Here Is a Massive List of Accounting Salaries Broken Down By City
Came across this list from Smartest Dollar of “the best-paying American cities for accountants in 2022” on the Googs and thought it worth sharing because getting paid is the only reason many of you do this job. Before the salary data appears at that link there are several paragraphs about the Inflation Reduction Act that […]
How Much Should Public Accounting Starting Salaries Be to Make Public Accounting Starting Salaries Less Awful?
Title. Let’s talk about starting salaries in public accounting. Let’s assume a student has an undergraduate accounting degree, a MAcc degree, and has passed all 4 sections of CPA exam. What do we think is a fair starting salary? #Accounting — Dr. Josh McGowan, CPA (@Jmcgowan3838) September 19, 2022 Starting salaries in #accounting have gone […]
A Labor Shortage in Singapore Is Forcing Big 4 Firms to Cough Up Higher Salaries
Picture it. Singapore. 2022. Bloomberg reports: The Big Four accounting firms are showering staff with pay increases in Singapore, where an acute labor shortage is driving a fierce contest for talent. PricewaterhouseCoopers LLP and Deloitte LLP lifted base salaries starting from July 1, according to internal documents from the two firms reviewed by Bloomberg News. […]
Compensation Watch ’22: Does the New Equation Add Up to Better Raises For PwC Employees? (UPDATED)
[Updated original post from July 2 with new raise percentages for A2->S1, A3->S1, and S1->S2; added raise percentages for 2015, 2014, and 2013.] Now that raises have been doled out at Deloitte, next up is PwC. This is the first compensation cycle in the era of the New Equation, which is just a fancy way […]
Are ‘Strong Leadership, Agile Working, and a People-Centric Value Proposition’ on Your List of Must Haves at Work?
UK businesses within the accounting industry are understaffed by 22% and leaders everywhere are busy telling each other the things accounting professionals — particularly the younger generation — are hungry for at work. Fewer hours? Better money? Not getting scammed out of accrued PTO with a switch to “unlimited” vacation? NAH. What we really need […]
Here’s Everything We Know So Far About 2022 Accounting Salary Projections
As of February 2022, inflation in the United States has hit a 40-year high at 7.9%; the last time inflation was this bad, many of you weren’t even alive so yay, think of this like Halley’s Comet, some day in the distant future you’ll get to say “I was there!” You don’t need us to […]
One RSM US Office Might Want to Rethink Its Retention Strategy For Managers and Supervisors
From the tip box last week: Big Salary increases for senior auditors moving to RSM – Seattle. Nearly $100k plus bonus for 2-3 years of experience. Current supervisors and managers making $80k – $96k. No plans to bump the loyal employees….. On one hand, good for those seniors taking advantage of the obvious desperation for […]
Compensation Watch ’21: Did EY Redeem Itself In the Eyes of Their Employees? (UPDATE)
(Updated post from Aug. 18 with a comparison of average raise percentages per promotion from 2018 and 2016.) 2020 was a pretty ugly year for the Black and Yellow—and especially for EY employees. Let’s recap, shall we? No performance-based bonuses. Raises only to those who received a promotion. Lots and lots of layoffs. Unlimited PTO; […]
Compensation Watch ’21: How ’Bout Them Raises At PwC? (NEW UPDATE)
(Updated original post on July 8 with a comparison of average raise percentages per promotion from 2020 and 2016.) PwCers expected really good raises this year. They trust that management would make that happen, given that PwC U.S. had record-setting revenue of $18 billion last year during a global pandemic. Last year PwCers had to […]
Compensation Watch ’21: Did BDO USA Ante Up This Year?
Over the last week or so we analyzed how raises this year compared to previous years at RSM US and Grant Thornton. Now it’s time to take a look at raises this year at the last of the mini-Big 3 firms, BDO USA, which leapfrogged GT to become the sixth-largest public accounting firm in the […]
Compensation Watch ’21: Did Grant Thornton Give Employees Briefcases Full Of Money This Year?
