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Just got the layoff email. Details inside.
Double Queens or a single King?
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Whaa? Deloitte principals are at Deloitte and MBB partners are at MBB. So no they are not equal
SC1 with the real value add...
@OP Short answer is yes, Deloitte has Partners and Principals - difference is the CPA I believe.
Yes, principal is non-cpa equity partner
What’s a MBB?
The accounting firms require that you be an accountant to have the title partner, but for most practical purposes, these principals are partners.
I️ think there’s a wide range, my understanding is 400k to $2-3+M for senior people that have a huge year.
Depends on the firm and level of partner. $500K to $5MM. It also depends on if your are considering partner profit distribution or just base and bonus. Obviously profit depends on your level of ownership and the profitability of the firm.
Do MBB partners make more than partners at other firms?
How much do partners at other firms make? Like roughly?
Principal = partner at big 4. The only difference is whether one is a CPA or not
^ do they have equity?
Yes, principals and partner titles are full equity partners at all big 4
MD is a non-equity partner level.