Company: Deloitte
Date: 2012-02-03
Overall rating: 1/5
Employment status: former

Fantastic resume builder, but comes at a high price
Pros: -Health, dental, vision benefits were good
-There is a big focus on continuing education, job skills training, and learning that was really cool
-Two words: Brand Name.  Having this on your resume gets you in "the club" once you leave Deloitte.  I was shocked at the weight that having that on my resume carried.  It's totally overrated in my opinion, but man will this open doors for you.
Cons: I hated almost every minute of this job once I started full time (I started out as an intern, and let me tell you, their internships are NOT representative of how you will ultimately be treated when you are full time).

-Travelled all the time
-Never worked less than 60 hours per week, usually more like 80-90
-Treated like absolute dirt - there is absolutely no respect given to staff.  Seniors (who are at most 2 years ahead of you) think it's their role to make you feel as insignificant as possible.
-Tedious, rote, remedial work is all you get to do for your first couple of years.  It's such a waste!  Big 4 hire the best, brightest, most ambitious young people out there and then they waste their talents, treat their people like garbage, and burn employees out in one year flat usually.  I had a Master's degree and was a CPA when I started there and was doing the most basic data entry, errand boy-type work you could ever imagine (can you say "bagel duty"?). 
-It's not okay to think outside of the box
-You are just a cog in the wheel-  you have no idea what your work means to the overall picture of one audit, much less the firm as a whole
-Woefully underpaid given the circumstances
-Everyone promoted and paid on a set schedule, regardless of your performance compared to your peers
-Cliques, good ol' boys club, brown-nosing, politics  

People who stick around are sycophants and puppets.  Life is much better on the "outside", or "in industry" as they say.