Grant Thornton was another firm last year that decided it would be financially irresponsible to give its hardworking employees raises during the height of the pandemic, even though GT’s revenue in fiscal year 2020 hit a record of $1.92 billion. But that was then, this is now. We still don’t know Grant Thornton’s revenue results […]
Compensation Watch ’21: Did RSM US Make It Rain On Employees This Year?
At this time a year ago, RSM employees had just found out if the firm was handing out raises and bonuses while the Rona was still raging in the U.S. Management decided to give raises—capped at 5%—to only those employees who received a promotion (i.e., A2->S1, S1->Supervisor, Supervisor->Manager, etc.). As summer turned to fall, and […]
Number of the Day: $5.7 Million
No, that isn’t the latest fine given to a Big 4 firm by the SEC for shitty auditing. That is the median cash compensation—after graduation and working for 35 years—for someone who got an MBA from one of the top 50 business schools in the U.S., according to an analysis for the website Poets&Quants by […]
Mazars USA Is Giving Its Employees an Incentive to Get a Sunburn
By now you’ve heard or read about the $250 bonus PwC is paying to employees each time they take a full week’s vacation for the next year. Now Mazars USA is throwing its hat into the “pay your employees to go away” ring. Mazars sent an email to employees late last month explaining its new […]
Female Big 4 CPA: ‘My Performance and My Compensation Do Not Match’
Just wanted to say that this article (“Women, Can You Love Your Job But Still Be Pissed About Your Compensation?”) really struck a nerve, because it is TRUE! This week in particular, I found myself having this exact conversation on multiple occasions. I absolutely love my job, my team, and the partner I work for, […]
KPMG Agrees to $10 Million Deal with Female KPMGers In Lengthy Gender Discrimination Case
It took 10 years but an age bias lawsuit first filed against KPMG in 2011 by former senior manager Donna Kassman that now includes eight other plaintiffs and hundreds of other KPMG ladies, a vast majority of whom no longer work for the firm, is finally reaching the end of the road. Law360 reported yesterday: […]
Most People Would Leave Their Job For This Raise, According to Some Survey
It seems based on the amount of time Adrienne and I spend lurking on Reddit and Fishbowl that more people are fleeing the meat grinder that is public accounting lately than in previous years. It’s not because they’re working ungodly Goldman Sachs-type hours, but some people are just not cut out to be capital market […]
Women, Can You Love Your Job But Still Be Pissed About Your Compensation?
If there was such a thing as a “I love my job” gap, men and women would be equals, according to the latest U.S. salary survey from the Institute of Management Accountants. And that boggles my mind because, as we all know, women’s salaries in accounting are definitely not equal to men’s. So as a […]
Certifications = Higher Salaries, Natch
Those of you who are still on the fence about pursuing a professional accounting certification should, if for no other reason, consider getting your CPA or CMA or both because of this: more money. The Institute of Management Accountants polled its U.S. membership last September for its 2021 U.S. Salary Survey. Of the 1,300 or […]
Big 4 Firms’ Reward Structure Contributes to Their Bullying Ways, Says Guy
“This is a constant Darwinian contest of survival of the fittest. We need a much better Big 4. Let’s hope the generation coming through will finish off this archaic system of tutelage and abuse based on the dream of the million pound pay day.” — Ken Charman, CEO of uFlexReward, a London-based data company that […]
KPMG U.K. Partners Took One For the Team
Those partners at KPMG U.K. who are living a lavish lifestyle might have to cut back on the golfing and become more frugal after the firm slashed their pay by 11% so more of their subordinates can stay employed. The Financial Times reported on Wednesday: Average partner profit distribution has been cut by 11 per […]
Bonus Watch ’20: Oh Right, Deloitte U.S. Employees Got a Bonus Before the Holidays Too
Yesterday we posted a short article about the holiday bonuses that were recently bestowed on employees of EY U.S. EY Canada, which was either $750 or $1,500 depending on rank. (Although EY U.S. employees found out earlier today they are getting mid-year raises. More on that here.) Our lone commenter thus far on the EY […]
