Yeo & Yeo Reviews

Updated January 16, 2015
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3.2
16 Reviews
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Yeo & Yeo President and CEO Thomas Hollerback
Thomas Hollerback
6 Ratings

Employee Reviews

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  1. Helpful (1)

    Great place to work!

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Yeo & Yeo full-time (more than a year)

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

    Pros

    Overall great benefits, pay, and vacation time. Firm really focuses on putting clients first and serving them in the best way they can. They also highly stress community involvement with different non-profits or organizations, which is great. They have employee development inside the firm and they are open to self-development trainings outside the firm as well. Co-workers are willing to train new employees and are good at making them feel welcome and including them in events.The partners are not just on a partner to partner communicating level, but a partner to staff communicating level as well. They have created a great open door policy and actually stick to it. Vacation time is generous for starting staff and they are generally pretty flexible with you taking time off.

    Cons

    Work hours can get long during the busy season - which is typical of any accounting firm during tax or audit seasons. However, you are able to bank or get paid out for any overtime hours, which makes for a great incentive.

    Yeo & Yeo Response

    Apr 15, 2015President & CEO

    Thank you for taking the time to share your thoughts about the firm. It is great to read about the author’s enthusiasm for working at Y&Y. They did a great job at articulating the benefits and ... More

  2. Helpful (1)

    Very professional work environment

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

    I have been working at Yeo & Yeo

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

    Pros

    Employees are treated in a professional manner by management and their peers. Employees are given many opportunities for training and personal development. Growth, while serving clients' needs, is the firm's priority.

    Cons

    Many employees must work overtime.

  3. Disappointing, but not bad for public accounting.

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

    I worked at Yeo & Yeo full-time (more than 3 years)

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

    Pros

    Each office is different, but in general, very collegial environment among young staff and senior accountants. HR (mostly done by one person) is good, but not empowered to make real change within the organization.

    Cons

    The typical complaints of CPA firms (busy season hours, tedious work, etc.). On top of it, the leadership of this firm seems to be a bit "old school" in terms of management style. More innovative and progressive principals are silenced and instead the "old boys club" perpetuates a culture of 1970s management. This is clear even upon comparing the company website to that of other firms; much is lacking, even for a firm its size. Workplace culture is huge, so this can be a big problem; there's a major problem with cultural competence and dealing with people who are not white, Christian/Catholic, heterosexual, etc. among employees and clients.

    Advice to Management

    Look into new and innovative ways to address the problems common among public accounting. Pursue gender equality in pay, provide mandatory diversity training, develop affinity groups, formalize the mentoring program, take proactive steps toward addressing valid employee complaints/suggestions, change evaluation system from top-down exclusively to also bottom-up evaluations (e.g., let employees evaluate principals and give credence to their evaluations). Generally, much can be done to enter the 21st century and improve the work climate.

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  5. Neutral

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

    I have been working at Yeo & Yeo full-time

    Recommends
    Negative Outlook
    Disapproves of CEO
    Recommends
    Negative Outlook
    Disapproves of CEO

    Pros

    Great benefits, great people to balance life with

    Cons

    Leadership lacks direction, very poor communication of expectations, CEO out of touch with reality

    Advice to Management

    Work on communication and true open door policy.

  6. Family oriented company that wishes to see it's employees succeed and grow.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Staff Accountant in Saginaw, MI
    Current Employee - Staff Accountant in Saginaw, MI

    I have been working at Yeo & Yeo full-time (less than a year)

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

    Pros

    The benefits are extremely good and are provided at minimal premiums. The company recognizes talent and the Partners are encouraging to pursue further education and certification. The firm places great emphasis on a work-life balance and is very family oriented. Co-workers make sure to include you in events and make you feel welcomed from day one. Overtime hours are allowed and may either be banked or paid at your respective wage rate which is very hard to find in the accounting profession and is a major perk.

    Cons

    Tax season hours are typical for any accounting firm, but the firm balances this with an excellent policy regarding overtime hours worked.

    Advice to Management

    Keep the focus on family orientation while growing and expanding the firm.

