I was on a partner/manager call today and they were discussing the “high” turnover at the senior and experienced associate level. What was shocking is that while ours is about double normal, evidently we are 3 out of 4 in turnover meaning 2 of the Big 4 are even higher.

like
Posting as :
works at
You are currently posting as works at

Deloitte has to be #1 in turn over. 40% of our India practice in one tax service line quit in March and April.

likesmarthelpfulfunny

Wow, that’s crazy

S3, here and my raise and bonus was a big joke. I'm absolutely insulted. All leadership did was talk about it and it's laughable. My raise wasn't even close to pre covid. Bonus was a bit higher but doesn't make up for the short fall. I am really struggling to stay.

like

And that’s why.. I’m looking for another job

like

Hopefully this will create a big shift in the industry

like

There are a ton of managers including myself already seeing what’s going on with comp and saying it’s not worth it. I put in my two weeks last week.

like

EY San Francisco (Bay Area) Senior 1. There has been a mass exodus since the salary announcement last fall.

like

Haven’t seen much exodus at all in Central tax. Not more than any other year at least.

like

Anecdotally this is absolutely true. Most people have colleagues at our competitors and have some sense of what is happening across the industry.

Senior associate is a good time to exit to industry because you can easily get a pay bump and have room for upward mobility without being too expensive for the employer. We have clients literally asking us on calls if we know anyone they can hire right now.

like

Pwc leadership patted themselves on the back thinking they did a great job in raises when they screwed all the high performers and gave great raises to mediocre performers

likefunny

I guess I’m a high performer, but the last year was underwhelming. I think it’s a bit of a trick to buy into the idea the firm paid the wrong people more. In general it was an extremely strong year for the firm and many people truly had to suck it up to get us through this. I didn’t feel the love but I’m holding out some hope there will be dividends next year. If not it will be hard not to consider what else is out there.

Wild guess, but I’ll say EY and KPMG

like

Don’t believe the rumor mill KPMG1.

like

Daddy D has to be one of those two lol

like

How do they even know that

People talk. I guess they also monitor external job postings.

like

Related Posts

like

What's the paygrade in Big 4 in London at manager level in Tax - Transfer Pricing

What are some consulting companies in NY that do UX design? I know all the Big 4 & Accenture have acquired agencies, are there any smaller consulting firms that do it?

Has anyone moved from B4 to a startup biotech? Position seems really interesting but overall seems risky. They’ve only had a Series A financing

like

Is there such things as FP&A positions in Big 4? If so, are there better times to make the change than others (I.e. at senior vs manager)? I’m currently in FP&A and looking to work at a Big 4, or another company that offers the ability to move abroad. My current company and many others I know about do not offer the mobility to do so until much later, which is not what I want. Thank you.

like

What is a consultant II from protiviti equate to at a Big 4. Is that a good promotion from entry or a time table promotion ?

like

Looking for a Deloitte recruiter (or referral for bonus) in the Memphis area. Currently work for another Big 4 but am moving soon to that area. Only have two years experience. Thanks.

like

I’m starting as a Manager at one of the big 4 in 3 weeks. I left my tenure track job 4 yrs ago so I’m accustomed to non-academic work but still intimidated. Advice? Will I succeed this first year?

like

Anyone looking for opportunities in US taxation profile for Big 4 (Experience 2years+)

Pls DM me.

Does MBB provide breaks around the Christmas/NY time frame similar to B4?

likehelpful

Applying for IT Audit/Technology Risk position with MorganFranklin Consulting from EY. Anyone have experience with both Big 4 and MorganFranklin and has insight to what the advancement structure looks like at MorganFranklin? Also interested in WLB, travel expectations, etc.

like

Anyone here hop to Deloitte IT audit from another B4? How was the culture change?

like

Will we be blacklisted if we accept an offer and later decide to not join in big 4?

like

I'm about to join EY GDS SAT team as SBA - Strategy. Not from a big 4 background but from business research background.

What type of work can I expect day in day out, culture and most important the tools I'll be working upon. As in my current role we don't have exposure to tools a lot.

Any important skills one should have to excel in this role,
In my current organization there is a mandatory training culture with respect to role one is hired for. Does EY has something Similar?

Thanks!

like

Hello all, I need one advice.
I am working as SAP consultant for 3.6 years in same company now. I am going to make my first switch in one of the big 4 in SAP only.
The thing is that I don't really enjoy working in SAP. It was handed over to me when I joined my current WITCH company. Now I have decided to switch to Salesforce tech. For which I have already finished the Admin beginner part.(while staying in NP)
Please advise me if I am on the right track.

I have about four years of real estate credit/investment experience. I also started my career in public accounting and have my cpa. I’m considering looking into a B4 advisory role. Am I crazy?

like

I'm a senior in Big 4 AAS but looking to switch to a different AAS group because I'm tired of doing audit support... Would it look bad to go from one big 4 to a different advisory group after a year?

like

Has anyone left big 4 or other PA firms tax transaction service groups for industry (or know of anyone)? What was the role and salary bump, how are annual bonuses/raises in industry, what is a typical work week (hours) like? I don’t think I can take this always on just to stay afloat life much longer. For context I am considered a high performer, am near the top of the salary band at my level and have a great supporting network at Deloitte. It’s just not worth it to have zero personal life.

like

Experienced hires who have recently joined Big 4, how rough has the transition been?

like

Are there certain firms that are more accepting of Tax backgrounds entering advisory positions? I’m a CPA with a couple years regional tax experience looking to transition to advisory/deals, but have struggled getting big 4 advisory interviews even with solid recommendations.
I’ve heard there’s solid opportunities in advisory type work for some other large firms outside big 4. Has anybody made a similar transition?

like

More Posts

Anyone else hear that post-CRT partners will get fired this year in commercial advisory? How the hell does a partner get fired....

like

Feeling really low, like I'll never be able to find my person and always be alone

like

Desperate: Does Vanguard drug test its consultants before onboarding them?

like

I've been on iPhone since the 4S; came from a Droid Incredible (garbage). Had every iPhone since (currently on 7 Plus); just got a separate Android phone for work (Note 8). Color me impressed. 👍👍👍

like

Life Dinner: Why

Post Photo
funnylikeuplifting

When you #search vs #REsearch!

Post Photo
likefunny

What's the amount you generally spend while buying office clothes?

like

Does anyone get really sore when they do some powerlifting and then have to sit on a plane for 3-4 hrs? Trying to think of tips/tricks to keep from
terrible DOMS on the road

like

I am a personal injury defense attorney and I’ve never done plaintiff’s work. I have a case where I suspect the plaintiff is malingering and exaggerating his injuries. The plaintiffs attorney has sent me multiple demands for $3 million dollars and basically begged me to respond with some offer. I’ve told him the truth - my client has no interest in trying to settle if his demand remains about twenty times higher than the actual worst case (for us) jury verdict. More in comments...

like

Has anyone ever tried to work outside of AFS's typical locations (DC, SAT, STL)? I'd like to stay with AFS, but I want to move away from TX to CO. I've heard rumors that some people have been able to do this. Any experience or insight?

like

Hello folks, any credit card suggestions with good benefits and cash-back? Please advise. TIA

like

Is it worth moving just for money?

What has been the best role introduction you have heard from someone?

like

What's average salary for a QA with almost 8 yoe?

like

Can we refer interns for Mumbai office?

like

Hi everyone- Trying to get a RT-PCR scheduled in Delhi for traveling back to US. Any suggestions on where to the get test done in Delhi to get report within 24 hours?

like

OPTUM GLOBAL SOLUTIONS: 16LPA+ 12% variable + PF + 2 lakhs joining bonus (grade: 26)

CCTC: 10.5

YOE: 3.6

Tech stack: java, spring boot, microservices

Is it good offer as per market standards or do I need to renegotiate?

like

Any idea how much I should be paying to paint 1800 sq feet house interior, ceilings, trim, and doors in HCOL?

Hi everyone,

I am joining
Walmart in August. Anyone else joining in August? Please DM.

like

Additional Posts in Big 4 Gossip

Anyone else from Vialto Partners got some thoughts to share on how we can attract talent to a new company that is competing with Big Four brand and reputation as well as muscle?

like

Experienced hires who have recently joined Big 4, how rough has the transition been?

like

Word on the street about another Big4 Global Mobility practice in contact with another party … a huge deal going to happen … but who, when and how much?

like

Who can relate?

College: Adderall
Year 1 (staff): Gives up Adderall
Year 5 (senior): Starts to drink coffee (or heavily increases)
Year 10 (Senior Manager): Restarts Adderall
Year 16(PPD): TBD

likefunny

Is everyone excessively leaving at the Big 4 across the board or is it just PwC? Seems like everyone is leaving or searching.

likehelpful

Which Big 4 is the best to be at regarding work culture and benefits? Especially during these tough times.

like

Anyone ever interview for Risk & advisory Analyst position at Deloitte? What kind of scenario questions can I expect? Any insights would be really helpful!

like

I’m 25 years old, totally healthy, working from home. My parents want me to come visit for a few days given the uncertainty with the virus. Is it safe for me to visit? Both are 60 and in good health

like

I know EY early promotes had their comp discussions and was curious what other big 4’s are seeing in terms of raises this year due to covid

like

I just stop breathing whenever I get a meeting invite. What is life

likehelpful

I haven’t been at a B4 firm since 2018. Do you still require a professional certification to be promoted to Manager?

like

Anyone traveling while working remotely? If so, what are you using for internet on the road? I've tried hotels but their internet isnt compatible.

like

Global Mobility practices PwC EY Deloitte KPMG Newco Which firm will lose partners this year and why do you think so? (Or do you know so)?

like

Is it possible to take certain files with you when leaving? Is this monitored, always or focused on the end of your tenure? I’m not talking client data but maybe doc templates or certain slide decks or program code like a VBA macro.

like

I know this is small dollars, but my firm only pays $25 per months for my cell phone. We all work remotely, so using cell a lot. Is it silly for me to push for full reimbursement? Is that pretty standard?

like

Any thoughts for getting the legal benefit during open enrollment? Any success stories or benefits?

like

What’s the salary increase and VC% for Big4 Risk Advisory folks this year? Pls include:
Company
Service line
Location
Previous to current level
Previous Base Salary
Salary increase%
VC %

like

what is the starting salary for risk at Deloitte?

like
like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal