EY Slammed Over Response On 26-Year-Old Pune CA’S Tragic Death
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- Опубликовано: 18 сен 2024
- Anna Sebastian Perayil, was working for EY at their Pune office and had joined the workforce on March 18 and had an untimely death due to cardiac arrest in July. Her mother, in a letter to the EY Chairman expressed about the horrors of working for a 'toxic workplace', that was the reason for her daughter's death. In her heartbreaking letter, she also claimed that no one from EY attended the funeral.
EY response on her death has invited severe criticism on social media. The incident highlights the dangers of workplace culture in india, especially among the top companies.
To discuss this and more we spoke to Arun giri, Co-Founder & Group Editor at Taxsutra
#toxicworkenvironment #big4
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My daughter recently quit from ACCENTURE for the same reason. We reported issues to their HR . (We know that No company is going to accept their flaws rather they put all blames to the employee. Also we know that Proving threatening, abusive, or harassing behavior in a company is challenging ) Continuing at the same company after complaining about a manager would be disastrous . So I advised my daughter to quit !!
Got made your daughters life better please keep up
Life is far more important.
@@sus_6537 what you do by the way
Life is important better to quit there will be better opportunity then that.
I so agree with u.
I left a well paying job coz of the DHR n the whole HR team, who targeted me to such n extent that I had anxiety attacks n went into depression.
But on complaining it was said that u hv to perform. U r incompetent n unable 5o handle pressure.
Wow!! That just did it
I did not want to be hospitalized with a Mental breakdown or Heart Attack.
Though did have many medical issues.
Where is Mr Narayan Murthy and he doesn’t talk in such incidents
It's not his family smh
How can u be so sure she got a heart attack due to work.
He himself is a incident to this country. Firstly make him to pay tax. For employees laws are shit 💩💩💩 and this companies are treated above the laws only for generating jobs? Indian laws are 💩💩💩
@@naysayer7540 .ok
@@naysayer7540even if she died from other reason still this issue is relevant because there is indeed so much work pressure
Not only in big 4, Most of the employees in the private sector are facing stress and anxiety due to toxic work culture in our country. Work days needs to be reduced. Govt should implement strict laws.
Govt. PSU like SBI, HPCL has the same kind of exploitative work culture, you are asking govt. for stricter laws 🤷🏼
some of the employees who have the attitude of sticking up to their bosses and sitting up till late in the office. sooner this has gotten normalised and it is affecting even those who dont want to work till late.
Not just the private sector. Even in public sector banks, work load issue is a major problem. Judging peoples productivity by amount of time spent is the main reason. In Banking most of the employees believe that there is no concept of max working hours.
Exactly
Never going to happen
Giving task in night and asked to submit by morning, and that too regularly, is beyond disgusting.
Ethics forum is a waste solution. I have encountered harassment, high pressure, discrimination, and bias from EY management. I reported this horrific incident to the ethics team, but without providing a solution, they closed the case and continued to target and harass me. I also reported it to CEO Carmine Di Sibio, Rajiv Memani, Sreekanth Arimanithaya, and Jaya Virwani, providing all the evidence-emails, call records, chat screenshots, etc.-but they concealed the issue and closed the case. It has been a truly traumatizing experience, and I do not recommend EY to anyone. When I reported harassment, fraud, bias, discrimination, toxic culture, and injustice to Sreenivasa Rao, Jaya Virwani, Rajiv Memani, Carmine Di Sibio, and Sreekanth Arimanithaya, they blocked me on all social media platforms. Imagine the trauma and anxiety I have faced. If you report any incident, they won’t take action; they don’t value human life.
Is this in EY india ?.
Now I seriously think they are practicing slavery under that mask of a Brand. Because I have seen the Bloody HR in a big US brand in India cover up a Posh case , and hide it from the directors & Internal committee.
Salute u for your courage!
When an organization does this, u know they are not worth working for, no matter how big a reputation it has.
Pick up your self-respect and leave!
Thank you for showing the courage to stand up against the perpetrators.
