The last time we teased with talk of GT compensation, our tipster seemed impatient and harboring inflated expectations.
Hopefully most of you McGuire Munchkins are either more patient or realistic about your comp news. Or perhpas you've adopted, "I don't care about money anymore," as your personal comp season motto. That'd be a fun surprise from this crowd.
Anyway. We've received lots of tips about Grant Thornton compensation discussions in the last 24 hours so let's get right to it. You know the drill by now, but we'll go over this again, saving some poor soul in the comments the trouble. Please share:
- City (region is not informative) & Line of Service
- Promotion (if applicable) & Rating
- % Raise
- % Bonus (if any)
- Optional: Old & New Base
Thanks for playing, Team GT. We wish you all the extravagant riches the Purple Rose of Chicago can afford you.
More Compensation Discussions Open Threads:
PwC
McGladrey
Baker Tilly
A new survey of more than 300 chief audit executives (CAEs) by Grant Thornton LLP finds that while nearly half believe that the shifting regulatory landscape poses the greatest threat to their company, a vast majority (88%) do not believe that the Sarbanes-Oxley Act (SOX) should be repealed. Of those that believe SOX should be repealed, the cost of compliance is the main reason for doing so. “Since the passage of SOX, organizations have had to dedicate significant resources to comply with a host of new laws and regulations,” noted Warren Stippich, a Chicago-based partner and Grant Thornton’s national Governance, Risk and Compliance solution leader. “Based on discussions with various CAEs during the survey process, many believe that SOX brings a continued focus by management on financial and governance-related controls. However, CAEs believe that compliance audit processes are now well-defined and are currently exploring ways to contribute value creation to the organization well beyond compliance monitoring and reporting.” [