tape (compared to other big 4)
    - Poor usage of technology. PCs are frequently breaking and we still use hardcopy workpapers, forms, etc.
    - Poor knowledge sharing between practices, business units, and locations

    Advice to ManagementAdvice

    Improve all of the cons. :)

    Doesn't Recommend
    No opinion of CEO
  8.  

    Great place to work

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

    Pros

    - Great culture, people who work there are laid-back and down-to-earth
    - Solid benefits, especially days off with pay

    Cons

    - Career prospects may be less than at other firms
    - Compensation could be improved

    Advice to ManagementAdvice

    - Engage associates more on big picture of a project

    Recommends
    No opinion of CEO
  9.  

    Good place to advance your career, tough hours

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate  in  Irvine, CA
    Current Employee - Associate in Irvine, CA

    Pros

    Great vacation time (Paid)
    Great Medical Benefits
    If you enjoy working in groups, very enjoyable work atmosphere
    Clear track for advancement
    Early opportunity for leadership oppourtunity

    Cons

    Long hours, and not only during "busy season", expect an average of 50-60 hour weeks, with the worst of them being close 100 hour weeks.
    Pay is decent for someone coming out of college, but don't calculate your wage per hour, it may be discouraging.

    Advice to ManagementAdvice

    Recognize the work of your best workers by rewarding them with larger bonuses (or any bonus in some cases) at the end of the year

    Recommends
    Approves of CEO
  10.  

    Dissapointed about KPMG

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA

    Pros

    Great place to start your career as a college grad. you get exposure to different clients and business models.

    Cons

    Management often times do not know how to manage staff and budgets - often requiring competent staff to clean up projects or eat hours while juggling multiple projects. Managers often micromanage for no partilcular reason.

    Advice to ManagementAdvice

    Listen to your staff about morale and stop causing competent staff to leave because you are play politics

    Doesn't Recommend
    Disapproves of CEO
  11. 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

    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

Worked for KPMG US? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.