Bonus Watch ’20: EY Canada Made It Rain Christmas Bonuses
On Saturday while I was waiting in line at Starbucks, I was scrolling Reddit and saw a couple posts on r/Big4 about EY of the Canadian variety handing out Christmas bonuses to senior managers on down. According to one post, here’s what everybody got: $1,500 for managers and senior managers $750 for staff and seniors […]
Compensation Watch ’20: PwC Making Mid-Year Salary Adjustments For Everyone
Christmas came early for those donning the orange, red, and yellow, as PwC employees were told the following today during a firmwide webcast, according to a tipster (bold emphasis added): PwC avoided layoffs by freezing pay, paid (smaller than target but still substantial) bonuses in the fall, now increasing base pay for nearly all staff […]
Number of the Day: £518,000
That is the average profit per partner before tax at BDO U.K. in the 2020 financial year that ended June 30, down 14% from the £602,000 in profits each partner took home the previous year, according to the Financial Times and The Telegraph. Overall, the Queen’s BDO had revenue of £660 million for 2020, up […]
Comp Rumor of the Day: Some BDO USA Auditors Are Getting Raises, Some Are Not
[Updated with additional information.] While I was on staycation last week, this came through the tipline: BDO audit will be giving raises of 2% on average on 11/1. Some employees will receive nothing, some less than 2%, and some more than 2%. We haven’t heard anything yet about possible raises at Bravo Delta Oscar for […]
Comp Watch ’20: Here’s What We’re Hearing About Raises at Crowe
From the mailbag: Crowe raises are occurring and effective 10/1. Wide range as low as 2% to as high as 15%. Promotion raises lower than typical 12%. No back pay or bonuses for missed time since April cuts. No 401k match. So when we reported back in April about the hundreds of job cuts at […]
Comp Watch ’20: Plante Moran Is Not Giving Out Raises—And Some People Are Not Pleased (UPDATE)
[Updated on Sept. 10 with additional information.] Back in late June, we were told that Plante Moran employees wouldn’t be getting raises this year, that the firm was only paying out bonuses at 75%, and that there wouldn’t be a 401(k) match, presumably due to the COVID-19 crisis. Well, we got an update this week […]
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 […]
Comp Watch ’20: EYers Who Are Not Getting a Promotion Probably Are Not Happy Right Now
This delicious-looking sundae is the promotion bonus at EY in 2020. An EY all-hands webcast was held earlier this afternoon, and a lot of topics were apparently discussed, including raises … or a lack thereof, according to a source: No raises this year. Only those getting promoted will get the promotion portion of the raises. […]
Bonus Watch ’20: PwC Is Kinda, Sorta Going Forth with Bonuses, Raises (UPDATE)
[Updated on June 12 with additional information.] So we were told today by a couple of people that PwC had a webcast for new hires on Thursday, led by Chairman Tim Ryan, U.S. Recruitment Leader Rod Adams, and a couple of other people. Once the spiel about what PwC is doing to address the COVID-19 […]
KPMG US Update: Partners Taking Pay Cut, No Variable Compensation, No Omaha Steaks
[Updated with additional information.] OK, here’s what we were told today about the video message from KPMG CEO Lynne Doughtie that was posted internally last night. What we know is pretty much the same as what has been posted so far to Reddit and Fishbowl. Basically what we were told by a source was Lynne […]
Compensation Watch ’19: Highest-Paying Cities Don’t Give Accountants the Most Bang for Their Buck
Last week, we perused a report from AdvisorSmith on the 50 best U.S. cities in which accountants can pursue their careers and gave you the top 25. Two of the variables used by AdvisorSmith for its ranking were average annual accounting salaries per city and cost of living, so let’s focus on those today. Using […]
Vault 2020 Firm Rankings: Benefits, Comp, Vacation, and Promotion Policies
Earlier this week, we wrote about PwC’s continued dominance on Vault’s Accounting 50 and most prestigious firm rankings. Today, we’re going to focus on four of the 18 “quality of life” rankings that fall under Vault’s latest “Best Accounting Firms to Work For” section. And these four categories are near and dear to your heart: […]
Compensation Watch ’19: Tax Professionals
