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Will Ernst & Young FSO Start Forced Rankings Next?

Posted on by Adrienne Gonzalez

We're getting word things are becoming a little claustrophobic over at Uncle Ernie's house.

In NY – FSO (EY) apparently there are so many high performers at staff 2 that discussions regarding ratings are still ongoing to help normalize the rankings.
"Normalize" is never a good word. Animal shelters "normalize" their populations in the euthanization room when the shelter is too full ifyoufeelme. KPMG has been trimming the fat too and but such is the business.
 
The EY contingent has been awfully quiet lately, which we hope doesn't mean they're too busy polishing up their résumés to get in touch and let us know what's going on over there. Can someone please send out a smoke signal so we at least know you're OK?

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Rumor Mill: Ernst & Young Bermuda Needs a Few More Hours Out of You

According to a tip we received, beginning this week E&Y is requiring its professionals in Bermuda to charge 50 hours a week through mid-December. This is up from from the normal 40, according to our source.
Our source also indicated that the mandatory 50 hours is considerably more than what the other firms require, citing Deloitte who “has minimum 37.5 hours year round.”
For our friends working offshore, give us the scoop on your hours approaching year end. We also expect a few of you have worked in Bermuda and even more of you have worked with professionals in the Bermuda or other offshore offices, discuss your thoughts in the comments.