January 16, 2022

Do You Feel Cheated By Your Firm? Come Over Here…

You could go ahead and substitute any firm for any other firm here, but for this particular reader question, it's KPMG v EY. Let's make a little popcorn and see what's going on:


I hope you're well.  So about a month ago, I heard that EY gave second round raises to the entire West Region because the firm was losing so many people, as all the firms are.  However, in talking about this with my friend at EY, I realized that she was now making $6K more than me as a second year staff – I'd say a rather large disparity.  So I brought this up to the appropriate people in the firm and was told that they wouldn't consider raising salaries because we have "the best culture" and we are paid in experience.  I think that you should post an article about it now, especially while intern recruiting is going on because I think kids should know that they are lied to – like I was – when KPMG told me that my pay was the same as the other firms.  I will admit I love the people here and the culture way more than the other firms, but money talks….
Also, note that the other firms also pay for phones for associates, which KPMG does not.
I think this story would get a lot of comments/traffic from KPMG people (and everyone who likes to bash on KPMG) and hopefully inspire change for the better.
I would appreciate anonymity as well!
Thank you!
Everyone is "paid in experience," that's such a bullshit answer. Then again, saying "well my friend at EY makes $6k more than me" isn't exactly an argument for a raise either. Colin makes more money than I do, you don't see me complaining about it, do you? Then again, I'm a woman so I should just be happy for my 77 cents on the dollar and get back into the kitchen to make myself a sandwich.
Anyhoo, back to your question. You should know better than to ever believe what the firm says. Why do you think our comp threads are some of the most popular posts on GC? Did you read any of those? Is it possible that your friend at EY is also working on much more difficult clients, has already gotten their CPA, isn't a whiny, money-grubbing brat etc etc?
If you want that more money, why not get a referral from your friend? I mean screw it, who is going to be loyal to a firm that is totally ripping them off to the tune of $6000 and a phone plan? THE OUTRAGE!

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