If you consider yourself to be BRIGHT and Creative and are Ambitious, and Enterprising do not work for a BIG 4 firm. - Contract Specialist EY Employee Review

2.0
Sep 30, 2008
Recommend
CEO approval
Business outlook

Pros

E&Y gives 3 weeks vacation, and since all employees have laptops, the ability to work remotely exists, though flexible schedules vary by team; and is not supported by most Partners and executive directors. It's a great job to have on one's resume; this can open doors at other firms when one decides to leave.

Cons

The no.1 reason people on the auditing AND tax side leave is: burdensome workload (1 person doing the job of 3 people), and lack of promotion/bonus. Really bright people (especially males) leave after a year or two for opportunities where they are given real leadership, new business knowledge and MUCH larger compensation packages. Working on "Global teams" means working with India where the slug work is farmed out, and not done to anyone's satisfaction because the turnover rate is VERY high there. Frustration levels are the highest in corporate America outside of the legal profession. Long hours, lots and lots of mind-numbing grunt work for all but the Partners. Compensation is VERY uneven. There are admins who make more than managers. Not common, but there are examples of this. VERY HIGH turnover of managers and seniors. Most leave because they are expected to balance more and more clients with little support for $10k more a year if promoted after a few years of toiling at their level. The respect factor is very low for subordinates at all levels. Managers are treated like children' not to mention those below that title. Promotions are given to those who are basically "server" types who can manage the work with little complaint. NOT A PLACE FOR BRIGHT people seeking to make creative contributions to teams. In other words, the opposite of the GOOGLE workplace. If you do as your told despite how inefficient the process may be, and you'll get along just fine. Contrary to outside belief, Ivy League graduates are far and few between at this firm. There is not enough to attract them to work there.

Explore other reviews about EY

5.0
May 28, 2026
Recommend
CEO approval
Business outlook

Pros

Vacation, personal time off, flexible work arrangements

Cons

Utilization unpredictably, long working hours, working outside of normal hours wtc

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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