KPMG Reviews in Los Angeles, CA | Glassdoor

KPMG Los Angeles Reviews

Updated May 20, 2017
136 reviews

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Los Angeles, CA Area

4.0
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KPMG CEO Lynne Doughtie
Lynne Doughtie
4 Ratings

136 Employee Reviews

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  1. Helpful (4)

    "Not a good place to start right out of college"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Audit Associate in Los Angeles, CA
    Former Employee - Audit Associate in Los Angeles, CA
    Doesn't Recommend

    Pros

    Good pay, GREAT vacation time. Trainings are always fun.

    Cons

    Very little diverstiy and support from Management. Horrible work life balance. Very little recognition and feedback. Fairness & respect isn't something that is given outright. Most associates do not last more than a year or two. The lifestyle and the hours are very demanding. Expect to be at work for more than 12 hours a day and weekends, if required. Make sure you get along with your PM because they hold your career in their hands. Would not recommend working at this company to anyone who is at all unsure of their future career goals.

    Advice to Management

    Be more supportive of associates. Work can be very stressful at KPMG--make sure that your associates are happy. If they are not, the overall audit work produced will suffer.


  2. Helpful (5)

    "KPMG - A package that one should not touch with a 10 foot pole"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Advisory Associate in Irvine, CA
    Former Employee - Advisory Associate in Irvine, CA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Looks good on CV. Overall as one of the Big 4 it helps open doors in industries. You can make good networks.

    Cons

    Choosing to work in KPMG is a downside. Everything is a big fat lie. The whole work like policy is a joke. Internal politicking is rife. Managers are ignorant buffoons who do not even know their heads from their behinds. Partners are worse.

    you have to fight for projects. Managers form their own dog groups and its hard to get out of a group and get projects. Internal transfers, assignments and rotations are hard to get by. All the stuff that is said in the HR presentations is just gimmick.

    The salary package is the worst. The lowest paid of all the big 4 and they try to compensate by showing the great added benefits. Hog wash

    Advice to Management

    Get a life. Treat your employees with respect. One day these employees will be ruling over you.


  3. Helpful (1)

    "I do not know who Mike Wareing is."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Advisory Manager in Los Angeles, CA
    Current Employee - Advisory Manager in Los Angeles, CA
    Doesn't Recommend
    No opinion of CEO

    Pros

    Experience and learning opportunity when your young

    Cons

    Low Bonus, Lack of Respect for the Individual

    Advice to Management

    Learn to show employees the same level of loyality that they show Senior Management. Have respect for the individual.


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  5. Helpful (5)

    "Long hours, stingy salaries, unreasonable project deadlines, and stressful work environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Audit Associate in Los Angeles, CA
    Former Employee - Senior Audit Associate in Los Angeles, CA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Working for KPMG proves that you are a strong candidate with the ability to roll up your sleves and get the job done. You also get access to the books and records of some very reputable clients that provide meaningful experience for your career later on down the line. The other professionals working with you are you're greatest resource and are exceptional friends and colleagues.

    Cons

    Prepare to have no life outside of work. Never in my life could I have ever imagined working this much. You work on weekends, sometimes 7 days a week, often times without charging the time or getting recognized for putting in the effort to meet unreasonable budget and time deadlines that your managers will never commend you on. Prepare for 40-55 hr work weeks during summer and 80-100+ hr work weeks from September-April.

    Your clients will never be pleased to see you, no matter how good you are, and they will in fact make that known to you at all times. Some are often very difficult to work with or get the right information from.

    On top of everything, the salaries they are offering are much lower than the mid tier firms for some unknown reason and when you calculate the number of hours you put in compared to your pay you might be making somewhere near $12/hr while they charge the client $350/hr for your services.

    They give you 25 days PTO but implemented 7 days of mandatory PTO, further reducing your paid vacation/sick time to about 18 days. Its not uncommon to get bad performance reviews for taking PTO at times that are not advantageous to the firm. For example, if you book a vacation a year in advance and due to client push back the engagement doesn't finish on time but you leave for vacation, that will negatively be frowned upon no matter how out of your hands the situation may be.

    Advice to Management

    There's no upper feedback channels from senior associates no matter what you may say or claim to be a "senior council". Everyone is overworked and underpaid and it really shows how top heavy and selfish the partnership group is. Not exactly sure why anyone would want to choose this as their career if they knew what they were getting into. By the way, good job on managing your earnings this year and implementing mandatory minimum 10 hour work days during our supposed summer "slow-time" to speed up the revenue recognition. How's that for ironic.


  6. "Review of KPMG Audit"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Audit Associate in Irvine, CA
    Current Employee - Audit Associate in Irvine, CA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Good training and looks good on resume

    Cons

    Everything else - management are liars, reviews make no sense, performance evaluation process is unfair.

    Advice to Management

    Have integrity and treat employees better.


