No real environment to excel - Financial Analyst EY Employee Review

2.0
Apr 1, 2023
Recommend
CEO approval
Business Outlook

Pros

1. Working with many different people. 2. Working on various projects. 3. Still option for remote work. 4. Learning how multinational firms operating. 5.Working under pressure to meet strict deadlines (There is a good side on this one - trust me).

Cons

1. Huge turnover of employees, anonymity prevails as they come and go - It gives you the impression that company doesn't care to keep the employees (that's the reality). No motivation to excel when you see a 10-year colleague "thrown out" in one day without even an better offer in order to stay at the firm. 2. No creative thinking , it all comes down to predifined procedures - Limited free of speech. 3. No real sharing of knowledge as a lot of seniors they try to show you things but due to strict deadlines or even due to competition no essential knowledge is being shared. Later on when you step in their shoes you understand. 4. Huge informational gap between entry positions and seniors - No real track of the performance of the entry positions employees as a result a lot of high performance and high IQ employees leaving the firm as their "talent" have not been evaluated properly while low performance employees stay at the firm as they don't have the same opportunnities or motivation to seek something better like the high performers mentioned before. 5. Low salaries - you may end up 5 years at the firm taking a 1,500 eur/ month as a manager. 6. No rotation between teams (seniors - assistants - interns) - as a result maybe feedback is skewed based only on a single person's opinion which could be extremely detrimental for the lower rank employee especially if someone considers that feedbacks are quite often influenced by personal frictions between employees as happens in any other big firm of course.That's why rotation in working groups is mandatory in every big organization. 7. The promotions are very often based on non-quantifiable factors, combining to point 6 mentioned before, a very subjective environment has been formed as far as the promotions... 8. A lot of hours working on multiple projects with strict deadlines and of course high levels of stress. 9.A lot of unprofessional behaviors adressed to HR and that's it, nothing happens...

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5.0
Mar 13, 2026
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Pros

Lots of support Opportunities to network

Cons

difficult to move to different roles as they are overseas

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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