Macy's Internal Audit Reviews | Glassdoor

Macy's Internal Audit Reviews

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Internal Audit

2.7
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Macy's CEO Jeff Gennette
Jeff Gennette
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  1. "Supervisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Internal Auditor in Tampa, FL
    Former Employee - Internal Auditor in Tampa, FL
    Negative Outlook

    I worked at Macy's full-time (Less than a year)

    Pros

    20% employee discount plus additional 20/20 events
    flexible scheduling

    Cons

    low starting pay rate
    very high attrition rate

    Advice to Management

    specific to the call centers: hire and promote from within. a dedicated team member who has devoted years of service to the company and shown true loyalty will be a better manager than a 22 y/o with a BA in Communication or Management that is only going to use your role as a stepping stone to a higher paying job within 1-2 years


  2. "Nice coworkers, no training,high expectations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Internal Auditor
    Current Employee - Internal Auditor
    Doesn't Recommend
    Neutral Outlook

    I have been working at Macy's full-time (Less than a year)

    Pros

    Laid back atmosphere
    Good perks
    Good pay
    Easy hiring process
    Nice building

    Cons

    Almost non existent training, not appropriate to job functions
    Managers will be nice but won't help you with your job
    Bad benefits
    High turnover
    Very stressful

  3. Helpful (2)

    "Internal Audit"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Internal Auditor in Cincinnati, OH
    Former Employee - Internal Auditor in Cincinnati, OH
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    The travel can be fun and exciting if you're into that, and it is usually to interesting places. You build some good relationships with some of your co-workers. The work-life balance is pretty good, however the downside is the pay (see cons).

    Cons

    Where to begin? The internal audit department overall is just flat out inappropriate and needs to grow up.

    While the senior management can be knowledgeable and friendly at times, they can be very petty and will throw you under the bus for pretty trivial things (sending out emails without them reading it first, not attending 'team dinners' etc). Things can easily get taken the wrong way, and associates generally have little to no rebuttal during reviews/annual reviews. Some of the co-workers are really great people, however, there seems to be a sense of cliques. Also, some co workers are hellbent on promotions rather than working together and making the place better. Lastly, I hate to say this, but I almost got the feeling that certain people are labeled as favorites due to their sexual preference (think this is a fashion/clothing company, you can probably guess).

    The pay is way way below market rates. While you're not destitute, HR had a meeting with the dept. claiming they did a study to show Macy's is competitive. That may be true in comparison to other retailers, but they need to realize that they are losing good talent rapidly to outside companies in cincinnati (GE, Great American, fifth third, big 4... for accounting/audit jobs - the real competition). The benefits were downgraded in 2015, and this even spurred quite a bit of turnover (even more than usual) including my departure.

    Lastly, the travel. This may be a pro for some, but travel can be wildly inconsistent from year to year that it gets in the way of life.

    Advice to Management

    I'm honestly not sure how to fix this all. My best guess is to start with 'tone at the top' and take a good hard look at all who is running the show and note how they lead as examples.