December 11, 2018

Here’s Your Open Thread for EY Compensation Discussions (2018)

ernst & young report ashley madison

Ya know, I don’t know why we’re even bothering with this since Going Concern sucks but on the off chance one of you gets his BVDs in a bunch over us not doing it, here we are.

Historically, the emails start trickling in right about this time each year, presumably after the rulers of Ernstonia are able to carefully glean through PwC’s compensation numbers and adjust expectations in a downward fashion accordingly.

Because we know how much y’all love to compare (to each other, to other firms, to the dude at the urinal next to you, to prior years), we’re doing something a little different this year. Below, you’ll find an infographic on 2017 EY compensation numbers. Assuming you guys don’t hold out on us like an angry girlfriend with a headache, we’ll be able to provide even more graphic data on this year’s numbers after the last holdouts let it spill. This is entirely up to you, but just to make things a little easier we’ve also created a survey so you can skip the comments entirely.

EY comp Going Concern 2017

 

We’ve been doing this for many, many years but just in case you’re rusty, the drill is as follows (survey link if you prefer that method):

  • Position, promotion (if applicable)
  • City (preferred) or region
  • Line of Service
  • Rating if you so desire
  • % Raise
  • % Bonus (if any)
  • Old & New Base

Not at EY and afraid we might forget about your firm? Hit us up at [email protected] when the comp chatter starts at your firm and maybe we’ll get around to it.

Related articles

Forbes: Senior Accountants Pay Rising in the Recession

Feel free to call bullshit on this because we’ve heard rumors about pay freezes at KPMG (they are getting back to us on this) but according to Forbes, senior accountants rank at #11 for “Hot Jobs Where Pay is Rising” in the recession. The list states median pay at $60,300. Not only that but apparently, there aren’t enough of you senior accountants:

There’s a shortage of senior accountants right now, and the recession has actually provided a chance for them to revive client relationships, believes Mark Koziel, senior manager of firm practice management at the American Institute of Certified Public Accountants. “As long as there’s small-business America, as long as there’s big-business America, there will still be a need to do auditing and tax returns,” he says.

This strikes us as strange as there have been layoffs at several firms. The need for auditing and is obvious but those of you left are probably doing the work of two or three people.
UPDATE, July 22, 2009: KPMG got back to us re: pay freezes and had no comment