Hundreds of people have bolted EY to join PwC in different locations around the world the past dozen years but this is only the third time one of those moves has been documented on this here website. So congrats to Mike Holford for being the subject of this most recent “PwC Poaches Someone From EY […]
EY U.K. is so excited about its recent hire of a former PwC partner that someone in communications actually sent us this message earlier today: I absolutely loved the first two parts of your ‘EY Poaches Someone From PwC and Issues a Press Release,’ To complete the trilogy, I wondered if you’d be interested in […]
Today’s edition of “Big 4-on-Big 4 Poaching From Around the World” takes us to Romania, where EY has put everyone in that country on notice now that it just hired a tax specialist away from PwC and made her a partner. Georgiana Iancu now has a seat at the adult table: [Translated to English] Georgiana Iancu […]
Editor’s note: This article was originally published on Aug. 15, 2019. Update is at the bottom of this article. Bubble Wrap maker Sealed Air Corp. disclosed in a securities filing earlier this week that it dumped EY as its external auditor and hired PwC, the Wall Street Journal reported yesterday. Now, EY losing an audit […]
Julianne Inozemcev now plays for the red team. [PwC, Earlier] A Proposal to Get Tax Reform Back on Track [Martin Sullivan] Woman shot by oven while trying to cook waffles Aalaya Walker was visiting a friend in St. Petersburg Monday when they decided they wanted some late-night waffles, The Tampa Bay Times reported. So Walker began […]
Let this serve as the inaugural post to the immensely popular sister series: KPMG v. PwC. And while Ernst & Young has been proactively adding talent via competitive poaching from Deloitte and others, to our knowledge Papa Whiskey Charlie and the Black and Yellow have not had any public personnel entanglements until today: Michael Spielman has […]
Today in makeshift accounting therapy, a fed up E&Y vet is contemplating a move to arch-rival PwC and wants to know if this is a suicide move.
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As for our potential E&Y Benedict Arnold:
I’m at EY, looking at a position one-level above where I am at PWC. Is this a frying-pan/fire situation?
EY as “more people friendly” is a concern, because EY is horrifically NOT people friendly.
I’ve know the guy I would be working for at PWC very well and I think I’m maxed out at EY.
Okay, so not a lot to go on here but we’ll take a stab at this. First off, if you’re maxed out at E&Y then looking for a new gig is the right move. The timing isn’t bad (assuming you’re not in the tax practice) and it sounds like you’ve got a decent lead at PwC. That said…
What makes you think PwC will be better than E&Y? Has the guy that you would be working for told you explicitly that he’s having the time of his life over there? That, besides the PwC Experience, you’ll be getting 40-50 hour weeks, happy hours devoid of assaults and access to professional oral sex providers on a regular basis?
More questions to consider: Does “the guy” stand to get a referral bonus for poaching you? Can you see yourself working for him? This could turn out to one hell of an epic mistake if he gets a few thousand bucks and you end up working for a whip-wielding taskmaster.
Now that we’ve planted the skepticism seed, if “a position one level above” is a legit promotion (title and salary bump), that might be worth considering. If it’s more of a lateral move, then we’d suggest passing unless there were perks like we described above.
Other important things to consider: 1) You will be torching many bridges at E&Y. Are you okay with that? 2) Is your potential new job really what you want to do. We’re making the assumption that you like your work but you’re over life at E&Y. If you don’t like your work then you’ve got a whole other problem. 3) Do you really, really, really, really want to stay in Big 4? Have you seriously asked yourself that question?
Ultimately, the opportunity may be a great one but you’re still taking a big risk assuming your life will be infinitely better working at PwC over E&Y. Proceed with caution.