Ey partner reddit. Hi everyone, for those who’ve gone through the partner interview with EY, how long did it take for you to receive final decision? I’m curious about the typical waiting period for their decision-making process during the hiring phase. Don't be intimidated if the partner doesn't ask you any questions, that part at least for my big 4 interviews was more conversational than a structured behavioral interview. Hey everyone, I am still an A1, but I am just curious as of course as a possible end-goal of a career in public accounting is to become a partner. I was never on anything that I truly enjoyed until recently. What are the chances that you’ll be getting an offer after you finished both manager and partner’s interview? Had my Partner’s interview last 23 February 2024, and she said they’d let me know after 10 days or two weeks. Each member firm is owned by its partners and principals, who have operational control of their business. The folks I talked with said “oh, 45-hour week maximum by rules, no OT allowed, unlimited PTO that’s easy to take above your four mandatory weeks”. By the way, I was being offered to be oracle enterprise application developer. You'll encounter people putting in absolute work and probably deserve to be partner but they will be strung along for years to get maximum value out of them. Dec 12, 2023 · Staff cuts continue among the Big Four accounting firms. Referrals from employees less than Partners are not really going to help you. It’s just a branding gimmick. When they retire do they continue to get a partnership distribution? Or just whatever retirement savings plan the company has setup? A free inside look at EY salary trends based on 87958 salaries wages for 5004 jobs at EY. Hi everyone! The hierarchy goes as follows: Staff Senior Manager Senior Manager Partner/Director Is this correct for audit? If so, how long does it take to get promoted after each position (on average) at EY? Is it the same for forensics as well? Thank you! EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. I got an interview with EY-P from EY in like a couple weeks. At EY they have this "dial" or "clock" visual to show where you are in performance. EY salary trends based on salaries posted anonymously by EY employees. Anything else I should know about? We would like to show you a description here but the site won’t allow us. Apr 10, 2025 · Average salaries for EY Partner: $261,262. Aug 6, 2023 · I found the EY compensation thread on Reddit (tells their service line, old base salary, new base salary, bonus, how they feel about it, plus some other stuff), and I can say that those numbers seem a lot lower than what you usually see on fishbowl. Once my big engagement ended it was a struggle for me to get on other engagements and my utilization suffered. Would appreciate hearing about your experiences! [CAN] Coffee with a partner from EY I'm in my last year of studies and i have been grinding hard this month or so networking. businesses, a deeper round of partner cuts than usual as the Big Four accounting firm faces slowing demand for certain services and EY is getting shit on extra hard currently because they tried splitting their company into two seperate pieces. In my days of partner accounting, partners’ salaries were basically some set number they received on a monthly basis, plus the distributions of profits from the prior year on some set schedule. The official answer is EY is splitting so that the consulting firm isn’t “held back” by the compliance rules of audit. Feb 16, 2021 · Response 1 of 27: From what I hear, it used to be 66% of your best three years in perpetuity. Ey lay off I was let go from Ey this past week in the tax practice. As with most of the cuts we’ve seen this year, consulting is most affected with their partner ranks being trimmed by ten percent, four percent in strategy and transactions. I know about the 1000 wellness fund. Aug 1, 2025 · Each summer, professionals at EY await updates on compensation—raises, promotions, and bonuses that reflect their hard work and market trends. It depends on seniority (there are junior partners and senior partners) , which business line of the big 4 (e. My question is specific to EY and the We would like to show you a description here but the site won’t allow us. The current EY spin off is a signal of whats to come, the value of the audit/tax lines is declining very fast and the old partners are trying to cash out before they more or less become managing directors/w2 employees themselves. true Don't want to scare anyone here, just been let go today from EY tech consulting in Canada, as previous post it was a 30 min call with the partner who break the news and hr communicated rest of the stuff like severance which was 2 weeks plus 2 week that would be notice period but mentioned that today would be my last day. The rest of the time I asked them a few questions to which they gave