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Guys the pbb has never been great anyway. If you were sticking around for the pbb, you're doing it wrong.
Business 101 for EY management: revenue does not equal profit. When you really low ball fees across the board for new clients and end up having to accept lower fee from existing clients as a result, reality tends to come by and slap you in the face.
Read that stupid email we got yesterday afternoon
Revenues don't matter as much when you massively over hired expecting 50 billion in revenue...
It's a percentage of your base and it is based on your rating. Prior years have ranged from 2 - 11%.
Record Revenues does not require record profit.
^equal (fuck autocorrect)
Enjoy your $500 bonuses
Agreed that PBB has never been worth writing home about, but think can extrapolate this to also mean that overall raises will be lower across the board this year as well.
How do you know they're reducing PBB's already? Has the chart been distributed already?
Yeah how do you know already?
Damn, just read it. Time to leave asap
Agree with EY4..PBBs were never something to rave about
What did the email say🤔
Agreed they were never great but it was something to at least look forward too
Can someone throw a dollar figure range at me for PBBs? I'm curious to know what I have to look forward to 🙄. Or if there's no fixed range, is it calculated as a percent of your base, or what?
% of base based on your rating as long as you were at least a 3 and no independence violations.
When does pbb gets paid out?