The always über-hyped Fortune 100 Best Companies to Work For is out and a handful of accounting firms make an appearance, thus, extending the number of years that firms will continue to boast about their inclusion. We’ll present each in the order they are ranked for your enjoyment/debate/debunking, starting with E&Y.
Ernst & Young #44 – Previously ranked #51. According to Fortune E&Y is great because, “E&Y is the only one of the Big Four to offer a traditional pension in addition to a 401(k). The firm is courting alumni via a new magazine, Connect.”
Other interesting stats per the snapshot:
• New Jobs (1 year): -1,111;
• % Job Growth (1 year): -4%;
• % Voluntary Turnover: 10%
• No. of Job Openings at 1/13/2010: 622
• Most common salaried job: Manager with average salary of $105,544
This is the first we’ve heard of Connect but we’re guessing Zitor makes a regular appearance. If no Zitor, we wouldn’t bother.
On a more biological note, it’s not clear is where E&Y would rank if Fortune had gotten word of someone hoarding the keys to the mens john in Jericho. We figure if they knew a sicko like that worked at E&Y it would knock them out of the top 50 at least.
That’s right, we beamin’!
The article is incorrect. KPMG has a pension as well as a 401k too.
Haven’t any of you worked in public? The firm holds a gun to your head by bombarding you with e-mails until you vote for your firm. E&Y is #44 on the list of companys with the best tactics for annoying their employees into compliance.
D&T has a pension, too. Maybe they define “traditional” differently than I do.
@2: The KPMG pension was frozen some time ago. It is not offered as a benefit to current new hires.
KPMG while it made the list, we are 4th out of the Big 4…..I am not surprised we make a stupid ass meaningless list such as the top 100 places to work, it is a PR game and we pay a f*&k load of money to people at the firm to get on as many lists as possible. I hope someone takes note 4th out 4 is not a great place to be, whether or not we are on the f&#king list
@6 Hey, wait a minute. We’re on the list and that’s what counts… How can you expect us to just leapfrog such storied institutions as Scooter Store and Build-a-Bear?
Like all the Final 4 firms, EY is no different in its zeal promoting and/or responding to the multitude media generated employment lists.
For some reason, EY leaders feel that its clients and new hires see probative value in the less than scientific lists. Hence, EY responds accordingly – no different in the business or law schools clamoring over their rankings.
Ain’t like the Final Four won the Malcom Bandrige award or earned their ISO certification but it does generate a decent dollar for the publishers.
I’m sure the firms pay a pretty penny to address the publishers’ subjective criteria and then spend another pretty penny paying for all the special printings and stickers.
One employment list none of the Final Four are on is the hiring and retention military veterans which somewhere seems a bit sad given the US is still fighting two wars. On the other hand, a quick scan of their webpages reveals a whole host of silly honors to include “being green”.
Like all the Final 4 firms, EY is no different in its zeal promoting and/or responding to the multitude media generated employment lists.
For some reason, EY leaders feel that its clients and new hires see probative value in the less than scientific lists. Hence, EY responds accordingly – no different in the business or law schools clamoring over their rankings.
Ain’t like the Final Four won the Malcom Bandrige award or earned their ISO certification but it does generate a decent dollar for the publishers.
I’m sure the firms pay a pretty penny to address the publishers’ subjective criteria and then spend another pretty penny paying for all the special printings and stickers.
One employment list none of the Final Four are on is the hiring and retention military veterans which somewhere seems a bit sad given the US is still fighting two wars. On the other hand, a quick scan of their webpages reveals a whole host of silly honors to include “being green”.
Like all the Final 4 firms, EY is no different in its zeal promoting and/or responding to the multitude media generated employment lists.
For some reason, EY leaders feel that its clients and new hires see probative value in the less than scientific lists. Hence, EY responds accordingly – no different in the business or law schools clamoring over their rankings.
Ain’t like the Final Four won the Malcom Bandrige award or earned their ISO certification but it does generate a decent dollar for the publishers.
I’m sure the firms pay a pretty penny to address the publishers’ subjective criteria and then spend another pretty penny paying for all the special printings and stickers.
One employment list none of the Final Four are on is the hiring and retention military veterans which somewhere seems a bit sad given the US is still fighting two wars. On the other hand, a quick scan of their webpages reveals a whole host of silly honors to include “being green”.
That salary figure is a joke, as is DT’s – maybe Fortune should have referenced this site’s salary thread before drinking the Kool-Aid from the HR people. Only a few Mgr’s make upwards of 100K, def. not the average – and if the avg. Senior comp at DT is ~85K, then why am I getting 31K less at Uncle Ernie in what is supposed to be a high cost-of-living city?
@11 because you either don’t know how to negotiate or are not that valuable.
If EY really is the 44th best company to work for then why does everyone want to leave before they get fired?
@11= WTF kind of senior only makes $54K, especially in an alleged “high-cost city”? What city are you in?
I live in the Bay Area, probably one of the top 5 highest cost areas in America, and my first year salary (Sep. 2007) was 55K
The Admins take these surveys… and yeah it would be awesome to be an admin at a big 4. You do nothing all day and then when asked to make a copy of some financial statements you pretend to be busy, and wait a day or two before doing a 20 minute job.
12 – 11’s point stands, those are pretty damned high
KPMG’s pension plan still stands…I’m looking at the HR website now and it says nothing about it not being offered to new employees (assuming applicable eligibility criteria are met). They redid the way the service credits work a few years ago, but the plan as a whole is still offered — including the $5k initial bonus (vests in either 3 or 5 years, depending on when you started/became eligible)
“If you are classified by KPMG as an employee in Staff Class 3 through 7 (or comparable class as established by KPMG from time to time) as of the date your employment with KPMG or Plan participation first commences, you will be eligible for a “first year credit” equal to $5,000.”
Most common salaried position is a manager? I believe that their data is incorrect. I’m pretty sure that an associate would be the most common salaried job at any of the B4.
@11 – Agree w/ 14. I started higher than you, too. If you love your job so much, quit and re-apply; they’re probably giving experienced hires $70K for what you’re doing. Unless you’re really hot, that is. We assume that most of the posters on here are guys, but if you’re smokin’ hot and you suck at your job they might keep you around for staff pay, at least that’s what they do in my office. What kinds of jobs do you work on? Do they still have you doing bank recs?
@CN – Can we get a hot CPA’s thread going?