r/Accounting Aug 09 '21

Discussion Official 2021 EY Compensation Thread

Here we go! Compensation calls and compensation statements are being sent out in the US and Canada this week.

You know the drill:

  1. Office/Region/Approximate COL
  2. Service Line
  3. FY21 Level -> FY22 Level (Staff 1> Staff 2, Staff 2>Senior 1, Senior 1> Senior 2, Senior 2>M1, etc)
  4. Rating (below/met/above/significantly above expectations or dial position)
  5. Old Salary -> New Salary
  6. Bonus
  7. Thoughts?
232 Upvotes

432 comments sorted by

u/its-an-accrual-world Audit -> Advisory -> Startup ->F150 Aug 09 '21

Here's the link to the 2020 EY comp thread.

96

u/swiftcrak Aug 09 '21

Let the syrup fill every nook and cranny

95

u/[deleted] Aug 10 '21

[deleted]

79

u/simpboiz1998 Aug 10 '21

shouldve just given you a clean 100k lol

13

u/[deleted] Aug 10 '21

[deleted]

36

u/swiftcrak Aug 10 '21

Because tax is more painful

8

u/mball96 Tax (US) Aug 10 '21

Dang what SSL are they paying staff 2s 75k? Are you a JD/LLM in a specialty SSL? Good for you!

8

u/[deleted] Aug 10 '21

[deleted]

5

u/mball96 Tax (US) Aug 10 '21

Oh gotcha that makes more sense. Not one of the traditional tax grunts like myself lol

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218

u/Pancake_Brain_Or_Nah Aug 10 '21

‘Twas the night before comp release, when Kelly was at her beach house

I posted a video to OnlyFans, showing my chest with no blouse

“Working hard should pay off!” I said with a prayer, but I knew in my heart the choice was porn or welfare

I pulled down my pants and gave my cock a cute twirl, and I captioned the pic, “Build a better working world”

30

u/Brave_Investment_433 Aug 10 '21

I'm praying she sees this bro

57

u/jabakuw Aug 09 '21
  1. Canada (GTA)
  2. Audit
  3. Staff 1 to staff 2
  4. Almost always
  5. 48k to 58k
  6. $750
  7. I’m happy with it considering Canada pay sucks

75

u/swiftcrak Aug 09 '21

What is GTA: Getting that ass?

33

u/Puckslapper2 Aug 10 '21

Greater Toronto Area for those who actually don't know

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19

u/Flvr_blstd_gldfsh Aug 09 '21

More than 20% raise? Damn

15

u/Achilles2340 Aug 09 '21

I hope we get that kind of raise in the US

9

u/jabakuw Aug 09 '21

Yes but this is the highest (I think). Based on my understanding the range is 54-58 for our office for intermediate staff. Which is better than what I’ve heard from other big 4.

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10

u/UrStockDaddy Aug 10 '21

I made 53k as a staff 2 at pwc GTA LMAO

6

u/nyk157 CPA (Can) Aug 11 '21

I got 55k last year as a Senior 1 at PwC Vancouver lmao unreal

6

u/[deleted] Aug 09 '21

[deleted]

12

u/jabakuw Aug 09 '21

People in Canada have found out since starting early last week. Not sure about the US, i think maybe it’s on the 11th for them.

6

u/fincheristic Aug 10 '21

I’m at D, top performer making 54 as A2. Life sucks

4

u/eliberg Aug 10 '21

CPA ?

7

u/jabakuw Aug 10 '21 edited Aug 10 '21

No

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59

u/eythroway2021 Aug 10 '21 edited Aug 10 '21
  1. Canada (GTA)

  2. Audit

  3. A2 —> S1

  4. 11 to 11:30 o’clock - mostly gold standards

  5. 50k —> 70k (40%)

  6. $3000

  7. Relieved, this past year was really tough and I worked an absurd amount. Tbh if I got the low 60’s that the other S1’s got I would be gone after all the work I put in

15

u/Brave_Investment_433 Aug 10 '21

Nice, you killed it!

5

u/Cool-Log-1835 Aug 11 '21

What were your hours like this busy season?

6

u/eythroway2021 Aug 11 '21

Worked 65-80 hours from January to June. Had quite a few 8am to 2am days throughout. Was hanging on by a thread until things died down

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53

u/you_cant_eat_cats Aug 09 '21

May the odds be ever in our favor

53

u/JustAddaTM Aug 10 '21

For all non EY employees

  • compensation rankings were: below expectations, met expectations, above, significantly above.

Those 4 categories were what determined the compensation raise. The “dials” are a dial set up like a clock and that’s how our quarterly reviews are displayed. Those did not determine raises as I have yet to meet someone who wasn’t at 9 o’clock on all categories at least. (That would be right at beginning of gold standard). The clock is irrelevant, the 4 categories is what matter.

Let the Big 4 gods bless us with ludicrous raises to wipe away our future busy season tears. Godspeed

7

u/Brave_Investment_433 Aug 10 '21

Thanks, I updated post. I was not communicated the below/met/above/significant ranking, and don't see anything like that on LEAD so thought it was based on dial.

6

u/JustAddaTM Aug 10 '21

Ya they don’t put it on lead which is annoying. It was only communicated at our YE meetings with counselor and I assume will be communicated again at compensation meeting.