Hey there, tax jockeys. How’s your Wednesday been so far? Feeling less whiny today? Good. We have some new salary data to share with you, from the folks over at Korn Ferry, that might be of interest. The management consulting firm dug deep into its pay database, did some math, punched some buttons, and came […]
Compensation Watch ’19: Credentialed Accountants vs. Non-credentialed Accountants
In its annual salary survey, the Institute of Management Accountants always includes a section comparing compensation for accountants who are either CPAs, CMAs (Certified Management Accountants), or both with accountants who hold neither credential. And every year the IMA finds that credentialed accountants make more money than those without a CPA or CMA. Makes sense. […]
Compensation Watch ’19: Internal Auditors
Ah, internal auditors. The “guardians of trust,” as Institute of Internal Auditors President and CEO Richard Chambers likes to call you. So how much money do “guardians of trust” make these days? Let’s take a look at the latest salary data from Randstad, Robert Half, and Accounting Principals. Randstad Randstad organizes non-executive accounting and finance […]
Compensation Watch ’19: CFOs
Some of you grinding away in public accounting might have “champagne wishes and caviar dreams” of being a CFO one day. So, let’s see how well that job pays these days, courtesy of three accounting and finance salary guides that have been released in the past six months. Randstad Randstad organizes executive titles in its […]
Compensation Watch ’19: Controllers
TPTB would like Adrienne and I to try to post an article each week that is compensation-related because, well, you guys like money and you guys like to read about how much money you could or should be making. So now that Randstad just released its 2019 Salary Guide, and Robert Half and Accounting Principals […]
MBA Holders Have Bigger Paychecks, Especially White Dudes
Last October, we published an article written by a former KPMG senior associate, which you guys seemed to like, on why accountants should have both a CPA and an MBA. But what the article really doesn’t talk about is the earning potential of having an MBA. Well, a new study from the Forté Foundation sheds […]
Lots of IRS Workers Will Have to Trudge Back to Work From Mandatory Unpaid Vacation
It’s hard enough being an IRS employee during tax season when you’re receiving a paycheck. But having to work as the start of tax season nears without being paid and having to resort to selling some of your belongings on eBay or Craigslist to make ends meet ROYALLY SUCKS. But this is the current reality […]
KPMG U.K. Employees Are Reportedly Pissed Off About Being Fined for Late Timesheets
A new timesheet policy being rolled out at KPMG U.K. is causing a little ruckus between employees and management. From The Guardian: KPMG has angered UK staff by threatening them with £100 fines if they submit their paperwork late. The accounting company said it would impose the penalties if staff were late to file their […]
An 8% Drop in Pay Might Be the Reason Why Some Grant Thornton U.K. Partners Were Pissy at CEO
We’re just spitballin’ here. From Economia: [Grant Thornton] said on Friday its average profit per partner fell 8% from £403,000 to £373,000 in 2017/18. Ouch! Of the top six accounting firms in the United Kingdom, this puts Grant Thornton sixth, by quite a bit, in average partner pay for the 2017-18 financial year: Deloitte: £832,000 […]
Federal Judge Sides with KPMG in Gender Discrimination Lawsuit
KPMG scored a huge victory in court on Nov. 30, as a New York federal court judge declined to certify a long-running class-action lawsuit by thousands of current and former female KPMG tax and advisory professionals who accused the firm of gender, pay, and promotion discrimination dating back to 2008. While the ruling bars the […]
Female KPMG Employees Seek Class Status in Gender Discrimination Lawsuit, Detail Alleged Sexual Misconduct at the Firm
There was a new development yesterday in the long-running gender bias lawsuit against KPMG, in which a group of current and former female advisory and tax professionals have accused the firm of gender, pay, and promotion discrimination, as well as condoning sexual harassment. Attorneys representing the plaintiffs filed a motion on Nov. 27 that asked […]
Hiring Executives with Audit Experience and Paying Them Well is Stupid, Says Research
