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I was too because I came from a small liberal arts school rather than a big state school as KPMG prefers. I’m told we all even out over the years, but I’m worried about it under the current climate. Obviously I’m grateful for the job, but I was told to expect a 12-15% raise this year after a year of high performance and early consideration for a promotion. That’s on par with what others in my position received the year prior, so the figures checked out. However, the gap is likely to grow this year rather than shrink... associates who’ve been here less than a year longer already got the big bump and I’ll miss mine :(
It will not even out. I was in the same situation. Plan to leave within 2 years
Rising Star
I would talk to your partner with this kind of talk track: I love working here, and view this team as where I want to build my career. But I’m seeing a pretty significant compensation gap open up with calls I’m getting. I know things are tight right now, but I’d like to work with you to close the gap over the next 12-24 months. What do you think?
Obviously, I would wait until the dust settles from all this stuff in the near-term
The pay is similar depending on firm. One firm I’m working with is great for two professional homes. They don’t bill as many hours so bonuses are lower. Benefits of not being public or over levered.
I’m pretty much top of the line and a high performer compared to peers
Then you just have to ask! And bring Glassdoor etc ranges with you. But don’t ask right now unfortunately. Next year.
I was lowballed by PwC too when I came in at the same level as you. I corrected it after 2 years by leaving. Bonuses were good though while I was there.
First post. I used to work in PwC (UK), I came in from industry (post doc in a university). I wasn't aware I was on much lower pay than colleagues until a few months in. Come end of year, I raise the issue, provide stats on performance - it was dimissed and told I would be getting a typical salary raise, meanwhile the colleagues I was with go up again, so maintaining the gap. Told to like or lump it, I was gone to a better paid job within the month. PwC was shocking for lack of transparency and favouritism