If they dont want to clean up the company it is their problem.
And thanks for letting the public know about this so that other prospective employees also know about it.
Please share this in as many platforms as possible for the benefit of youngsters.
Yes it's all BS sp at EY. Managers come ato know and screws your life. HR will meet you twice when u join and when u leave. They get appraisal based on yoga sessions they do online.
And there is someone who is advocating a 70 Hrs/ week working hours.
never listen to MOORTY MAN
He wants people to work for him so that he can grow ❤
@@rohitnayak9952For his UK citizen grandkids to enjoy.
Jo bol raha hain ussse pehle karwana chahiye..thode time .. phir agar woh survive karega toh baat karenge..
I worked for EY more than 4 year, it's really toxic environment😢
Not only EY…. Deloitte PWC KPMG are like this
@@Rocker_z Yes bro, after other 3 approached me but once I burnt my fingers, how could I go into same environment 😭
I left in April else would have got heart attack.
This is why I want to shift to a European country.
True. Same here.
Clever people would leave India because of toxic work culture. In Europe there are strong employees unions and companies don't get to exploit workers 👍🏻
EY company is from Europe. But I get what you are trying to say
@@Passionate-i2m the counterparts working for the same company in Europe don't work like this. They take WLB seriously. I have experience in the product based company in India. Our counterparts in other nations are too strict on work life balance. Here people will work till late at night.
@@Passionate-i2m which explains why labour unions are necessary. companies are not inherently "good". they're in it for the profit and they'll look after only their company's profiteering interests. so workers need unions to be strong enough to look after themselves
This is happening even in Banks both private and Govt. No work life balance
Let this issue gets attentiin atleast now. Bankers believe that there is no concept of work hours 😨
Work pressure, late working hours are happening in many fields. Fixed working hours should be mandatory in all public and private firms.
I agree... Its also time the government to set rules that will allow us to disconnect from work after office hours... We should be allowed complete me time and family time.
Jawahar Navodaya vidyalayas also teachers work under toxic pressure with no fixed working hours
What Arun said is bang on. While working there some years back in EY GDS, there was a marked shift towards driving numbers. Work culture in EY india has gone abyssmally low.. one of the managers in the business enablemment services division was asking to work on Christmas holidays as well even when they knew no clients will be there and when leaves were informed one month in advance. HR does not have the spine to question them or they play up to the business division head. Even though they tout about open culture, nobody speaks due to fear of reprissals. Politics, Favouritsm, Cronyism, Manipulation - see everything with this manager. i have seen people fainting, having mental issues and all. Nothing will happen, they will cover up their tracks. An eloquent letter will be sent to employees - we deeply are concerned about your well being". their employee survey is a joke. when the results come the line managers and team members get the brunt and are made to feel guilty for haing provided the feedback! Feel better that i resigned the most toxic culture. STay away from the GDS Enablement functions. Prioritise your health.
There is no unemployment in India as it is highlighted....the basic problem is 10 peoples job is done by 2 people...Modi government has very good opportunity to trap this problem...and decrease the problem of unemployment along with less pressure on the employees...Modi hai to mumkin hai...
Because of Modiji you are getting employment
True
It’s all over Asia not just in India cuz there r orders from top to play real life squid game with people…
Modi doesn't care about middle class... Most job goers are middle class
People in low level corporate jobs generally have work life balance
Only these so called high level jobs which will only give increment if company makes good profits practice soul-wrenching methods of work
@@nareshagarwal772 not true. low level workers also have a hard time. why are you implying that it's only an issue with high paying posts 😐
It's not only about the Big4 CA companies. This toxic culture exist most of the private companies in India. They are quite common in India becuase there's no government intervention into this.
Company officials or her colleagues not attending her funeral just rubbed salt into the family's wounds. What does the Management/Manager have to say about that?
@@rajivraghavan49 they got no time to scratch their behind
They wouldn't give anyone leave, to attend the funeral. To the senior management, it's just 'another one bites the dust', let's interview for a replacement.
They'll never feel it until it happens to them.
Might not have got their leave approved
Few months back Australia passed a law that gives the employees the right to disconnect their bosses after working hours but here in India, we are expected to work after working hours by default
Instead working on such corporates in India we can survive in jail for survival
Why jail . Open a pani puri shop in front of cinema 😂 work only 4 hrs
@@Lakshmipriya-hc1wmWell, may be he want to ensure justice even at the cost of jail, so that the future employees can have a better work life balance.
Please call the ceo and question him
make sure the manager is held accountable and must pay part of his salary to the family of the deceased
Are you kidding???
The company should pay crores in rupees though the person died will not come back.
My brother works for Barclays pune as a financial consultant.. He logs on at 10am and works till 3am...still does not achieve his target..... One of his colleagues has to see a psychiatrist due to overload...i told my brother to leave job... But fear of unemployment is so much they can't make that decision and affect their health... It's the overall story of india... Work life balance has to be made properly. ... If barclays hr seeing this please ask your manager to look into the workload of their people
The same thing has happened to the profession of Banking. Originally meant to be a custodian of people's wealth & advisor of financial well-being, the profession has now been degraded to an absolute fraud where nothing counts other than fees, revenue & targets. Shame....!!
Now the private banks employees are put under pressure to sell insurances and mutual funds.. all their focus is their and not on service...
You brought up a big point that is ignored by most.
One possibility of putting lot of pressure on the freshers might be to induce some mistakes from them, so that they can blame the new employee and escape.
This might take away the value of audit altogether.
We saw this in Satyam scam.
EY do have several well being program for sure but u cannot attend those well being program as u will never have a time to attend those programs due to deadline
Happen in most companies
Their well-being is only yoga once a year. HR is never seen or they do not hear us. Rest it's all crap.
Request to media please highlight IT toxic culture as well … it’s not only CAs who are only suffering … bank employees , IT employees are also going through the same path….
Why was that manager giving work late in night that needs submission in the morning, I don't understand what pressure from upper management will make a manager to assign tasks during night and ask for completion during morning, I really don't understand top down pressure contributing to this mess
It's only see an abusive manager who doesn't know how to handle a hard working employee
Please teach leads and managers in organisations to respect each other and not exploit their counterparts
This is unacceptable
Yes, this is also a type of workplace harrasment.
Faced it in 2 of my jobs - one by a supervisor, another by one pretending to be a supervisor, coz he was buddy-buddy with my reporting mgr.
Since Anna was a fresher, it is sad she did not know whom or how to approach. Or where to draw the line and say 'enough is enough!' The HR should be actively looking into the fresh hires' status at work - using simple language, without their HR jargons.
She certainly was a hardworking employee. That's why 'stuff' was dumped on her.
And the guy is simply ruthless and guilty.
Her parents' ordeal 💔
This typically happens when chamchas are promoted as managers. They dont have a structured way of dividing the work, and their mistakes are passed down to the team members as tight deadline like giving the work while leaving the office and asking it to be completed before next day morning.
@@Milshyani understand same happened with me 😢😢😢 i Left the job
It's unfortunate that somebody has to die in India to make a point 😢
Very true!
And even then it is conveniently avoided and completed ignored.
So true.. Like Arun Giri mentioned in the interview.. In India voters are forgivers... same way we forget too easily and someone has to pay the price to remind us again of the unfortunate incident, life taking bad system, corrupt people running those systems and so on... Pity.. 😒
in my opinion, the leadership team should step down
It's the leadership doing...I am working there and I know how toxic it is.. it is very easy to quit but we do have family and many responsibilities, so quitting is not an easy decision 😢
But bro I don't think any family, especially parents want their kids chronically stressed and end up dying for sm corpo company that can replace you immediately.
Leave that company at your earliest opportunity. Accept 20% lower salary with better culture !
True'
"money is more important than family".. there you go. fixed your comment.
So what happens if this toxic work, affects your health and hence u are unable to fulfill your family responsibilities?
