Updated List of Accounting Firm Average Partner Profits In the UK For 2021
Hey Grant Thornton UK partners, how y’all livin’? Probably not too bad these days, now that the average profit for those of you in the club went up 34% to £611,000 in 2021. With GT releasing its 2021 average partner pay yesterday, as well as firm profits and net revenue, we’ve updated our list of […]
So to Recap, Partners At the Largest Accounting Firms In the UK Are Swimming In Money
On Tuesday morning we got a tip from a source across the pond confirming the big news of the day at the Queen’s KPMG: Big pay day at KPMG UK for the partners. Unbelievable. Treat the staff rough but still come out on top. We’ve written a lot in the past few years about how […]
Don’t Worry About Deloitte Partners In the UK, They’re Doing Just Fine
The Financial Times yesterday wrote about the rich getting richer at the Queen’s Deloitte: Deloitte’s UK partners will receive an average payout of about £1m after the accounting firm’s profits rebounded from a pandemic slump last year, helped by the sale of its restructuring division. The share of profits to 700 equity partners is the […]
So How Much Did PwC U.K. Partners Rake In This Year?
Ferrari, Aston Martin, McLaren, Jaguar, and Mercedes-Benz dealerships in and around London probably have been bustling more than usual lately, and here’s why: PwC’s UK partners took home record pay this year after the firm’s profits rose by a quarter to a fresh high of almost £1.2bn on the boom in corporate dealmaking. Average profit […]
Let’s All Shed a Tear For Deloitte Partners In the U.K.
Sadly, Deloitte partners are probably going to have to put off buying that new McLaren 720S or Mercedes-Benz S-Class until next year. The Times reported today: Partners at Deloitte are in line for a 17 per cent pay cut after revenue growth slowed during the Covid-19 pandemic. The 709 equity partners of Deloitte’s British arm […]
Number of the Day: $502,417
Last week we posted that the average annual compensation of equity partners who work in the top 100 public accounting firms in the U.S. (excluding the Big 4), as ranked by INSIDE Public Accounting, was $682,000, according to IPA’s latest practice management survey. For context, those firms range from RSM US ($2.7 billion of revenue) […]
Number of the Day: $682,000
That is the average annual compensation of equity partners in the top 100 accounting firms (excluding the Big 4) in the U.S., according to INSIDE Public Accounting’s latest practice management survey. That is up 3.3% from the average annual equity partner compensation of $660,000 at firms ranked No. 5 to No. 100 last year. Other […]
PwC Equity Partner Pay Isn’t Too Shabby In the U.K.
Equity partners at PwC in the U.K. didn’t quite get the haul that their fellow equity partners at Deloitte U.K. got recently, but let’s just say they aren’t going hungry anytime soon. From the Financial Times: More than 900 equity partners, who share in PwC UK’s profits, will receive an average £765,000 for the year […]
It’s Good Being a Deloitte U.K. Equity Partner These Days
The big news out of the Queen’s Big 4 yesterday wasn’t that Deloitte U.K.’s 2019 revenue (which also includes income from Switzerland) increased 10.9% from £3.58 billion in 2018 to £3.97 billion. Nope. The big news (or good news if you’re an equity partner at Deloitte) was: Hundreds of partners at the UK arm of […]