{ "media_type": "text", "post_content": "Does EY advisory promote based on tenure just like all the big 4 audit practices? As in, you're a senior consultant for 3 years and then as long as you've been performing well you make manager.", "post_id": "56c409a33935360f000baf2b", "reply_count": 18, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
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Does EY advisory promote based on tenure just like all the big 4 audit practices? As in, you're a senior consultant for 3 years and then as long as you've been performing well you make manager.

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Unless you're aligned to a competency, have some sales metrics, done a ton of BD/proposal work and have lead a team for at least 6 months, probably not getting promoted regardless of tenure. It's hard to get promo in 1Y because you won't has as much of a network to back you up. Just my thoughts

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lol No

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No. And not sure why audit's promotion policy is relevant to us. Does Accenture promote consultants based on the same criteria it uses for receptionists?

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We have grades within our ranks. S1-S5 are all the Staff and Senior grades (so a first year senior would be graded as an S3, for example). This dictates salary band and your peer group for annual performance comparison. It suggests time within a rank, but does not dictate it. If you are a 3rd year Senior, you're an S5, if you're a 5th year Senior, you're still an S5 (and maybe a weak performer who is on the way out)

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An offer with a promotion promise seems unlikely (but I obviously don't have any evidence to say it's impossible). It might say that they are eligible for promotion in 1 year--that would feel more likely to me.

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Actually there's all the way up to S7 looking at the latest report. There's quite a few fifth year Seniors waiting for a promotion in Advisory. Also @OP, it's very strange that your friend was promised a promotion after a year. Recruiting does not make agreements like that and I hope he got it in writing. I've never seen a new experienced hire get promoted in a year, they typically have to put in some more time.

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From my understanding, you catch up to the MBA-holders over time. A non-MBA S5 would probably be somewhere around $125+, with MBAs coming in as Seniors at $140.

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Source: Friend trying to make Manager for past 2 years after his 3rd year as senior

Hahaha no, a friend of mine went to EY and said his offer included that he'd be promoted to manager after 1 year. Another person told me that meant he'd be a 5th year senior, and I took that as "oh I guess their advisory promotes how audit promotes"

Sometimes people will confuse the fact that a Senior 1 is a grade of S3, but like I said, the grades are more HR-facing tags

Oh ok, what's the salary range for an S5 (not strategy or MBA)?

Yeah I said "hope u got it in writing", he said he did, butwho knows

I defer to you, EY2, I did not know it went all the way to S7, but the same logic applies. I must say, if I was a 5th-year Senior, I'd start to wonder if this was the career for me. Is that more prevalent in ITA?

@EY1 yep, typically since we've been on a hiring binge for Seniors and Managers, there's less space for promotes and then there's the merit component... Usually the good ones make it after 2-3 years though. But there's a good amount of S7's within ITA.

@EY2 that sounds frustrating--in Strategy I don't think we have any S7s (but I may be wrong). We'd begin to counsel out at that point, I believe.

@EY1 I fully support counseling them out at the S6/S7 mark because God help them when they're trying to make it to SM. But then again, they might have had reasons for being on the scenic route, such as a LOA.

The audit promotion mechanism works in Risk, it's much more competitive to make it to manager in PI

Led** 😔

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