EY 2021 Global Review

EY published its annual review report in September. Global revenues increased by 4% to $40 billion. Revenues for FY 20 was $37.2 billion. The region-wise breakdown of revenue is as follows:

RegionFY19FY20change in local currencyFY21change in local currency
Americas$16.7$17.23.4%$17.72.9%
EMEIA$14.1$14.23.4%$15.73.8%
Asia-Pacific$5.5$5.88.2%$6.68.1%
Total$36.4$37.24.1%$40.04%
Revenue by region

Revenue by service line provided below. In local currency terms, the growth was 4% going from FY20 to FY21

Service lineFY19FY20FY21
Assurance$12.6$12.8$13.6
Tax$9.5$9.8$10.5
Consulting$10.2$10.5$11.1
Strategy & Transactions$4.1$4.1$4.8
Total$36.4$37.2$40.0
Service line revenue

All service lines witnessed an increase in employees except for Executive services and functions. The biggest increase in personnel on a percentage basis was in the GDS client enablement service. The total people in EY as of FY 21 is 312,250 an increase of 4.4%

People by Area

As expected 77% of Partners are male while female partners represent only 23%. On the other end of the spectrum, 86% of the Administrative assistants are female. Females constitute a higher percentage among Staff/Assistant (i.e. entry levels) and gradually decrease at higher levels. While looking at Internal Support roles, females constitute a higher percentage in most roles except at the Director level.

Another interesting metric is the number of job applicants and the number of individuals hired. Shows the attractiveness of the firm. Only 3% of the applicants were eventually hired!

The link to the full report is included here – https://www.ey.com/en_gl/global-review/value-realized-2021

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