What’s it’s like working at EY tax? I heard they recently fired a bunch of people. Got an offer but not sure if I should make the move.

likesmart
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

I highly recommend looking at specific tax sub service lines at EY and reaching out directly to a few seniors or managers on LinkedIn and set up a call to ask. There are EY partners who take the working environment very seriously. If you work under them you will enjoy going into work every day and will be given room to grow and be highly productive. There are also parts of tax that have a completely toxic working environment. It is impossible to get quality work done because of the chaos and you can expect to get thrown under the bus. The leadership for wherever you go sets the tone. The way that the layoffs were handled is definitely a cause for concern. Instead of just calling them layoffs they were packaged as performance based separations. I don’t know why the firm did that instead of just be up front like the other big 4. That said, don’t shy away from EY entirely. There are areas in tax that are great places to work. Do your due diligence though. There are parts of tax that are grossly mismanaged and run on a “the beatings will continue until morale improves” mentality. You really do not want to end up in that situation.

likehelpful

Thank you for the Insight. Do you currently work at EY? What’s the service line you are in?

I was at EY tax for 8 years and then moved to PwC. It is so dependent on the leadership of each practice and group. I spent my several years at EY in one city with great leadership and then transferred to the same practice in another city where I didn’t feel supported. It’s difficult to compare firms just as EY v PwC because it’s so dependent on who you work for/with. However I do agree PwC technology is much better and more user friendly than EY.

like
Recent IconRecent

Bro you should definitely do it. EY tax is hella lit best hours and the firm really cares about your growth and success in your journey to partner 🥺

funnylikeuplifting

@Deloitte - EY3 is correct, I “ain’t” at EY. But I actually did start my career there until I hit senior manager. I then decided to lateral to a mid-tier to gain some work-life balance. Nothing but great things to say about EY. It took a few years off my life working that many hours, but the learning experiences were top notch and opened a lot of doors down the road.

likefunny

Ey the people are nice and there is not a big push to get things out ASAP. The technology is honestly the worst thing I have seen in my entire career. I have seen better technology and processes in smaller cpa firms. Finally they fired a lot of people with no warning whatsoever after busy season. They gave about 6-8 weeks severance. Now many have quit and they are rushing to hire whoever they can. Is that where you want to work? May I ask why do you want to leave deloitte?

likefunny

Don’t just jump on the opportunity “for the money”. The technology and admin are very real issues. I was at EY and it drove me nuts...it makes the job very frustrating and unfulfilling. At Deloitte admin is easier because the technology WORKS. Technology does not work at EY and you find yourself searching aimlessly for Information and doing things over and over again. It is a night and day difference. Make sure you consider 2 factors with the pay increase if you plan on having a long term Big 4 career - 1) it is temporary - they only pay you a premium to get you to move over, then slow down your annual pay increases - if you are good, you will likely be in the same place here comp wise in 2-3 years; and 2) is it really worth it AFTER you take out the increase NET of taxes? Good luck...

likehelpful

Take the money. People on here are complaining about the tech. While it’s bad, who cares, admin is generally a small part of your day. I came from Pwc. While I sometimes reminisce about the tech and some of the processes, I make 20% and the people are generally nicer. That’s more important than the technology.

likeupliftingfunny

People on this app just want to be doom and gloom and tear people down.

like

While I get that EY technology maybe bad, there are lots of investment being made to make it better. It may or may not work but leaders are working on making it better. As many people have said here already, people at EY are friendlier compared to PWC and Deloitte. Several people left EY from my group and have mentioned to me that they miss EY culture. Several even came back to EY after few years. At the end of the day, we spend more time at work than we spend with our family. I would take a great team all day long over great technology.

likesmart

I would echo EY3’s comment. In a big firm like EY or other big 4, it would not be same in every group. I have found a group that I like and have made friends with people who I work with. I would say our culture is very good already and we are working to make it even better.