  7. Yeo & Yeo has a great work environment and the all-around benefits of being an employee of the company are priceless.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Staff Accountant in Midland, MI
    Current Employee - Staff Accountant in Midland, MI

    I have been working at Yeo & Yeo full-time (more than a year)

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

    Pros

    Employees are developed personally and professionally within and outside the company. The salary structure with the comp. days & all of the additional benefits (PDO, insurances, etc.) is above and beyond almost all other employers. The firm gives you the ability to volunteer during business hours at many different non-profits.

    Cons

    A few challenges that come with at any public accounting is balancing the workload and personal time during the busy hours.

    Advice to Management

    Try to further develop the mentor-mentee program. There are so many things to learn, like billing, account management, business development, etc., however there are not too many guidelines that new and up-and-coming employees can follow. A mentor would be an excellent person to "show-the-ropes" to the new employees.

  8. YEO & YEO employment evaluation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Receptionist in Kalamazoo, MI
    Former Employee - Receptionist in Kalamazoo, MI

    I worked at Yeo & Yeo part-time (less than a year)

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    some people are very nice

    Cons

    some employees dont do their work they are supposed to, and blame it on anyone else

    Advice to Management

    fire most of the front area staff

  9. It's all about profit for the principles - they don't walk the talk when it comes to caring about employees

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

    I worked at Yeo & Yeo full-time

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

    Pros

    Good salary, compensated for exorbitant amounts of overtime, youthful (due to high turnover).

    Cons

    Management is heartless capitalists who only care about the bottom line. Layoffs are commonplace, turnover is high, pressure is high, the only motivation is for personal profit (nothing rewarding in the work). The culture is one of competition and fear. Each office is different, but a general theme of treating employees like low-skilled wage slaves is commonplace. Although salary and benefits may look decent at first, the company will do as little as necessary when it comes to these things. Management is all old, white men (with a few submissive women in the mix) and is completely old school. I imagine board meetings are similar to boards of firms in Birmingham Alabama in the 1950s. Public accounting in general has its negatives, but this place is just terrible.

    Advice to Management

    A few things that might help include actually caring about your employees as people, taking an interest in and investing in their success and well-being. Rather than looking at employees as replaceable labor, invest in teaching employees the culture and values of the firm and growing strong leaders from within.

    That said, the firm needs a major cultural transformation. Gender equality, racial diversity, work-life balance, flexible scheduling, having trust in employees who you select to hire, respecting differences, offering stability, finding ways to avoid overworking people, etc. Little perks like offering meals for employees when they come in for overtime (Saturdays), providing gym memberships, sponsoring outings, etc. Many of these changes will be beneficial for employees, but also economically beneficial in how productivity will increase.

    Yeo & Yeo Response

    Aug 25, 2014President & CEO

    I am disappointed that the perception of this former employee was so negative. I would welcome a chance to talk to you in person to sincerely listen to the variety of items that you brought up. My ... More

  10. Helpful (1)

    Terrible company without positive attributes

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Staff Accountant in Saginaw, MI
    Former Employee - Staff Accountant in Saginaw, MI

    I worked at Yeo & Yeo full-time (more than a year)

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

    Pros

    None that I can think of. Unfortunately this company does not care about employees and chooses to pit them against each other in a game of chicken.

    Cons

    Healthcare, the principals in charge. I think this company is very behind in terms of technology and the glowing review here was clearly written by someone being paid to do so. Unfortunately, Yeo & Yeo is like a small town where they gossip about you behind your back and then are nice to your face. Be careful if you choose to work here.

    Yeo & Yeo Response

    Aug 25, 2014President & CEO

    I understand that it is hard to be objectionable after being let go. I also know that it is hard for me to be objectionable because I am certainly bias in the positive direction. Everyone is ... More

  11. Good company for established accountants

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

    I worked at Yeo & Yeo full-time (more than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good benefits. Good people. A lot of opportunity.

    Cons

    Horrible training program, no plan for new employees. Expectations are not always made clear.

    Advice to Management

    Train employees from day one in regards to expectations. Work on comprehensive examples to help employees learn software prior to them working in said software.

    Yeo & Yeo Response

    Jun 23, 2014Director of Human Resources

    Thank you for taking the time to review Yeo & Yeo. We appreciate the objective feedback you have provided and will take it into consideration as we continue to development communication tools for ... More

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