Marcum LLP Reviews

Updated June 27, 2015
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3.1
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Recommend to a friend
Approve of CEO
Marcum LLP Managing Partner Jeffrey M. Weiner
Jeffrey M. Weiner
16 Ratings

47 Employee Reviews

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  1. Helpful (1)

    Senior Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Orange, CA
    Current Employee - Senior Manager in Orange, CA

    I have been working at Marcum LLP (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I very much enjoy being part of a great CPA firm. Great SEC practice and tons of industry experience in many industries. All the industry groups work very well together as one team to achieve quality work and share great experience with everyone.

    Cons

    We could be a larger firm. Great opportunities to acquire other firms and we need to share that we are a great firm for other to merge with us.

    Advice to Management

    Keep up the good work an d let's get to $1 Billion dollar firm.


  2. Helpful (1)

    Supervisor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Marcum LLP full-time

    Disapproves of CEO
    Disapproves of CEO

    Pros

    Good amount of vacation days (23 for new hires, then 28 after five years). Pay is competitive. Good experience, chance for travel. Good resume builder, good experience is variety of transactions and practice areas.

    Cons

    Almost non-existent maternity / paternity leave for employees for such a large firm. The harder working employees get slammed with work while others are able to skate by, leave early during busy season, etc. with no repercussions. Upper management date the staff. Some employees get favored over others. New employees get stuck working with managers that no one else wants to work with and those employees end up leaving the firm. Managing member is rude, walks through the office and doesn't say hello to anyone except good looking females.


  3. Good exposure but awful environment

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Marcum LLP

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    Pros

    Marcum is a great place if your looking to learn the SEC practice. You will work on every aspect of the financial statements (10K, 10Q), registration statements (S1, S3, S8, S4). Majority of the managers are very helpful and willing to teach you. The pay is competitive for the most part. The partners in audit are extremely bright and very down to earth.

    Cons

    It's busy season all year round in a SEC practice. There is really no down time in this firm, and like most accounting firms they are very conscience of your billable time throughout the day. Their bonus structure may be the most ridiculous I have ever seen. To begin with for supervisors and below, the bonus is a flat percentage, and not based on how hard you work, or the difficulty of your clients in comparison to your peers. Second, the bonus is usually around 5% - 6% of your salary, which is paid out in two parts, one in June and the second in November. For example if your salary is $80,000, with a 6% bonus, after taxes your looking at $1,300 in June and another $1300 in November, so you never really feel the bonus. Their belief is that it will help retain employees, which from the turnover that this firm has, does not work. HR Department is extremely incompetent when it comes to scheduling, and dealing with employee morale.

    Advice to Management

    Pay your bonuses at once, not in separate instances. HR needs to do a better job in boosting employee morale, which extremely low in this place.


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  5. Tone at the top

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Melville, NY
    Current Employee - Anonymous Employee in Melville, NY

    I have been working at Marcum LLP full-time (More than a year)

    Pros

    Highly professional workplace with many bright and dedicated people.

    Cons

    Fear is a primary motivator, coming from the top.


  6. great firm

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Marcum LLP

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Large variety of clients and all employees are very friendly to others.

    Cons

    Long hours during busy season but that is at any CPA firm. Many firms provide half day Fridays during the summer as a "payback" for the long busy season hours but Marcum does not.

    Advice to Management

    Consider half day Fridays in the summer


  7. Solid company to work for

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Marcum LLP

    Pros

    Many clients, lots of variety, great people.

    Cons

    Hours are not the best but that's to be expected being in public accounting


  8. Marcum

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY

    I have been working at Marcum LLP

    Recommends
    Positive Outlook
    Disapproves of CEO
    Recommends
    Positive Outlook
    Disapproves of CEO

    Pros

    Room for growth and earning potential

    Cons

    Long hours, lack of support from upper management

    Advice to Management

    Need to be more competitive in hiring talent


  9. Interesting

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Marcum LLP

    Pros

    GREAT BENEFITS and Charity events for the community

    Cons

    POOR LEADERSHIP its difficult to discuss anything with anyone without the world / HR knowing

    Advice to Management

    care just a little bit about your employees.


  10. Supervisor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Supervisor in New York, NY
    Current Employee - Supervisor in New York, NY

    I have been working at Marcum LLP full-time (More than 5 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Toughest busy season since I've been at the Firm. We worked our butt off !!! However, the clients were interesting, the managers I worked for were supportive and I felt a real team spirit with my coworkers. Also, there are many new employee friendly iniatives being implemented that are a good sign that the Company is starting to focus more on the employees and their happiness.

    Cons

    Lots of hours, some tough engagements (with clients not being fully prepared), juggling schedules

    Advice to Management

    Keep focusing on the staff and their well being. Without us....you can't service clients. We like the new initiatives including: thank yous letters to family, extra $50 per night for travel and the new senior bonus plan etc. Keep them coming !!!!


  11. Helpful (1)

    Not sure why anyone would want to work here

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Marcum LLP (More than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    You get a decent amount of PTO. That's pretty much the extent of it.

    Cons

    Everything else. Bad benefits. Bad salaries. Bad corporate culture.

    Advice to Management

    Stop acquiring useless firms. One office kept acquiring small regional firms every year during busy season and they NEVER work out. Everyone from the firm ends up quitting the and company gets stuff with their awful clients.



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