Same is happening in public sector banks
Employee union is requirednin every organization.
This is not big 4 this is every sector and organization in India. Work should be 9-5 nothing more. Thats what they pay you for
Yea.. exactly... They can easily get more employees...
The main reason is companies have less employees and lot of work and manager want less people to complete more and more work in given time and paying less to employees and paying huge packages to the CEO. Why these companies don't hire more employees when there is a lot of work. Only one thing can change this pay hourly basis. The companies think monthly salary is a new way to exploit.
CEO are mot….rs….
It’s all over the world not just in India cuz there r orders from top to play real life squid game with people… if I write more about this, the ai of this platform bans my comment
@@D.2601 doesn't they have work life balance in the west???
@@nareshagarwal772 they do I’m sorry I should have mentioned Asian countries instead.
@@nareshagarwal772They used to have better work life balance, but it is slowly changing.
Government must make new guidelines regarding work culture in big 4 and other company also
Call the ceo of that company , unless these companies r punished this toxic work culture will not stop. Sir listen to body first , however young the body loses battle of overwork stress .
Unfortunately in developing countries specially there is no work life balance in most companies. Above more work and low pay it is easier to find bad bully peoples who discriminate workers based on lot of things. Some derieve pleasure in torturing people and so on. Pay, work life balance, environment should improved.
I also left EY because of the very same reason.
Yes, definitely need to review this toxic work culture
This is happening in all the corporate companies in all the cities in India. Especially when WFH started, there is no constraint for working hours..
It’s a problem with people at the top being obsessed with money and profits. May God give her family the strength to cope with the situation.🙏🏻
It all started when companies decided to share the profits with the managers for the reduced expenditure.
Worked for EY for 7yrs. Quit Apr 2024. But I noticed the culture got toxic in the last 1-2yrs of my tenure. Two senior managers too passed away before i left, one of them whom i sat around in the cubicles. Told my self i this needed to change and resigned. The pressure is high, work is micro-managed. Every minute you work for needs to tracked with proper work description and unique codes & action taken for any improper tracking is severe. Breaks the staffs morale. Things need to change. They need to fire the Sr. Managers and replace them with better talent. Pray Anna’s soul rests in peace.
Government please bring strict labour laws.
These people are making 3 people do the work of 100 people in the name of “hard work”. And that 70 hour per week guy may not even talk about this toxic culture
It is not about EY , there are a lot more
They are only referring to CAs... they apparently not referring to the software or engineering sector where the overworking culture is much more worse
We are not comparing here please, and a young CA died so of course we're gonna talk about the toxic work culture in CA field
This is specific case of CA who has left us. Please be mindful and considerate of tha
Even in TCS BPO management makes us feel (lower level employees) helpless and HR too supports their inhumane actions.
Which location
Our elder destroyed govt jobs and now we as whole destroying healthy work env for next generation
Govt is more focused on increasing their earnings by putting more tax. They don’t care about our people. Not implementing rules to take care of people working in private sectors. In short there is no strict labour law for people.
I wanted to share some observations regarding employee rights and workplace culture in India. It seems that the legal framework for protecting employees is quite inadequate. Many managers tend to micromanage and create undue pressure, leading to a challenging work environment.
The lack of a minimum hourly wage and absence of overtime regulations often results in employees facing excessive workloads beyond their capacity. Having worked in both India and the US, I've noticed a significant difference in work culture. In the US, for instance, managers respect employees' time and do not criticize them for leaving early if their work is completed.
I believe addressing these issues is essential for fostering a healthier workplace.
HR needs to do something for employee well being.
Corporate Murder.
Torcher or harassment happens not only in accounting or banking almost all corporate companies do the same. Actually not companies but team leaders, supervisors or managers are pressuring employees.
Ask Modi to comply to International Labour Organisation ILO standards in India 😢
Mr. Arun is absolutely bang on the culture driven by partners in Big4s. These partners are only focused on their profits. On paper there are policies in every firm but those policies are just for compliance. My definition of Big4 is 'collection of baniyas'. They share some profits for using the name of the firm, that's all.. no ownership for exploration of human resources
Yes, the baniyas are the caucus group and master manipulators.
