Marks Paneth Reviews in New York City, NY

Updated July 13, 2014
Updated July 13, 2014
23 Reviews

3.6
23 Reviews
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Mark Levenfus
7 Ratings

14 Employee Reviews Back to all reviews

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  1.  

    Good place to work and get experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Supervisor In Nonprofit Industry Group  in  New York, NY
    Former Employee - Supervisor In Nonprofit Industry Group in New York, NY

    I worked at Marks Paneth full-time for more than a year

    Pros

    MPS is a good place to get experience and learn. They believe in giving you the training in many areas that will assist in your success.

    Cons

    The firm is very departmentalized.

    Advice to ManagementAdvice

    Consider more cross experience for staff and management.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Slighly underwhelmed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Accounting Intern  in  Woodbury, NY
    Former Employee - Accounting Intern in Woodbury, NY

    I worked at Marks Paneth as an intern for less than a year

    Pros

    Good Pay rates offered, even as an intern
    Professional environment to become accustomed to corporate office atmosphere
    Room for promotions to grow your responsibilities and skills

    Cons

    No real formal training sessions or meetings for expected job duties and tasks
    Too much clerical work and not enough focus on actual accounting

    Advice to ManagementAdvice

    Place more value and attention to early grooming of both new hires & interns

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    It depends which team you are in

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

    I have been working at Marks Paneth part-time for more than a year

    Pros

    - Great learning experience
    - No long hours like Big 4
    - Interactive & friendly co-workers

    Cons

    - Not too many "perks"
    - Salary is low

    Advice to ManagementAdvice

    Need to utilize interns.

    Recommends
    Positive Outlook
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  5.  

    Overall good experience

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

    I have been working at Marks Paneth full-time for more than 3 years

    Pros

    Challenging, friendly environment, people know your name, company pays for the overtime

    Cons

    Promotions - it takes to long to get promoted and they have to many levels, Salary.

    Advice to ManagementAdvice

    Pay employees based on what they contribute.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    I had an awesome intern experience in their NYC Non-Profit group!

    Former Employee - Non-Profit Audit Intern  in  New York, NY
    Former Employee - Non-Profit Audit Intern in New York, NY

    I worked at Marks Paneth as an intern

    Pros

    I have had multiple internships and have never received more knowledge and experience in my field. I learned so much while interning for the group. Everyone was very open to helping me learn and answered any questions that I had.

    Cons

    There was no downside to working with this company. Everyone was great. The reason why I left was because they did not have the industry/department that I was interested in. Other than that, the non-profit group was an amazing experience that I am very grateful for.

    Recommends
  7.  

    Those not at the executive level should look elsewhere

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

    I have been working at Marks Paneth full-time

    Pros

    Less micro management than some. Great location. Power structure defined by individuals, rather than a set protocol to go through

    Cons

    Variability in amounts of work and time commitment. Head down work culture. Benefits are minimal. Hierarchy is essentially credentialism and tenure.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Great People in Non Profit

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

    I worked at Marks Paneth full-time for more than 3 years

    Pros

    Work-Life balance can be managed well at this firm, employees are generally happy and easy to work with - generally.

    Cons

    Not as many "perks" as there used to be, salary is on the low end, partners do not interact very much below the senior level.

    Advice to ManagementAdvice

    Include lower level staff in reviewing upper level management

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    44% turnover in nonprofit sector.

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

    I worked at Marks Paneth full-time for less than a year

    Pros

    Good quick experience. Not much work or to learn.

    Cons

    Bad culture, Will fire most of staff (about 44%) after May 15th busy season. They hire staff again in September to save money.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    Decent...

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

    I worked at Marks Paneth part-time for less than a year

    Pros

    A solid internship- more of a tryout period to see how you function in an office environment. Definitely some of the best growth potential I've seen in an internship. Good pay as well.

    Cons

    Majority of the work was administrative, not much real accounting experience. I didn't really feel like I was making much of a difference and it was not stimulating in the slightest.

    Advice to ManagementAdvice

    Do a better job ensuring that the interns have real work, and enough of it. More client tag-alongs would be a big improvement, as only some interns had that opportunity. Also, the intern seminars were not very useful.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    OK to start out your career

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

    I have been working at Marks Paneth full-time for more than a year

    Pros

    Friendly staff, overtime for seniors and below, work/life balance

    Cons

    Benefits package could be better (no 401k matching), promotions tend to only happen when somebody leave the firm, no feeling of "one firm" (it could feel like you're just sharing rent with ppl outside your dept), base pay is avg but overtime can make up for it if you put in the extra hours

    Advice to ManagementAdvice

    Recognize your strongest players and compensate them accordingly

    Neutral Outlook
    No opinion of CEO

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