Well, there had to be a biggest loser in Fortune rankings this year amongst the accounting firms and this year the honor belongs to E&Y. Now, we’re sure you’ll give us your thoughts on why you think the firm took a dive from #44 (highest ranked firm last year) to #77 but the fact that Fortune indicates the firm dropped subsidized gym memberships could be a good place to start. Maybe E&Y decided it prefers its people on the frumpy side? Or maybe they’re simply saving for the Lehman Brothers defense fund?
Ernst & Young – Previous rank: #44. Need reasons? How about corporate citizenship? Fortune says, “The consulting and auditing firm donated some $31 million to charitable causes in 2009, including $6.4 million in matching contributions.”
Stats of note:
• New Jobs (1 year): -1,751
• % Job Growth (1 year): -7%
• % Voluntary Turnover: 11%
• No. of Job Openings at 1/13/2010: 10,000
• Most common salaried job: Manager – $102,593
• % Minorities: 29%
• % Women: 49%
Taking a look at last year’s stats, new jobs, percentage job growth, voluntary turnover, average salary for most common job all trended negatively. Percentage of minorities was flat and percentage of women ticked down 1%. The number of job openings jumped from 622 last year to the 10,000 above, so interpret you can either interpret that as “we’re desperate for people” or “we’re growing like gangbusters.” Arguments for each, thoughts on the 33 slot drop or speculation on what kind of cigars Jim Turley (Cohibas, we thinks) took to Davos are welcome at this time.
The Fortune 100 Best Companies to Work For: Plante & Moran #26 (2011)
The Fortune 100 Best Companies to Work For: Deloitte #63 (2011)
The Fortune 100 Best Companies to Work For: PwC #73 (2011)
The Fortune 100 Best Companies to Work For: Ernst & Young #44