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

Aka: KPMG Kompensation Konversations or KKK for short.

It's New Year's Eve in the KPMG universe today and we have a flood of tips telling us that the firm started compensation discussions in earnest on Monday.

Here's a sample:

KPMG compensation conversations (whew, that's a mouthful) started yesterday 9/28.

Another just wanted to send us an FYI:

KPMG comp thread should be started btw

Then there's the polite:

Please add a KPMG comp discussion page.

And the confused:

Am I just not looking in the right place? Numbers were initially released in tax yesterday and should be distributed by Wednesday.

No, you're definitely in the right place.

I always get a little nostalgic when the KPMG Komp thread goes up. Since I used to work at the venerable House of Klynveld, I know that the feeling of excitement and anticipation followed by crushing disappointment is a special kind of emotional roller coaster. I feel for you all. Especially after one tipster shared this:

[W]hat I'm hearing from others is that they are unsatisfied (as usual) but this year it was expected.

As reference, a M2 got promoted to SM this year (1 rated) and got a smaller % raise and bonus than last year as a M1 without promote. Not a good sign for the rest of us.

Eek. Anyway, some of you are anxious so let's get this party started. As always, we provide a guideline for participants to follow to keep everyone happy:

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

Keep kool, KPMG Kaptains of Kapital.

Related articles

Ex-KPMG Partner’s Fraud Trial: David Middendorf and Jeffrey Wada GUILTY!

A Manhattan jury on Monday convicted former KPMG partner David Middendorf and former Public Company Accounting Oversight Board staffer Jeffrey Wada for their roles in one of the biggest accounting scandals in recent years. Law360 court reporter Jack Newsham broke the news on Twitter earlier this afternoon: BREAK – Middendorf, Wada convicted on all but […]

KPMG Appeals One-Year Auditing Suspension In Oman, Loses

KPMG couldn’t talk its way out of trouble, as an independent appellate court in Oman recently upheld a securities regulator’s ruling last November that prohibits the firm from taking on any new auditing clients for one year. In a statement on March 3, the Capital Market Authority of the Sultanate of Oman said: “Capital Market […]