  7. Helpful (2)

    "watch out"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate Intern in Costa Mesa, CA
    Former Employee - Senior Associate Intern in Costa Mesa, CA
    Doesn't Recommend

    Pros

    Is willing to accomodate those without pedigree degrees
    Open to listening to your concerns

    Cons

    If your not qualified to be a consultant this is the place for you.
    Very political
    Does not spend money on its employees

    Advice to Management

    You will always be the 4th of the Big 4 if you dont start spending money on your most valuable resource....your employees


  8. Helpful (7)

    "Mountains of unappreciated work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Auditor in Los Angeles, CA
    Former Employee - Senior Auditor in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at KPMG full-time (More than 3 years)

    Pros

    Name recognition on the resume

    Cons

    Tremendous workload, terrible deteriorating client base, sneaky backstabbing culture.

    Advice to Management

    Stop lobbying washington for stricker regulations, you provide your clients zero value in the external audit practice.


  9. Helpful (8)

    "Long hours, management plays favorites"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in Los Angeles, CA
    Former Employee - Financial Analyst in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    To be fair there are many benefits to working for a Big Four accounting firm. You will learn a ton of new information and you will grow as an employee. Employees get to work with many talented people. Not to mention a job at a Big Four looks great on your resume.

    Cons

    On the downside, if you look at the Best Places to work lists - you will find KPMG either listed below every other Big Four firm or completely absent from the list. Top management can make all the excuses they want but it comes down to two primary issues.

    Management loves to take credit for success but blames underlings for failures. Either way you aren't going to share in the money pouring into the firm.

    Second, management likes to play favorites and no one seems to be willing to reel these managers in. Companies need to be able to show why one employee was promoted over another and in many cases a halfway good lawyer could prove that this was not the case.

    Over the years I watched countless talented employees jump ship to the other Big Four Accounting firms. As a result, many people who do remain and work up to Partner or Principal aren't the best and brightest. The few fantastic partners/managers remaining have a very long list of employees trying to get into their group.

    If you find yourself working for this firm and want anything other than a very, very slow climb to the top - take as many classes as you can and constantly look for a position at one of the other Big Four Accounting firms. Many people I know jumped ship with their manager to a new firm and even entire departments have left together.

    After working one too many 100+ hour work weeks for this firm I left and I would argue that any firm that loses an entire Practice group to a competitor - isn't some place you want to be long term.

    Advice to Management

    Take care of your employees with technical expertise! Seriously, how many people need to leave before you get the message? There are some groups with lazy and vacuous employees running the show - all competent employees have left. The support groups are no better and in one case on the West Coast the employees constantly post pictures of themselves skipping out of work early and drinking. In this economy you can't hire someone who actually wants to work - really?


  10. Helpful (1)

    "Sr Associate Credit Risk"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate in Los Angeles, CA
    Current Employee - Senior Associate in Los Angeles, CA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    You learn how to deal with office and colleague nuances.

    Cons

    politics, partner trying grab resources from each other, really bad work life balance. Lot of favoritism.

    Advice to Management

    You batter fix your own processes before going to advise someone else.


  11. Helpful (4)

    "Where software developers go to die"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Developer in Seal Beach, CA
    Former Employee - Senior Developer in Seal Beach, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at KPMG full-time (More than 5 years)

    Pros

    Generous PTO time and the ability to use it.
    Relatively stress free work environment if you are not interested in career advancement
    Jump-start gives you an extra 2 hour start on your weekend during the summer months.

    Cons

    You will only be promoted or recognized if you are part of management's "favorites club" irrespective of the quality of your work or if you actually do any useful work at all.

    Management has a 'blame the victim' philosophy when it comes to performance, career advancement, or any other question. No matter what issues you attempt to discuss, they will always attempt to spin it as something you are failing to do but on the other hand can never explain what that something actually is. For someone who is naturally introspective and engages in self evaluation this just feels like a cop-out on managements part.

    If you are proactive about seeking advice or assistance on some issue and you are not part of the special club management will use that against you in performance ratings.

    Performance and promotion standards are opaque. upper management is completely incapable of articulating how they judge your performance or fitness for a particular role.

    Outdated technology. Your skills will wither if you don't keep up with stuff outside of work.

    Training is a mixed-bag. You may be able to get some training but whether you can use it is another story.

    There is no enthusiasm for the products either within the business unit or the development team.

    KPMG as a whole is a company that doesn't seem to understand itself. Upper management wants to treat every employee like a replaceable cog in the big reverse-hotelling machine. There are a multitude of different 'companies' within the larger firm and those differences should be encouraged - not stamped out.

    Advice to Management

    Learn how to manage people.
    Give people career options.
    Be truthful, don't try to spin.
    Stop playing 'guess my secret' when it comes ratings and performance.
    Change the performance rating system...KPMG is too big and diverse to use a one-size-fits all model.


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