EY Reviews in United Kingdom | Glassdoor

EY UK Reviews

Updated October 6, 2017
74 reviews

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  1. "Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Comp & Benefits
    Current Employee - Associate in Southampton, England (UK)
    Current Employee - Associate in Southampton, England (UK)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Family atmosphere is very strong

    Cons

    Salary is below all other Big 4 firms and some mid-tier firms in Southampton


  2. Helpful (6)

    "Build a Better Working Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate - Advisory in London, England (UK)
    Former Employee - Senior Associate - Advisory in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Nice London offices

    Lots of soft skill learning available

    Business services are responsive and helpful

    Powerpoint skills are now through the roof. You will learn how to align all the shapes.

    Cons

    If you are hired as an experienced professional, then it doesn't matter what you did previously, you will be put on whatever engagement is available across the advisory business and that can be anywhere in the UK/abroad on short notice for long periods of time. It usually works out as a horrible game of pass the parcel, so make sure you have a good reason ready to try and avoid it being you

    If you do not have a Partner who will back you up, you are at the mercy of the resourcing staff.

    When you are parachuted into a completely new subject area, if you succeed, then it's EY's success, if you struggle then it's you the individual who is to blame.

    If you try and avoid that situation, you are called 'inflexible' and placed onto a Performance Improvement Plan 'to improve your consulting skills' i.e. the art of winging it when you don't know the subject area.

    If you try and tell your Counsellor or Pod Director you are in the wrong team as you are being put on engagements that are not relevant to your experience, then you will be reassured and then ignored. See previous paragraph.

    Team mates/colleagues will point blank ignore you before and after you have served a specific purpose that benefits them. Be ready for plenty of awkward lift rides.

    As such, there is next to no team spirit. EY have recognised this by trying to assign each other 'buddies' and 'family trees' forcing people to try and become friends with each other.

    Your half year and year end reviews happen in a meeting you are not invited to. The scores you collate from your peers are rejected and your actual performance is decided by people who have next to nothing to do with you.

    I didn't actually learn anything new about my subject area during my time with EY. I solely relied upon my previous knowledge (when it was even relevant to my work).

    Cheaper to eat outside as the canteen has no price reductions.

    Advice to Management

    Be more honest with people during the recruitment process. I felt like I was totally mis-sold EY and the role I would be undertaking.

    EY approached me about joining a specific team and undertaking specific projects. I was placed into a different team with a different skillset and every project I was placed on, my engagement team expected skills that I had never done before, making me partially useless.

    Play to individual's strengths, don't just try and turn them into a generalist consultant and putting them into awkward situations with big clients.

  3. "Is it worth it?"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Edinburgh, Scotland (UK)
    Current Employee - Associate in Edinburgh, Scotland (UK)
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Good career prospects if you leave

    Cons

    You are expected to work long hours, including weekends, with awkward holiday restraints in place for much of the year. The hours continue all year round with no quiet period.

    Salaries are below the market rate for other Big 4 firms in Edinburgh.

    There is a lack of exposure for junior staff.

    There are very few perks for such a large firm, including poor internal training.

    Advice to Management

    Raise salary to market rate
    Address working hours variation across teams


  4. Helpful (1)

    "No Work-Life Balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior in Manchester, England (UK)
    Former Employee - Senior in Manchester, England (UK)
    Doesn't Recommend

    I worked at EY full-time

    Pros

    I got to work with some young talented people that would contribute to great team work

    Cons

    Unrealistic deadlines set by seniors, under-staffing made these deadlines unrealistic. there was a high turnover of staff so employees knew very little about the client base. Clients grew frustrated and the issues mentioned above resulted in employees working a lot of overtime throughout the year to which it was not compensated (no overtime pay), working most evenings and weekends. I finally resigned and became a lot happier

    Advice to Management

    Management need to focus on employee retention through support of employees rather than focusing on obtaining more clients without sufficient resources.


