Politics still at the forefront in Big 4 - Senior Manager EY Employee Review

2.0
7 Dec 2009
Recommend
CEO approval
Business outlook

Pros

I agree that EY is a great place to "launch" your career (as they so proudly advertise). There are alot of younger people in the same boat as you to network with (ie misery loves company). You get great exposure to many Fortune 500 companies - so you can learn a lot of things in your first 3-5 years at the Firm. Because budgets are so tight, good resources scarce, and deadlines unreasonable - you will also learn how to work very hard and as efficiently as possible. I think Big 4 alumni coming into industry clearly have a leg up in this regard

Cons

Where to start....obviously, like any Big 4 - the hours are ridiculous. You may find one or two Senior Managers or Partners that can actually say they have a decent work-life balance, but the majority of all people that work at the Firm do not. You cannot. It seems to be a vicous cycle - many of the "best" people leave the firm to go on to succeed in industry. If you do the math, only a small percentage of people that work in the Firm are Partners - so, if good people leave - the majority of Managers and Senior Managers arent very good. The incompetence at that level is basically what drives the additional hours for those at the lower levels. Those running the engagements know nothing about project management, and often are lax on the subject matter so endless are are a result of poor planning and lots of rework. Additionally, EY (advisory) could care less about quality of work and "people". It is an endless grovelling to try and win and/or expand new work. Success at the firm means absolutely nothing about how much you actually know, or how hard you work. If you are a greasy snake and can stomach - selling sand to an elderly woman in a desert, - backstabbing your peers and the people working below you, and - smoozing and kissing butt to whonever is in power that year - you will go far. Otherwise it is best to get out after you have suffered through your "learning curve"

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5.0
23 May 2026
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Pros

-networking opportunities -good resources as a FTE

Cons

-need to advance through strict structures

5.0
21 Feb 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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