McGladrey LLP - Great company...poor money | Glassdoor
There are newer employer reviews for McGladrey LLP
There are newer employer reviews for McGladrey LLP

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Helpful (1)

"Great company...poor money"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Manager in New York, NY
Current Employee - Manager in New York, NY
Recommends
Neutral Outlook
No opinion of CEO

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

Pros

Good corporate culture, very relaxed on time availability and working remotely

Cons

Always restructuring, 1% promotions or raises, skills of support staff/departments are under utilized

Advice to Management

Provide incentives to ALL of your employees to get the best result

Other Employee Reviews for McGladrey LLP

  1. "Good accounting firm with a (sometimes) charming small town feel. Aspires to join big 4 ranks."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Minneapolis, MN
    Former Employee - Consultant in Minneapolis, MN
    No opinion of CEO

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

    Pros

    Colleagues were dedicated, kind and genuine. The culture was conservative, cautious and traditional. Several opportunities for training and development.

    Cons

    In order to raise profits consultant's bill rates were excessively and frequently increased. This affected employee morale. The ever-increasing unreasonable expectations meant that it became harder and harder to perform well. The rising bill rates often translated to clients either downgrading their projects, or hiring other firms. Hopefully bill rates have become more reasonable since 2009.

    Advice to Management

    FInd your market niche- does it really matter to be in the big 4? McGladrey has a small town, rural roots feel- why not highlight that as a strategic advantage? McGladrey employees have this same kind of feel, as if many were raised with small town values and moved to the city, but retained those hard-working solid and trust-imbuing values. The clients, even when wealthy, appear to have these traditional values as well. Clients may pick McGladrey because of its people. Why undermine this strategic advantage with imposing exorbitant bill rates? What's wrong with keeping bill rates reasonable and fair? Many McGladrey clients were raised to be conservative with money, and when it appears to them that the fees aren't reasonable or at market level, they may be inclined to take their business elsewhere. Employees try to bridge the gap in their work with clients, but they can only take it so far. High rates work against a potentially strong strategic advantage- it makes the client think twice about expanding their business with McGladrey.


  2. "Great people and good work environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Winter Tax Intern in Chicago, IL
    Current Intern - Winter Tax Intern in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at McGladrey LLP as an intern (Less than a year)

    Pros

    Decent hours
    Everyone is down to earth and the partners are great
    Very helpful managers
    Worklife balance exists
    Chicago location is nice
    Growing client base

    Cons

    Pay could be better
    Client base is limited to middle market companies. Don't expect to be working with fortune 500 companies.
    If you're looking for overtime as an intern, you won't get as much as you'd think

    Advice to Management

    PAY US MORE!!!! (lol, don't we all want that!)

There are newer employer reviews for McGladrey LLP
There are newer employer reviews for McGladrey LLP

See Most Recent

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