Company: EY
Date: 2009-01-06
Overall rating: 4/5
Employment status: current

Good place to start a career, but strongest performers will get bored.
Pros: 1. People - Wonderful, kind, and intelligent people who have strong work ethics. It's great to work with people who 'get' your meaning and won't find excuses to not work ... everybody works hard.  It also has a young and diverse workforce. It's just a great work culture.
2. Career - There is a good structure to one's career here - making it a great place to start out a career.  There are well-trained counselors, strong teaming and feedback culture, and reasonable opportunities for learning.  Also, as long as you perform well, career progression is relatively smooth up to senior manager level.
Cons: 1. Opaque compensation.  First of all, I don't think E&Y's compensation is competitive with similar work in other industries. Second, I think E&Y compensation lags the Big Four competitors. Most importantly, shouldn't a firm that advocates transparency in the financial world also be a little more transparent about its compensation process to its own employees?
2. Rigid career progression.  Stated one way, this is a good attribute - availability of counseling and clear career progression of career.  Stated differently, E&Y is not a meritocracy.  If you're a strong performer, you may be frustrated with lack of appropriate promotion and compensation. More to the point, you'll get bored.