Company: KPMG
Date: 2008-08-25
Overall rating: 4/5
Employment status: current

Good firm, great people. Mediocre communication from management.
Pros: As a Big 4 accounting firm, KPMG has many global Fortune 500 in its client base. It is know for its strength/expertise in commercial banking, but has large clients in all industries (e.g. General Electric, Pfizer.) The firm affords the opportunity to travel, if so desired, and I really enjoy the people I work with. Everyone seems genuine, intelligent and hard-working. The firm seems genuinely behind the work/life initiative it has been promoting for a number of years and generally seems to accommodate an employee's desire to transfer to another office, work an abbreviated schedule (to spend time with family) or go on an international rotation.
Cons: As a firm heavily involved in the financial services industry, we are feeling the effects of the downturn in the economy, specifically as it relates to the banking and finance industries. There have been 2 rounds of layoffs this year (March & May), neither of which were communicated to the staff. Additionally, although the firm recently announced earning are not down substantially, the general gossip is that raises and bonus will be off substantially from last year. We are all aware of what’s going on with the economy, but would appreciate an update to the firm’s results (vis-à-vis compensation), so changes don’t appear as an 11th hour event.