EY will keep interns on for a year before offering them a job
EY is launching a paid Career Residency that keeps assurance interns employed part-time for 8 to 12 months after their eight-week internship, working remotely on EY projects during their final year of college. Those who complete it and receive an offer join as analysts rather than staff.
EY has decided that eight weeks is no longer enough. The firm is launching a paid Career Residency that keeps assurance interns on for a further 8 to 12 months, working part-time and remotely on real projects while they finish their final year of university.
The reason is what AI has taken. Junior consultants used to spend their time on what Errol Gardner, EY’s global head of consulting, calls “assembly” work, pulling together presentations, drafting proposals and synthesising information.
What is left is harder to teach in a summer. The residency targets judgment, professional scepticism, critical thinking, collaboration and communication, taught...
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