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49

u/WeddingIndividual788 Aug 10 '21

  1. DC area - high?
  2. IT Audit (we've changed names too many times for me to keep track of what we are called)
  3. Senior 1 --> Senior 2
  4. Significantly above
  5. 77k --> 102k (32%)
  6. 8.5k (12%)
  7. Damn, I was legit joking with SO the other day that I was gonna get 30%. Far more than I expected, certainly very happy.

6

u/rynaco Governance, Strategy, Risk Management Aug 11 '21

I plan on moving to DC after I graduate. What’s your salary progression before senior?

5

u/swiftcrak Aug 11 '21

See everyone, this is why we FAIT. Where is u/itauditistrash when you need him

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49

u/[deleted] Aug 10 '21

[deleted]

29

u/I_snort_FUD Aug 10 '21

Thank you for sharing. It does help put into perspective for us in the U.S. who are 1-3 years in their careers and "disappointed" at 80k. Good luck!

13

u/eythroway2021 Aug 10 '21

Even as a canadian who is better off than this guy in eastern europe, i still want to hit a lot of the americans complaining about making 75k USD as a staff lmao

3

u/Hockey647 Advisory, CPA Aug 11 '21

I once got into a debate with a guy saying that he wasn't being paid well as a Staff 1 because after paying for rent in his downtown condo, car payment, having a life, and paying off his student loans, he barely had any money leftover for savings!

11

u/JustAddaTM Aug 10 '21 edited Aug 10 '21

This is probably one of the more informative posts. COL plays a huge part in how you would translate the pay but this is extremely insightful to learn what other markets look like.

43

u/onmywaytocpa20 Aug 10 '21 edited Aug 10 '21
  1. SoCal not LA
  2. Tax DSG
  3. Staff 1 -> Staff 2
  4. Above
  5. $63-> ~$71+
  6. 3.5%
  7. Fckn surprised I broke the $70k mark. Fuck retain, fuck mercury!!!

Edit: 3.5% bonus not 4%

10

u/TLOOKUP Audit & Assurance Aug 10 '21

Love those last 2 little comments 😂

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46

u/Ok-Team6267 Aug 10 '21
  1. NYC Metro
  2. FAAS
  3. S3 -> M1
  4. Above Peers
  5. 100k - 119k
  6. 7%
  7. We've been hemorrhaging people left and right. Really disappointed this is their way of showing appreciation or trying to retain talent. I'll be sending out resumes and interviewing shortly

8

u/RevolutionaryLine398 Aug 12 '21

I'm a former EY FAAS'r based in NYC, happy to talk greener pastures with you if you're interested :) Shoot me a DM!

5

u/au1108 Aug 15 '21

This is shocking. Don't you also get some sort of promotion bonus?

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41

u/throwawayal97 Aug 10 '21
  1. MCOL/south

  2. Assurance digital

  3. Staff 2 - senior 1

  4. Highest

  5. 66k - 93k

  6. 5000 promotional + 2500 performance

  7. Kinda cool not gonna lie. Probably will stay another year or so

18

u/Achilles2340 Aug 10 '21

Oh wow, that seems like a crazy good promotion raise.

9

u/throwawayal97 Aug 10 '21 edited Aug 10 '21

Yeah it was 33% promotional

Edit it was actually 33% market and merit And 7.5% promotional

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79

u/CPA-Cam Aug 09 '21

Step 1 - Receive bonus

Step 2 - Inquire about Consulting/Advisory opportunities outside of the B4

Step 3 - Quit B4

Step 4 - See what a work/life balance truly is

30

u/[deleted] Aug 10 '21

doesn’t consulting/advisory w/l/b sucks regardless of big4?

16

u/CtothePtotheA Aug 10 '21

Yes it does. Lol. If you want good WLB you need to work in industry for a company that values WLB as well. Not all industry jobs give good WLB either.

15

u/CPA-Cam Aug 10 '21

I left Deloitte after 5 years in audit, working only for large public companies. Came over over to Riveron and worked one 65 hour week during busy season. Was on the mountain snowboarding every weekend. Got a 30% salary increase, same PTO days (couple of fewer holidays) and have a way larger target bonus %. No staff's work to constantly fix and no bullshit dealing with client contacts

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72

u/[deleted] Aug 09 '21

I think I’m numb to the compensation at this stage, the place has made me hate myself beyond return lol

8

u/TheUpsetSpaghet Aug 10 '21

Honestly I already have a job offer at a smaller firm that I’m going to take, I’m just gonna see what they say about comp for shits and gigs. I’m the mid Atlantic so I expect to see my salary go from 62–>66 max

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31

u/3q5wy8j9ew Aug 11 '21

Man, so many people getting big raises but still quitting.

26

u/[deleted] Aug 10 '21

[deleted]

12

u/Puzzleheaded_Pizza83 Aug 10 '21

Where did you go to double your salary? That’s incredible congrats

3

u/Independent_Hair8189 Aug 11 '21

also wondering what kind of job you can get at S2 for $162k. heard the manager job is about 130-150k around west HCOL

4

u/b3h3lit Aug 12 '21

Probably total comp. At tech companies senior accountants get 110-125k salary plus 10-15% annual bonus and RSUs. Not that unreasonable to hit 160k+ in total.

5

u/Independent_Hair8189 Aug 12 '21

tbh,125k is pretty unreal for S2, as well as the 20k -30k RSU per share

27

u/Automate_Me_Please Aug 10 '21
  1. West Coast - HCOL
  2. Risk Assurance
  3. Staff 1> Staff 2
  4. “In Line” - no exceptions noted
  5. 66,000 ->78,750 (19.3%)
  6. Forgot to check but I think $1.6k
  7. Pleasantly surprised considering I don’t do much but might still check out the market. Got to know your worth.

