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Dear Partners, I am looking to move to Partner level at Deloitte and have a few queries if you can help me out with.
1. I have been told that first 2-3 years, the equity part of comp will be very low. Is it true and what might be impact of this over next few years?
2. What is the normal equity buy-in level for Partner Deloitte ? Is it 90% ?
3. Wheather Deloitte has pension scheme for Partners and what is the structure of it ?
TIA !Deloitte EY PwC KPMG
At what age did you sell your first project?
Mentor
Yes although there’s usually a deferred tax associated with it, which brings it down quite a bit.
It’s not a one time payment - you maintain capital proportionate to your equity in the firm which increases over time.
Mentor
Got it - you will but that tax deferred liability will eat most of it so don’t get too excited.
What’s the average annual % increase on equity?