As you’re no doubt aware, last Friday Deloitte made the announcement that the market for audit salaries had been misunderestimated and a second adjustment was going to be communicated to opiners this week.
Checking with a source inside Deloitte, we’ve heard some of the preliminary returns:
I have heard rumors of 5k in Hartford and 4k in Chicago for Seniors. But nothing to prove them out. The general range I have heard though is 2kish for 2nd years and 5k for seniors.
No word at at this point on what managers are receiving, so if you’ve gotten the news, let us know below.
The question now is – was all this hoopla worth it? Granted it’s early but if the range is in the ballpark, there’s likely a few people that are simply, “meh.” On the other hand, maybe if you got called in for another meeting to be told that you’re getting an extra $2k – $5k you might be really flippin’ stoked. However, many people will likely remind you to get some perspective.
Either way, the tax practice is feeling short-changed and advisory is too busy rolling around in their cash-filled bathtubs to care.
Discuss the situation at present and keep us updated with the adjustment news just as soon as your sit-down is over.
UPDATE – 12:45 ET: This just in:
Deloitte experienced assistant from South Florida – $2k for audit assistants, $5k for seniors.
total raise for the year with comp adjustment – 8%. Could be better but could be the original 4% I got in August…
UPDATE – crica 2 pm ET: The latest:
Miami: 2nd years: $2k, Seniors: $5k
Parsippany: 2nd years: $5K Seniors: $8K Managers: $6K