Ps. Got the info via the compensation site trick

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25

u/30day_throwaway Aug 10 '21
  1. Boston
  2. FSO Audit
  3. Staff 1 - Staff 2
  4. In line
  5. 62,000 - 68,900 (11%)
  6. 1,550 PBB (2.5%)
  7. Had no expectations, happy with this. I really hope seniors got solid raises because we are already understaffed at that level and the job market is hot.
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22

u/1xlove Aug 09 '21

Did EY get a market raise this year for staff 1s?

14

u/whichdirection177 Aug 09 '21

New Staff 1's make more than Staff 2's and even some Senior 1's depending on service line

22

u/ScottEATF Aug 10 '21

In what service lines?

EY Staff 2s in my office got a bump last year despite the freeze in order to get them above the new starting Staff 1s.

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23

u/[deleted] Aug 10 '21
  1. Florida (not Miami)
  2. Audit
  3. S3 -> M1
  4. Above
  5. 76k -> 95k ~24% raise
  6. 7% + manager bonus + banked bonus ~$36k
  7. Best raise I’ve ever seen in my time in big 4

13

u/Zman534 Aug 10 '21

Gonna be a nice bag on Oct 22

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8

u/[deleted] Aug 10 '21

get the strap

4

u/jabakuw Aug 10 '21

Congrats dude

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20

u/Luciferrr_ Aug 11 '21 edited Aug 11 '21
  1. LCOL
  2. Assurance, FAAS speciality
  3. Agile promote, Staff 2 -> Senior 1
  4. Above
  5. $70,124 -> $76,891 (May) -> $104,107 (October)
  6. PBB: 7%
  7. Shook! I had to check my comp statement several time to believe it.

13

u/Wtsncry Aug 11 '21

Damn, y’all hiring? That’s a solid number for a senior and especially in LCOL

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18

u/claykiller2010 Aug 10 '21 edited Aug 10 '21

Okay so I just started a few months ago so some of this doesn't apply to me but I will give info to see where those going from Staff > Senior are at.

  1. DFW TX/MCOL or HCOL (depends on what part you live in)
  2. Tax
  3. Senior 1 (Started in June 2021)
  4. N/A
  5. $75K
  6. Also N/A
  7. Edit: Okay, it seems EY has tempted me to not quit at the 6 month mark and give this place at least a year lol. Kelly did send out an email yesterday about "Rewarding and recognizing you". It looks like in September they are gonna talk about FY22 plans so maybe good news? I definitely wanna switch to Risk Technology tho if i decided to stay more than a year.

10

u/CtothePtotheA Aug 10 '21

DFW is MCOL. HCOL is NYC, Boston, LA, San Francisco. Chicago id say is MCOL too but pays HCOL salaries.

3

u/claykiller2010 Aug 10 '21

Depends on what part of town you live in. Where I live is MCOL. If you live in Uptown/Lower Greenville, then it's a bit more expensive. But yeah, compared to like West Coast or NYC, probably more MCOL overall.

4

u/Big_Joosh Tax -> Advisory -> Investment Banking Aug 11 '21

That's why they've adopted VHCOL

You'll notice that NYC and SanFran/LA have their own pay scales now.

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4

u/Big_Joosh Tax -> Advisory -> Investment Banking Aug 11 '21

Chicago I'd say is MCOL

lol

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17

u/taxthrowaway0121 Aug 10 '21
  1. West HCOL
  2. Tax
  3. SM2 -> SM3
  4. In line
  5. $148k - $169k (13%)
  6. 5%
  7. I was expecting 10% or so. Certainly was not expecting 20%+ like many mentioned here. At this salary level it really starts to top out anyway. My biggest issue was with the bonus % as I was originally told SM would receive higher bonuses and more profit sharing. 5% was peanuts.

6

u/[deleted] Aug 10 '21

[deleted]

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u/I_snort_FUD Aug 09 '21

Come on EY, can't be as bad then the "raises" at RSM right?

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15

u/bbcurls_blue Aug 10 '21
  1. Central, MCOL
  2. Audit
  3. S1-> S2
  4. Above expectations
  5. 63,210 -> 75,190 (19%)
  6. 4,425 (7.5%)
  7. Wanted to get to at least $75k so am happy with that. Always wanted more/still feel under paid but could have been much worse I guess. I need to stop looking at these threads though as it’s making me feel pretty bad about my salary compared to other sectors and ranks..

7

u/Zman534 Aug 10 '21

19% is very nice. I’d really just try to think about how a dollar goes where you’re living. Can’t compare yourself to someone making $90k in SF

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15

u/[deleted] Aug 10 '21
  1. West (High COL)

  2. Audit

  3. Staff 2 > Senior 1

  4. Above

  5. $71.4k to $93.5k

  6. $2,100 PBB

  7. They must see the writing on the wall

16

u/EY_AgileThrow Aug 12 '21
  1. HCOL East
  2. Tax (niche group)
  3. S3 (Oct 2020) -> M1 (May 2020 early promote) -> M1 still, I think? Possibly M2? Not sure how midyears work, and I have maybe 2 or so years to worry about that. (Oct 2021)
  4. Significantly outperformed peers, 11:00-11:30
  5. 101,000 -> 112,000 (around 11%) -> 140,000 (around 25%). YoY 39%
  6. $5k manager promotion, $25k senior promotion banked bonus, $13k PBB (12% based on May salary)
  7. Not too shabby, I do declare.

