KPMG Pay & Benefits reviews

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2.0
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Boys club
Assistant Manager (Former Employee) –  Glasgow, Glasgow28 November 2018
I eventually resigned from the boys club where men get promoted 10 times faster and are treated infinitely better than women. Long hours under immense pressure are expected, with very little thanks and they will find any excuse to get out of paying bonuses or salary increases to anybody below senior management.

To be fair, I believe other areas of KPMG (eg audit and tax) have much better cultures but avoid restructuring at all costs if you are female and have any sort of career aspirations except to get it on your CV.
Pros
Looks good on your CV, learn a lot
Cons
Poor progression, boys club, poor pay
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1.0
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Worst company I ever worked for
Auditor (Current Employee) –  Provincia di Firenze, Toscana17 November 2018
From unpaid overtime to Christmas and weekend compulsory inventories to 9 am to 9 pm working hours. All the worst you can find in a company KPMG has it.
Pros
Can't think of any
Cons
Long hours, no respect for employees, low pay
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2.0
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Falling quick - Audit
Senior Staff (Former Employee) –  London, Greater London15 November 2018
1.) Job Work/Life Balance : good news is there is no more busy-season, bad news is that that is due to being busy all year. You'll still be slammed Jan - April, but expect your May - September to be busy and your Nov - Dec to clash with holiday plans. Expect to work 1 - 2 weekends during non- busy season months. Additionally, due to the negative press; expect to spend 10-20 hours a month on mandatory audit quality training.
2.) Salary/Benefits : KPMG admits that they trail the other big four firms. They are attempting to remedy the situation. However, with the announcement to drop consulting work for audit clients, I believe they'll use that as an excuse to flat-line salaries. Lobby hard to get a better starting salary. They need you more than you need them.
3.) Job Security : good news is you'll be relatively safe, bad news is that is because they can't afford to lose anymore staff. Same goes for advancement, great opportunity from all the turnover. However, staff have continually refused promotions to ensure their resignation period stays at a shorter period and/or to avoid the pain they see seniors in.
4.) Management (Directors and above): I have no idea what they are doing besides overselling their practices. To be fair, that's not a bad thing if they implemented an effective staffing plan, but they haven't. They are very disconnected from their staff and will stroll by the staff rows on their way out at 5pm. That said; it's a mixed bag on knowledge and helpfulness.
5.) Job Culture: The staff are very friendly and welcoming. Central teams are extremely helpful. Everyone
  more... is generally good natured. The morale is very low though; constant strain of increase in audit quality, with less staff, and tight budgets (as always), with extended busy seasons has really impacted morale. Additionally, performance reviews have done little to consider the excessive situations staff are put in by the partners ridiculous concessions.

tl;dr Due to work life balance and increase demand for quality with little attempt to compensate with staff / pay, I would not accept a position within KPMG Audit.
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Pros
Central office
Cons
See review
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4.0
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Nice people but felt under appreciated
Restructuring Associate (Current Employee) –  London, Greater London25 September 2018
The people are great however, there wasn't any scope for progression in my team and the salary didn't match the work I undertook. I was doing work above my pay grade but not getting the benefits.

