Do other Big 4 actually give negative performance reviews? Or is it all sugar coated like EY
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Finance and tech sectors are cutting new hire classes in half meanwhile accounting firms are paying new hires as much as experienced hires. This inability to think dynamically or forward is why accounting firms get no respect in the marketplace. Just a bunch of old boomers who run everything based on accounting outcomes (history), not ongoing operations (future).
Big 4 salaries come with big burnout risks. I'm currently at Deloitte, and I'm running on fumes. However, I'm too afraid to take a step back or take time off because I never know when layoffs will hit and I don't want to be seen as weak. So I keep pushing myself. How do you guys work yourself to the point of exhaustion and yet avoid burnout?
I'm leaving Deloitte, but my new job doesn't start until mid-July. When should I put in my notice? The last time I gave an employer a full two weeks' notice, I was fired that day. I don't want to be without a check. I've only been here three months, and haven't seen how my managers handle it when someone puts in their notice. Is Deloitte known for letting people work through their notice period?
EY CANDID!!
Understandable. From my experience I’ve always received critical feedback informally and then only positive feedback formally
Critical feedback should always be discussed informally first and if the issue continues then feedback is left.
I got a negative review at EY formally. Informally everything is great. I’m pissed
"Yeah everything's cool, but we needed to tell HR you're crap just to justify zero pay rise"
I wouldn’t say negative review, but I do point out areas of improvement. Like “you have clear strength in X, Y, and Z. For areas of improvement, I think if you were to do A, B, and C it would help you become more well-rounded and set you up for progression etc etc” If the person had clear performance issues, there should’ve been multiple communications with the individual (live feedback) and if there was no improvement after that, the ‘negative review’ shouldn’t be a surprise to the individual - but I’ve never encountered this. Ppl usually improve
Generally if negative feedback is coming it’s discussed first so they have a chance to correct. If the issue persists, then negative feedback is left.
Yeap, it happens, and without any prior communication
Depends on the manager. Unfortunately I have an SM who gives extremely negative reviews and nitpicks to justify it
Same here. It really killed my self esteem 😔 good news though, I switched firms and my new managers tell me that I’m killing it, so it was clearly just my old manager. However, the repeated negative reviews gave me lots of anxiety and imposter syndrome, which I’m still trying to shake.
I gave a bad one to an associate last year. He’s no longer at the firm (PwC)