Looking Out for Your Best Interests - Anonymous employee EY Employee Review

1.0
29 Sept 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The Denver office has a pretty nice location on the 16th Street Mall downtown, but that could change with all the development downtown. The office support staff are helpful and kind. As I imagine at the other Big 4 firms, there are a lot of younger people to connect with, and a sea of resources to advance yourself technically if/when you have the time apart from your regular duties.

Cons

THE PEOPLE - There is a brick wall of senior managers who can not make partner. This is due to the inability of the senior manager rank and above to sell and promote value-added tax services to new or existing clients. Most of the senior management does not possess the skills or competence to work outside of the Big 4. Do not be fooled by the Big 4 stigma; most of the work at the staff and senior levels are for small projects with limited learning opportunities. Couple that with the rampant nepotism (favoritism) and egotism of the senior managers and partners and it will not be long before you are boxed in. There will be no motivation from your direct bosses. There were very few people who exercised good interpersonal skills - surprising in any case that these are the same people the firm relies on to sell its services. More over, the coaching and development from upper management is not transparent and is often two-faced and non-interactive. Honest communication is sacrificed for the comfort of avoiding true team-building. Partner communication is almost non-existent on most projects (of course, this depends on the partner). The firm does not promote on merit. It's much like being in college where you get a promotion for just sticking it out and doing what your told. Even the partners cannot tell you how or why your being promoted, moved to another team, etc. Oh, and you may also get forgotten and not promoted. It's seemingly arbitrary and does not inspire confidence for defining a career path. The firm spends a lot of resources each year convincing new staff that they can have an impact in the business. On the whole, this is widely untrue, at least in the Denver office. Most ideas or effort initiated by anyone who is not a partner or director are shot down, overlooked, or under appreciated. The firm is too large to change, and certainly too large for one person to have an impact. They will do anything to make you feel like if you just stayed a little longer.... worked a little more... etc. All this is a laugh, considering that they are wasting money doing so, yet all the firm cares about is it's bottom line. Lastly, while the firms motto is "Quality in Everything We Do", this too is largely a facade with no backing. The teams I worked with did nothing to advance the quality of work product, which is why it was such a large ongoing discussion within the tax practice. On several occasions, I was told to just "make it up". If something is incorrect and not properly by your boss, the blame will fall on your shoulders. This perpetuates the unaccountability of upper management. Even the audit and advisory staff share stories where they were made to work long hours, later to be forced by the partner to only bill a certain amount of time. Once again, the culture is too focused on the wrong things.

Explore other reviews about EY

5.0
1 Jun 2026
Recommend
CEO approval
Business outlook

Pros

good people and nice kinda

Cons

also good people and very nice

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).

1015
See reviews by: Helpful|Rating|Date|All