Those IT companies such as EY Accenture Cisco Microsoft Wipro many more pays lower scale to Indian employees as compared to they pays in Europe and USA , they need lower budget countries employees to work for them in cost effective ways, India need to be alert and raise wages that is equivalent to those Europe and USA,
Nobody can take a week for Holiday easily
People should be jailed for bringing such toxicity at work place
If this had happened in Germany, the company would’ve been summoned in court
Ecg will be normal when she went to cardio but possibly she would have had irregular heart beats that can aggravate the heart workload. Who is accountable to this young girls death
Yes, you can detect irregular heartbeat, and i either take leave or decide not to take too much of work on those days.
I was told to stay till 7pm because I am intern and I came to learn ( that wasn't even paid internship😢) few times I stayed about when went back home it's almost 8-8:30pm and no time for myself. I quit.
Most of the corporates are thinking only about their topline and revenue. Also they are exploiting the over supply of qualified manpower. Moreover labour laws in India always favouring corporates. The same corporates follow everything strictly in western countries because of strict labour laws.
It is there even in govt banks
Audit is waste actually. Unless Audit firms hv spine in reporting.
One of friend is in same boat, he hates the work and culture too. Am persuading him to quit but he won't listen to me. What should I do?
Murty kaha gaya 80 hrs per week wala 😂😂😂😂
not just Big 4. This is common practice in IT industry.
Really brave of her Mom to call this out
When the top brass or the top managers pass on their job to the bottom layer of the hierarchy like a postman naturally the stress level reaches the point of rupture.
Government has to take action. They can't do hindu muslim all the time
The wrong person has been interviewed. He is lobbying like all other CAsfrom small and medium firms for more business. The quality and credibility of these firms is very different from the standards of Big 4s hence clients are willing to pay more to a Big 4. Completely wasted interview.
nice interview... only one thing the anchor should have asked arun about his opinion on the comment of narayana murthy
EY responding because the subject is in the media
100%. What were they doing in the last 3 months?
This is just a whitewash attempt.
I have seen more than one person commeting that they also experienced the same and they had quit E&Y.
Somebody says corp running employee well-being programs... Lol they give you serious migraines... The problem is leadership has no guts to support employees and lot of bias in corporate IT.
Pls Call the top management of India EY team and question them. ?
I believe top management is responsible if company grows or any incident happens like the one we are hearing.
Yes, the Parliament should have them summoned and questioned, similar to what the US did.
If not cancel the registration.
Sad to hear
Not just big4, its at lot of corporates in India.
This CA is beating around the bush.
Then what about underpaid medical professionals ? Nobody talk about them
Why only big4, aren't others working in non big4 companies humans?
Central and State government should bring in strict labour law.
Only narayan murthy can work 70 hrs a week.
He only want others to work, so that his share value increases.
This is with all corporates with below par pay and extremely pathetic growth prospects…specially sales oriented roles.
Ey has really made shitty statements
Cases of Cardiac arrest has increased multiple time sincecovid. Its not just work pressure.