great, personalized answers. Helpful context is EY is the parent company, so Parthenon is likely not gonna tell an EY employee to bug off especially if a lead Partner approved it. Does this mean I have an actual interview on the horizon Your ability to bring in business ; you’re book of business is what will determine how long it takes to reach partner. Salaries posted anonymously by EY employees. Assh*le. EY-P is owned by EY. Though I saw that they are part of the big 4 accounting firm, I cant see reviews from a developer. The reality is The split is mostly about the current partners cashing out and making tons of money, but that’s just my personal take We would like to show you a description here but the site won’t allow us. Now (provided that you are vested), it’s 150k for every year that you were partner. If it's a support role, these aren't subject to the annual promotion rounds so you might want to clarify that too For consulting it's consultant - senior consultant - manager - senior manager - director - associate partner - partner. I have just been promoted to that Non Equity Partner level. It is easier than establishing credibility as an outside hire. We see a similar pay composition for both EY and MBB partners, with over half of their total salary consisting of additional pay. FY26 (summer 2025) was no exception, and Reddit’s r/Big4 and r/Accounting communities once again served as a valuable source for firsthand data. Key piece of advice if you are on bench or Do Partners keep getting paid once they retire? Question relates to the Canadian Big 4. Recently left for tech. The cuts represent about 1 per cent of its Partners knew about 2023 layoffs as early as December 2022, but kept quiet about it until Project Everest (the botched plan to split EY's consulting & accounting businesses, like Accenture / Arthur Andersen did) was announced on April 12, 2023. 5 days later, on April 17, 2023, EY announced a layoff of 10% of US consulting staff (they messaged We would like to show you a description here but the site won’t allow us. I don't want to say I don't have any questions cause I know that's gonna be a big fuck you. S. Big4) submitted 12 hours ago by RelationshipNo9604 Almost 4 years with EY in Assurance and I finally got the good ol “status discussion” teams meeting with a partner and someone from HR. g HR, internal finance, markets); not consulting. Include the resume of your referral in the email and offer to provide any further insight if they would like it. But you have the option to take lump sum during the start of retirement. I’m aware that EY Parthenon is more strategy focused, but in that case how is it different from the regular S&T group? Are there pay differences? Greater out of firm networking opportunities? Does it use the same Staff—>Partner structure? Different engagement clients, travel requirements, work Ey lay off I was let go from Ey this past week in the tax practice. It’s just an email chain you need to show. Partners knew about 2023 layoffs as early as December 2022, but kept quiet about it until Project Everest (the botched plan to split EY's consulting & accounting businesses, like Accenture / Arthur Andersen did) was announced on April 12, 2023. EY is a global organization made up of legally separate member firms in more than 150 countries. Consultant in a specialty under cybersecurity consulting. I was asked a few basic questions about myself, why I’m choosing EY, if I’m okay with hybrid work environment. Feb 26, 2025 · Add us as a preferred source on Google Ernst & Young will cut about 100 staff from its consulting arm due to a sustained slowdown in the advisory market. Reply reply More replies AuditorAntics • Which would I choose? EY! Why? The culture at EY was so inclusive! I actually made professional connections/friends with people who were interested in my development. You do need lead practice Partner approval on your side before you can interview. Source: switched from EY Consulting to EY-Parthenon in 2020, after 10 months in Consulting. See who's the latest to act. g. Last year, my firm changed the process so that all new Partner admissions must first spend an unspecific number of years as "Non Equity Partner". How long does it usually take for EY to provide feedback after final interview with Partner? Do they send rejection notice if you're unsuccessful? Is the 10% bonus all PBB? I got the same reviews as you and my PBB was a lot lower. business” and not only in lower-demand service lines. Feel like they should just call it a managing director instead then. We would like to show you a description here but the site won’t allow us. New EY tax Partner salary question what would a new partner in tax be making at EY? and what would the salary progression look like for the 1st 5-10 years? assuming there is also some capital contribution loan to be paid off for 1st 5 years or so. A2-->S1 Reply reply more replies More repliesMore replies [deleted] • I think partner convos go out today and we get the statement tomorrow for my office Reply reply FixedAsset •• Edited Reply reply chugtron • EY typically doesn’t let new grad hires negotiate much on anything but starting date. Strange use of the term “partner” when you’re not actual a partner in the partnership Reply reply more replyMore repliesMore repliesMore replies sloth_333 • EY partners about to make a lot more than average, due to that separation and IPO Reply reply W-001 • From what I've seen in APAC, assistant managers are usually a non billable support role (e. leadership, as well as complications over its multibillion-dollar debts, according to people familiar with the matter. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Partners have to make do with less resources, while having ‘inflationary less’ profits to share (given decades of outbidding between each other, with no significant new competitors, as well as years of bad quality work which has exasperated regulation and red tape). Claims of overwork at Big 4 financial services firm after EY employee found dead at work The death of a young woman at her Sydney office has ignited a conversation around the gruelling hours send an email to your practice lead partner, saying you’ve submitted a referral and notified the hr contact of their application. 5 days later, on April 17, 2023, EY announced a layoff of 10% of US consulting staff (they messaged Hi everyone, for those who’ve gone through the partner interview with EY, how long did it take for you to receive final decision? I’m curious about the typical waiting period for their decision-making process during the hiring phase. Mar 14, 2018 · See Big 4 partner salary data from 2024 and find out how much the top employees at PwC, Deloitte, KPMG, and EY actually make each year. anybody know how that works? Any thoughts on Ernst and Young (EY)? I was contacted by a recruiter from EY pero hindi ako masyado makakita ng reviews dito. I got an interview with the partners I think maybe final interview, I'm not sure what to exactly ask them when they ask me if I have any questions. Share Sort by: Best Open comment sort options Add a Comment Apr 11, 2025 · EY Terminated “Status Discussion” (self. However, all three MBB firms provide a higher salary level than EY Consulting and EY-Parthenon. How they started their career and how they got to partner. Says WSJ, there will be cuts in audit and tax as well though . e. There's no preferred status but it is easier to move as you (ideally) have some credibility among the senior managers / partners you worked with within EY. How much money is the partnership buy-in at the Big 4 firms? Also, how flexible is the payment? Does it mostly/all have to be up front, or can it be paid over the years? How much time does it take to get promoted across each level starting from the position of consultant in EY Performance Improvement? And subsequently how long it usually takes to reach a partner level from consultant? EY’s global leadership is likely to put a formal proposal to partners on splitting the firm into separate auditing and consulting businesses by January at the latest, Australian staff have been told. I appreciate your help thank you. Dec 12, 2023 · Mere hours ago, Wall Street Journal reported that EY is laying off “dozens of partners across all U. The firm said the layoffs will affect We would like to show you a description here but the site won’t allow us. TLDR a salary number was an arbitrary figure based on prior agreements and firm profits. My behavioral questions from EY here in the US which I remember were as follows Tell me about a time you fixed something that went wrong while working in a team? We would like to show you a description here but the site won’t allow us. They claim without those rules they will Grow faster. I still talk to many old coworkers and was even a guest in a former colleagues home! They don’t make it a point to remind you that you’re a “contractor”. I know you can get up to 65 a month off your cellphone bill. 5 days later, on April 17, 2023, EY announced a layoff of 10% of US consulting staff (they messaged Can someone please share how's the working environment at EY and are other associates helpful? Normally in mid range legal firms we can directly ask the partner or the other associates and in my experience they are extremely helpful and also makes you comfortable by cracking jokes and lighting the mood. Dec 12, 2023 · Ernst & Young is laying off dozens of partners in its US offices amid declining revenues in the accounting sector and a failed effort to break up the company. Our Leadership Team, Partners & Principals Want to find out more about how SGV can help enable your business? Please use one of the channels indicated at the right side to communicate with us and let’s start a conversation! Achieve consistent on-time and on-budget execution of complex projects