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Compensation Watch ’10: Grant Thornton – Was It Worth the Wait?

Posted on by Caleb Newquist

Hard to believe that it’s been nearly two weeks since we first wondered out loud about the waning patience at GT. From the Blagojevich Circus grounds:

GT is releasing salary info across the US this week. Can we get a thread going about it?


Preliminary reports are looking bleak, per the last thread’s comments, including

Just had my fears confirmed…comp adjustments will be throughly disappointing. So much so that the partner charged with communicating those adjustments is stressing. That’s a great sign, right?

And:

a 5% raise and i am a 4 overall. grant thornton can watch their firm progress with one less person…

AND:

I could wipe my ass with the raise I got. Actually, I better not wipe my ass with it, it may be the only I can afford bread and water

Oh. Dear. So here’s your fresh thread – spread your joy/misery/reactions to your comp news below.

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Promotion and Compensation Watch: Ernst & Young Communication to Come Eventually, Someday

Straight out of the Bubba Gump Shrimp location up the street from 5 Times Square:

Ernst & Young, Financial Services Office, NY
Received communication that our annual ratings were finalized and discussions between counselors and counselees to occur by July 30. Promotions are still not final, but promotions and compensation will start to be communicated in August (to be effective October).


So t-minus three weeks (give or take a day here or there) until “you’re not going to be disappointed with raises” which apparently could mean that they will make PwC’s raises look like chump change (for auditors anyway).

BUT! In case you need a refresher on the numbers so far: 3-5% is what we last heard for those in the meaty part of the curve. No word on what top performers are getting but speculation is welcome. Keep us updated.

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