Below average Big 4 - Senior Manager EY Employee Review

2.0
Sep 23, 2020
Recommend
CEO approval
Business Outlook

Pros

The benefits, management training, and opportunities to work on unique projects for a wide variety of companies are obviously the biggest draw to any Big 4 company. Nothing is different at EY.

Cons

In many ways, they seem to be followers in the industry. When I arrived at EY in 2014, they were still operating on Lotus Notes and were miles apart from other companies in their IT capabilities (I came from Deloitte and can verify that firsthand). For example, share point sites for collaboration and teaming were not existent. Every office was using their own templates. No one coordinated with each other. It has since gotten better but only because they had to if they didn't want to be left behind the competition. Even when it comes to benefits they provide, they follow the other Big 4. They never lead. With the recent layoffs of Senior Managers across the US in all departments, the firm is providing several months of paid employment with EY to find new employment, which is fantastic. However, it is disappointing that the effected Senior Manager group was not provided more clarity and guidance. If the message is that this group could not get to the next level due to the forecasted growth (or lack thereof) of the practice, then why not have an open conversation with these Senior Managers a year ago and speak honestly with them to give them a chance to develop into better business development personnel and sales people. Or to allow them better mentoring and coaching to develop that skillset so they can help the practice grow and allow them an opportunity to become Partners. My experience is that most of these people were 4-6 years into being Senior Managers. The firm obviously invested a lot of time and money into developing these young leaders - why not give them a kick in the butt that they maybe needed to grow into the leaders you want, rather than just pulling the plug?? Disappointing on many levels.

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5.0
May 23, 2026
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CEO approval
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Pros

-networking opportunities -good resources as a FTE

Cons

-need to advance through strict structures

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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