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re: Job with Ernst and Young

Posted on 5/20/23 at 10:59 pm to
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 5/20/23 at 10:59 pm to
Good luck with those 55hr weeks and getting laid off when he’s no longer needed.
Posted by GeauxTigers123
Member since Feb 2007
2457 posts
Posted on 5/20/23 at 11:00 pm to
quote:

Mother of god why in the HELL would you agree to anything close to this?




Cause there a lot of people with high up corporate jobs (some worth many millions) got there start there.

I doubt that makes it any better when you are 25 and actually working there.
Posted by Sun God
Member since Jul 2009
46881 posts
Posted on 5/20/23 at 11:11 pm to
What have I become
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
67365 posts
Posted on 5/20/23 at 11:11 pm to
quote:

Is that why when I type "welder average salary" on google. Welder I average salary is $47,500 to $53,000? why does it say average per hours is $21.34 per hour? Dude, you're off by 300%


Typing in “welder salary” is about as vague and generalized as you can get just fyi. Industrial combo welders, especially rig welders, can certainly clear 140-150 with OT and per diem. Sure it’s a tough living and your income ceiling is capped, but lots of people are willing to hustle for that.

$47,500 is what a crackhead stick welder makes at a shitass machine shop in a small town
Posted by KillTheGophers
Member since Jan 2016
6595 posts
Posted on 5/20/23 at 11:21 pm to
He will be miserable for a few years and have no personal life.

Document every damn thing - don’t let a minute slide - billable, cpe

Prepare to travel alot - keep perfect records.

It is going to suck - but if he can make it a few years, it will pay dividends.

Don’t burn bridges - always take the high road - never compromise your morals - never let a client pressure you - clients are stupid but show the respect they deserve but don’t kiss their arse….never


Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
16972 posts
Posted on 5/20/23 at 11:41 pm to
quote:

Here's what you're not considering (from my perspective, at least.) We're trying to sell a multi-million dollar engagement, for instance, to implement and secure a state health insurance exchange. Am I going to trust a company that can't format documents properly? Do you want to be the bro that sends a proposal to UPS via Fedex? Another example, and this should be mind blowing, is another team that delivered, and presented a PPTX on a 100M+ outsourcing agreement to a government agency where a single bulleted list switched between numbers and bullets. In the same list (this wasn't Big 4, and they refused to see why it was a problem.)


Thank you.

The worst thing in the world is to be In front of some high dollar client or prospect and somebody fricked up the slide deck. It’s not that freaking hard.

The problem is we’re running into gerations of people that can’t write or proofread. When I first started in the corporate world my mgr wanted drafts of all my letters and would mark them up. He taught me how to say the same thing in 1/4 of the space.

People in my company today send me shite to proof and refine because of what I learned under him.
Posted by Breauxsif
Member since May 2012
22291 posts
Posted on 5/20/23 at 11:41 pm to
quote:

Jesus christ this sounds like one shitty way to live.

Yeah

Working in tech
Posted by H2O Tiger
Delta Sky Club
Member since May 2021
6858 posts
Posted on 5/21/23 at 12:06 am to
quote:

6. Do not let him "eat" hours. This means he works 60 hours, but bills for 40. It's not his job to deal with the repercussions of the Manager being unorganized or unprepared, etc.


I was with you up until this. You bill what you work but just because you were in the building 60 hours doesn't mean you worked 60 hours. Coffee breaks, bathroom breaks, scrolling on Instagram, reading TD on the computer don't count as work. You better have a damn good reason for having 60 hours showing up on your timesheet otherwise you'll get stuck on the bench. Nobody wants to work with that guy.
Posted by Saunson69
Stephen the Pirate
Member since May 2023
6649 posts
Posted on 5/21/23 at 3:23 am to
quote:

Thank you.

The worst thing in the world is to be In front of some high dollar client or prospect and somebody fricked up the slide deck. It’s not that freaking hard.

Okay, let's break this down. I'm sure there are excel files at the company that have potentially 50+ sheet, 50+ columns per sheet, and 100+ rows per sheet. 50*50*100 is 250,000. Let's say there is 1 mistake in 1 cell. That's 251,343 out of 251,344 correct. If this is what you make in class, you'd have a perfect 4.0 GPA or actually 4.3 GPA it being an A+ and be valedictorian of your class and likely be attending a Harvard-esque university. It's dumbass managers that have been removed from editing excel or powerpoints that don't stop and take the time to think "Doyhhh, dermmm, 1 mistake mean he fail. Fail no good. He on bad list." Before you judge, actually take the time to think this out.
This post was edited on 5/21/23 at 3:26 am
Posted by Cypdog
Member since Jan 2014
841 posts
Posted on 5/21/23 at 3:39 am to
Take all big 4 advice with a grain of salt. There are 100s of thousands of big 4 current and former employees all with different points of view. Some have busy seasons with lots of hours, some don’t. Some have no busy season but work all the time. Like all companies, there are good bosses and bad bosses and like anywhere that will affect your perception of your time there. It’s not for everyone and the job changes dramatically as you move through it.

