BDO announced record breaking revenue increase this week. We got pay cuts, no bonuses and i got my senior promotion delayed with a 3% max raise when they go in affect. Best firm ever 😍

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

Firm comp strategy 101:
- Raises and performance pay are based on last year's results when it has been a bad year.
- Raises and performance pay are based on expected results for next year when last years results were good.

likefunnyupliftingsmart

True story.

like

Deloitte had the same except with layoffs. Plus they are the only B4 with no mandatory partner pay cuts.

like

We had layoffs as well, just focused in advisory

LOL it's us

Post Photo
like

Well I have no idea but if it’s a 1% sales increase and everyone got raises last year net income might be down like 5%? Still doesn’t make sense for pay cuts though!

That wouldn’t make much sense. I was thinking the scam is the other way around. They announce lower sales growth to justify frozen salaries and significantly lower bonus pool. But what they wouldn’t disclose are the margins or the bottom line because, after cutting on expenses like meals, entertainment, rent, other overhead, travel, salaries, benefits, etc, the firm is taking in close to what they were targeting. Idk just my two cents

likesmarthelpful

Umm US pwc partners took a pay cut from fy19 to FY20 and another one from FY20 to FY21. So DT is kit the only firm that partners took pay cuts.

Big 4 are all trash rebranded with a different logo.

If that's what the Big 4 did, BDO will follow. Those who know, know BDO.

Related Posts

It would be great if anyone could help me understand the salary components.
Basic, HRA, Statutory Bonus, flexible components of TFP - fixed ?
TVP(total variable pay) - will be given a monthly salary ?

like

Hi folks,
Can anyone please let me know what would be the approx in hand salary for a ctc of 12 LPA in TCS ?

like

Base salary for top end Principal in Singapore? MBB / OW?

like

What’s the highest pay can be offered at BNY Mellon for J grade (AVP) in BA profile ? I have been told they don’t have budget when I asked for 30 fix. My cctc is 22fix.

like

Considering a role at BCG Digital Ventures - can anyone share the hierarchy and salary structures?

like

Anyone else at a firm with a fiscal year starting November 1 in limbo with hours? I've hit my bonus hours but there's no way to hit the next bonus level in just a month so I'm just gonna give the firm like 180 free hours...

like

Any insights on 2-3 year associate salaries at Ogletree and Fox Rothschild in NJ?

like

Can anyone please let me know how to raise a complaint on my ex employer HR for not providing PF related information. Is there any act or some board ?

like

I received an offer for 80k to work as a desktop engineer for TCS at one of their client’s locations. However, I have seen poor reviews for working at TCS and I’d like to get some feedback from anyone currently or had previously worked for that company. What is the environment like and has anyone been in a situation where the contract with TCS and the client ended and had trouble with TCS finding them a new role at the same pay?

Has anyone left an integrative MBB role for a more technical data science role? Has that helped increase the comp/wlb ratio?

like

How much should I expect from IQVIA?
I have 1 year of experience in Data Science and 4 years as a statistical programmer.
Total 5years

like

Which team do you think has the highest salary? Creatives, medical, or account?

like

Odds T2/Big 4 will follow MBB pay bumps?

likefunny

Has anyone successfully moved capabilities? I work in Client Service Delivery and am aligned to PMO. CSD is a mix of PMO and SC but it seems like we do the same work for different pay.

Would you move from one big4 to another for a 10% pay increase?

like

Does anyone know the average salary for a senior consultant in finance with 5 years work experience in the LA area?

What is your annual salary as Oncology Nurse Navigator?

like

Hello
What is a good salary for a cota in a pediatric setting in south Florida (hh)?

like

Anyone in here have a hospital job for a unit secretary position? How much does it pay in California? Any help is greatly appreciated

like

I’m a Consulting Technical Project Manager IC4 and newly acquired through acquisition. Can someone explain the bonus and equity structure? In my previous role we had a bonus structure per year based on hitting goals and a target amount and then also an RSU equity program that most got (if you were the right level) but managers could adjust. What is it here?

like

More Posts

What's the best way to learn RPA? I am a Sales force consultant. Is there any good tool with free trial and good training/documentation?

likehelpful

What are the travel opportunities for a functional consultant at PWC AC Banglore and also any info about moving abroad internally

like

I will resign in coming few days. I want my notice period to be reduced from 60 day to say 30days. I am not occupied in client project currently. My question is to whom should I talk to get my notice period reduced? What is the process?

like

Hi , Need a suggestion on below companies.

