January 16, 2019

Here’s Your Open Thread for BDO Compensation Discussions (2015)

The accounting firm known as BDO is having a good 2015. It recently admitted 30 new partners, the largest class since GC's been covering the promotions. Revenues eclipsed the billion-dollar mark back in May, thanks to its insatiable hunger for boutique firms. Oh, and it keeps stickin' ex-CEO Denis Field with those massive legal bills.

Yes, Wayne Berson & Co. are feeling pret-tay, pret-tay, pret-tay good about things. Perhaps the more important question is, how are the regular Joes and Janes feeling at Bravo Delta Oscar? Is all this ludicrous success seeping into the pores of the men and women who spend their days and nights in the trenches?

We don't know! Tips from inside BDO have always been few and far between, especially for a firm of its size. But earlier we were been blessed with a tip that informed us that "comp discussions will take place this week." We'll take it.

Yes, this implies that the sit-downs haven't started yet, but whatever, the timing seems to be consistent with last year, so let's get this rolling. You can share anxiety and unrealistic expectations until your actual discussion takes place.

As always, we'll save comp thread proctors the trouble by reminding participants to share the following:

  • City (region is not informative) & Line of Service
  • Promotion (if applicable) & Rating
  • % Raise
  • % Bonus (if any)
  • Optional: Old & New Base

Good luck, BDO brethren. Hopefully Wayne makes it rain.

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BDO’s Global Revenue Hit $9 Billion Mark in 2018

We could have been dicks and not rounded $8.99 billion up to $9 billion, but we decided to be nice. From BDO worldwide headquarters in Brussels on Dec. 11: BDO, one of the world’s leading global networks of independent public accounting firms, has announced that worldwide revenue for all BDO Member Firms (including the exclusive members […]