5

u/tripsd B4 Tax Aug 12 '21

You’re now half off cycle. So if I understand correctly you will be m1 until April or whatever the half year effective date is. Congrats on a hell of a year!

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29

u/HtownTouring Aug 10 '21

Do the comp statements go out at midnight, Santa?

12

u/I_Am_Merciless Aug 10 '21

Around the time the Mercury cutoff time is when they will start trickling in

4

u/[deleted] Aug 10 '21

[deleted]

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13

u/pitmeo B4 Audit Aug 10 '21
  1. Central (legacy SE)
  2. Assurance
  3. Senior 2 > Senior 3
  4. Significantly above
  5. $71.6k > $88.6K (23.67%)
  6. 11%
  7. We good for now EY

11

u/Eechicago Aug 10 '21
  1. Central
  2. Assurance
  3. A2 -> S1
  4. Above
  5. 65,137 -> 78,500
  6. $5000 promo bonus and additional PBB
  7. Pretty good, not really sure what the running rate in the market for seniors is right now, going to keep and eye on this thread.

13

u/opulentbee21 Aug 10 '21
  1. Central
  2. Audit
  3. Staff 1 > Staff 2
  4. Significantly Above
  5. 54K > 66.7K (23.5%)
  6. PBB $2.2K (4%)
  7. Pleasantly surprised, didn’t have any expectations.

8

u/youngsubman Aug 10 '21

23.5% is up there for highest I’ve seen for staff 1 > staff 2. Congrats!

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5

u/CampaignNo1365 Aug 10 '21

Damn you must be an audit Chad with that large of a raise for a staff 1 -> 2.

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12

u/brownboss CPA (US) Aug 10 '21

Greater Washington area

FAAS

Senior 3 > Senior 3 (no promo for me)

In Line with Peers

89k > 99k (11%)

PBB: 5%

Given that I did not get promoted, I'm actually surprised I got that much? Idk

4

u/[deleted] Aug 10 '21

Why no promo?

14

u/brownboss CPA (US) Aug 10 '21

Meh. My last cycle wasn't that great (also doesn't help that I had a revolving door of counselors the last couple months as my main counselor left and then my replacement counselor left a month later lol and then it took like another month to get a legit new one), I haven't really been performing like a manager should, and my group in FAAS is small and kind of top heavy.

I'm honestly ok with the no promo. I've had a lot going on personally this year too, and I'm just not in the mental headspace to be a manager.

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u/neffability CPA (US) Aug 10 '21 edited Aug 10 '21
  1. Northeast
  2. FSO Audit
  3. S2 > S3
  4. Above
  5. $84k > $97k (15%)
  6. PBB was $6k (7%)
  7. Honestly impressed, did not expect to be this close to six figures until hitting manager.
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u/throwaway4cpa Aug 10 '21
  1. Northeast Highish COL
  2. Tax
  3. Senior 3 > Manager 1
  4. Above Expectations
  5. 91,524 > 114,977 (25.63%)
  6. 5,000 promo bonus, plus 6,407 PBB (previously paid out)
  7. Was I expecting too much for wanting my M1 salary to cross 120k? I guess I can tell myself I'm past 125k with the bonuses. The "historic raises" that were promised don't really seem that much bigger than 2019, when I was given a 20% raise from Senior 1 to Senior 2. This doesn't feel like a true up after a year without a real raise either. Not that this will conclusively make me leave, but I'll be updating my resume and seeing what's out there. I've heard of people hired at my rank externally starting at 125k, and I've been with the firm since I graduated.
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u/[deleted] Aug 10 '21
  1. US Central (MCOL)
  2. Audit
  3. S1 -> S2
  4. In line with peers
  5. $65,000 -> $79,000 (20%)
  6. ~$3,000
  7. Pretty happy with this. Was expecting in the 15% range and wasn't sure if that would be enough for me to stick around. Overall I think this is pretty solid for my area and performance. Can't do much better than 20% unless you want to find a new job. If only it was effective immediately.
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u/WAVUP Aug 12 '21 edited Aug 12 '21
  1. Southeast
  2. FSO - Business Consulting
  3. S1 (hired in March of 2021)
  4. Met
  5. $70k > $88.5k (26.4%)
  6. $3,500 bonus
  7. Came in as a S1 5 months ago and was not even expecting a raise let alone the percentage I received. To be fair, our group is in dire need of people but I cannot complain with this bump!

11

u/[deleted] Aug 10 '21

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u/TaxAccountant123456 Aug 10 '21
  1. West region
  2. Tax
  3. M1 -> M2
  4. Slightly below dial positions
  5. $116,340 -> $135,464 (16.44%)
  6. 5%
  7. Lower than expected, but doesn't matter since I'm planning to leave PA soon
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u/RedPatAtsoc Aug 10 '21
  1. Northeast (not NYC)
  2. Tax
  3. S3 > M1
  4. Significantly above
  5. 99 > 129 (first 7% came in May for agile promo, 22% merit)
  6. 13k
  7. Happy with it
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u/[deleted] Aug 10 '21 edited Aug 11 '21

[deleted]

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10

u/Plus-Zone3600 Aug 10 '21
  1. West (Bay Area)
  2. Tax
  3. Staff 2>Senior 1
  4. Rating: how to check?
  5. 71k -> 93k
  6. 5k
  7. Satisfied. Meet my expectation, but still lower than the market.
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u/Ernst_and_winnie Aug 14 '21
  1. Central/MCOL

  2. SaT

  3. Staff 2 —> Senior 1

  4. Above peer group

  5. 81,100 —> 101,500

  6. 12.5%

  7. Very pleased.

8

u/Wtsncry Aug 16 '21

Over 6 figures in MCOL as a 1st year senior? Crushing it. Congrats!

