Does anyone else feel that FDD is lacking behind in pay, especially manager and below? My gf is S1 in tax bringing in 118k and I am in FDD S2 bringing in 111K in HCOL. I also heard that auditors are beating FDD nowadays.

Is it a myth that FDD was one of the highest paid accounting job if not the highest

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FDD pay ramped up pretty nicely from 2019-22 but overall market has been soft relative to provider capacity since 22. director level makes pretty good money that's hard to find at corporates outside of big tech

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Not that it helps you today, but audit has a much flatter comp trajectory.

I’ll make at least 150k more this year than audit start class peers that are still around. B4

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I think this is more of a public accounting issue. We don’t have this issue at A&M.

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Obviously not a fair comparison between a consulting firm and accounting firms. Totally different pricing and cost structure. If you compare A&M with MBB, A&M is average at best. The more reason why EY had the right idea of splitting up consulting and audit, just the wrong execution.

smartfunny

I’m a senior 1 with $106 in MCOL, feel like you’re definitely a bit underpaid but overall the market pay definitely has been flat for the last few years with the market, as the deals picking up I’m hoping the service line will keep up with the raise

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You must be new here lol.

1 - Deloitte audit team has been making as much or more than FDD since like 2019.

2 - FDD is widely viewed as low skill (not being mean, I DID IT, and I got TF into strategy and data, I recommend this to anyway ambitious who can ensure those hours )

3 - the market HAS BEEN BAD. They aren’t going to give good raises when there isn’t any competition to hire you.

Ultimately - assuming you’re only working for money and prestige, FDD is a dead end career that is very unrewarding in terms of compensation to sacrifice ratio. Unless you are obsessed with QoEs there’s a better way to spend your saturdays

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M1, that’s good insight so thanks for sharing. What did you exit to and how much comp?

Sounds like you’re low, not necessarily the industry…

You are materially below our S1 comp

111k in HCOL is not good. I agree

We’re talking about S2. I made 93 as s1

HCOL S1 in PwC is at 125k in FDD and EY seems to be around the same, maybe a slightly lower

M&A tax in HCOL for S1 is ~165k base, S3 ~190+ base with JD. Non-JD ~145-150ish, ~170.

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We live in simulation

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