While Deloitte rings in the new year with generosity, E&Y has apparently taken a different approach.
One of our sources in the Ernstiverse has told us that busy season is being extended by two weeks this year. The first “official” week is this week (moved up one week from its usual spot) and there will be an additional week on the back end (first week in April as we understand it). This means mandatory 55 hours weeks are in full effect, so find some work people.
Oh! And it’s also our understanding that this week, “roundtables” are going on in the audit practice. We don’t know what those are exactly but it sounds sorta serious and it’s definitely not billable, so enjoy making up the time. If you’ve had the pleasure of attending one of these sit-downs, let us know how it went and keep us updated with other details.
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“Roundtables” – uh oh. The axe is going to fall asap. Anyone with average ratings and below, or those with ANY availability between now and the end of April should probably get their resume together.
55 hour mandatory weeks is weak. It’s 60 hour weeks at GT this year.
Roundtables = where they decide to lay people off right after they sacrificed 4 months of their lives. It’s also where they choose the annual winners of the employee popularity contest… they win a chance to compete at next years roundtables
There is a busy season?
EY SWSA here. Where did you hear about roundtables happening? They usually only occur in the summertime. Additionally, my office goes back to 40 hour weeks starting March. Granted, the roundtables could be happening, I’m a staff 2 so I don’t know dick, but I haven’t heard annything yet. Thinking this might be area or office-specific.
it’s not the 55 hour week minimum I’m concerned about, it’s the lack of a maximum. Stupid accelerated filers.
@4 for the most part, Roundtables are both in the winter and in summer, the end of either half of the fiscal year. I’m abut 90% sure that that’s firm wide.
Also, 55 hour weeks officially end April 2nd, which again, I think is the same firm wide, which makes it only a week longer than last year.
East Central area does not have roundtables until the summer this year. Winter roundtables were canceled this year.
@6, 4 here. Interesting. I’m looking at ARMS and I’m going back to 40 the week after my client files. Granted, I’m sure I’ll work more than that, but I don’t think its required for our office. I’ll take your word for it about round tables. Maybe I should just sametime Jim Turley and see what the deal is.
@4/8 and @6, SWSA is the semi-autonomous exception that proves the rule about EY being the most integrated global firm. I often wonder why and how (Andersen?), but that subregion does things a little differently. Of course, it lies within the realm of possibility that ARMS is sending 4/8 a subtle hint!
their extended busy season is still shorter than my non extended. In addition, they never officially end it and managers and partners try to pressuer you to extend it through july. I literally just had one tell me i had to comitt to working overtime the second week of may. I said no.
their extended busy season is still shorter than my non extended. In addition, they never officially end it and managers and partners try to pressuer you to extend it through july. I literally just had one tell me i had to comitt to working overtime the second week of may. I said no.
@9, 4/8 again. Yeah I thought the same thing about the subtle hint, but I’m chargeable through next busy season at this point. Addtionally, everyone on my team is going back to 40 after we file. Personally, I’m okay with being laid off and going to a job where I book revenue accruals for the next 40 years. Pretty sure some folks aren’t cut out for this, me being one of them.
EY PSW here, usually there are roundtables after busy season to eliminate which senior 3 and higher employees so it doesnt look bad to clients when their main contact for the new season gets fired.
Then in august/september there is another round for Senior 2’s and lower so that they can layoff people before the october raises/bonuses.