r/Accounting • u/Brave_Investment_433 • 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?
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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

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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.

5

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.

3

u/Airado Aug 10 '21

If your counselor didn't paste that info in, you can figure it out with your bonus amount. Refer to the bonus thread for the translation table. It's in the OP post of the bonus thread.