KPMG US

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KPMG US Reviews in Sydney Australia

Updated Apr 3, 2014
All Employees Current Employees Only

3.3 31 reviews

100% Approve of the CEO

KPMG US Chairman & CEO John B. Veihmeyer

John B. Veihmeyer

(7 ratings)

71% of employees recommend this company to a friend

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 469 reviews)

31 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    • Approves of CEO

     

    Laidback young cultured company

    Financial Services Audit (Current Employee) Sydney (Australia)

    Pros- young culture
    - long hours
    - job security
    - variety of clients

    Cons- seems to have a recruitment bias from greater unis
    - bad pay until qualification
    - work may be dry at some times

    Yes, I would recommend this company to a friend

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    • No Opinion of CEO

     

    Overworked and underpaid

    Pursuit Project Manager (Former Employee) Sydney (Australia)

    ProsThe salary was above industry average.

    ConsI worked 50 hour weeks, and had to be flexible to travel to other cities at the drop of a dime, only to be made redundant whilst pregnant!

    My team were all ex-Ernst and Young employees, including my boss. Because I had previously worked in another industry, and never at Ernst and Young, it was hard to join the clique.

    Advice to Senior ManagementDon't promise the world to employees in a job interview only to make them redundant as soon as they become pregnant.

    No, I would not recommend this company to a friend

    • Culture & Values
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    • Approves of CEO

     

    Great intro into the working world

    Senior Consultant (Former Employee) Sydney (Australia)

    ProsGlobal Big 4 Firm that is easy to enter

    ConsBad working hours and boring work

    No, I would not recommend this company to a friend

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Over worked and no recognition (personally or financially) unless a manager or higher.

    Anonymous Employee (Current Employee) Sydney (Australia)

    ProsExposure to high profile clients and projects; kpmg name on cv

    ConsIncomparable salary brackets, perpetuates. "Us and Them" culture. Old fashioned and exclusive "partners lounge", few and insignificant general staff benefits; Long hours and no thanks; HR only exists as "People and Culture" and as there isn't any protection or union for staff, all issues reported to "People and Culture" are sent to staff's line manager as the interest is only to protect the company; (in-spite of job adverts) inflexible work/life balance for staff under a certain threshold, leave withheld at managers discretion, patronising culture downwards.

    Advice to Senior ManagementImprove staff benefits, including annual leave allowance conditions; support a genuine work/life balance for all employees not just those over $100k; if all staff are expected to work until job is done then encourage partners to cultivate and act upon feelings of THANKS, improve lower tier salaries and include bonuses for all staff.
    Allow leave to be taken when needed, not just at line managers discretion; introduce HR practices which support staff AND the company, not the PPC which is a farce for employee support.
    Make the company somewhere where people want to work, and be proud of, not just because of the name, and not just because the rich get richer and poor are unappreciated.

    – I'm not optimistic about the outlook for this company

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    • No Opinion of CEO

     

    Not a bad company to work for

    Senior Consultant (Former Employee) Sydney (Australia)

    ProsGood reputation. Good exposure to different engagements. High performing environment.

    ConsSome people will pull others around them down to make themselves look better.

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

     

    Good vacation experience

    Vacationer (Former Employee) Sydney (Australia)

    ProsGreat brand name
    Colleagues are professional and approachable to work and learn alongside with
    Got to work on a range of industries throughout internship period
    Vacation program was well structured - provided for interactive opportunities, talks to learn more about the firm

    ConsTasks assigned were at times of administrative nature but somewhat expected for an internship

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    • No Opinion of CEO

     

    It's going down the tubes...

    Director (Former Employee) Sydney (Australia)

    ProsIt's a good brand name on your c.v.... for now. It opens doors.

    ConsIt has a terrible reputation for retaining lateral hires, I wouldn't be surprised if by year 3 almost 80% of lateral hires leave. There is a very strong "closed door" policy - if you're trying to develop a relationship other partners will consider you a threat.

    Advice to Senior ManagementUnderstand that doing things you did 20 years ago is not what you're expected to do now... if you keep the partnership a closed shop for so long, with many under performing partners there for the ride, you get the situation you are in now... where every partner hates the other.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • No Opinion of CEO

    1 person found this helpful  

    Great for acquiring soft skills, then move on to the next bigger thing

    Senior Consultant (Former Employee) Sydney (Australia)

    Pros1) How to sell yourself - you are trained to be ready with an elevator pitch to sell what you do and who you are every time you have an interaction with another living soul. This sounds brutal but is a Pro because it is expected and taught in the most unashamed and transparent manner which, at least in the companies I've worked for, would've taken yrs to learn.

    2) Learn about how to deal with office politics. This is a Pro because of same reason as 1

    3) Great for soft skills development such as project management, people management, interpersonal skill

    4) Work with some highly intelligent people that you can learn alot from

    Cons1) Burn out quickly. There are those who naturally thrive under a constant pressure, but most burn out quickly by the constant need to prove yourself to get recognition, so there's alot of truth that the average life-span of a consultant is 2yrs

    2) Its a Cult. You get used and abused for minimal pay, and yet I still see my colleagues continuing to go back for more when they could leave consulting and go into industry. Its very much like being brainwashed and in a cult, you simply see nohting else.

    3) Technical competence (at least in the advisory area, I assume the more technical depts like audit will be required to be more technically adept) is not always present even in senior team leaders.

    4) With the above type of culture, naturally there are very big egos who talk a good game but may lack substance.

    Advice to Senior Management1) Be realistic on how much work you have in the pipeline vs hiring new staff, I've seen young enthusiastic staff destroyed cause they have nothing to do but sit on a bench all day

    2) Could be more aggressive in managing out the low performing 'dead wood' individuals

    But above all and despite my criticisms, I'd recommend the management to not change. Accept that you will have high attrition and focus on keeping hiring rate up. Please don't try and change by being "nicer" for the sake of retaining people, you'd lose the Pros I've highlighted

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Staff benefits

    Assistant Manager (Former Employee) Sydney (Australia)

    ProsGood firm to work for

    ConsBenefits could be better, for sure.

    No, I would not recommend this company to a friend

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    good intern

    Auditor (Current Employee) Sydney (Australia)

    Prosgood overall experience of the real work that is done, xmas party and interaction with partners

    Consaudit work boring, very poor communication within team and lack of direction from senior management

    Yes, I would recommend this company to a friend

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