Ernst & Young
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About Ernst & Young
We help digital pioneers fight data piracy; guide governments through cash-flow crises; unlock new medical treatments with data analytics; and pursue high quality audits to build trust in financial markets and business. And now we’ve unified all our artificial intelligence (AI) innovation and development efforts under one platform, EY.ai, to help enable clients to efficiently access the benefits of AI. It is also intended to increase transparency, trust, and confidence in AI as EY seeks to use these new capabilities to serve the broader interests of society and contribute to a more inclusive, equitable future.
Through our four integrated service lines — Assurance, Consulting, Strategy and Transactions, and Tax — and our deep sector knowledge, we help our clients to capitalize on new opportunities and assess and manage risk to deliver responsible growth. Our high-performing, multidisciplinary teams help them fulfill regulatory requirements, keep investors informed and meet stakeholder needs.
We believe a better working world is one where economic growth is sustainable and inclusive. We work continuously to improve the quality of all our services, investing in our people and innovation. And we’re proud to work with others – from our clients to wider stakeholders – to use our knowledge, skills and experience to help fulfill our purpose and create positive change.
Ernst & Young Subsidiaries
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Change Company | Change Company | Change Company | ||
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Overall Rating | 3.5/5 based on 9.9k reviews | 3.8/5 based on 16.7k reviews | 3.5/5 based on 5.1k reviews | 3.4/5 based on 8.5k reviews |
Highly Rated for | No highly rated category | Job Security Skill development Salary & Benefits | No highly rated category | No highly rated category |
Critically Rated for | Work-Life balance Promotion/Appraisals Work Satisfaction | Work-Life balance | Work-Life balance Promotion/Appraisals Work Satisfaction | Work-Life balance Promotion/Appraisals Work Satisfaction |
Primary Work Policy | Hybrid 71% employees reported | Hybrid 83% employees reported | Hybrid 65% employees reported | Hybrid 68% employees reported |
Rating by Women Employees | 3.4 Average rated by 3.1k women | 3.8 Good rated by 4.9k women | 3.5 Good rated by 1.6k women | 3.4 Average rated by 2.4k women |
Rating by Men Employees | 3.5 Good rated by 6.3k men | 3.9 Good rated by 10k men | 3.6 Good rated by 3.1k men | 3.5 Good rated by 5.6k men |
Job Security | 3.7 Good | 3.9 Good | 3.7 Good | 3.6 Good |
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Southern States recorded more number of road accident cases in the last 4 years: IRAD
- Since the implementation of IRAD, 1,393 days have passed, during which period 102 road accidents were recorded on an average every day, taking the tally to 14.1 lakh road accidents.
- The Road Safety in India 2023 Status Report highlights that the number of deaths due to road accidents in the southern States is higher than the national average in the period between 2015-16 and 2019-20.
- The data shows Tamil Nadu, Maharashtra, and Uttar Pradesh as the top three States with the highest number of registered road accidents.
- EY’s report ‘Road Safety in India Navigating Through Nuances’ states that about 90% of road crashes indicate the involvement of human factors and traffic violations.
Can AI be harnessed responsibly for the greater good? What did EY Consulting’s experts say
- Leveraging AI for cybersecurity: Jeremy Pizzala, EY’s Asia-Pacific Cybersecurity Consulting Leader, highlighted the potential of generative AI in enhancing cyber defenses, but also expressed concerns about AI lowering barriers for cybercriminals.
- AI's imperfections: Dr. Sooyeon Kim, EY’s Asia-Pacific Technology Consulting Artificial Intelligence Leader, discussed the complexities of AI reliability and stressed the importance of human oversight in determining trustworthiness of AI insights.
- AI and sustainability: Neil Cherry, EY’s Asia-Pacific Consulting Technology Field of Play Leader, emphasized AI's role in sustainability initiatives, like climate modeling and renewable energy operations.
- The Greater Bay Area's potential as an AI hub: The briefing highlighted Hong Kong's advantages, such as its legal framework and integration with the Greater Bay Area, positioning it as a strategic hub for AI innovation.
An entire team of EY lawyers jumped ship to a major US law firm
- Eleven lawyers from EY have left the firm to join US law firm, Hunton Andrews Kurth.
- US law firms are expanding in the UK to serve global clients.
- EY's legal division has cut jobs and is considering restructuring.
- Hunton Andrews Kurth has seen increased demand for its services.
McKinsey reportedly promoted its smallest new partner class in years amid a consulting slowdown
- McKinsey promoted only around 200 employees to partner this year, a 20% reduction from 2023 and significantly lower than in previous years.
- Partner promotions at McKinsey have declined amid a tough climate for professional services.
- The decrease in partner promotions affects partner payouts, as demand for services has decreased.
- Partner payouts at other consulting firms, such as EY and PwC, have also fallen this year.
EY launches Global AI Advisory Council
- EY has launched the EY.ai Global AI Advisory Council with a focus on AI advancements and societal impacts.
- The council will guide EY professionals in navigating and leading AI developments and adoption.
- Experts from business, government, and academia will provide counsel on diverse areas including customer experience and talent management.
- The council aims to address global challenges and ensure equitable access to AI while mitigating societal risks.
Unlocking the Power of Snowflake’s Synthetic Data Generator — 2 & Final
- This blog tackles common questions about Snowflake's Synthetic Data Generator.
- The synthetic data generation process operates on individual tables, not on joined datasets.
- A suggestion is given to create a view combining input tables with the required join logic and then generating synthetic data from that view.
- The author is a Cloud Data Architect at EY New Zealand with expertise in various data projects.
Shashi Tharoor Urges Labour Minister to Restrict Work Hours of Employees
- Congress MP Shashi Tharoor has urged the Minister of Labour and Employment to restrict employees' working hours.
- Tharoor highlighted the negative impact of long working hours on mental and physical health.
- He suggested implementing laws, conducting sensitisation workshops, and establishing grievance redressal mechanisms.
- Tharoor cited the tragic death of an Ernst & Young employee and India's high working hours as reasons for urgent action.
EY is set to cut 150 senior consultants as the Big 4 battles slowing demand
- EY is set to cut 150 UK consultancy jobs as demand for advisory services slows.
- The layoffs will affect managers, senior managers, and directors in the 4,700-person unit.
- This comes as EY reported its first annual drop in employee headcount in 14 years.
- Other Big Four consulting firms have also announced layoffs in response to declining demand.
Fewer Canadians Plan To Buy An Electric Vehicle: Survey
- A survey by EY reveals that fewer Canadians plan to buy an electric vehicle.
- Only 15% of consumers in Canada intend to purchase a fully electric vehicle between now and 2026.
- Concerns about higher price, limited driving range, battery replacement costs, and lack of charging infrastructure were cited as reasons for reluctance to buy electric vehicles.
- High gasoline prices and federal incentives were mentioned as top reasons for those who plan to purchase electric vehicles.
EY has an AI avatar named eVe that lets job candidates do a pre-interview in the metaverse
- EY, a Big Four accounting and consulting firm, has an AI-powered avatar named eVe for pre-interviews.
- Job candidates can ask questions and prepare for real-person interviews.
- Candidates can also take virtual tours of EY offices in the metaverse.
- The AI avatar aims to provide a better and less stressful hiring process.
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