Thanks to everyone who commented on this post. I’ve decided to Join EY. I out a lot of thought, time and research into this and I fee confident and excited about this next move in my career. Thanks again for all of the feedback!!

like

Good luck!

like

Lol

like

Can someone explain to me (an EY lifer) what others firms have that everyone agrees is better tech? (Not saying I dispute these comments, just I don't know what the others have)

helpful

From what I’ve read, there’s a level of intuitiveness and user consideration that doesn’t appear in all tech. The final product may be the same, but the effort needed to get to the finish line is different. At PwC I came in as an experienced hire from a mid tier firm. It’s a bit weird to say it but you can very clearly tell that the internally built applications were created with the professionals in the driver’s seat as opposed to the engineers.

like

Good Luck! And welcome!

like

Don’t do it. Just left there. They use excel for everything and the work papers just crash your laptop. And you usually work 80 to 90 hours a week

funny

Really?!

In the same boat.. got an offer from EY, been thinking if I shud switch

Which office ?

Any EY partners on this thread? 😅😉

What group will you be working in for EY. If it’s anything FSO related, especially asset management tax, I wouldn’t do it.

It depends on your city - I'm in FSO Indirect and I'm not working 70+ hours for months on end. NY is probably the toughest because of the volume of work.

I don’t “usually” work 80 - 90 hours a week.

I do compliance and provision.

I left the Tysons office. Year round was usually 45-55 hours on my team. Busy season was brutal

I am not in real estate I am in FSO so hopefully it’s a little calmer.

like

Related Posts

Does anyone have any leads on potential jobs in IT, like IT Support or Help Desk in DC? My SO was laid off today due to COVID.

like

Can someone explain the difference between being counseled out and being fired? With an emphasis on why counsel someone out but not fire them, and vice versa.

like

For those who have been laid off, what does it look like right before? (like HR schedules a meeting with you?). I have this really bad pit in my stomach. No trolling or sarcastic stuff please.

likeuplifting

Damn. A gunman fired at Republican members of Congress. I don't care what your political stance is, things should never get violent.

like

Two strangers are bickering on my 6 am flight. "I saw you cut!" and "You were zone 2, I was zone 1!" were fired. All right, fellow plane prisoners 🍿

likefunnyuplifting

Anyone know of any good tools/resources with job prospects for 65+ trying to find employment after behind laid off during COVID? I imagine many have been forced into early retirement. Unfortunately, it appears the discrimination is very real when it comes to allowing “retirees” to participate in our workforce.

likehelpful

How is EY doing with layoffs etc

like

The lions are about to hire the D coordinator from the Patriots who just lost to the D coordinator of the Eagles who the lions fired a few years ago 🤦🏼‍♀️🤦🏼‍♀️🤦🏼‍♀️ I will never see lions SB 🙁

likefunny

I was laid off from my job awhile back and I have a gap through temp jobs I was doing. How should I display this on my resume? Leave the gap or say contractor or temp.

like

I was laid off and promised my work for my portfolio. I've reached out multiple times but it hasn't come. Any suggestions for handling this?

like

What happens if you’re an associate and you’re fired for “performance” suddenly. You had a performance review the week before and their was no talk of this. How do you perceive this?

like

Have any of you gotten fired? Not laid off or anything? Like fired due to performance or low utilization, etc. If so, how did you bounce back from it?

like

How can I earn a bazillion babillion dollars so I can FIRE and not have to worry about working? Older friend got laid off. Contd...

