Disappointing experience - Assistant EY Employee Review

1.0
Nov 18, 2017
Recommend
CEO approval
Business Outlook

Pros

It's hard to find pros in a company that never walks the talks. Some dedicated shopping discounts provided by the benefit package. Salary is paid in time. Additional time-off for personal heathcare. I got the chance to meet some good people, delivering good services to clients.

Cons

No team culture; Some people are definitely not dedicated to clients but just to personal affairs; The partner rarely shows up to the client for business development activities; Top management seems interested in getting personal credit instead of helping junior staff's growth; Some managers behave selfishly though their incompetence is self-evident; Managers coming from banks don't have any consultant attitude: they leave at 5 pm, they don't care about their team's work, they waste their time on sport/newspaper websites all day long, they are not respectful of clients. They are aware of their poor job so they flat-out lie in order not to get caught. At the same time, they are protected by their internal sponsors (partners), so if you report their behaviours, nothing will happen. To put it in other words, they are focused in stealing money (very good money, according to their high salaries) from the company. In addition, they don't know how a feedback system works.; Bad recruiting process, as poorly-skilled people is hired with a senior manager rank; Meritocracy is not the most important driver in promotion (with some exceptions); My job was very poor with contents as I had always to do loads of slides with little added value. I was left alone by my manager, with no support on how to lead the project. You don't learn much and career opportunities outside EY might be few if you don't leave as soon as possible. If you stay, you need to hope for promotion, otherwise your career will end up soon and they will try to make you leave. Overtime not paid. No International opportunities in fso advisory service line. Frankly, there is an wide gap between what I was told by the recruiter and what I saw on the job.

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Pros

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Cons

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5.0
Feb 21, 2018
Recommend
CEO approval
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Pros

1. You will have a very hard time not falling in love with every single person you meet there. 2. Seriously, you will meet your soul mate(s) there. 3. Prestigious and looks great on the resume. 4. Your brain will grow a thousand times more powerful. 5. Forces you to conquer your fear of public speaking. 6. Fun team bonding and lifelong friends. 7. Stepping stone to high paying jobs. 8. Helps you work on perfecting your charm. You will learn from the most charming people how to really get people to like you. 9. HR really cares. 10. Big support network (IT, creative services, etc.). 11. Teaches you to be calm and in control.

Cons

OK, I'm going to be discussing all the taboo things, and there are a lot of them. In spite of these cons, I still admit it's worth a five star rating. 1. High performers are "designated" (you have very little control over your rating) by the partner group (can be a pro if you get selected. Seriously, I have worked with some of the supposed "fives" and they are not any different than my threes and fours. 2. Quality is extremely low. Sometimes I felt like I was working at McDonalds and not a professional services firm. The emphasis is on getting through work as fast as possible and expectations for quality are not realistic. 3. EY has a very hard time firing bad employees. If you get stuck with one it can be a nightmare. 4. EY has a heavy emphasis on wasting time. For example, there are lots and lots of checklists which have no value that you have to fill out. Also, they wasted money and time on creating "Canvas" which is literally slower and more awkward than the previous workspace tool, GAMX. There is a heavy emphasis on "reinventing the wheel" and fixing problems that aren't broken with even worse solutions. Instead of wasting money on useless tools, that money could have been spent on your employees in the form of compensation. Like I said, EY is really focused on attempting to look as though value is being created when in fact it is not. 5. Lots of meetings. Appearances are very important. 6. Employees on global 360 accounts get better treatment. 7. Some employees (executives mostly) tend to overemphasize how important this work is. Let's face it, if it was really glorious work then we would have action figures. 8. Looks are very important. Seriously, if you are a girl, you will get promoted based on how hot you are (the quality of your work is largely unimportant). If you are a guy, you are treated a little better but there is still a sexist undercurrent in the environment. This is advice you won't get from HR obviously, but that doesn't mean it isn't true. 8. You will be forced to eat hours. 9. Your ethical compass will start to get weaker. 10. You will get a little cynical. 11. Lots of driving and travel. 12. "Family men" and married couples with children are more likely to be promoted. If you want to be a partner, you have to be married (few exceptions). 13. You will work on vacations. 14. Loss of relationships with family and friends. 15. Some backstabbing and credit-stealing (but not very common). 16. Comp is below market but that's to be expected. 17. Employee retention is not something management is interested in. This makes you replaceable and expendable (yes even as a manager, unless you have been "designated" as a high performer by the partner group).

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