Can anyone ACCURATELY dive into Senior Manager compensation? After around 8-10 years at the firm, what can I generally be making? (Please none of that “it depends”)

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If you don’t want an it depends answer than you need to provide enough information to eliminate the variables.

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I grew up in the firm and am roughly 3x my staff1 salary at sm1

helpfullike

so basically 150 to 190

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Grew up at the firm - first year FDD SM with an early promotion - my base now is 3.2x my audit starting salary from audit in 2012. What else do you want to know?

helpfullike

First year SM in 6-7 years? Damn!!

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Moved around a bit, started 26 years ago, still not senior manager (it’s a whatever at this point - I’m happy with my salary and benefits) - 5.2x starting salary. But idk if you can compare 1993 starting pay to today.
Started in tax, moved into consulting about 8 years in

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I’d do law. 17 years and only at 150

helpful

Well, the economy was crap for 7-8 years there, right when I s/h/b Senior Manager. Central US. It’s ‘ok’, but sometimes the light at the end of the tunnel is a train.

I wonder how this differs between service line and group

Update to my question: I work in the tax service line. EY2 and EY3: is that base salary or is there a bonus component included?

Im basically trying to reevaluate law school based on time invested/salary (eg potential $200k salary after law school following 5 years at the firm or 8 years at the firm and sounds like I should expect to be 160-180k+ without the debt)

Bonus isn’t factored into the numbers I gave. Total variable comp last year (M2 to SM1) (excluding promo bonus) was 16k PBB + ~8k in ovations/RAC

Same with the numbers I gave. I have been risk advisory all the way through

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Hey EY OP, I’m in tax as well and work with attorneys. There are Seniors (2s and 3s) in my practice who are clearing $140k. I’d imagine getting to $200k salary can be achieved within the 5-8 year time frame.

Note: some attorneys have LLM and coming out of LLM program, I think they are starting around $105k-$110k. The downside is the massive amount of debt.

Yes, correct. Those are Seniors with LLM

I think my SM in Chicago (12ish years with the firm) is at 150

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