Good culture with a particular focus on diversity and inclusion.
Pros
Social aspect, wide range of clients
Cons
Salary
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4.0
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Good Company
Payroll Officer (Current Employee) –  Birmingham21 August 2018
Good company to gain industry experience.Very nice working environment and the benefits are good too.
Most enjoyable part of the job is that you can work from home.
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4.0
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Productive
Audit Assistant Manager (Current Employee) –  london30 July 2018
Benefits of starting your career at KPMG are an exposure to senior individuals, training and coaching. A fantastic amount of opportunities within the business.
Pros
lunch
Cons
hours
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5.0
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Excellent company
"Accountant Management" (Former Employee) –  Manchester11 June 2018
excellent company to work for, flexible timing learned a lot from company environment amazing multiple workplace environment
hardest part of the job is time management
Pros
paid holidays and air tickets
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4.0
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good place to start career
Audit Assistant (Former Employee) –  London, Greater London3 May 2018
Good place to start your career and to learn basic skills. A good base for transition into more analytical jobs (it is Research, Commercial Finance or M&A).
Pros
Fun workplace
Cons
Long hours from time to time
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1.0
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Belief in the "Big 4" status arrogance is rife
Manager (Former Employee) –  London25 April 2018
Blood sweat and tears expected for a below market rate salary.
The worst company I've ever had the misfortune of being duped into working for.
Expect promises of rapid promotion and nice bonuses. Reality is a daily endurance test of your will to live.
The free lunch is a con, the only free thing you can get is a reformed chicken sandwich you will have to queue for most of your lunch break to get your hands on. - Essentially a ploy to keep you in the building.
No matter what level you are, hierarchy always rules and you will be treated as such.
Leaving on time and working your hours is frowned upon.
Pros
you receive a monthly pay check
Cons
you question your life choices on a daily basis
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5.0
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work experience
Administrator (Former Employee) –  Leeds25 April 2018
work experience
I throughly enjoyed this experience I met a lot of people who have given me a lot of good advice and to keep working for my apprenticeship. I owe a lot to them for the role they have played.
Pros
Free lunches
Cons
Long hours
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3.0
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Good team
Student Recruitment Coordination Manager (Former Employee) –  London16 January 2018
Great team - the best thing about KPMG is the people. comuting and salary are not so great. lots of oppotunities to learn new skills and they respond well if you are focused on climbing hte ladder.
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2.0
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Many many years ago and still as busy today
Secretary to Director (Former Employee) –  London, Greater London2 December 2017
I worked here as a secretary many years ago. We had 6 secretaries rammed into a tiny room, one of which was not easy to get along and you're stuck with them day in day out!. It's probably changed in that respect but as to the job we were inundated. Looking at the job spec now it's just as bad. They pile the work on you... tons to type, phones constantly ringing, no time to even get a cup of tea. Day in day out you'll be worked to be bone for that salary. Don't say I didn't warn you! Just look at the list of duties!
Pros
Pay
Cons
Work overload
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5.0
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Nice people
Audit Intern (Current Employee) –  Romania1 December 2017
Great people but the salary is small and is not comparing with the amount of work. Also you have to work overtime and its not good for your personal life.
Pros
Smart people, great working with them.
Cons
Small salary
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4.0
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Good stepping stone
Assistant Manager (Former Employee) –  London30 October 2017
Learnt a lot with KPMG.
Offer great progression and opportunities to learn.
Competitor salary.
Good exposure to clients.
Ability of take on respossinility early.
Can move around company quite easily.
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1.0
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Awful culture, poor rewards
Marketing (Former Employee) –  Multiple14 August 2017
Lack of vision from C-Suite and top management has meant deterioration of the company straight to bottom of the Big 4.

Highly matrixed organisation where there are too many heads with different wants that everyone tries to keep everyone happy rather than do the right thing for everyone, so you always end up with the lowest common denominator.

Salary offerings are mediocre with no benefits comparable to corporates, and as a partnership there are no share options or profit share (unless you are close to the very top), healthcare matches corporates, but pension contributions are laughable as are bonuses.

If you want to be rewarded appropriately for the amount of work then look elsewhere - bonuses rarely come and are reserved for upper management where bonus amounts become a higher percentage with higher levels.
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3.0
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Fun, great benefits - but too difficult to progress/move roles.
Project Manager (Former Employee) –  Watford, Hertfordshire14 August 2017
Very difficult to progress or move into another area without the experience, which you cannot gain unless doing the role you are trying to seek!

Otherwise, great benefits, lovely people and working flexibility in most teams.
Pros
Lunch allowance, benefits
Cons
Lack of progression/career options
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5.0
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Great place to work but...
Audit Senior (Former Employee) –  Luxembourg11 August 2017
KPMG like any of the big four is a great place to start your career but you'll find yourself working about 50-55 hours a week in the first few years and this only increases over time. The pay is good and the working environment is good however, the office will become your home.
Pros
Salary, benefits, working for a market leading organisation
Cons
Long hours
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4.0
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Audit
Associate (Current Employee) –  London, Greater London5 July 2017
Friendly and knowledgable management
Work-life balance the best amongst the big four
Great training opportunity and personal development
Low salary
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3.0
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hated it
Corporate Tax Assistant manager (Former Employee) –  Ipswich30 June 2017
A long time ago now, but even now, being made redundant when seemingly noone else in the office was rankles with me.
Timesheets never had a high enough utilisation rate, and the office was a satellite - ie Head office forgot about us

In fact, it is closed now, and staff have moved away, so this is a very specific review with a personal slant. I enjoyed the money, but nothing else whatsoever
Pros
lunch allowance, bonus, pension
Cons
Nothing was ever good enough for them
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3.0
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Too many layers of hierarchy
Executive Secretary (Current Employee) –  Birmingham, West Midlands10 April 2017
Usual secretarial duties in a Big 4 accountancy firm. Not keen on the layers of hierarchy and management.

Otherwise ok firm to work for but salary could be higher for what we do
Pros
Benefits + free lunch
Cons
Salary not very competitive
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Overall rating

4.0
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