Does EY do mid-year promotions? And if so when do they happen? Recruiter just told me raises/promotion are in effect 8/1 so wondering if there are mid year promos in the Jan timeframe

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Historically we were May for agile promotions and October for “regular” promotions. This year we have agile promotion in May and regular in August. I think going forward agile will be agile promotions in January and regular in August. For agile promotions, you get a 7.5% raise in May (will be january next year) and the remaining in August (was historically October). One thing you have to remember is that promotion decisions are made long before the promotion effective date. For example, for the promotion cycles that went into effect last October, our round tables were held in late May/early June. There were experienced hires that started in March/April who didn’t progress/promote in October because by the time we had round tables in May/June, they didn’t have a large enough volume of work to be considered for progression/promotion, so they stayed at the same rank.

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Ofc. And generally if you’re looking for a progression (ie senior 1 to senior 1), those don’t happen at the agile promotion time. It’s more so if you’re promoting ranks to senior, manager, and senior manager. My friends that got agile promoted to manager, still spent 1.5 years as a manager 1. It probably puts you in line for a sooner promotion to the next rank.

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Yeah, we do. You missed this year’s though. You can shoot for FY 23

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Thanks for clarifying EY 1 & 2!

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