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1 person found this helpful  

Could do better

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Senior Associate
Current Employee - Senior Associate

I have been working at KPMG US full-time for more than a year

Pros

If you have the right PML, you have a good chance of being promoted and getting decent salary increases. Again, if you have a good PML you will learn a lot and be exposed to the right members of leadership.

Cons

Promotion bonus was $950. What's to strive for when a promo bonus is that small? The "high performance culture" is a joke.... You have people working their butts off to be a high performer and then there's people who do just enough to get by and are rated the same and/or promoted.

Advice to ManagementAdvice

Pay your employees better, be more transparent about the review process. Focus on ALL your employees not just CSD.

Recommends
Neutral Outlook
Approves of CEO

Other Reviews for KPMG US

  1. 1 person found this helpful  

    Not so great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Associate  in  Stockholm, Stockholm (Sweden)
    Former Employee - Senior Associate in Stockholm, Stockholm (Sweden)

    I worked at KPMG US full-time for more than 3 years

    Pros

    Young crew, make lots of friends in short time with work related activities. Until after new year because then...

    Cons

    You work, work, work. However no overtime pay. Even though there is an agreement with the union that you have the option to choose overtime payment which is 100%, equals= (monthly salary/160x2=320 swedish kronor/hour overtime) instead of a the "bonus" which no one except a few know about.

    Pro tip: Choose the overtime pay next time you have your yearly review, demand it you have the right! It will work out as following. You will lose one week of vacation and your "bonus" which you have to stay until november to get. Instead you will get overtime pay from the first hour you work overtime no matter what you do! Be it "internal" project which generates NO pay but "internal" recognition which you know is "useless" except for the few who manage to stay until partnership. You do the math how much of a difference it would do for you

    Advice to ManagementAdvice

    You know what you SHOULD do, but you want to keep your low taxed partner sharing pool.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 2 people found this helpful  

    Not a great environment....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Audit Associate  in  Detroit, MI (US)
    Former Employee - Audit Associate in Detroit, MI (US)

    I worked at KPMG US full-time for more than a year

    Pros

    - Exposure to large / high profile clients. Good resume builder if you're looking to exit to financial reporting or internal audit.

    Cons

    - Work life balance non-existent with absolutely no control over hours or travel schedule regardless of how efficient you are.
    - Bonuses are pathetic compared to industry.
    - All the best people leave to take higher paying jobs in industry so the Managers / Sr. Managers that are running engagements don't what they're doing and are inefficient.
    - Inefficient staffing (i.e., 5 staff sitting on the bench for weeks on end while others at the same level are working 80 hour weeks).
    -The work itself is boring and doesn't add value. Too many checklists. No opportunity to create something from scratch. The results of your work will not influence decisions in any way (this applies both interally - KPMG management, and externally - the client management)

    Advice to ManagementAdvice

    -The "working-until-midnight-makes-me-a-star" thinking has to change. The true stars are the ones that could pump out the work in 30 hours and call it a day.
    - Promotions should be based on merit / efficiency, not a rigid tenure system.
    - Total comp is in a very small band for each position, encouraging people to coast along knowing there's no real reward for working hard

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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