  5. Helpful (1)

    "All about who you know..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Consultant in London, England (UK)
    Current Employee - Senior Consultant in London, England (UK)
    Recommends
    Negative Outlook
    No opinion of CEO

    I have been working at EY full-time (More than 3 years)

    Pros

    - Strong support network (people/resources)
    - Flexible work/life balance

    Cons

    - Opaque performance review process
    - Project resourcing based upon who you know, and being in right place and right time
    - Little say on what projects one takes on (was repeatedly assigned roles not suited to me)
    - Poor benefits (healthcare scheme not inclusive compared to competitors, no bonus for all staff for previous 2 years)
    - High staff turnover

    Advice to Management

    Encourage partners to do more to retain staff


  6. "Senior Transfer Pricing Analyst (Financial Services)"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in London, England (UK)
    Current Employee - Senior Analyst in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Well known brand in the market. You will have contact with experts in your area, including people who just joined from the HMRC. Work from home policy is generally okay, specially from manager level (more restricted to Seniors and below). Colleagues are usually nice, and stick together. You'd have a better experience if working for the Asset Management team or the Insurance team.

    Cons

    One of the most toxic environments I've ever seen. I worked most of the time with the Banking team. Both leaders are very complicated characters: I) one is absolutely bipolar and people are afraid to speak to him about his own projects as one never knows when he would shout at you or make a joke; ii) the other one is struggling to make partner and killing everything on his way. He has no respect at all for people's private life and free time, and absolutely delusional expectations that could only work out if you were a robot and had no need for sleeping or using the toilet - however they impose it as standard, making people feel bad about themselves on a constant basis. Sadly as it sounds, they are raising people in the team who follow the same mindset. At the senior consultant level, the rule is to play the manager role, deliver at the best quality but only charging half of your time and spending extra-time in the office to cover up for the time you could not charge, so we all burn out pretty quickly. Turnover rate in this team is ridiculous. Team shows no appreciation for the extra time dedicated, which they take for granted, specially if you're not married and do not have kids.

    Advice to Management

    Get your hands on to make FS TP Banking a more enjoyable team to work with. Hire a partner or director who actually cares about the team and about developing people. Make people values effectively count for something.


  7. Helpful (2)

    "Typical Big 4 firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Manager in London, England (UK)
    Former Employee - Senior Manager in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at EY full-time (More than 8 years)

    Pros

    Good talents to work with, good opportunities if you know the right people. Nice office location. Pay is on par with market although bonus is a waste of time.

    Cons

    You can spend 8 years working really hard and sacrificing personal time for them to help enable a 20% growth each year. At your final year when the economic situation meant that revenue growth is at a "paltry" 11% instead of the usual 20% they toss you out on your ear with no explanations except that you are no longer relevant.

    Advice to Management

    Treasure your good people and pay them properly.

    The payroll team messes up everyone's salaries every year so there's always the annual shock of receiving letters from HMRC about £x,xxx of underpaid taxes.

  8. "Curate's egg"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in London, England (UK)
    Former Employee - Director in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Access to top clients, working with bright and intelligent colleagues. Good chance to branch out from initial field of specialism into something completely different.

    Cons

    Extremely political environment where good work performed does not necessarily equate into success on the job. Internal competition for the same clients, propositions and staff. Clusters of non-performing Partners kept on

    Advice to Management

    Weed out the non performing leaders and concentrate on getting out to the market. For a firm that stresses its people values, in my time, they were conspiciously absent.


  9. "Not the professional, in depth knowledge pool you'd expect."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Director in London, England (UK)
    Current Employee - Assistant Director in London, England (UK)
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great brand, great locations and infrastructure. Seen as a major player in my industry sector. Trusted brand. Some great opportunities if you fit the bill and can live with the politics.

    Cons

    Partners are clearly only interested in themselves. Not really practising what they preach in terms of flexible working. Not much technical depth / expertise and too much focus on audit. Lots of inter departmental tension at the partner level.

    Advice to Management

    Streamline the promotion process. It's getting in the way of doing the job.


  10. "Audit senior"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Audit Senior in London, England (UK)
    Current Employee - Audit Senior in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at EY full-time (More than 3 years)

    Pros

    Big 4 and training contract given

    Cons

    Work life balance during long periods of the year

    Advice to Management

    Listen to employees


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