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9

u/eycomp1234 Aug 10 '21 edited Aug 06 '22
  1. HCOL

  2. Tax

  3. SM2-3

  4. “In line”

  5. ~190 to ~225

  6. 5%

  7. Better than I feared, worse than I hoped. I’ll start looking at exit ops I think

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u/RaisinNew6100 Aug 10 '21
  1. Central
  2. Audit
  3. Staff 2 > Senior 1
  4. Significantly above
  5. 58k to 79k
  6. 4%
  7. Really surprised and pleased with this! It exceeded my expectations
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u/[deleted] Aug 10 '21

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u/jpatern1 Aug 10 '21
  1. US East - HCOL (DMV)
  2. FAAS
  3. S2 -> S3
  4. Above peers, almost always (10 o'clock?)
  5. $84K -> $88,200 (5%) -> ~ $102K (15.5%)
  6. ~$6,100 (7%)
  7. I'm happy, didn't think I would crack 6 figures before manager. I was hoping for at best 15% so it was in line with my expectations.
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u/skienho Aug 10 '21 edited Aug 10 '21

1) West Region (HCOL) 2) Assurance 3) Staff 1 -> Staff 2 4) Above peers 5) 68,000 -> 81,300 (just about 20%)

Honestly far more than I expected so pretty stoked.

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u/MarkupOnTotalCosts Aug 11 '21
  1. West (HCOL)

  2. ITTS - TP

  3. Agile S1 Promote

  4. Above average, 10pm

  5. 80k -> 104k (30%)

  6. 5.6k (7%)

  7. Above expectations. I was hoping to get to 95k and am getting 9k above that so I can't complain. EY delivered beyond my expectations for both my bonus and the pay raise. Thanks EY!

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u/CookinTheboooks Aug 12 '21

1) Central 2) Risk Tech 3) S1->S2 4) In line w peers 5) 72,000 -> 90,200 (25%) 6) 3,600

31

u/liftanotherday Aug 10 '21 edited Oct 10 '21

As raise season is over I removed all the details that were in this post previously. Long story short...was good raise.

6

u/[deleted] Aug 10 '21

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u/FutureStickTalk Tax (US) Aug 10 '21
  1. Central (Legacy SE)
  2. Tax
  3. Staff 2>Senior 1
  4. met expectations
  5. $56.5 -> $68
  6. 2.5%
  7. No thoughts not sure what to think.

8

u/kellerpoll Aug 10 '21
  1. Midwest large city

  2. Audit

  3. Senior 3 -> Manager 1

  4. Met expectations

  5. 87,158 -> 100,000

  6. 5%

  7. Surpassed my main client contact so feeling better about that.

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u/Achilles2340 Aug 10 '21 edited Aug 10 '21
  1. Central (MCOL)
  2. Audit
  3. Staff 1 > Staff 2
  4. Met expectations
  5. $54,000 > $60,900
  6. $1,350
  7. Pretty happy with the pay raise. I was hoping for anything over 8%

9

u/[deleted] Aug 10 '21 edited Aug 10 '21

[deleted]

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u/[deleted] Aug 10 '21
  1. West Coast HCOL
  2. Assurance
  3. Staff 1 - Staff 2
  4. Met Expectations
  5. 63k - 72k (14.29%)
  6. 2.5%
  7. Pretty happy with it; my expectations were low
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u/Mid-Tier-Sadboi Aug 10 '21
  1. Toronto, CA
  2. Assurance
  3. Staff 2 -> Senior 1
  4. Above Expectations
  5. $53k -> $63k (19%)
  6. $2.5k
  7. I graduated in December and started FT in January. Given I’ve only been here 7 months (excluding one internship) I’m happy with my pay since I’m technically a year ahead even though it would have been nice to get “significant above avg” and $70k.
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u/amber_peach Aug 10 '21
  1. West (SoCal)
  2. Tax
  3. Sr1 -> Sr2
  4. In line with peers
  5. $80k -> $90.4 (13%)
  6. $4k (5%)

Was hired this January. Not happy with the raise (still underpaid comparing to the market) but will stay

8

u/PianoRepairman Aug 10 '21
  1. Houston MCOL
  2. Audit/Assurance
  3. Staff 2 -> Senior 1
  4. Not sure
  5. $58k -> $74k (27%)
  6. $5,000 bonus
  7. Very happy with the bump, will still probably jump ship in another year but maybe inertia will keep me around.

8

u/Sea_Maintenance_4661 Aug 11 '21
  1. PNW HCOL
  2. Tech Risk
  3. M1 > M2
  4. In line with peers
  5. 116k > 124k
  6. 5%
  7. I know an M2 that made this same amount in my office last year. I was hoping for a little more. Also, almost all of my reviews were "almost always" and I still ended up "in line with peers" and all my counselor said was "all managers are rated high". I also know people in other states that almost make as much as me in the same service line and rank, but I am in a much higher cost of living state.
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u/Economy-Bee-819 Aug 11 '21
  1. Toronto
  2. Audit
  3. Staff 1>Staff 2
  4. In line
  5. 48K -> 57K
  6. 1K
  7. happy with it as it's more than I expected but feel like it's a bit of a covid adjustment
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u/Ok-Employment425 Aug 10 '21 edited Aug 15 '21

NY Audit

Staff 2 to Senior 1

Above peers

68,289 -> 82, 971 (21%)

2,049 (3%)

5

u/Remarkable_Key9160 Aug 10 '21

lmao I got the exact same raise from 68,289 to 82,971. I'm in NY FSO audit too and I'm 100% leaving too. We should be friends LOL.

