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

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  • 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 RSM 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.

Other Employee Reviews for RSM

  1. "Great people and good work environment"

    StarStarStarStarStar
    • 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 RSM 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!)


  2. "Great Company for Accountants"

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

    I worked at RSM full-time

    Pros

    Large company with good benefits. Good reputation as a top notch accounting company.

    Cons

    Anyone without an accounting degree will have limited opportunities for advancement, even though there is a technology consulting division. Very difficult to network because of the size and the separation between divisions.

    Advice to Management

    Provide a referral bonus to employees that bring in the technology consulting group to current customers.

There are newer employer reviews for RSM
There are newer employer reviews for RSM

See Most Recent

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