What is the difference between the Big 4? Lets look at some hard data to see!
With thousands of our brightest MBAs and graduates joining the big four every year, we conducted some research to find out what the employees see as the pros and cons of working in these prestigious jobs.
What we did:
We used a machine learning algorithm to quantify the text and identify patterns within a small set of data from Glassdoor.com, to identify and analysed key themes in this, the most candid and public of employee feedback.
We focused on what employees care about, by analysing the stated Pros and Cons or working at a set of employers, (the Big 4 Accountancy/Consultancy firms + their closest rivals).
I attach a big health warning to this data; we only had 175 comments to work with, which means that the analysis is by no means conclusive, nor free from judgment or bias.
What we found:
Employees love working for the Big 4 and their competitors, however there are key differences between each one that you really should take into account when deciding which to work for, or whether you want to work for any of them at all:
Leadership and Culture, Training and Career Progression is what they care about the most. Looking at the Pros and the Cons, to see what lay behind these ratings, we identified a clear set of similarities and differences in the themes employees associated with each:
Employees come and go for the same reasons. A clear set of topics dominated the top pros and cons; specifically, employees care about Leadership and Culture and Career Progression.
We dug deeper to look at the Big 4
When we focus only on the Big 4, a set of differences in employee perception emerge.
The pros tell us about how employees experience differs across the Big 4. At EY and PwC and KPMG they like the leadership and culture. EY and Deloitte love their colleagues. PwC and Deloitte appreciate the training they receive.
None of them cite “Innovation” as a theme they appreciated, however this is probably a result of the sample size.
The cons tell us a different story about employee experience. EY and PwC worry about career progression, while employees at Deloitte and KPMG dislike the leadership & culture.
So what does this mean for you?
No matter who you work for at the Big 4, they are all great companies, you will learn a lot, meet some great people and you probably won’t get bored.
But if it doesn’t work out for you, they are still a fantastic brand to have on the CV and with training in consultancy an ACA in your back pocket, you will be in high demand.
A win win.
Do you want to know more?
Feel free to contact us at www.retechnica.com. If you want this at scale, please reach out to me, James@retechnica.com.
More on the data: We pulled 175 the Pros and 175 Cons of working for one of the Big 4 and some their competitors from Glassdoor. Deloitte, PwC, EY and KPMG each had 20, and similar organisations had the rest (IBM, Accenture, BDO, Grant Thornton, CGI, Booz Allen, BCG and McKinsey).