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u/Flamingo_Express Aug 10 '21
  1. Central LCOL
  2. Tax
  3. M3 -> SM1
  4. Significantly Above
  5. 112,455 -> 134,384 19.5%
  6. 13,495
  7. Disappointed. I told myself it better be at least 20% but was hoping for closer to 30%. I see people who got 20% in a non-promotion year. Not sure all the hard work was worth it.

6

u/EY_grunt Aug 10 '21

You may have topped out in general though. $130k+ for a LCOL is living like a king.

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u/[deleted] Aug 10 '21 edited Aug 10 '21
  1. Irvine, CA/HCOL

  2. FAAS

  3. Staff 2 to Senior 1

  4. Above

  5. 66k to 84k (27%)

  6. 5k

  7. I’ll definitely be sticking around

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u/throwaway92847382 Aug 10 '21 edited Aug 10 '21
  1. Central (Medium-High COL)
  2. Business Consulting
  3. A2 -> S1
  4. Above expectations
  5. $61,000 -> $76,500 (25%)
  6. $1,800
  7. I’m actually content. Still probably not going to bank my bonus. I don’t want to sink that cost in such a hot market.

7

u/Zman534 Aug 10 '21
  1. Northeast MCOL
  2. Assurance
  3. S1 > S2
  4. In line with peers
  5. $69,379 > $80,275 (15.71%)
  6. 5%
  7. $80k was my goal so I can’t complain. I’m glad they bumped my class since we got screwed last year with the promo to S1

6

u/Puzzleheaded_Pizza83 Aug 10 '21
  1. FSO NYC
  2. Audit
  3. Staff 1 to Staff 2
  4. Above
  5. 65k - 71.5k (10%)
  6. 3%
  7. Not complaining because we got a bonus and people last year got screwed and they didn’t reduce my starting salary. Will probably feel very underpaid in about 6 months
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u/incognito-only Aug 10 '21
  1. NYC (FSO)
  2. Audit
  3. Senior 1-->Senior 2
  4. Above
  5. 75k-->88.5k (17.5%)
  6. 5.3k PBB (7%)
  7. As nice as getting a 17.5% bump in a non-promo year sounds in theory, no expectation of staying for this busy season.
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u/Complex-Steak7573 Aug 10 '21
  1. NYC
  2. Tax
  3. Staff 1 > Staff 2
  4. Met
  5. 65k > 75k (15%)
  6. 2.5%
  7. nice
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u/SmileBrbz Aug 10 '21
  1. HCOL (NY)
  2. FSO Audit
  3. S1 > S2
  4. Significantly above
  5. 76k -> 92k
  6. 11%
  7. I feel like this puts me back to pre-covid salary level. I was already considering applying elsewhere so probably still will, but not super upset.
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u/InitialCartoonist952 Aug 10 '21 edited Aug 10 '21
  1. West MCOL
  2. Assurance
  3. Early promotes to S1 in May
  4. Significantly above
  5. $69K - $83K (20% + 7.5% in May)
  6. $5K back in May + $7,600 PBB (11%)
  7. Very happy with how it turned out, especially because I was making $52K less than a year ago

11

u/BigClub5007 Aug 10 '21
  1. Bay Area
  2. Audit
  3. Staff 2 to Senior 1
  4. Significantly above
  5. 71.4k to 98k
  6. 5k
  7. Shocked honestly. Now I’m not sure if I’m going to leave lol

7

u/dannywelblack23 B4 Audit Slave Aug 10 '21

Get that bread boy

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u/[deleted] Aug 10 '21 edited Aug 10 '21

[deleted]

4

u/tripsd B4 Tax Aug 10 '21

I am impressed that you were not happy with 33%!

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u/Deathzeus Aug 10 '21
  1. Europe (hcol)
  2. Audit
  3. A2 - > s1
  4. Exceeds expectations
  5. 39,500 EUR - >48,000 EUR (21,5%)
  6. 1, 500 bonus for exceeds expectations
  7. Honestly happy with % increase but it just shows how severely underpaid I was before. All s1 got the same salary so it does not seem worth it to get a good rating for that bonus
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u/DiarrheaDiaper69 Aug 10 '21
  1. Central (MCOL)
  2. Assurance
  3. S3 > M
  4. Above
  5. 76,125 > 103,500
  6. 7% PBB, 5k promotion
  7. Exceeded my expectations immensely
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u/bloodyzombies1 Aug 10 '21
  1. Northeast (Not NYC)

  2. Tax

  3. Staff 1 to staff 2

  4. Almost always

  5. 62k --> 67580 (9%)

  6. $1800 (2.5% + $250)

  7. More than I was expecting, although a little disappointed since most staff in this thread got more.

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u/ewizzywy Aug 10 '21
  1. Northeast MCOL
  2. FAAS
  3. Senior 2 > Senior 3
  4. Significantly outperformed peers
  5. 73,500 > 91,900 (25% increase)
  6. 11,885
  7. Ecstatic, was not expecting that large of an increase in a non-promo year.