Since the dawn of time, or at least since the dawn of the green eyeshade, corporations have looked to fill the C-suite with financially literate hires. And who, I ask, is more financially literate than a former accounting professional? Well, other than whoever is in charge of laundering drug money for the Sinaloa cartel, probably […]
Here’s Your Open Thread for KPMG Compensation Discussions (2018)
So we might be a little late on this one, but who cares? Obviously you guys don’t, you’ve all but given up on these open threads come comp time. As such, this may be our last open thread of comp season, not just for this year but for good. It sucks we have to go […]
Here’s Your Open Thread for Deloitte Compensation Discussions (2018)
If the last couple years have taught us anything, it’s that Deloitte compensation conversations are probably going down this week in some offices. And by “conversations,” we mean raises are online and ratings are plotted out on scatter graphs. Semantics, ya know? In looking at last year’s Deloitte comp discussion, we discovered that y’all Green Dotters […]
Here’s Your Open Thread for EY Compensation Discussions (2018)
Ya know, I don’t know why we’re even bothering with this since Going Concern sucks but on the off chance one of you gets his BVDs in a bunch over us not doing it, here we are. Historically, the emails start trickling in right about this time each year, presumably after the rulers of Ernstonia are able to […]
Here’s Your Open Thread for PwC Compensation (2018)
So, yeah, the whole “putting the 2018 PwC compensation thread in Open Items” thing didn’t go too well. After just two responses (thanks to SlowlyDying1065 and Franchise) and a minus-27 vote rating, this thread had become a dumpster fire. But now that we’ve resurrected the article comment section, we’ve taken this discussion out of Open […]
These 10 Accounting and Finance Jobs Are Hot, Hot, Hot
So say the folks at recruiting firm CyberCoders, so plan your career accordingly: In 2018, the CyberCoders data shows that the most in-demand accounting and finance position is financial advisor, with an average salary of $85,860, followed by loan officer at $68,000 and tax supervisor with an average salary of $96,944. The job of financial […]
Accountants: If You Got a Crappy Raise Last Year, Go Land a New Job
Photo: This could be you.
Don’t Let Employee Retention Be a Casualty in the War for Talent
On the battlefield in the war for talent, there’s a mission that may be just as, if not more, critical for accounting and finance executives than recruiting a new crop of professionals: retaining the skilled employees they already have. I know, I know, you’re probably tired of seeing or hearing the term “war for talent.” […]
Here’s Your Open Thread for KPMG Compensation Discussions (2017)
KPMG celebrated its new year on Sunday, which means compensation discussions are starting. We’ve received several tips in recent days, and a couple of them not expecting much: Firm is pushing out information that results have been disappointing, overall seeing raises and [variable comp] substantially lower than in prior years. And: I was already told […]
Yakking All the Way to the Bank
Interpret that headline as appropriate. It’s a slow day out there as many of you prolong the long weekend. To keep everyone awake, we figured it was a good time to revisit the compensation discussions that are still going on: Deloitte EY Grant Thornton BDO PwC KPMG remains the last major holdout. If you’re a […]
Here’s Your Open Thread for Deloitte Compensation Discussions (2017)
Apologies to all the Deloitte compensation junkies out there experiencing withdrawal symptoms. We received this tip awhile back and, judging by the timing, many of you are anxious to yak about what’s going on: The national call was today and comp talks with partners won’t be happening until after 8/17. The raises take effect in […]
Here’s Your Open Thread for EY Compensation Discussions (2017)
Okay, okay. I’m sure some people inside the House of Black and Yellow need a break from writing thoughtful emails to Mark Weinberger. It seems that yakking about EY compensation is the perfect way to do that. The first requests came in yesterday and have been picking up steam today. A tip from yesterday notified […]
Wanna Talk About Money?
Looking for compensation threads? Right this way for conversations that are still going on: PwC BDO If your firm is holding discussions about performance reviews and compensation adjustments this summer, email [email protected] to share details or request a thread.
