{ "media_type": "text", "post_content": "5th year tax partner at a top 10 firm, northeast region. I’ve been nonequity so far with a shift to equity this coming year. Current book is just under $3m. Am curious about how my compensation stacks up against big 4 and other top 10 firm partners from same region. Feel free to dm me if it makes it better. I have no problem sharing that I’m at just over $300k.", "post_id": "5f1ccb905512ee00297c69d0", "reply_count": 26, "vote_count": 9, "bowl_id": "599555b669a73a0010aab3ac", "bowl_name": "Tax Bowl" }

5th year tax partner at a top 10 firm, northeast region. I’ve been nonequity so far with a shift to equity this coming year. Current book is just under $3m. Am curious about how my compensation stacks up against big 4 and other top 10 firm partners from same region. Feel free to dm me if it makes it better. I have no problem sharing that I’m at just over $300k.

likehelpful
Posting as :
works at
You are currently posting as works at

I started at $350k as a first year tax partner. I would need to confirm but I was closer to $550K by my 5th year and those were recession years. I made partner in 06.

likehelpful

P1 how do you get a bob like that? Was it you finding business or u just get clients from ey?

That’s probably in-line for non-equity. Numbers below are for non-speciality tax. Big 4 first year and top 10 first year both at $350k (equity partners) for general tax. First year non-equity partner equivalent at big 4 (eg, MD at KPMG) starts at 200k. Might seem low, but you still don’t have buy in or need to worry about health insurance, taxes in 50 states, etc. for non-equity.

likesmart

d1: They tend to keep consistent across US for equity partners in a group unless they were a DEP. Only difference would be # of units since they try to keep at ~$1,000/unit. You’d be surprised, bonuses are still relatively crappy at MD level. Think 5-8% for top rated, maybe 11-12% if exceeded plan (ha!).

like

I’m not a partner, but I know SM’s making close to $300k, M&A tax.

like

Yes. I was making $280K as an ITTS SM before making partner. Many of us are JD LLMs too.

So do partners make 10% of their book at Big4? Would that be a fair estimate, understanding there are other factors that go into it too?

like

No. Doesn’t work that way at all. Wish it did.

like

I would like to know this as well...

I guesstimate my tax partners in MW make approximately the same with the same book of business.

I’m supposed to be admitted this upcoming year and was told that first year comp is expected to be a shade under $500k.

3m engagement revenue and 5m overall client

Related Posts

What’s the best way to get into crypto? Finally left the big 4 world where independence sucked and made me jump through a bunch of hoops just to invest in anything from certain stocks to crypto. Looking to learn a lot.

like

Hi everyone! I recently accepted a new job with a Big 4 and am also newly engaged. I have a couple of concerns… the main one being that I may not have enough time off for 2022 to cover taking off for the wedding, honeymoon, and then a couple of other weddings where I’m supposed to be a bridesmaid. Do you think there would be any wiggle room with managers allowing time off, or is it generally pretty strict? (Continued in comments)

like

Anybody know what comp for a senior manager strategy role at Disney looks like? I have an intro call with a recruiter and looking for some insights into what to ask / expect. Please and thanks!

like

Out of curiosity why is KPMG consistently made fun of and considered the worst of the big 4? I've been here a year and love working here, the people and work make me happy to come in everyday

like

Did Accenture Strategy change their compensation model? I thought they were on a cohort system where each level got paid more than the previous. Recent job postings seem to suggest otherwise, with pay overlap between levels

Post Photo
like

Remember the big 4 consultant who got screwed because he expensed reloading his starbucks card? What was the verdict on that? Is that allowed

like

Would you consider jumping firms after about 4 months for a ~25-30% salary increase?

like

Do big 4 firms care about where you work? Say you want to work remotely in a different city, is there tax implications (they make you report your physical work location)

like

What is the relationship between amount of work sold and bonus, and at what level does that start to matter?

What does M&A consulting at big 4 look like, especially at the entry level? All my previous experience is in audit/tax and I know nothing about consulting, just wanted to try something new. I liked my finance courses in undergrad, but not sure how relevant that is. Would I have ANY transferable skills from my accounting background? Can you explain what the work is like for a new hire? Especially if you've made a similar switch?

likehelpful

If I have an offer from a competing B4 dated 6months ahead, do I need to notify when I accept/sign or that 6months later?

like

What is the stereotype of each Big 4 firm?

like

What is the salary range for SM in Accenture UK, London based? Do they offer RSUs as well?

like

Which is a better Big 4 to join for Business consulting risk- EY or KPMG?

like

Thoughts on switching to a mid-tier or local firm? Currently, work for a big 4 and feel I’m getting screwed over on manager promotion.

like

20LPA as CTC,1lakh as joining bonus, 2lakhs as RSU from HPE for 10 years expereinced automation testing profile,is it a fair deal?

Anyone have experience moving from a mid-tier firm to B4? What big differences have you found in work load and stress level if any? Is the switch really worth it. Currently A2 and on track to S1.

like

What is the salary range for Deloitte SM in other firms? Do you consider strong delivery and team management bigger strengths? Does h2b visa matter in that case?

Do Big 4 give more time to settle down in the new job compared to a mid size? Does it work the same way when people are asked to improve before the firing i.e, big 4 gives more time to improve?

likefunny

Additional Posts

Is it worth it to get a professional certification like SHRM/PHR? Not many of my colleagues have one and it’s not a requirement for my role, but I’m curious if it’s worth it in the long run

like

What’s the best way to get into crypto? Finally left the big 4 world where independence sucked and made me jump through a bunch of hoops just to invest in anything from certain stocks to crypto. Looking to learn a lot.

like

I’m interviewing for BCG and had a principal reach out to me for a zoom chat. Is this normal for principals to reach out or is this a positive sign?

I took PTO today (to my job) and worked today (to my family) and just sat in my home office on the internet

likefunnysmarthelpful

Who did the amex spots with the violinist and the people all shot from behind? That's not Ogilvy, is it?

like

Anybody know what comp for a senior manager strategy role at Disney looks like? I have an intro call with a recruiter and looking for some insights into what to ask / expect. Please and thanks!

like

Out of curiosity why is KPMG consistently made fun of and considered the worst of the big 4? I've been here a year and love working here, the people and work make me happy to come in everyday

like

Hi everyone! I recently accepted a new job with a Big 4 and am also newly engaged. I have a couple of concerns… the main one being that I may not have enough time off for 2022 to cover taking off for the wedding, honeymoon, and then a couple of other weddings where I’m supposed to be a bridesmaid. Do you think there would be any wiggle room with managers allowing time off, or is it generally pretty strict? (Continued in comments)

like

What % promotion raise can I expect for a high performing staff II to senior in advisory?

like

I have an upcoming modeling test for an interview. Problem is, I have a Mac. Do people here suggest I use my Mac? I don’t feel like spending money on a pc

like

How does LEK’s healthcare practice compare to that of each MBB firm? All views welcome, zealots and balanced opinions. I work for the healthcare team and am considering defecting. Just wondering if the grass really is greener.

like

Did Accenture Strategy change their compensation model? I thought they were on a cohort system where each level got paid more than the previous. Recent job postings seem to suggest otherwise, with pay overlap between levels

Post Photo
like

If you are a health care professional that has contracted COVID and recovered, what is some advice you are giving your patients?

like

Looking at the way people are laid off, utilization is just one part of it. It's so hard to pin point what is (proper consultants let go from projects, etc..)

like

PwC Strategy&, EY EY-Parthenon , Deloitte Monitor Deloitte 🐠 If you use the traditional mba resume, how do you incorporate EY-Parthenon for example? Ernst & Young LLP (EY-Parthenon)? Or do you list it by your title, Senior Associate, EY-Parthenon? Or not at all?

likefunny

I have a work experience of 3 years 1st year as software engineer in Capgemini Then did mba Then 2 years at wipro as Functional consultant Now i am plaaning to switch I also have frm level 1 certification How much hike can i ask in my new company?

like

I have an 84 year old client with about 100K in GIC's expiring in 2 weeks. I want to be cautious and put aside some cash for medical bills should he fall sick. What do you guys do with clients 80+?

like

The number of apps/utility tools we’re using is ridiculous. I probably spend an hour of my day just reading Basecamp 2, Basecamp 3, Wrike, Microsoft Teams, and slack notifications

likesmart

Job Opportunities in PDX? Anyone know people looking for new jobs in PDX? I am sourcing candidates in PR (Director) and integrated marketing (A/C Supervisor) and other roles. Would love any referrals! S.Towers at bolywelch dot com

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal