Do partners know each other’s compensation? I see partners selling engagements for vastly different numbers b/w shorter ‘interesting’ strategy work and longer ‘boring’ transformations. Thoughts?

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A Big 4 Partner I'm friends with told me all partners in the partnership know who owns how many units, and their distribution. This was in after a front page article (accurate, insider leak) in the financial papers in my country re Big 4 Partner incomes.

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My firm we know exactly where we stand on comp and equity and have a spreadsheet of all other partners globally. Cuts down on chicanery.

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1500 people.

Definitely not equal but more justifiable (eg seniority, trailing revenue, in year revenue etc...)

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Yes - more or less

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Broadly, but we don’t disclose the list (like some law firms where every one knows to the $).

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I worked at a B4 from 2013-2015. At the time, partner level staff knew what cohorts they were all in and how many standard units they had. For example, (if I remember the terminology correctly, it's been a long time since I saw the partner level comp deck) partner level folks in Cohort A would get X units per year, Cohort B would get X + Y units per year, and so on.

The cohorts the partner level folks were in was common knowledge to each other, so a Cohort A partner would know another was a Cohort C partner, and so on.

What a generic partner didn't have access to, on the other hand, was the specific unit breakdown per partner. You could be in Cohort B and get a base of X+Y units each year, which was partner-public knowledge, but you'd been killing it in sales so got an extra Z units the next year, and so on. My understanding is that only the managing partners knew the specific comp details for the partners under them.

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At EY generally no you don't. Some partners obviously do but it's more like corporate than a partnership w transparency on what all other partners make.

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