by creating efficient plans and budgets, establishing timelines and driving deadlines, managing thousands of budgeted hours, predicting and mitigating significant issues, effectively managing and supervising multiple teams of staff simultaneously, timely reporting of engagement progress and results to EY partners and client Jan 27, 2023 · Get to know 12 young partners at Big 4 companies like PwC, KPMG, EY, and Deloitte. Update: I received an intent to offer after a week. 268 votes, 67 comments. Would appreciate hearing about your experiences! Interviewing with EY as a Sr. Hey so I am starting at EY in a couple months and I want to know what are the best “perks” they offer. For transparency, this information was given mostly by the partner who offered me verbally and those who got offered last year. This post breaks down the trends, numbers, and reactions from employees across the U. You can kinda look at it from a scale of 1-12 and they have where you should be, where your peers are ranked, and then where you are ranked. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. In my experience, my EY group was understood that I was a EY Split Plan Held Up by Debt Issues | Ernst & Young’s effort to split its audit and consulting businesses has been slowed by a change in its U. Weird. The call went as follows: - Partner talks about performance issues and business needs. Will you shape the future or be shaped by it? With EY-Parthenon and EY's full spectrum of services, skills and ecosystem partners, we're all in to create new value across sectors. I got a partner from EY that I met last year to grab a coffee with me during a career fair this Friday but I literally have no idea what to talk about or bring up. r/ernstandyoung: Anything and everything about Ernst & Young I received an email from EY (can’t tell if this an automated email or from a recruiter) to clarify my work eligibility and the salary noted in the job posting. Making partner, even if you make it to senior manager, is extremely difficult. Dec 12, 2023 · Ernst & Young is laying off dozens of partners across all U. Wondering the difference between working in the Business Consulting practice vs EY Parthenon. Whether that is by means of taking over work from a previous partner or finding your own clients and business. assurance, advisory, TAS, tax) and how much billings/revenue they bring in. From my experience, I got 3 referrals from different partners and landed a job very easily. I finally made Partner! (Big 4) I work in the UK Big 4, non audit. Very few insane comp figures on that thread (I think I only saw one); nearly all of it is Partner Round Interview at EY I had my final partner round interview at EY last week, for a Manager role. Currently in my 2nd year of a 4 year masters program and have been going to big four recruiting events where they have a panel of partners speak about the firm. The firm said the layoffs will affect EY typically doesn’t let new grad hires negotiate much on anything but starting date. Many people skip Is the managing director title new to the firm? Is this title a required step towards partnership I. Oct 23, 2024 · Firm Management | October 23, 2024 EY Got Rid of Staff Who Took Multiple CPE Courses at the Same Time The Big Four firm said taking the online training courses concurrently was an ethical breach The partner retired with full pension and benefits and the manager is a director now, standing in line to be partner. But every post I’ve read says, “you have no WLB, you’ll be working 80-hour weeks, you’ll work through the little PTO they allow you to take, etc Hi everyone! The hierarchy goes as follows: Staff Senior Manager Senior Manager Partner/Director Is this correct for audit? If so, how long does it take to get promoted after each position (on average) at EY? Is it the same for forensics as well? Thank you! Dec 12, 2023 · Ernst & Young is laying off dozens of partners in its US offices amid declining revenues in the accounting sector and a failed effort to break up the company. I completed my assessment interview (10 multiple choice and 8 open answer q’s) on HireVue about 6 days ago. This attempted split cost EY about $500M and ended up failing and not passing the partner vote. Curious what happens to the Partners who have been at these firms forever. Anyone know the average salary of a big four partner. you must be an MD before you become a partner/principal? I had previous heard that EY rank just under Partner/Principal was Senior Manager, but it seems like that’s no longer the case? Update: I’m aware of what an MD title “means” in general. Aug 21, 2020 · We can support you in building an effective and efficient finance function with a range of accounting, reporting and analytics services. At one I went to they said they are all financially comfortable enough to basically do whatever they want in life. umzxw pttzu xkfv nqrrgw msswyg usft xsgeop fdlto bupu dnjsodz