Here’s Your Open Thread for BDO Compensation Discussions (2017)
We’ve had a couple of requests for the BDO compensation thread, and the calendar is right, so we’re happy to oblige. One tipster that works in advisory told us “I just received an email from the partner saying to stop by his office” but added, “I don’t expect anything significant.” BDO hasn’t released its revenue […]
Beware the CPA Exam Bonus Clawback
You just handed in your notice and finally pulled the trigger on resignation from public accounting. It’s both liberating and terrifying. Your email box fills with things you have to do before you leave. It’s a mix of run-of-the-mill farewells and requests to set up an exit interview and transition meetings for each of your […]
Here’s Your Open Thread for PwC Compensation (2017)
You’ve got to hand it to PwC, they’ve really embraced announcing stuff on Twitter. I’m looking forward to the day when people starting tweet their PwC compensation details at @going_concern. Anyway, here’s a tweet from last Friday: It’s #PwCPromotionDay! Incredibly proud to be celebrating everyone who is marking a career milestone today! https://t.co/vJtwzFiqrh pic.twitter.com/Mu8kwbWooh — […]
LinkedIn Becoming More Miserable By Telling Everyone How Underpaid They Are
Pardon me for not paying attention, but someone just sent me this article about LinkedIn Salary and, I have to say, it's a pretty good idea. Not that it's novel or anything, but it will get people to 1) Give LinkedIn more data; 2) Get people to visit a site that they hate visiting. Maybe […]
Hey Look, Some Bay Area Big 4 Senior Associates Aren’t Happy With Their Pay
While I was on the road last week, a thread from r/accounting dropped into my inbox: Big 4 Bay Area office thought it would be a good idea to screw seniors with one of the worst raises since 2008 and whoa boy: They thought an $85k cap on all Seniors, regardless of performance, was a […]
How to Make More Money in Accounting
This is sponsored content brought to you by Benedictine University. Almost everyone wants to make more money and why not? A bigger paycheck helps with a lot of things — paying off student loans, saving for a down payment on a major purchase, funding a new venture, travel. If you’re a partner at a firm […]
Here’s Your Open Thread for KPMG Compensation Discussions (2016)
Now that it’s fall, many public accounting professionals have been rewarded for all the hard work they put in last year. Some people are happy, some people are sad and everyone is still thinking, “I don’t get paid enough for this shit.”
Here’s Your Open Thread for Deloitte Compensation Discussions (2016)
Just as soon as we put of up the EY compensation thread, tipsters out of Deloitte started crowing for theirs, including this one:
Here’s Your Open Thread for EY Compensation Discussions (2016)
The bombing raid of requests for the EY compensation thread started late last week and didn’t let up over the weekend or this morning.
Here’s Your Open Thread for Crowe Horwath Compensation Discussions (2016)
It's unfortnate that we don't hear more news about Crowe Horwath. It's a Top 10 firm with more than $700 million in revenue last year. That means it's only one big merger away from joining the billion-dollar firm club and closing the gap between it's Tier-2 rivals — RSM, Grant Thornton and BDO. WHAT ARE […]
Here’s Your Open Thread for BDO Compensation Discussions (2016)
BDO is a firm on a roll. Just last week they announced a third straight year of 20%+ growth in revenue to $1.29 billion. They admitted 39 new partners this year, the largest class since we began covering those promotions. They're snapping up firms left and right. Yep, everybody sounds pretty happy. Oh, who am […]
Here’s Your Open Thread for Grant Thornton Compensation Discussions (2016)
Grant Thornton saves its compensation discussions for the dog days of summer. My hunch is that they like sharing disappointing news when people are feeling lethargic and unwilling to make too much of a fuss over a raise that barely keeps up with inflation.
