Quote:
Originally Posted by Unregistered
Hi seniors, can someone help me clarify whether 1PQE means the next Aug from your mass call (usually happens in Aug every year), or the next calendar year in Jan (meaning 4 months after your call)?
Asking in the context of salary scales that list the bands for NQ, 1PQE, 2PQE etc. What is the practice in B4 regarding salary increments?
Thanks!
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B4 firms don't really use "PQE" to describe seniority, that's more of a UK firm phrase.
B4 firms:
You increase your level of seniority / get a pay increment at the start (i.e. 1 Jan) of each calendar year.
So if you qualify in Apr or Aug, you are A1 for the rest of the calendar year (and on A1 salary).
Then from 1 Jan of the next calendar year, you are A2 (and on A2 salary).
This continues until the associate lockstep ends: A1, A2, A3, A4, SA1, SA2, SA3 etc.
That was my experience in 2 B4 firms.
In UK firms:
First 12 months after you qualify = NQ
Next 12 months = 1PQE
etc.
US firms use "class year", but there is so much discrepancy amongst international offices of US firms that this is a whole other discussion...