Absolutely disgusting
No rule regulations in private sector
Good at least MNC and credit card loans betting apps reducing our population
Let us first understand why and how such terrific work pressure is generated in Big 4 firms, There is severe competition in quoting for audit jobs. Before preparing the quotation one has to estimate how much time will be required to complete the audit. At the same time the fees quoted have to be very competitive - otherwise the firm that is quoting will not get the job. So what is done in such cases (I am talking from direct experience) is that to bring the quote down the team that prepares the quotation deliberately under-estimates the time required to complete each audit task. Added to this the Big 4 firms fix their charge out rates at several multiples of the employee's actual cost to the firm. Let us suppose an audit assistant gets a salary of Rs 30000 a month and there are 160 working hours in a month. Arithmetically the employee's cost to the firm works out to about s 188 per hour. The audit firm will fix his/her charge out rate at Rs 700 to Rs 800 per hour i.e, 4 to 5 times the actual cost to the firm. Actually a charge-out rate fixed at 2 to 3 times the cost would be sufficient to cover the firm's profits and overheads but the idea is to maximize the firm's profits on every job. With such high billing (charge out) rates the only way the team preparing the audit fee quotation can keep the fee reasonable is by reducing the number of hours assigned to each task. So, a job requiring say 5 hours of work at a reasonable speed and competence level is assigned only say 3 hours. When the firm wins the job the employee assigned to the task is told that the budgeted time for his particular work is only 3 hours; so he has to complete a task requiring 5 hours within 3. Effectively this means he has to make up the balance 2 hours from his personal time either by sitting late at office or carrying work home. This is exactly how big Big 4 fatten their profits and finance their huge partner remuneration packages by squeezing their employees to breaking point. If an employee fails to carry out a 5 hour task in 3 hours his performance assessment. increments and promotion opportunities will all be adversely affected. This kind of toxic work culture is a deliberate creation of multinational audit firms which has been imported into India and is killing our youngsters.
This needs to be pinned
Thank you for sharing. Most of the managers / management take a lot of care not to make such things known. ... They love to keep people as fools.
Very accurate and well thought out comment. This happened to me when I was an auditor 40 years ago.
This toxic work culture of accounting firms is a long standing one.
I used to be harassed and scolded for 'bursting' the time cost. Used to cry, thinking that the fault was mine.
Which didn't make sense because I am a topper in my Accounting degree.
It was a period of utter confusion and self-deprecating.
I left accounting altogether, thinking that I am unfit for the profession.
@@mythoughts238 this is a mind game (a trick) played by so-called managers to confuse & then scapegoat a team member , by degrading him.
The easy thing is to make it illegal.
Audit should be done without presure to ensure that there are no compromises.
So, there should be legal guidelines not to cut the work hours, and the timesheet also should be made part of the audit report.
YOU'RE NOT A TREE, IF YOU CANT HANDLE WORK LOAD - LEAVE AND FIND SOMETHING THAT YOU'RE CAPABLE OF...
Job of 10 employees is done by 2 in India hence the pressure and the top bananas who already are earning in atleast 10s inlf not 100s of crores, get savings on expenses of 8 employees which results in more profits to them
India need strong labour rule, be strict with performance, but no work after working hours and weekends.
All these actions after one life is gone?
Not just Big 4
Now India need per hour wages and private men bill
It should be reviewed not only in big 4 but also in all sectors and especially in IT sectors (managers and HR act like the British raj as if they own us and do not want to give fare salary/rnr to us)
This will also be forgotten after a few days..
we need mass resign. campaign like the usa did that after corona
If you are nepotism employee you have to work only 4 hours agar aap nepo employee nhi ho 11 hours shift 5 aadmiyon ka kaan aap se he krwaya jayega reality in India private sector 😢😢😢 my cleague work 6 hours wo b kaan mein bluetooth lga k personal mobile pr baat krte rehte hain i do 11 hours only shift 15 minutes break only somehow i did 1 year job after that i left bcoz health is important company k owner to nhi jante ki hmse 11 hours shift krayi jati or nepotism employee se only 5 hours wo b koi responsibility nhi lega wo kaam ki
Only big 4 ? Why not other organisations?
Be an entrepreneur and promote 4 days 6 hours work. Please act today instead of complaining about work pressures.
I think big 4 is better compared to some other toxic IT firms out there .
Infosys wala budda kaha Gaya bohot development ka Gyan pelta tha.
That point at 9th minute...
"Aur ek bar koi suicide kiya aur ek bar media ka chota attention, then aab hua hua karenge fir sab jaise ka taise" and this cycle will go on and on.
Remember 3 idiots: this isn't a su***ide. Its a m****er. Treat it as an analogy, not a similie. Why do we glorify hard work? There's nothing great about working hard for 60-70 hours. Great thing is doing 20 hours worth of work in 1 hour. And quality.