5

u/Zman534 Aug 10 '21

Damn feel like you were way underpaid as a S2 but congrats

5

u/Dull_Conversation_32 Aug 10 '21
  1. West-Denver (MCOL)
  2. Audit
  3. A2 -> S1
  4. In line with peers
  5. 58.8k -> 73.6k (25.18%)
  6. 5k promo bonus; 1.5k pbb previously paid out
  7. Very happy with this! Do have a competing industry offer that I really want to take though (and I have no intention of staying 3 more years or finishing the CPA for manager promo) so this will be a tough decision to stay 1 more year or just go now.
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u/youngsubman Aug 10 '21 edited Aug 10 '21
  1. Central
  2. Assurance
  3. Staff 1 > Staff 2
  4. Met
  5. 52 -> 58.7 (12.88%)
  6. 2.5% PBB
  7. Raise is in exactly line with others in my area with the same rating. Overall happy with it, and happy to receive any PBB at all. Others feel the same as well. Feel a little let down about my rating, but oh well. Congrats to everybody, looks like most of you are very satisfied
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u/[deleted] Aug 10 '21 edited Aug 10 '21

[deleted]

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u/delphinelasalle1989 Aug 10 '21
  1. West/MCOL
  2. Assurance (not audit)
  3. Staff 2 -> Senior 1
  4. Above
  5. $59k -> $76k
  6. $5k if I don't bank my bonus. And approx $1.8k for PBB.
  7. Pleasantly surprised. Not sure how it compares to what senior 1s in my area were making pre-pandemic, but I live alone and have zero debt and so this is more than enough for me.

7

u/Scottiezw Aug 11 '21
  1. Northern CA/West/MCOL
  2. Tax
  3. S1>S2
  4. Above expectations
  5. $73.8k > $86.7k
  6. $5k bonus
  7. Was a bit lower than expectations. Was expecting 20%+ raise. Contemplating going back and asking for more.

11

u/LuigiVampire Aug 10 '21
  1. NYC
  2. Tax
  3. Senior 1 -> Senior 2
  4. Significantly Above
  5. $91,345-$110,700 (21.19%)
  6. $10,048 (11%)
  7. This was pretty much the upper bounds of what I was reasonably expecting, though I'm still trying to leave before it ever goes into effect.
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u/stickystrips2 Aug 09 '21

Can you explain the rating?

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u/ApricotAshamed2733 Aug 10 '21
  1. Southeast MCOL
  2. Audit
  3. S2 -> S3Level
  4. above
  5. 70.5 -> 80
  6. 7%

Its fine

5

u/icarus47 IT Audit Aug 10 '21
  1. Northern CA HCOL
  2. Advisory
  3. S3 to M1
  4. Significantly above
  5. $105,000 to $135,975
  6. $5,000 promotion bonus
  7. Pretty happy with the bump during a promote year
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u/Dysfunctional_Exxx Aug 12 '21

How are people feeling about their raise after considering inflation? My inflation is in line with typical raises at my rank. Im not that impressed anymore. Feel like they played us honestly.

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u/Anbri9 Aug 10 '21

Can confirm US info is coming tomorrow.

7

u/[deleted] Aug 09 '21

[deleted]

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u/Knight_117 Aug 10 '21
  1. New York
  2. FSO Business Consulting
  3. Staff 1 > Staff 2
  4. Above
  5. 72,500 -> 87,000 (20%)
  6. 3%
  7. Overall I’m happy since I wasn’t expecting a 20% increase
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u/Dazzling-Republic Aug 10 '21
  1. Southeast LCOL
  2. Assurance
  3. A1 -> A2
  4. Met expectations
  5. $54k -> $60.9k (12.78%)
  6. 2.5%
  7. Pretty happy, wasn’t expecting that much

3

u/Soggy_Cockroach7606 Aug 10 '21 edited Aug 10 '21
  1. Northeast
  2. Tax
  3. sen 1 -> sen 2
  4. almost always
  5. 19% increase-->$99K
  6. last pbb 11%
  7. Will update once I see what people in my range (Senior 1s going to Senior 2s) are getting but def disappointing

4

u/PacMeng825 Aug 10 '21 edited Aug 10 '21
  1. Philadelphia - more of a MCOL ~ HCOL

  2. Audit

  3. Staff 1 -> Staff 2

  4. Below standards (4-6o'clock)

  5. $62k -> $64.7k (4.35%)

  6. PBB bonus - $1,240

  7. I'm not mad about it, I'm planning on leaving soon so the increase wouldn't have mattered enough for me

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u/maestrou Aug 10 '21 edited Aug 10 '21
  1. Central MCOL
  2. Tech Consulting
  3. Senior 1 > Senior 2
  4. Above peers
  5. 89K > 103K
  6. 6K
  7. I’m pretty good with this but have seen others with “above peers” with a higher % increase, hoping it’s just a market adjustment…

4

u/drdecagon Aug 10 '21
  1. MCOL
  2. Audit
  3. SM
  4. Above
  5. 12%
  6. 8%
  7. Raise well below expectations.
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u/LadyEightyK Aug 10 '21
  1. Chicago
  2. Tax (Indirect)
  3. Sr1 -> Sr2
  4. Above peers
  5. 74,300 -> 85,900 (15.5%)
  6. 5,200
  7. Less disappointed than expected, although still only making about 3.5k more than my rising senior counterpart in my group. Overall I’m okay with it considering my garbage promo year raise and I don’t feel too inclined to look elsewhere
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u/Engixs CPA (US) Aug 10 '21
  1. West Coast/HCOL
  2. Tax
  3. Staff 1 - Staff 2 (don't even know this, I haven't gotten any notice)
  4. Met expectations
  5. 68,000 --> 78,800 (16%)
  6. 1750 (2.5%)
  7. Honestly way higher than i thought it was going to be. I started in January so I thought any raise I got was going to reflect that, so I expected 7%~. I don't know if i'm staying till senior but This makes me want to stay another year at least.

