EY - Great company | Glassdoor
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"Great company"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Intern - Junior Auditor in Brussels (Belgium)
Former Intern - Junior Auditor in Brussels (Belgium)
Recommends
Positive Outlook
Approves of CEO

I worked at EY as an intern (Less than a year)

Pros

- Best culture out of the Big 4, very humane and tightly knitted
- Extremely dedicated and helpful senior management
- Heavy investment in their people

Cons

- Projects are not as interesting as those you could get in a top-tier consulting firm
- The promotion system is very rigid, and feels a little outdated
- Salaries are relatively low when compared to other industries such as investment banking or consulting

Other Employee Reviews for EY

  1. Helpful (4)

    "Assurance"

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

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

    Pros

    Great company to have on your CV, challenging work environment, mostly great colleagues to work with predominately outside this service line. Opportunities exist for secondment into other service lines/other areas of the business on occasions. Great work location over looking Tower Bridge especially in the evenings.

    Cons

    The company structure, service line and service offerings by EY are confusing despite management explaining that we 'broadly' sit within Advisory, other members of the firm are not quite sure. Salary does not match job role, length of service or breath of technological experience prior or during work at EY. Bonuses only started a couple of years back and despite over exceeding forecasted revenue for the year our department has so far only been rewarded once, the reward was below par. Also the only merit - Instant Rewards of £50 (vouchers) have been cancelled and replaced as of last year. Feedback occurs only in one direction hence from engagement to engagement you work with different managers/senior managers, year end review is based on feedback from these managers yet you do not have the opportunity to feedback upwards hence you could do fantastic work, deliver work of the highest quality, within the budget and on time, manage your activities efficiently, manage internal and external yet at the end of the engagement you can receive feedback and rating of 'unsatisfactory' because as most of your time was spent at the client site you were seen as 'not visible enough' at the office. There are better salaries in industry, pension scheme has just started this June the 1st only driven by regulation, besides all this the business is doing really well and has been engaged in millions pounds of engagements as of early this year alone but the drive to win tenders and provide work at discounted rates to client means that you can end up working inhumane unsociable hours without receiving a 'thank you', reward or extra time pay. Especially during the busy audit season (for example May 2013 - February/March 2014) you are not allowed to take any annual leave, if you wish to take your annual leave you have to plan and put approved space holders on the booking system else if you lose this chance then you have to jump through several hoops to book annual leave which is at the discretion of management. Promotion is based on years of experience as opposed to how well you do, no advice or information is provided on the characteristics you should display to progress except 'you should be working at the grade above'...which no one clearly understands. HR are useless, be prepared to show them your passport on several occasions after starting your job role.

    Advice to Management

    Change the feedback structure and criteria of how you promote staff, there should not be a culture where the liked individuals are promoted while rest are demotivated, work with HR to action this point. Flexible working policy exists within EY but why do most managers assume that if you have to work from home on a rare occasion that you are abusing the system and treating it like annual leave whilst this is not the case. Reward the individuals that work long hours (those who are single with no commitments), rewards those who work at EY but have commitments outside of work not just those individuals who exist in the 'favourite' group. Managers who copy and paste feedback for staff that they have worked with should be reprimanded not rewarded. The top heavy approach of employing more managers and less ground working staff exists the right way round in other Big 4, we should concentrate on building the brand via quality of delivery as opposed to sheer sales driven strategy and promote a culture where the actual field workers are demoralised, demotivated and unappreciated. First in and last out of the office does not necessarily identify efficient employees who have raised their visibility profile but have used the work of others and passed on as work conducted by themselves. Lastly learn from your mistakes, the working environment was far better couple of years back than it is now. Bring back the instant values reward, rather than rebranding completely maintain the 'Quality in everything we do' and rid the department of politics please!


  2. "good start for a fresher, sector a good area to start with"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    competitive salary in the industry

    Cons

    lack of work life balance

There are newer employer reviews for EY
There are newer employer reviews for EY

See Most Recent

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