Company: EY
Date: 2016-05-01
Overall rating: 2/5
Employment status: current
Experience level: Junior

Consulting is a market laggard; still very much an accounting firm
Pros: - There is a high probability that someone on your project team will have strong financial skills or a CPA
- There's a large contingent in LA, which is rare in the consulting industry (excluding boutique firms)
- Unique benefits such as a $500/year wellness stipend
Cons: - The M&A practice is very much in its infancy stage, growing inorganically with leaders coming from various firms
- Very inconsistent culture, which is likely a symptom of the above point
- Base compensation is lower than peer competitors (i.e. Big 4 audit firms) and even significantly lower than market leaders (i.e. Big 3, Accenture)
- Lack of knowledge management; initiatives to mitigate tribal knowledge seem futile
- Many B & C players who attribute their talents to low-tier schools
- Salary bands are not normalized (e.g. a post-MBA Senior could make more than a Manager), which is a problem being remediated by other firms
- Client demographic is very much sub-$1B in revenue category, which is considered low hanging fruit for other firms