Angry Accountants

AUGUST 31, 2009

You may recall this scene from the Count of Monte Cristo , where after many years in prison, Edmond Dantes , receives a visit from a fellow prisoner, an old priest, who had spent the previous five years digging an escape tunnel in the wrong direction and ended up in Dantes ' cell. The old man tells Dantes that if they both work together, they can start a new tunnel and perhaps reach the outer wall to freedom in maybe eight years.

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Angry Accountants

AUGUST 28, 2009

I heard from a working mother accountant yesterday. She works at Ernst & Young and has wonderful things to say about EY's treatment of working mothers. Just to give you a taste of how flexible EY was with maternity leave -- when she told them that she had decided to quit the firm rather than go on maternity leave because she wanted to take more time off to spend with her newborn than the existing maternity leave schedule permitted, the firm said, "Don't quit.

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Angry Accountants

AUGUST 27, 2009

Here is some salary data for New York from Glassdoor: Deloitte Salaries in New York City - Glassdoor Salary Ernst & Young Global Salaries in New York City - Glassdoor Salary KPMG Salaries in New York City - Glassdoor Salary PricewaterhouseCoopers Salaries in New York City - Glassdoor Salary

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Angry Accountants

AUGUST 27, 2009

Unhappy. Very very very unhappy. If you are an unhappy accountant at one of the Big 4 or another big accounting firm, Angry Accountants is the place for you. Non-partner accountants at the big accounting firms have been exploited for decades: long hours, high stress, infliction of emotional and physical distress, low low compensation, and no overtime pay.

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Angry Accountants

AUGUST 27, 2009

Q: What's better for your health than sitting in a cubicle hunched over laptop staring at glaring white spreadsheets in dim light for 8 hours every day for years on end? A: Sitting in a cubicle hunched over laptop staring at glaring white spreadsheets in dim light for 18 hours every day for years on end -- and not getting paid for it ! Before: After: There are currently a number of class action lawsuits pending against the Big 4 relating to the firms' practice of not paying overtime wages to jun

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Angry Accountants

AUGUST 27, 2009

Word on the street is that E&Y might be anticipating that its competitor firms will soon announce compensation adjustments, and that E&Y plans to match those cuts after they are announced. Sounds a lot like parallel conduct in an oligopolistic market. If there is any evidence of an understanding or agreement between the Big 4 as to salaray cuts, it could well be a federal antitrust law violation.

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