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If you scroll down, it looks like there is in fact more to the story.

likefunny

Best comment all year

likeuplifting
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There’s nothing to see here. There are mismatches between cash collected and accrued all the time. The writer doesn’t know how Big 4 Partner math works.

likehelpful

Principal 1 - you prove my point 😀

EY has been underperforming. Add in the expense and failure to separate and of course partner income is down.

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More how?

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Did EY do layoffs? Didn’t they layoff enough?

likefunny

Nowhere near enough in the US.

likeuplifting

Yes, it goes on for a page. Some of it was not exactly accurate, though.

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lol…………………….

Eyverest?

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Was 2 years ago. Hard to know details without results.

EY has massive organization and leadership issues. I think they are due for a major restructuring similar to what Deloitte is doing right now.

Say more about the Deloitte restructuring

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Additional Posts in Partner One

PPMDs, if an employee comes to you and ask for support to join a different group within the firm and the employees ends up not getting the other role, do you typically treat them differently after (e.g., not staffing them on as many deals) / would you hold them back from promotion the following year?

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Looking for advice in context of being a EY SM that will be part of NewCo if it goes through. Would I be better off shooting for MD this year vs waiting 2-3 years for Partner?

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As a M / SM, how did you go about growing contacts outside of project work? For contacts that did not know via previous project work, how did you transition into how you (or firm) can help them?

helpful

For the Partners and really anyone in a leadership position: how do you motivate your people to take initiative? i.e. inferring next steps and taking action without waiting to be explicitly told to

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Does the concept of local and high value role exist is Deloitte, Accenture or PWC?... been consulting for 13 yrs

Executive presence - what is ONE thing that helped you the most in significantly improving your executive presence during workshops, town halls, kickoffs etc.

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Partners,

My firm is immature in guiding development planning. I have energy to accelerate to the next level of responsibility.

What evidence distinguishes an analyst as ready for the next level?

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Question for some of the senior partners on this bowl: do you mind sharing what does the the top end of partner comp look like? Is it like 2-3M annually? And how many years it took you to get there after becoming partner?

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Great discussion board

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What is base pay range for L5 at Accenture?

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What is KPMG's parental leave policy for partners versus employees (MDs and below)? Trying to plan life and figure out if it makes a difference to have a child before or after one makes partner in terms of parental leave benefits. Thanks!

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How did you find out what you want in life? Feeling lost mid-career..

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Do partners know each other’s compensation? I see partners selling engagements for vastly different numbers b/w shorter ‘interesting’ strategy work and longer ‘boring’ transformations. Thoughts?

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At Accenture, I feel that 9/ 10 MDs I see are solid business operators/ relationship developers in contrast to true value creation/ thought leadership. I enjoy creating. Ctd...

smart

PwC partners have any comments on the cohort model? A lot of complaints in PwC bowl arising from the disappointing adjustment and the constraints the model has imposed on career growth

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Partners- At what point in your career did you feel like you had financially “made it”?

likesmart

Hiya! I was wondering if anyone here has any good recommendations in terms of books or learning material that I can pick up to learn about sales and marketing relevant to the consulting industry?

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I've heard a couple of things about how the partner pension amount @ PwC is determined, both similar in approach.

Both calculations I have heard of result in an annuity paid until death, at which point a surviving spouse (if any) receives the annuity.

The first calculation I have heard is that you get 80% of your highest earning year as a partner (e.g. If your best year was $1M, you'd get $800k as an annuity).

The second calculation I have heard is that they look at your three highest earning years as a partner, and take the second highest and you get 100% of that. (e.g if your three highest earning years were $1M, $800k, and $1.2M, you'd receive $1M as an annuity).

Is ANY of this true, or just all rumor? Any PwC partners that can chime in and explain the pension plan fact for fact? Perhaps with sample numbers?

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Partners / Managing Directors: in your junior years, how did you manage not wanting to work with a Senior Mgr who consistently tries to pull you into work he is doing? (He lies, tries to make you think that he is doing you favors, etc.) Does your answer now change as a Partner / MD?

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Partners, what's been the impact to ongoing sales conversations? Do you think we're all screwed for the year?

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