My 2 cents on some of the topics raised: Nearly everyone coming into the job was above average at least coming out of school. When all your peers are like that, what defines average shifts. It takes a lot of big 4 new hires time to get used to that or they leave bitter and broken (who wants to work tons of hours and be called average when their whole life they have been praised). Second, the grass is not always greener somewhere else. Lots of people leave and take those work habits with them, especially the upwardly mobile ones. Third, if you are going to work that much, make the hours count. Showing up and going through the motions anonymously is going to leave someone bitter and broken. Work on things that actually matter to people that make a difference and when you do, don’t F up. Make your opportunities and make the most of them. On travel, again, depending what you do, where you are based out of will determine that. Some people travel all the time, some never. Some love it, some hate it. Some used to love it and no longer love it. All of that will affect the opinions you receive.

Lastly, I will say this on international work. Yes, there is the occasional perk of being able to hide in changing time zones, however, my experience was different. When I worked European or eastern Caribbean hours, my days would be long as I would usually have west coast hours meetings. Other times I would wake up to fires that had already been burning while I was sleeping or worse, would come in as I was about to go to bed. That was all unpleasant. The positive side of all that is that is that for most people it’s project based and there is always a light at the end of the tunnel.
Posted by Eurocat
Member since Apr 2004
15802 posts
Posted on 5/21/23 at 5:27 am to
Thank God the tax court just ruled 5471 - as of now - is unenforceable by fiat and the IRS has to go court if they think you did something wrong.
Posted by Hondo Blacksheep
Member since Jul 2022
2827 posts
Posted on 5/21/23 at 5:29 am to
Sound advice all.

Seems Big Accounting is basically like Big Law ....
Posted by MSTiger33
Member since Oct 2007
21018 posts
Posted on 5/21/23 at 6:04 am to
Meh, they seem happy and their kids seem happy. Sometimes it’s ok to sacrifice your young years.
Posted by PrimeTime Money
Houston, Texas, USA
Member since Nov 2012
27696 posts
Posted on 5/21/23 at 6:08 am to
Will be a grind. If he sticks it out for a few years, it could be valuable. Wait until busy season. He’ll be working past 10 on some nights. And sometimes even later than that.
Posted by JumpingTheShark
America
Member since Nov 2012
24240 posts
Posted on 5/21/23 at 6:38 am to
Hope he’s ready to work a shitload.

Kind of a weird job for an Econ major, does he want to do accounting? Could he even take the cpa exam?
Posted by Porpus
Covington, LA
Member since Aug 2022
2537 posts
Posted on 5/21/23 at 8:07 am to
The worst part of working for Ernest and Young is closing out the physical year.
Posted by Sheep
Neither here nor there
Member since Jun 2007
19691 posts
Posted on 5/21/23 at 8:14 am to
quote:

Thank you.

The worst thing in the world is to be In front of some high dollar client or prospect and somebody fricked up the slide deck. It’s not that freaking hard.

The problem is we’re running into gerations of people that can’t write or proofread. When I first started in the corporate world my mgr wanted drafts of all my letters and would mark them up. He taught me how to say the same thing in 1/4 of the space.

People in my company today send me shite to proof and refine because of what I learned under him.


Goddamn, this ^.

I feel like I'm being pedantic all the time, but some of the shite that I see in email and slide decks is appalling. And I work at a strong, reasonably big company populated with really smart, good people.

(Of course, I'm convinced Mrs. Sheep and I got together on the internet dating back in the day because we were the only two people that could put a sentence together.)

Maybe it's how I'm wired, but fricking be better, people.
Posted by The Torch
DFW The Dub
Member since Aug 2014
23795 posts
Posted on 5/21/23 at 8:23 am to
First he should tell them to fix the stupid name to Ernest



2nd - who the F#$K would take a job without knowing details ? Does he know the starting salary ?

Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
70406 posts
Posted on 5/21/23 at 8:30 am to
quote:

Form 5471. Learn it, love it, live it.
My annual friend
Posted by baldona
Florida
Member since Feb 2016
22493 posts
Posted on 5/21/23 at 8:36 am to
Why would an Econ major go into this type of accounting role? As said, wouldn’t he want to plan the CPA route? Or what’s an Econ majors path moving forward? I I’d assume partners mostly are CPA’s? I’m ignorant obviously, just not understanding the career path?

I don’t know the bonus structure or compensation package, but if ythe pay is average to good by salary and you are routinely working a true 50+ hour week then that’s not good pay. There’s working hard and trying to start a career and then there’s just working with no ability to enjoy your life.
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