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Originally Posted by Unregistered
So what is this cohort's NQ salary like? 'Moderate' downwards by how much? Maybe some of the ex-trainees who are on call break can help out here? =)
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No change from the previous year, at the big4 I work at. Pretty standard package. Dunno where some of these jokers plucked the 25% reduction figure from. It's all kept constant through a clever use of the fraudulent front loading system, which allows the firms to nominally raise the base but reduce the bonus, or vice versa.
At the ending of the day, it's all an exercise in taking money out of one hand and putting in the other. True total comp hasn't moved for donkey years. Neither up nor down.