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Are you getting offered principal role at KPMG while an SM at Deloitte? Would’ve figured you would be brought in as MD at KPMG if an SM
Wow that’s interesting. I’d take the Principal opportunity but that’s just me. In terms of comp, I think KPMG Principal is significantly more than Deloitte MD but I don’t have specifics to evaluate by year ramp over 5/10/15 years. I knew the rough ranges a few years ago and I’d say in the near term, KPMG Principal is at least $50k - $100k more per year.
Big 4s follow suit with just about everything, including comp. Equity parter at one is going to comparable to equity parter at any of the other 3. Same goes for every role level.
Total comp at equity partner is higher than MD/non eq partner in the long run, but not the short run. You’d need to do about 3-5 years to come out ahead.
Quality of life is better at MD role due to less high revenue targets.