An excellent starting point and stepping stone - Audit Staff EY Employee Review

3.0
Sep 21, 2008
Recommend
CEO approval
Business outlook

Pros

Ernst & Young offers a great environment to start ones career in the accounting/professional services industry. EY provides intensive training during your early years, and reimburses you for a CPA study course as well as exam and application fees. You will get a lot of exposure to many different industries, and will communicate with upper level accounting and management personnel (Controller, VP-Finance, etc.) even as a staff auditor. The people you will work with are, overall, very outgoing, team-oriented, and intelligent people. Community involvement is often encouraged. Being associated with such a well-known company is also great for a resume.

Cons

The workload for staff and seniors can be excessive depending on the size of the audit team, the time allotted for the engagement, and the client environment. Travel varies, but traveling for 60-70% of the year is not uncommon. Daily commutes in excess of an hour are not uncommon, and schedulers make no effort to schedule jobs convenient to where one lives. Staff have little input on their schedules, and the types of clients they work on. While a work-life balance is stressed, the client generally comes first. Even when one is on "vacation", they are expected to be available to the audit team for questions or small tasks. Efforts are rarely adequately recognized.

Explore other reviews about EY

5.0
May 8, 2026
Recommend
CEO approval
Business outlook

Pros

flexibility, experience, great teams and managers. great benefits

Cons

promotions and lower salary depending on area

5.0
Feb 21, 2018
Recommend
CEO approval
Business outlook

Pros

1. You will have a very hard time not falling in love with every single person you meet there. 2. Seriously, you will meet your soul mate(s) there. 3. Prestigious and looks great on the resume. 4. Your brain will grow a thousand times more powerful. 5. Forces you to conquer your fear of public speaking. 6. Fun team bonding and lifelong friends. 7. Stepping stone to high paying jobs. 8. Helps you work on perfecting your charm. You will learn from the most charming people how to really get people to like you. 9. HR really cares. 10. Big support network (IT, creative services, etc.). 11. Teaches you to be calm and in control.

Cons

OK, I'm going to be discussing all the taboo things, and there are a lot of them. In spite of these cons, I still admit it's worth a five star rating. 1. High performers are "designated" (you have very little control over your rating) by the partner group (can be a pro if you get selected. Seriously, I have worked with some of the supposed "fives" and they are not any different than my threes and fours. 2. Quality is extremely low. Sometimes I felt like I was working at McDonalds and not a professional services firm. The emphasis is on getting through work as fast as possible and expectations for quality are not realistic. 3. EY has a very hard time firing bad employees. If you get stuck with one it can be a nightmare. 4. EY has a heavy emphasis on wasting time. For example, there are lots and lots of checklists which have no value that you have to fill out. Also, they wasted money and time on creating "Canvas" which is literally slower and more awkward than the previous workspace tool, GAMX. There is a heavy emphasis on "reinventing the wheel" and fixing problems that aren't broken with even worse solutions. Instead of wasting money on useless tools, that money could have been spent on your employees in the form of compensation. Like I said, EY is really focused on attempting to look as though value is being created when in fact it is not. 5. Lots of meetings. Appearances are very important. 6. Employees on global 360 accounts get better treatment. 7. Some employees (executives mostly) tend to overemphasize how important this work is. Let's face it, if it was really glorious work then we would have action figures. 8. Looks are very important. Seriously, if you are a girl, you will get promoted based on how hot you are (the quality of your work is largely unimportant). If you are a guy, you are treated a little better but there is still a sexist undercurrent in the environment. This is advice you won't get from HR obviously, but that doesn't mean it isn't true. 8. You will be forced to eat hours. 9. Your ethical compass will start to get weaker. 10. You will get a little cynical. 11. Lots of driving and travel. 12. "Family men" and married couples with children are more likely to be promoted. If you want to be a partner, you have to be married (few exceptions). 13. You will work on vacations. 14. Loss of relationships with family and friends. 15. Some backstabbing and credit-stealing (but not very common). 16. Comp is below market but that's to be expected. 17. Employee retention is not something management is interested in. This makes you replaceable and expendable (yes even as a manager, unless you have been "designated" as a high performer by the partner group).

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