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Q: Big4 - Yearly salary increment

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  #921 (permalink)  
Old 28-05-2020, 01:11 PM
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Thanks for the detailed sharing. Seems much more lucrative to go for strat/consulting roles instead if that's the case. 15k after 5-6 years is very tempting. Shall work hard and prepare for these roles...
good luck! remember to look at it from a holistic point of view (including the cons) before making a choice.

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  #922 (permalink)  
Old 29-05-2020, 06:12 PM
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Has EY-parthenon fully merged into TAS?

Are there any disadvantages in terms of exit opps and salary if they have?
Any EY consultant here?

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  #923 (permalink)  
Old 29-05-2020, 09:47 PM
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Any EY consultant here?
Received an offer from them but did not accept it. From my understanding they have fully merged, my contract stated it was TAS even though i interviewed with the Parthenon guys. Paywise, starting pay was 3.8k which is very far off from what they used to pay from my understanding. Can't comment on exit opps.

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  #924 (permalink)  
Old 29-05-2020, 10:38 PM
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4.5k is real. I'm personally from Deals, lateralled in so havent personally went through ACE program but all salaries in big 4 is somewhat an open secret.

Let's say u want to go into advisory / consulting, which is separate in PwC's operating structure. I say it's good, 4.5k is the highest any A1 would get in PwC, excluding S& whose pay is kind of a blackbox.

However, looking at trajectory and salary you are going to get in next few years, I say other consulting firms pay a lot higher. A 1st year manager in deals strategy gets around 6.5k after ~5-6 years of experience. A 1st year manager in ACN Consulting gets around 9k after also ~5-6 years of exp. Note: years of exp based on average performer.

My opinion: good starting point, bad progression, decent exit opportunities. A lot of people leave for F500 MNC, get 20-25% salary bump in 2-3 years earning 6-7k. Not extremely high, but decent enough. Turnover extremely high in mid seniority levels (SA/M), which is also why I got hired.
ACN managers get 11k starting.
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  #925 (permalink)  
Old 30-05-2020, 05:54 PM
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Received an offer from them but did not accept it. From my understanding they have fully merged, my contract stated it was TAS even though i interviewed with the Parthenon guys. Paywise, starting pay was 3.8k which is very far off from what they used to pay from my understanding. Can't comment on exit opps.
Insightful. Where did u go instead? Assume u had a better offer.
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  #926 (permalink)  
Old 30-05-2020, 11:12 PM
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will be promoting to senior in H2 and has been offered a 16-20% pay increment (from SA1 pay) to do IT compliance in industry. should i take it? am i sacrificing my long term gain for short term gain?
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  #927 (permalink)  
Old 31-05-2020, 10:55 AM
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Yes go for it.

2 years is a reasonably decent time to serve in the big four.

S1-4.2
U hop for high 4s.
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  #928 (permalink)  
Old 31-05-2020, 02:45 PM
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Big 4 audit senior mgr pay range above 10k?
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  #929 (permalink)  
Old 31-05-2020, 02:48 PM
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Big 4 audit senior mgr pay range above 10k?
Around 9K plus gross. But around 16 month annual package.
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  #930 (permalink)  
Old 01-06-2020, 10:51 PM
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Generally, does the Big 4 prefer resumes with a photo or not? Entry-level
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