Good place to work, for an accounting firm - Accountant EY Employee Review

4.0
15 Sept 2010
Recommend
CEO approval
Business outlook

Pros

- Good culture and people. Better culture, social club and more approachable (open floor plan, even for Partners) and personable staff than my experience with other big 4 audit firms. EY has won a number of awards for employee satisfaction, and the firm values its people highly. This may vary slightly from business unit to business unit however, and like most audit firms, there is still a high staff turnover. - Excellent opportunities for career development and learning (recognised as a worldwide leader), as well as generous study support during the CA program and/or university. Excellent opportunities for promotion, secondment overseas, and this is strongly encouraged by senior staff. There are also open review processes, as well as upward feedback and inter-company assignments - Benefits such as drinks nights, social events (movie premieres, sport days etc), a big Xmas party,, Grad camp, annual retreat etc. Top notch beer & wine at all such events - Strong position in market, good client base and the firm is committed to market leadership and growth - Nice leave opportunities during non-busy seasons, and offers of flex leave, TOIL and reward days off - Nice, new building on George St which is convenient to get to by public transport. - In-house gym

Cons

Many of these criticisms may be of the industry in general, and not specific to EY: - Long hours. Especially during busy periods, there is an expectation of staff to work (at least) 40+ hours and weekends if necessary. Expect more "work" and less "life", especially on the lower rungs of the ladder, and even then most of your social life may revolve around work events - Relatively lower salary compared to accounting positions in industry, and at some levels, also compared to other big 4 firms. Most staff stay until completing their CA and then jump ship to a cushy job outside public accounting - Difficult to take leave around busy season (post year end) unless it is planned well in advance, and the busy periods stretch for a significant portion of the year, depending on the division - The nature of the work is very sensitive to the economy and the business cycle - when the clients are making money its good times, otherwise expect downward pressure on budgets and wages, cutting of discretionary expenditure and benefits, as well as layoffs - Its mainly auditing

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5.0
12 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Varied experiences and client scenarios Intelligent colleagues Excellent benefit package

Cons

Variable working hours Challenge to manage business development and project delivery simultaneously Confusing leadership and service line structure -- in constant state of flux

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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