Here’s Your Open Thread for RSM (fka McGladrey) Compensation Discussions (2016)
Early July is usually when compensation discussions start for the denizens of RSM, fka McGladrey, fka McGladrey & Pullen, fka RSM McGladrey (a division of H&R Block). Lo and behold, very early this morning, a tipster sent us a message: RSM comp thread? Partners begin communicating July 6th through 20th. Normally, we might wait awhile […]
Here’s Your Open Thread for PwC Compensation Discussions (2016)
June marks the beginning of compensation season and, as usual, we'll start with PwC. Will all the blood, sweat, tears and paper cuts you've endured for the last 12 months be worth it? Will the anticipation of reaching the salary figure you've fixated on for the past year become a reality? Will disappointment follow in […]
Study: Women Even Less Willing to Put Up With Crappy Pay Than Men
Partners at accounting firms probably have a hunch about why women don't stick around, but that hunch is probably wrong: A recent global ICEDR study revealed that leaders believe that the majority of women around the age of 30 leave because they are struggling to balance work and life or planning to have children, whereas […]
Unhappy Accountants: Go Get a 10% Raise
Are you sick of your job? Overworked? Unappreciated? Disrespected? Micromanaged? Ignored? Underdeveloped? Harassed? Thinking to yourself, "I don't get paid enough for this shit"? Well, you're right! You can totally go somewhere else and experience the exact same thing for 10% more than you're earning now: Businesses are vying for accountants, financial reporters and data […]
Accounting Firms Need To Have More Transparent Conversations With Employees About Compensation
I missed this HBR article from earlier in the month, but it's about money, so I figure it's worth covering.
Last Call for Compensation Discussions
Should you be looking for the discussion of KPMG compensation for this year of our lord, 2015, let us direct you this way. And should you still want to participate in any of the comp discussions from this year, here are the firms we covered: Baker Tilly BDO Deloitte EY Grant Thornton McGladrey PwC That's […]
Would You Work for Revenue Share?
This post is inspired by Jeff Maddux CPA, so you can send your hate mail there. Just joking keep it coming, I love it! His idea (see tweet exchange) was actually really good. You don’t need me to harp on about value based billing (It’s almost as played out as "cloud"). Our firm was on […]
Here’s Your Open Thread for KPMG Compensation Discussions (2015)
Aka: KPMG Kompensation Konversations or KKK for short.
KPMG Kompensation Konversation Kountdown
We're in the late innings of compensation season, which is always a sad time. Or, for some of you, a relief. If you're still catching up on the discussions among the largest accounting firms, please direct yourself down to the bottom half of the page where you can see all of the firms we've covered. […]
Compensation Threads, Now With Extended Hours
Because our editor has been predisposed most of this week and you've been so well behaved, we're re-opening compensation discussion comments for your reading and kvetching enjoyment. It's also a nice surprise if you were late to your firm's compensation discussion and didn't get to participate (although it doesn't explain what you've been doing all […]
Here’s Your Open Thread for Deloitte Compensation Discussions (2015)
It's been an interesting year at Deloitte.
They became the first accounting firm to elect a woman as CEO. They're trying to do away with performance rankings. And Deloitte Disneyland has made every one of us sick (envy for non-Green Dots; indigestion and wicked hangovers for the employees).
How Would Salary Transparency Go Over at Accounting Firms?
In case you're new round these parts, compensation is a popular topic of conversation.
This Way, Please
You look lost. You'd like to find some lively discussions about compensation at the largest accounting firms, you say? Lucky you, we know of some: PwC McGladrey Baker Tilly Grant Thornton BDO If your performance reviews and compensations chats have occurred and you want to discuss them, send us info or start a thread in […]
Here’s Your Open Thread for BDO Compensation Discussions (2015)
The accounting firm known as BDO is having a good 2015. It recently admitted 30 new partners, the largest class since GC's been covering the promotions. Revenues eclipsed the billion-dollar mark back in May, thanks to its insatiable hunger for boutique firms. Oh, and it keeps stickin' ex-CEO Denis Field with those massive legal bills. […]
Directing Traffic
Looking for a compensation discussion thread, you say? There are several going on right now, so follow these links to your firm of choice: PwC McGladrey Baker Tilly Grant Thornton If your firm deserves a thread of its own, drop us some info on the process and timing or throw one up in Open Items.
