July 20, 2018

Here’s Your Open Thread for EY Compensation Discussions (2016)

The bombing raid of requests for the EY compensation thread started late last week and didn’t let up over the weekend or this morning.

The bombing raid of requests for the EY compensation thread started late last week and didn't let up over the weekend or this morning.

Most of our tipsters say that things are kicking off today so we won't keep the Black and Yellow in suspense any longer.

It's worth nothing that this only the second Big 4 firm of the 2016 compensation season, so we're excited for the extra helping of joy and despair that these threads bring.

As always, the comment proctors like to keep things tidy. So dispense with the chit-chat and get right to the important stuff:

  • Position, promotion (if applicable)
  • City (region is not informative) & Line of Service
  • % Raise 
  • % Bonus (if any)
  • Old & New Base

EnjoY!

More compensation season:
PwC
RSM
Grant Thornton
BDO
Crowe Horwath

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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