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Deloitte has 3000+ US partners and average partner pay is over 900k. These are well published stats.
Stock appreciation can’t really be considered “compensation”.
Top execs at those companies make way way way more than consulting partners.
D likely has in the US about 2000 partners with a spread of $400k to $3m and an average of $700k across audit tax and consulting. (D folks pleas help sharpen this)
D is a great firm with great path, but there are not a lot of people making >1.5m and google is full of them (given crazy stock appreciation).
Prior to vesting it totally is. Read comp disclosures for public companies. If the stock doesn’t appreciate enough they get given more (see past scandals including Apple). It’s a given
D1. So D has then something like 400 partners making more than $1m. A lot making 0.8-1. And even more making 0.5-0.8. Distribution matters.
PwC hired the CIO from Coca Cola. These kinds of moves happen all the time. They bring in a network of peers that are ready buyers of our service offerings and for the former CIO it means locking in a sweet pension with much less effort than running all of IT for a Fortune 10 company
Keep in mind ACN is not a partnership but a publicly traded corporation.
McKinsey1, what would the career path be at making exec at one of those companies?
Keep in mind also that Deloitte has thousands of partners in the US all making near or over 7 figures. Google doesnt have thousands making that kind of money.
D1. Deloitte does Not have thousand of partners making 7 figures; just doesn’t match the business model. Give us facts please if you disagree
McK1- My statement (see above) was that there are thousands of D partners near or above 7 figures. Near or above. Sounds like you’re on board with that math.
D1, there's consevatively at least 5-10k folks at Google who make at least 400k. Most of these folks are engineers.
2 promos from entry level software engineer gets you junior partner pay 🤔
Google 1, does it only make sense to join Google’s HQ operation? There are a lot of Google openings ive seen in the DC area, but I’m not sure if the career trajectory in non-HQ locations is limited
In tech in general, you only join the field if you are in sales or engineering. Biz related jobs are better to be at HQ
@SC - all routes to leadership in the US point to SF or NY unless you’re Vint Cerf. The good news is that if you join a satellite office and perform well, Google will “call you up” and relo you when ready. Just communicate with your manager
Yes, we can afford to pay top executives from those companies - they come in at higher peer groups. It's harder to match the stock options, etc. but the pensions and post-retirement payments for life are very lucrative as well.