4 YOE JAVA

1. CGI (19 FIXED + 5% V)

2. SAPIENS (INSURANCE - PRODUCT BASED) 18.5L F + 1.5L V + 1 JB

3. HARMON (Oracle client ) 19 FIXED (OFFER YET TO RELEASE).

UST global, verticurl , hexaware ,LTI ,HTC global but package are low

Nov 4 is LWD.... And am looking in terms of Job security. Thanks in Advance. Sapiens CGI Harman LTI Information Technology

Please provide your opinion;
Persistent systems or KPMG?

like

Hi fishes, Any openings for functional BAs? Looking for Solution and Strategy related positions. Yoe. 6+yrs Trying to transition into a Solution and Strategy Consultant, any suggestions or reference appreciated? PwC Accenture Morgan Stanley Deloitte EY Infosys

like

Is it mandatory to work from office in Virtusa? Or they are calling employees on hybrid model?

Is there permanent WFH?

like

Anyone here who made the exit from Big 4/MBB consulting to a VC? If so, I’d love to hear about how the experience is so far. (Not to mention the WLB and comp!) I’m considering a career change but have no one in my network I can go to for insights. Thx! 🙏🏾

like

Any other air simulator pilots out there lol?

Hi Fishes,
Any one looking for a role as SCM Business consultant - Product management.

Min YOE: 3
Skill set: sql database (oracle prefered), versed knowledge in supply chain.

If any one intrested kindly dm your name and mail id with current role and experince. Will try to help on the possibilities

like

Met this really cute guy at national training, exchanged phone number, but he's heading back to home office tomorrow. Advice?

like

Not sure if this is the right place, but in a privately owned business located in a right to work state, is verbal abuse allowed and would swearing at and putting down an employee in front of a bunch of other employees and in front of customers be deemed verbal abuse? Can owners demand you work a certain amount of hours a week if it’s 100% commission?

like

What are some creative ways that I can reward my team? They've been working really hard lately and I want to show my appreciation

like

I am feeling some depression due to COVID and I want to move back to Misouri to be closer to my parents, but I'm worried about looking for jobs outside of the major tech cities and moving in general. Any advice?

like

Good morning, I work for Solugenix placing top notch candidates at companies throughout the US. I just started at Solugenix so anyone who needs any assistance either finding a job or looking for candidates please let me know. Thanks and have a great day.

like

Hey you guys! can somebody please help me answer these questions!

1. WonderWorks wants to increase hospitality sales by 25% in the next year. What are some sales and marketing strategies you would use to increase sales with our corporate partners? Outline a variety of paid and organic tactics you would use, indicating any potential costs that may accrue in your plan.

like

What are some roles you have seen sales people successfully transition to (from tech/SaaS)?

like

SAP program management background, certified in MM module but it’s been years. Is it worth to stay in SAP or I should just pursue PGM position in industry, SAP or not?

like

What does everyone here use to create coaching content for social media?

like

Additional Posts in Accounting

Has anyone ever actually seen/had to cover up something sketchy on an audit?

like

Tired of the long audit hours and not ready for another busy season? Join Deloitte’s Accounting & Reporting Advisory group. The hours and pay are better and there’s no busy season. DM me if you want a referral or more details.

funnylike

I wonder if we’ll still have minimum billable hours if WWIII breaks out

likefunny

Met this really cute guy at national training, exchanged phone number, but he's heading back to home office tomorrow. Advice?

like

thoughts on Fund Accounting

like

does booking sick date or vacation impact utilization?

like

Any BDO iG folks here? If yes, how much do you travel?

like

Looking to possibly boomerang back to public somewhere between senior and manager level in the Boston area, likely in the real estate industry. Either advisory or audit. Any interesting opportunities?

likehelpful

Considering obtaining a CFE certification. Can anyone share their experience vs experience obtaining CPA? I’m already a CPA. I just want a comparison of study time requirement and difficulty of exam.

like

Are you going to year end Christmas party?

like

Sunday night traveling for work. 4 yrs old screaming bloody murder and has taken off all clothes. Mom/grandma is totally tuning her out. #idontgetpaidforthis

likefunny

If you don't leave PA at a certain point, are you shooting yourself in the foot?

like

Client Connect is the biggest piece of shit. Can't purge or export documents (error); laggy as hell; can't manually set client passwords or delete old users. It's the GDM of software basically

like

Ah fuck, I am deeply concerned that AI could replace data analyst like me now

like

Team is already talking about eating hours. My utilization is down cause I was in unassigned for a month in Dec/Jan. What's worse pissing off the partner or having a low utilization? -staff 1

like

Does Deloitte cover your whole gym membership?

likehelpful

Going on my first walkthrough with my senior. What can I do as a new A1 to be helpful and learn as much as possible? Thanks, fam

like

Well I really like a growing economy...but who cares as long as I get my taxes reduced?

like

Anyone here play Clash Royale. I'm addicted to this game. It's all I do besides study for the CPA exam

like

how does the work culture in industry compare to public accounting?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
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

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal