Executive Salary
avg.$210,748
EY (Ernst & Young)
Consulting/Auditing and Tax Consulting
Bexley, United Kingdom
Description
Ernst & Young (EY) is a globally recognized professional services firm founded in 1989 and headquartered in London, United Kingdom. It employs approximately 393,000 professionals and offers a broad range of services including assurance, tax, consulting, and advisory. EY primarily serves B2B clients across various industries, providing comprehensive solutions to support business growth, compliance, and strategic development. The company's annual revenue is estimated at approximately $51.2 billion, reflecting its extensive international operations. EY operates as a privately owned organization with a significant presence across multiple locations worldwide, with its main office situated in London. Its diverse portfolio and global reach make it a vital resource for enterprise clients seeking expert professional services in the United States and beyond.
Experteer Insights
Experteer Briefing
Company Trajectory
Ernst & Young (EY) was founded in 1989 and is headquartered in London, United Kingdom. Originally established to deliver accounting and auditing services, the firm has grown into a global leader in professional services. Over the decades, EY has expanded its footprint internationally, broadened its service offerings, and undertaken strategic pivots to incorporate consulting and advisory functions. The company has developed multiple subsidiaries, undergone notable rebranding efforts, and restructured its business to meet changing global demands. EY remains committed to innovation and growth as it navigates an evolving professional services landscape.
Financial Setup
Today, EY employs more than 393,000 people worldwide, supporting major enterprises in a primarily B2B capacity. While the company is privately owned and not publicly traded, it displays a strong and comprehensive financial structure. EY’s business model has evolved from its original focus on accounting and auditing to providing a broad spectrum of professional services, including assurance, tax, consulting, and advisory. This growth reflects both historical increases in revenue and the company’s ability to adapt to shifting client needs.
Development & Outlook
EY continues to diversify its offerings, providing services such as Assurance, Tax, Consulting, Strategy and Transactions, People Advisory Services, and Core Business Services. It invests in social responsibility initiatives, including sponsoring the mathematics literacy program Cyberchase on PBS Kids. The firm is recognized for its leadership in driving workplace equality, having established the National Equality Standard (NES) in the UK to set clear equality, diversity, and inclusion criteria. EY has also emphasized sustainability, announcing a plan to achieve net zero carbon emissions by 2025, with a current focus on adapting to evolving standards and increasing scrutiny of corporate climate pledges. EY’s forward strategy centers on sustainable growth, continued innovation, and strengthening its reputation as a preferred employer in the professional services industry.
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