Good place to start work but may not be the best to make a career - Advisory Staff EY Employee Review

4.0
May 17, 2008
Recommend
CEO approval
Business Outlook

Pros

My experience is limited to the Fraud Investigation & Dispute Services group within Ernst & Young. It is a diverse place to work, there are standard yearly terms for promotion, and compensation is comparable to other Big 4 firms. Your coworkers will probably be the most competent and helpful people you met, some of mine have become very good friends. Teams work well together, are generally cognizant of your personal life and allow for a work/life balance. Diversity is well accepted at the workplace and there are equal opportunities for growth and advancement within the firm. In addition, there are opportunities to travel globally on engagements (hectic hours though) and a lbal exchange program that allows you to do a 1-2 year assignment abroad after 3 years of experience with the firm.

Cons

E&Y is a great place to get your career started and get your CPA license. However, you migh get stuck doing routine work. People with experience in certain types of projects are typically picked to work on similar engagements while those without experience often struggle to find meaningful assignments. This is mainly because the experienced folk will take less time (cost the engagement less money) to get the work done because there is no learning curve. Often, in larger offices, the staff is bounced around from project to project and do menial tasks like make binders or review emails. The experience is a bit different in smaller offices where even junior level staff get the opportunity to step up and perform senior level work. In addition, although everyone has assigned counselors, you might not have regular communications with your counselor. As a result, the counselor will often be out of touch with your career needs and opportunities needed to develop your career.

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5.0
Mar 26, 2026
Recommend
CEO approval
Business Outlook

Pros

Good connections, hands on work, staff/teammates that care

Cons

Sense of instability going into it

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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