In light of the current layoffs, how likely are first year associates to get a raise so theyre not earning less than the new hires who have been offered 70-75k? Anyone in the know?

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OP, assuming that new hires are coming in as A1, there is no way anyone with more experience could be lower than they are coming in at. Right?

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All current employees will be put in A1 minimum. If you're a 1st year associate and you don't suck you'll at least get a2 and maybe a3.

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Well don't they have to thanks to the cohort system? God PwC is so dumb

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@OP, listen to PwC1... The cohort system solves your exact question. Unless you're getting demoted for some reason 🤔

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@pwc4 I would say yes

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Associates are getting offered 70-75?

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I'd be interested to find out. I know a lot of first year S& associates are very annoyed, and already applying to other jobs

There will be a bump, heard from partners who are in the know. They were thinking low 80s

If you came on as an experienced associate (title will no longer exist) with a master's degree do y'all suspect we will be placed at the A3 level?

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You'll make at least over 70k

Is there a big discrepancy between public and private sector associates ?

PwC1 -- I have heard from managers that given the current state of the firm, it is unlikely we shall get a raise big enough to earn more than new hires

@S&1, my understanding is that our A1s make 75. Also, they get automatic bump to A2 after CRT, not sure I understand why they are annoyed. What has always happened is that after market adjustments, cohorts 2 made same money as cohorts 1 but that gets fixed quickly after one CRT.

I came in last year and I made 73 with signing bonus what will I get this year given im at level

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