Do other firms pay for graduate school? If so, how is it awarded (e.g., you are reimbursed X% over a number of years)? Are awards taxed as income or a bonus? Thanks!

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

Income and bonuses are taxed the same.

like

Sorry “grad school” = MBA

like

Thanks - how is it tax free? Isn’t any financial benefit considered income?

like

Very rare and getting rarer

Nope, except MBA.

What about medical school?

PwC has an advisory scholarship where they pay for a few people to get their MBA’s. They cover all of it and you only owe them 3 years after for it.

PwC - what are the tax implications? Do they pay for it upfront or is it reimbursed as a bonus?

OP, it's paid directly to the school (upfront). It's tax free. Appx. 15 - 20 people receive it every year and it'll cover EMBA, MBA, and PT MBA.

Source: Recipient of sponsorship

No, PwC classifies it as working condition benefit - the education is required to maintain employment and does not guarantee you a new role.

Different firms will pay out the benefit differently. Many will pay it out as a bonus over the course of 1 - 3 years.

Related Posts

Does anyone at Citi know what average merit increase and bonus are at the VP level in the Consumer Bank?

like
like

What’s the senior 1 Assurance salary in DC for your firm?

What’s the @salesforce comp package for Sr Director level position?

like

I have been offered the post of "Solution Delivery Advisor" at Deloitte. Offered CTC is 9.5 LPA fixed.
Can anyone let me know where in the MC and TC hierarchy this post falls and is this salary enough or should I ask for more?
KPMG is offering 10.7 for Associate Consultant post. Let me know what would be the smarter choice.
Current 4.4 LPA, 3 YOE.
Thanks

like

I'm considering an AGC position at a
small but growing startup. The
company is based in NY but
everyone is working remotely. I
would be 1 of 2 attorneys. Any
thoughts on what I might expect as a
comp offer and what's fair? I've been
in-house in a Director level position
for 2 years, and I have 7 total years
of experience as an attorney, mostly
doing litigation prior to moving in-
house. I'm hoping for a decent salary
boost but not sure what's
reasonable for small startups
(approx. 100 employees)

like

Hi fishes,

Please help me choose the right option considering yearly hikes, promotions and good projects.

Tech stack - SAP finance
Yoe - 8.5 years

Pwc offer - 19 fixed + variable + 1.5 lakh joining bonus
Accenture offer - 22 fixed + 0-27% variable + 1.5 lakh joining bonus

like

A recruiter recently asked me for a salary range and I said 100-125K. The recruiter returned and said we could only do 90-100, but there’s no guarantee they can do 100. I’m okay with taking a lower salary, but the range was based on what I saw on levels.fyi, glassdoor and fishbowl. The average salary for this role is 114K. I decided to move forward with the interview process, but now I’m worried that I may have asked for too much initially. Do you think I dropped the ball here?

Hi! I have an interview for a tax manager position in south Florida (2nd year). What salary range should I be asking for? I’ve looked at a few sites (Glassdoor and indeed) and the ranges are not consistent. Indeed - 98k Glassdoor - 130k. Any insight is appreciated!

like

Senior consultant salary at Booz Allen Hamilton in the healthcare sector. 2 years of experience, MHA candidate “23

like

Hi! I’m currently CoS to the CEO for a PE backed healthcare company. I currently make $140K + $25K bonus. I was CoS for 1.5 year at a nonprofit before joining this company, and have been at my current company for 1.5 years for a total of 3 years of CoS experience. I’m up for a raise this month, and curious what some of you are making for ballpark? I’m also on a COO path at my current company and was wondering if anyone else is also on that trajectory and if you have any tips? Thanks!

like

Is 90k good salary for incoming FDD analyst in Chicago? I currently have 1.5 YOE

like

Any thoughts on IR-focused Master’s programs in DC (JHU SAIS, Georgetown SFS)? Programs themselves seem very interesting and great for entry into public/nonprofit sectors. However, (cont’d)...

like

Hi all,
Any idea of what the salary is at PwC AC Kolkata for SA2?

like

Got two offers
1. Ey GDS 11lac fixed + 5% variable
Job role: 44 and designation consultant.

2. Accenture 10lac fixed +2.1 lac variable +2 lac joining bonus, Total gross for first year 14lac
Job role 10 designation senior analyst

Total experience : 3.2 yrs
Skills : Microsoft dynamics CRM Developer

Help me out to choose which one would be better as it's my first switch.

Thanks in advance

like

What is compensation like at Fisher & Phillips for a fourth year associate on the West Coast? What about in Denver? Anyone know what bonuses look like?

like

I would really appreciate some suggestions for roles that I should be applying for. I recently started my MBA though I'm still having trouble landing interviews and think I should be applying for different roles than I have been. My MBA concentration is global business, my BS was in management with a minor in professional writing. I've been working in cosmetics mainly on the customer service side, currently senior support for the CS team and have experience doing CS on social media.

like

What does it take to get the GSAP, I want to pursue MBA in one of the top universities.
I have amazing gpa already, but what will the company want other than acceptance (6months in Deloitte)

like

How is fj13 band, WIB , security in Fujitsu?
What’s the ideal package for this band for the experience of 17 yrs in solution architect role ? What could be the joining bonus sought for such grade ? Pls help

likehelpful

How t save tax for 9 lpa salary. Can anybody help me out.

like

More Posts

Hi fishes,

Anyone who switched from Big 4 global services audit career to other career like accounts/financial analyst.

Please let me know.

like
like

Does DT reimburse CPA fees if say you write your exams whilst working outside of Audit, eg Consulting , and then return to Audit after passing all courses.

like

If you could only have one more meal in Atlanta, where would you go, what would you have, and why?

like

Any recommendations for a nice SoCal AD who gives generous discount? Looking to buy my my first JLC :)

likefunny

First time poster here!

After spending 4 years as a mid-level ops manager, I tried to break into HR through talent acquisition. Now after 6 years in TA, I've had a hard time getting out of it. My goal was always to get into a more broad HRBP position, but I've since worked for smaller orgs without a solid HR career path. When I ask about my career goals, they keep telling me, "Soon!" Or "Maybe in 6 months!"

I'm testing SPHR in June. Any advice for securing the type of role I'm aiming for?

like

Hey all! Looking for referrals for tax consulting roles (ideally with emphasis on credits and incentives) in the Salt Lake City area. Appreciate any support!

like

How does one get over a retraction of offer by employer ?

like
Post Gif
like

how to tell my partner i’m leaving for B4 with a week before the end of the year?

like

Who is the highest paying for HC Strategy?

like

Anyone doing the PERM process and living more than 75 miles away from the assigned office?

like

What’s the salary band for a senior associate in pwc ac bangalore - management consulting ( Ops Transformation) ?

How much does a campus hire who joined in 2020 and is getting promoted to SA vs lateral hire earn ?

like

I've been freelancing for a while and want to enter the corporate world, but I'm not sure what to put on my resume. Do I just put a list of my assorted projects?

like

Is there tuition reimbursement at EY for wanting to get an MBA. Do they support you with helping you work towards an MBA like a Deloitte or PwC?

like

Curious to hear how are the other firms handling people that want to go back to their home countries and work from there during this time of remote working?

like

Anyone with insight on Tyson Mendes?

like

How do you deal with international suppliers? We work with a company in Mexico for school supplies and they literally stopped responding to all communications after we sent them their yearly fee. We've worked with them for 3 years so this is definitelt weird, but who should I contact in case I don't hear back from them?

like

Does anyone know anything about Camden Kelly Corporation? I am interested in a tech recruiting position they have open but don’t know much about them

like

Additional Posts in Compensation in Consulting

Can anyone provide compensation expectations for M1 in the EY Los Angeles office in the People Advisory service line. Currently 3yrs senior consultant, MBA, 8 YoE. Thanks!

like

Made M1 this year.Advisory practice. Secret to fast track SM? Utilization vs Selling work what should be the focus? Any tips who made M1 to SM within 3 years?

like

What $ increase would you need to leave a cushy $150k role, if already on leadership track/trajectory with great work life (<40 hours), perfect boss?

Has anyone switched from this and regretted it?

like

What’s the salary range for an “Advisory Manager” role at Crowe in NYC office? 8+ years of relevant work experience

like

Promotion to SC with 1. What raise and bonus can I expect ?

like

Slalom - any tips for negotiating offer? I do have another offer on the table, best way to approach?

like

Is there any information on how Biden’s student loan relief determines your salary for the $125k cut off? I just started making $130k end of January and the made $85k the year before.

What are the best consulting firms to work for in Chicago right out of undergrad based on salary and perks?

like

Are Amazon offers negotiable? Wanted to get thoughts on the offer I got: 160k base, 110k 1st year bonus, 70k second year bonus, 70 shares - this is for an L6 - any thoughts? Amazon Amazon Web Services

like

I just realized the company I am about to jump ship to doesn’t have a 401K match or any contribution programs. Would this be a deal breaker? The base salary is a 20% increase. Offer is due @ 5pm today

like

Would anyone know the salary range for a Partner Enablement Manager (PEM) role of a tech company in Los Angeles, CA? I have 10+ YOE.

like

What's a good house price to income ratio?

I understand there are lots of factors that can change this that are outside of income (such as down payment, family circumstances, etc)

But generally, how many times more should your house be worth over your income? (Min max maybe)

like

What do job hoppers do about vesting periods for 401ks and such? Unless your getting a pretty big pay bump, isn’t it always worth it to stick around for a little longer?

like

What’s a normal raise for non-promotion year in industry? I don’t work at OW anymore and literally got a 1% raise after being told that I exceeded expectations during my year-end review. Bonus was decent but am I crazy to think 1% is unacceptable? Especially given inflation.

like

I’m current with a Big 4 but interviewing with another one in hopes of getting a higher compensation. If I get the offer and bring it back to my company will they match it?

likesmart