Almost three weeks ago, we started the discussion for the Purple Rose of Chicago to help all the Grant Thornton dynamos gird their loins for this compensation season. We've received a number of requests for a follow-up since the discussions start this week and, finally, late last night someone shared their numbers with us:
Grant Thornton Audit Manager – 5 rated in large market office. 5.5% raise, 5% bonus. What a fucking joke.
Hopefully, this is not a sign of things to come. Of course there's always the possibility – for auditors anyway – that Ed Nusbaum will reward you handsomely for "walking away from a potential problem," although those opportunities don't come along every day.
If your compensation news is equally as funny as our tipster's, or you are weeping tears of joy because you're in tax or advisory and don't have to think about numbers this small, feel free to share below and keep us updated as the conversations continue.
UPDATE – Wednesday, July 25th: From the trenches, we have motive for some of the low numbers:
Their reasoning for the lack of large increases was due to their market research, which showed that the industry overall was giving roughly the same raises and bonuses.
Something tells me this won't satisfy some people.
