UK
It has come to our attention that Ernst & Young has biggish hiring plans for its financial services advisory arm.
Fresh from hiring Vincent Oratore from Banque AIG for its financial services tax practice, our source informs us that E&Y aspires to further expand its FS advisory headcount by 30 people.
A spokesperson for the company says E&Y’s advisory practice is engaged in “everything that’s not audit.” More specifically, this includes risk management, regulation, tax and other consulting services.
The new hires will apparently be business analysts, project managers, ex-operations, ex-risk people and consultants. They will not, unfortunately, be ex-corporate financiers or unemployed prop traders.
Initially the company is understood looking for senior executive to managerial level recruits.
“It has come to our attention…” – what is this, some sort of official government memo?
It has come to our attention that they don’t actually pay very well at all.
@Anon – it was written in a tone of (subtle) irony.
What basis is there for saying they don’t pay very well at all?
Don’t mean that as a dig, I was just wondering if you had compared with other big 4 professional service firms etc?
I worked in EY couple of years ago in FS audit and believe that their salaries are the best if compared to other Big 4.
The big 4 do not pay very well at all to be honest..Managerial level base pay is around 53k starting for a fully qualifIed ACA
I worked there their pay level is always adequate.
Saw the ads on eFinancialCareers so definitely true.
their salaries are the best if compared to other Big 4.
EY have cranked up their advisory opportunities, especially in their London office. Economic advisory and restructuring are where they are looking to expand their revenue!