EY reviews

Employees are underpaid for the work that they do every day.

Compensation is a huge issue here. Employees are over-worked and under-paid. Turnover is high at the Senior level, as clients or other private companies tend to have better overall compensation and more work/life balance, especially after having 3-4 years of experience. Work/life balance can be a struggle for a lot of people at the firm if they happen to work with the wrong people or the wrong industry. Overall, people, on average, tend to work more than their counterparts outside of public accounting and this is something that probably will never go away until you make partner. Incentives to be better than peers are non-existent (until you reach the soon-to-be-partner level), aside from a pat on the back.