Just got fired. Not surprised and kind of relieved but ego is bruised. Anyone got any stories of when they got fired/laid off and it turned out for the better?

likehelpful

Hi, I am Oracle RMC Implementation Specialist. Laid off due to Covid. I work for a big4. Anyone hiring? Would appreciate any pointers.

like

Donald - You're fired!

likeupliftingfunny

Can you get fired from consecutive negative feedback?

like

How has COVID been impacting your personal life (e.g., childcare management, cabin fever), your firm and/or clients beyond WFH (e.g., layoffs, funding, project delays, unpaid leave, etc.)?

like

Comey just got fired 👀

like

Additional Posts

Who else has introspected about how short life is, quality of relationships, work/life balance, security of finances, how things can change rapidly after seeing the COVID world. Share your thoughts?

likeuplifting

What industry opportunities are available for a healthcare consultant with policy expertise and some experience in HIT? I have 5.5 YOE in consulting, 2 health related masters MPH Epidemiology and MSW Social Policy from an Ivy League. I’m don’t mind the WLB in consulting but I’m just tired of the environment and want to do something meaningful that pays well.

like

Finding it extremely difficult to stay motivated. I feel exhausted from the hours and even less motivated when I find out how much of a variance there is in comp. How did ppl know when to go private?

like

Hey 🐠, what is your base salary vs. the price of your home when you bought it? I’ll start - I’m currently at a 115k base and paid $218k for my home. I live in Atlanta.

likeuplifting

Anyone else tired of the client treating them like shit?

like

The babies that I bake fill a volcano. I’m clogging up the kill. My wretched baby paste requires Drano!

like

Posted a few days ago about lateraling to a firm to work for a rain maker and having been put on a deal with him alone (first deal at the new firm). Subsequent to the scolding emails we finally managed to almost close at 18:00 on Friday only to realise that the numbers didn’t add. The same document that I screwed up before led to one entity paying the wrong amount. I’ve never ran a deal alone as a first year and the partner has been MIA for most of the deal. Long story short (cont in comments) -

like

I know this is stupid / petty but I just found out my new salary & I finally make more than my husband! He’s always made more & I spend more than him and have always felt bad about it. Not any more 🙌

likeuplifting

The most unrealistic part of "House of Lies" is that they fly Virgin America lol

like

Everyday I think about quitting & how much I hate my job. When do I say enough is enough and quit? I have a family to support & a ton of student loans so it not like I can be unemployed. Just recently switched careers so it's unlikely I'd be able to find something better soon. I feel so trapped. Sometimes I have thoughts that if I'm seriously hurt I can take time off suddenly & have a real break but I know that's not good. (More in comments.)

like

H1B visa and 6 years are almost up. Received approved perm and waiting on I-140 followed with the 3 year extension. To switch from company A to company B - what are the factors that are to be considered?

like

I got an offer from a firm I like. Offer is good I’m happy. But have a question — Would it be ok to push back on the start date in the offer letter? I would liken to have a week or two between when I’d end at current firm and start at new firm. If this is ok, should I talk to them directly, or go through my recruiter?

like

Currently a recent college grad and working as an analyst in financial services. Majored in Risk Mgmt and working a rotation within Risk. Contemplating whether I should go back to school for an MBA or JD? Would like to be in house counsel at my company with JD or Senior/Exec leader with MBA. Thoughts?

like

MD2......4 years until vested, a little more than 6 until I can comfortably retire. Love working with clients and practitioners, but SO tired of the politics/ego game. Is going internal an option?

like

EY folks- I am expecting an offer and wanted to understand How much time does H1B transfer takes, start to end from attorneys reaching out to you till you receive approval?

like

Is it easy to go from small local firm to big 4?

like

Has anyone jumped from Big 4 Advisory to Tier 1 Consulting firms (e.g. MBB). Was the jump at the same, higher or lower level?

like

Interviewed with PwC yesterday. Still have not heard back - does this mean they've dropped me? Do they usually get back to you regarding rejections,

like

What’s it like working in insurance recovery litigation? I’m in general complex lit now and am wondering if moving to ins recovery will remove all aspects of lit that I like. I’m a junior associate.

like

I’m really good at pretending to be interested in what people are saying when they talk to me. I’ll kind of zone out but can remember/single out the main talking points so that I can bring it up later with them and they’ll be stoked. Does anyone else feel the same way?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.