EY reviews

3.6

70% would recommend to a friend

(83,795 total reviews)
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Janet Truncale

79% approve of CEO

60% positive business outlook

EY has an employee rating of 3.6 out of 5 stars, based on 83,795 company reviews on Glassdoor which indicates that most employees have a good working experience there. The EY employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

84K reviews
2.0
Sep 16, 2013
Recommend
CEO approval
Business Outlook

Pros

1. Competitive salary offers (within Advisory) and opportunities for annual performance bonuses 2. Pretty decent expense reimbursement policy, which is nice for client-serving professionals who are frequently traveling 3. Nice travel perks such as alternative weekend travel policy that allows client-serving staff to fly their spouses to meet them at client locations or paid travel to alternate weekend locations in-between work weeks on client-site 4. Sick leave is not restricted to a set number of days... however, you will be lucky if anyone actually allows you to TAKE a sick day! I have sat in client offices with EY project teams, popping pills and actually bent over crying in pain, but nobody will even acknowledge that you're dying sick except to ask if you can cry more quietly.

Cons

1. No work-life balance. They will stress how important their people are during the recruiting/interview phase, and will talk your ears off about flexibility in work arrangements, 4-day travel plans for employees who travel to client-site, reasonable work hours, family values, etc. None of that exists. Most people I know had to forfeit weeks' worth of vacation hours because they were not allowed to take time off from engagements. I have had to work on paid firm/national holidays because the project teams are all led by workaholics. I am basically on call 24 hours a day, 7 days a week. I have received phone calls on Saturday mornings at 7 am and Sunday evenings at 7 pm asking me for urgent turnaround on requests that are not in fact urgent or even project-related. There is no sense of personal space - the senior leadership basically acts as if they own us. I was told my average work week would be 45 hours per week, perhaps upwards of 50-55 on extremely high-pressured client engagements during the final delivery stages. I average 52 hours per week on a normal week, and have worked upwards of 76-80 hours per week multiple weeks in a row when we were not in a delivery stage. 2. Benefits package is weak: poor health care coverage if you live outside the New York City area and very high premiums to pay, as well as really poor retirement savings plan (the firm really doesn't contribute very much to your retirement savings or do much in terms of contribution matching like other firms do) 3. The people culture does not seem to resonate with those at the Partner/Principal/Executive level. They are very hands-on in terms of daily project management, are frequently micro-managers, and do not have an understanding of work-life balance. 4. Technology is in the stone ages: you have no access to your office number unless you are sitting in an EY office. Advisory professionals are rarely in an EY office, as we are usually working on client-site 95% of the time. So you have no way of connecting with people who use your office phone. None of the firm's sites or applications are available remotely, except for a very rudimentary version of the email program on EY-secured mobile devices. This means if you go on a vacation for more than a week, you have to take your work computer with you to enter your time, as there is no remote access to time reporting. Another way to tether employees 100% of the time to the firm.

1.0
Dec 13, 2012
Recommend
CEO approval
Business Outlook

Pros

- good experience for entry-level graduates - looks great on resume, impressive name

Cons

- poor compensation for workload - unrealistic and unachievable expectations - very poor feedback on performance - total lack of training ad education for new technologies and concepts while the expected skill is at the expert level - complete lack of understanding for personal issues - overly aggressive and jaded senior managers, executives and partners - too much emphasis on rank (your insight and even general work performance will be ignored below or even at the manager level) - employees treated like assets or generic resources - micromanagement, "setting up to fail" and management by fear are common practices - complete lack of respect for staff by senior management and executives - a cut-throat and back-stabbing nature of work environment is encouraged and rewarded

3.0
Aug 21, 2012
Recommend
CEO approval
Business Outlook

Pros

For someone looking to grow their career quickly, EY provides excellent opportunities to do that. Because the organization is always changing based on what the market is up to or current regulations, there are a lot of growth opportunities. There is a lot of structure throughout the entire organization. Benefits are great, with opportunities to purchase supplemental life insurance and legal plans. 3 weeks vacation, higher than average compensation, opportunities for performance bonuses, strict annual review process and salary adjustments (no one was EVER overdue in providing an annual review). Abundant opportunities to collaborate with some of the smartest and hardest working people in the industry. FLEXIBILITY, FLEXIBILITY, FLEXIBILITY!!!!!

Cons

The expectation to perform is higher than at any other place I've ever worked. There is very little room for less than perfect. The culture at the top of the organization is very "old rich white guy", especially the Midwest leadership based out of Chicago. The leadership in the Chicago office is very old school micro-management and in the down economy someone was always pointing the finger, trying to cover their backside. Reduced sales figures and poor performance of sales initiatives were not just the result of the down economy, someone must be to blame for why a particular service hasn't sold. The expectation that you will do whatever it takes to get the job done is ALWAYS there. If one wants to get promoted, they must be willing to work whenever it's required, even if it means being up in the middle of the night to take a call with someone in China or leave a sick child or drive through a blizzard to make a meaningless meeting. One must be very determined to advance their career and continue to move up. There's a saying, "Up the chain or out on the street". So, for someone just looking to do a great job at one thing for a long time, there's really no place for you unless you desire to be an administrative assistant (these folks are treated VERY poorly, most are unhappy and there is very LITTLE respect and appreciation for their role). This mentality can be particularly challenging for working mothers, desiring a consistent family life. I started out my career here working 40 hour weeks and over the course of 8 years ended up working 60-80 hour weeks on a consistent basis. Which lead to terrible burn out. One must be in the "inner circle" to be noticed and get the good opportunities. If you are on the outside, be worried - very worried. I've rating the culture and values very low, because the messaging from the organization preaches the best culture and values - it's on every bit of promotional material within the company. The messaging is a dream for an employee, but it is very seldom the reality of what happens once you have been around a while and take off the rose-colored glasses.

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