Here’s Your Open Thread for Grant Thornton Compensation Discussions (2015)
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 […]
Here’s Your Open Thread for McGladrey Compensation Discussions (2015)
Some restless Mickey G’s (soon-to-be RSM) employees have been tapping on our shoulders this week:
Here’s Your Open Thread for PwC Compensation Discussions (2015)
Oh, look, it's mid-June. Busy season is over and compensation season is here. Yes, it's time to find out which of you have been justly rewarded for your efforts and which of you are feeling like an untipped bathroom attendant. PwC is always the pacesetter in comp discussion season and we appreciate their consistency, as […]
How’s KPMG’s Early Career Investment Bonus Program Working Out?
This month we've received a couple of tips wondering about the KPMG Early Career Incentive Bonus, something we initially covered way back in 2011. We also did a follow-up in 2013 when the first payouts were made. For those with foggy memories, here's how it works: If you are a current CSD senior associate with […]
Comp Watch ’14: KPMG Variable Comp is Out and Some Folks Aren’t Pleased
This just arrived in our inbox this morning, let's skip the formalities and get right to it: FY15 variable comp ranges for us behind-the-scenes slaves were announced today, 12/11. Who are they kidding? Don't they realize nearly everyone at Manager and below gets a 3 rating no matter how much they do, how much they […]
How to Find All the Compensation Threads on Going Concern For Total Idiots
So, the other day we got this gem in the tip box — which, by the way, isn't supposed to be used for crap like this as I have told you people 1,000 times: This website is terrible and very disappointing this year. It is impossible to find comp watch's for 2014 for big 4. […]
FT Offer Watch: Public Accounting Starting Salaries for the Class of 2014
We know those of you awaiting offers have been watching compensation threads tick by thinking to yourselves "man, I can't wait to get my offer and compare my salary to those of my fellow interns-turned-FTers in one big monetary weenie measuring contest on GC!" and day after day goes on with no one mentioning offers. […]
Deloitte Compensation Discussions Redux
We sent out a little reminder about where to find the EY comp thread earlier this week and it seemed to help a lot of people find their way. But judging by the activity, it seems some Green Dots could use some help finding their money talks/bs walks thread as well. Allow me to direct you Deloitte […]
EY Compensation Discussions Redux
With one firm's CEO announcing his retirement and another firm taking it on the chin from Ben Lawsky, you'd think most people would be satisfied with the topics of discussion on a Monday morning. Nope! Please move the EY Compensation thread to where people can actually find it and comment on it. Update is that compensation […]
Here’s Your Open Thread for Deloitte Compensation Discussions (2014)
The Life at Deloitte Twitter account didn't tweet about compensation discussions happening (although we do know she recently moved to the new Orlando consulting hub and she's a legal Florida citizen now), but the tip box delivers: Deloitte Tax national comp webcast was today. On Aug 21 everyone will receive a statement online with raise […]
Here’s Your Open Thread for BDO Compensation Discussions (2014)
Well, folks, it appears BDO pulled a fast one on us and changed up the game by coming out with compensation way ahead of schedule (for BDO, anyway). Numbers have been known to come out as late as September in the past, which meant we totally ignored this person who wrote us at the end […]
Grant Thornton to Employees: “Your Compensation Notice Is In the Mail”
We wondered why our premature Grant Thornton compensation thread was a tad crickety. Now we know. From our tipster: We just got a message from National HR regarding comp adjustments. It appears that all comp adjustments will first be communicated via snail mail, as opposed to one-on-one conversations in with practice leaders. In years […]
(UPDATE) Here’s Your Open Thread for Grant Thornton Compensation Discussions (2014)
This just in: GT has received performance ratings in the West Region (If not entire U.S.). Compensation talks are beginning for FY14. OH JOY, someone alert the media! Oh wait, we are the media. Well consider us alerted! Last year, the news was bad, even by Grant Thornton standards. We aren't sure what to expect […]
Here’s Your Open Thread for Baker Tilly Compensation Discussions (2014)
Yes, Baker Tilly. We believe in equal opportunity kvetching when it comes to public accounting employees and their pay. We received this tip in the tip box late yesterday: Ratings and promotions have been announced for Baker Tilly, at least in the Greater Wisconsin region. Compensation talks shouldn't be far behind. Now, because ParenteBeard is […]