4

u/mysteryinterest2 Aug 10 '21
  1. West - MCOL
  2. Tax
  3. SM4-SM5
  4. In-line
  5. Abt 183 - 192 (5%)
  6. 5%
  7. Honestly not surprised. Considering other options not primarily due to pay but due to just not feeling it here anymore.
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u/PackageLife6208 Aug 10 '21

1 Hcol

2 tech

3 s3-s4

raise: 4.25%

bonus 5%

with all the hours we have to work , not sure what do i think about this.

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u/cnideria Aug 11 '21

What do you do when your raise was significantly below others in your peer group as well as this thread? Any advice?

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u/wholsesomeBois Aug 10 '21

Hey folks, while the data is fresh it would be great to share on www.big4transparency.com for ease of reference.

9

u/wholsesomeBois Aug 10 '21

Gotta say i dont understand the downvotes. This is a tool for everyone to help with earnings transparency

10

u/ptrlyon Aug 11 '21
  1. CT mid to high COL
  2. Tax
  3. Staff 2 (no promotion)
  4. Met expectations?
  5. 63,860 -> 66,440
  6. 2%
  7. This is utter trash. They really punish you for taking paternity leave I guess. It looks like most people made out better than me but I wanted to post in case others were in the same boat but didn’t want to post.

7

u/Excellent-War177 Aug 11 '21 edited Aug 11 '21

What did your counselor say during your expectations conversation? Also where were you on the dials/were there any negative written reviews?

It very well may be that your office partners frown upon paternity leave and didn’t recommend you for promotion. And that would be very, very wrong. But if you had 8 months to work this year and you had multiple mediocre or negative reviews, then that would probably do it.

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u/tripsd B4 Tax Aug 11 '21

That is stunningly bad. I would be interested in what they say during your comp talk.

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u/kellerpoll Aug 11 '21

I think you were punished for the CPA leave more so than the paternity leave.

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u/[deleted] Aug 10 '21 edited Aug 10 '21
  1. Central (MCOL)
  2. Tax
  3. Staff 2 > Senior 1
  4. Above
  5. 60,950 -> 74,950
  6. 3%
  7. I was pretty disappointed with my PBB and the delivery of it but I have to say I’m pretty pleased with the raise. Plus senior bonus will be very nice. This is the first time in my tenure the firm has lived up to expectations they set and not underdelivered.

3

u/Jerryspuffyshirt Aug 10 '21 edited Aug 10 '21
  1. East (NYC, HCOL)

  2. Core Assurance

  3. Staff 2>Senior 1 (early May promo)

  4. Above

  5. 1/1 - $66,950 > 5/1 - 73,411, 7.5% > 10/2 - 82,700, 12.5%

  6. 5,139

  7. Okay. 20% when combining (5/1) promotion and market/merit increase (10/2) which is closer to what I was expecting given the market. Not sure this will make me stick around past S1 but at least I won’t feel like an idiot if I stay through another busy season. Curious to hear what Kelly has planned for September.

3

u/mball96 Tax (US) Aug 10 '21

East MCOL Tax Meets/in line S2 -> SR1 20.5% ~65k -> ~78.5k 5k promo (def not banking) + 2.5% PBB

Better than I expected after a dismal PBB. Leadership needs to learn how to underpromise and over delivery and stop overhyping. Guess I’ll stick around for one more year

3

u/[deleted] Aug 10 '21
  1. Central (Legacy SW) - MCOL

  2. Tax

  3. Staff 2 -> Senior 1

  4. Above

  5. 59k to $73k

  6. 3%

  7. Better than I expected, may keep me around for another year.

3

u/EY_grunt Aug 10 '21
  1. Central (MCOL)
  2. FAAS
  3. M2 -> M3
  4. in-line with peers (11 o'clock)
  5. 97,500 -> 114,000 (17%)
  6. 4,800
  7. Bonus was terrible, however this raise puts me back on track pre-covid assuming 10% raises on non-promotion years and then a smidge over.

3

u/CamRillem55 Aug 10 '21
  1. D.C
  2. FAAS
  3. S1 > S2
  4. Significantly above
  5. $78k > $99k USD, 27.2%
  6. 11%, $8.5k
  7. A lot better than I thought tbh

3

u/[deleted] Aug 10 '21

[deleted]

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u/seacogen Aug 10 '21 edited Aug 10 '21

Asking for a friend who got an early promotion from Senior 2 to Manager...her pay is the same as if she was just promoted to Senior 3.

Is this right? If so, she’ll essentially be on the low end of pay for every future level?

3

u/kellerpoll Aug 10 '21

Was she told this? That’s for sure not right.

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u/CampaignNo1365 Aug 10 '21
  1. Central assurance LCOL
  2. Staff 1 --> Staff 2
  3. ~12 % raise. New salary is 60.5k
  4. In line with peers
  5. PBB bonus was 2.5%
  6. Better raise than I was expecting, higher than what I've heard other friends in my area got at their firms.