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EY-Parthenon Reviews

Updated February 5, 2018
91 reviews

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4.0
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EY-Parthenon Parthenon Founder, Senior Managing Director Bill Achtmeyer
Bill Achtmeyer
53 Ratings

91 Employee Reviews

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Pros
  • Great culture - always someone you can ask (in 12 reviews)

  • Great people and great company culture (in 11 reviews)

Cons
  • Work-life balance, narrow sector focus (in 22 reviews)

  • Because you have obligations to two case teams with the two-case model, hours can get pretty long(especially during busy periods) (in 11 reviews)

More Pros and Cons

  1. "Phenomenal Growth Opportunity for those with an analytical mind"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Consultant in New York, NY
    Current Employee - Senior Consultant in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at EY-Parthenon full-time (Less than a year)

    Pros

    - great coworkers
    - interesting clients (I am in the private equity group)
    - fun office atmosphere
    - challenging and rewarding work
    - pay commensurate with other top consulting firms

    Cons

    - hire more (PEG groups are consistently overstaffed)
    - a bit too much bureaucracy from the EY side of the business

    Advice to Management

    Keep doing what you are doing and keep hiring and investing in great employees. The work is challenging but super rewarding. There is no firm or career that I would recommend over this one.


  2. "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Positive Outlook
    Approves of CEO

    I have been working at EY-Parthenon full-time

    Pros

    Office location, benefits, career development

    Cons

    work-life balance, low-level tasks such as transcribing interviews

    Advice to Management

    Leverage resources to give associates better learning opportunities.

  3. "Private equity consulting firm with wonderful people"

    StarStarStarStarStar
    • 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
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at EY-Parthenon full-time (Less than a year)

    Pros

    - Generally, EY-Parthenon people are great (especially those recruited through Parthenon, pre-merger). Nice, fun to work with. I genuinely like my colleagues, particularly at the Senior Consultant, Consultant and Associate level.
    - The salary is very good
    - We do have interesting PE projects - if you weren't working at breakneck pace on two at a time, they could even be enjoyable

    Cons

    - We are almost entirely a private equity consulting firm. While there are a select handful of people who get to work on longer-term strategy projects (typically in the education practice), nearly all of our project work is PE diligence. ~95% of my projects have been 1-4 weeks long buy-side or sell-side diligence.
    - These diligence projects involve almost no client interaction, particularly in the Associate or Consultant role. Most of the client interaction is listening in on conference calls at the beginning and end of a case.
    - You have very little choice of what sector to specialize in. There isn't enough work in enough sectors to choose what you would like to focus on. We're too small to develop expertise early, unlike other firms.
    - Double staffing (two projects at one time) is terrible. There are some "pros," but the cons far, far outweigh them. RUN, don't walk, away from double staffing.
    - Many of the case team leaders are weak managers, meaning staffing is like Russian roulette. (Pray for the good managers, but usually wind up with mediocre - or in some cases terrible - managers.)

    Advice to Management

    - Allow people to opt out of double staffing, if you can't get rid of it overall (management says there are people who like it, so those folks could continue)
    - Be more transparent about the amount and type of strategy work we do, and make it clear that most people will not have access to that type of work (in recruiting)
    - Hire more people so that there can be more flex in the system to allow people to work on the types of projects / sectors they are interested in - otherwise, people will leave
    - Provide more training for case team leaders, place more emphasis on the importance of upward feedback, don't promote people who are ineffective managers


  4. "Consultant"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends

    I have been working at EY-Parthenon full-time

    Pros

    Very good company to work for

    Cons

    None at all at this time


  5. "Worth it"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Exceptionally diverse industry exposure compared to peer firms. Truly wonderful people. Parthenon takes the "Nice" in "Smart. Nice. Driven." very seriously. The firm invests a lot in mentorship. You will feel challenged here.

    Cons

    Brutal hours. Double staffing (two projects at a time) is the default. Unreasonable expectations, and having to compromise on work quality, both take a toll on morale. Little to no client exposure for most projects.

    Advice to Management

    Sell only as much work as you can staff reasonably. As Parthenon scales, invest in full-time staff for recruiting, D&I, and other internal initiatives like our larger peer firms do.


  6. "Smart, Nice, Driven, and Okay"

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

    I have been working at EY-Parthenon full-time

    Pros

    People are all incredibly smart and you get tons of exposure to different industries

    Cons

    People aren't exactly fun and there is a big insistence on others seeing you work hard

    Advice to Management

    Care about results over process


  7. "Good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at EY-Parthenon full-time

    Pros

    Really great company with great values

    Cons

    Could improve work life balance

  8. "Great place to learn and work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at EY-Parthenon full-time (More than a year)

    Pros

    Parthenon was a great experience. I had the opportunity to work with incredibly smart people who were engaged in the work they were doing, and generous with their time as new employees learned the ropes. Parthenon taught me skills that have been extremely useful in subsequent roles.

    Cons

    The lifestyle is not for everyone, which is not unique to Parthenon but common in the industry.


  9. "Was good"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Approves of CEO

    I worked at EY-Parthenon full-time

    Pros

    I enjoyed working there. Leadership is good and the culture is great

    Cons

    It is a large company so some of the red tape can feel exhausting.


  10. "Associate"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at EY-Parthenon full-time

    Pros

    The compensation is generous and you will get to do many projects.

    Cons

    Hours can be fairly long.


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