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"post_content": "I've been looking for salaries for various position with Big 4 assurance, but information is all over the place.\nSo after some research here, reddit, goingconcern, glassdoor, etc. I've put this info together:\n\n!! The salary grid below is for Big 4 Audit, HCOL (NYC,SF), gross amounts without bonus !!\n\nOf course they can be higher or lower by a few k's on each position depending on impact tier, but I tried to look for average amounts.\nIf you have information please post it so we can update.",
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This chart is relatively accurate for audit I’d say. Specialty tax groups and advisory are about a level above that. I.e. Instead of m1 it’s S1, and you move forward from there. Most seniors start at around 100, managers at 140+, SMs at 160, and directors start around 200 in those groups.
@TA 1, specialty would be M&A tax, Int'l Tax, and SALT (only if you are a JD). In the first two groups your salary goes up with experience even if you're not a JD, since a lot of the work you do as a manager or SM is non-technical and more team management/client management.
My experience in tax:
A1 - B4 - HCOL 57,000
A2 - B4 - HCOL 60,000
S1 - B4 - HCOL 75,000 *new firm
S2 - B4 - HCOL 77,000
S3 - B4 - HCOL 80,000
M1 - T200 - MCOL 100,000 *new firm
M2 - T200 - MCOL 105,000
SM1 - T200 - MCOL 117,000
SM2 - T75 - MCOL 150,000 *new firm
Years would be 2012 to present
Wow. I’m an A2 making 60k in a HCOL city and I doubt the firm will be offering raises in 2021. Time to GTFO
Hey PWC1, although your city is HCOL it doesn't mean the firm puts it in the HCOL band (at least for PwC). For example, most big4 SF/NYC pay the most starting (and Chicago if you work at Deloitte, idk why but it's considered HCOL with only 3% less salary when rent is so much cheaper than NYC).
ALSO, I don't think this adjusts for those who start with masters vs those who don't. For example, at PwC/Deloitte if you have a MST they'll start you at 70k (NYC), and if you didn't it would be low 60s (63-64).
This was last year though, and I heard that they equal out the salary after a couple years to catch people up by senior. Essentially like the information implies, they don't want to pay seniors more than a certain range so that's why they adjust.
The going concern website has a study that is published that they post that has lows and highs for each position and service line, that is more accurate than this. Your SM numbers seem low but below that is accurate. MDs start in the mid 200’s.
I honestly doubt SM are much higher than this.. like I said maybe a few k's.. 5k max depending on rating because the higher you are the lower are the raises % wise.
What does the % refer to? Bonus?
@EY1. I just thought it was funny that it could be 1 of 2 things, and the fact you couldn’t line up the math with the adjacent percentage and make sense of it is ironic considering most of us spend many hours a day in excel. But maybe you don’t EY1, I’ll give you a pass.
I’m a M2 but technically still at M1 salary since no raise this year and I’m exactly at $105k. Risk Assurance
NYC?
Thanks for doing the ground legwork; let us keep the updates coming as the current events continue to unfold
Nice work! This is pretty close to what I was making in audit.
Seems accurate - spot on for sm2 in NYM
That’s helpful. Thankyou OP!
You r welcome! If any of you guys have other info regading Directors and Partners and bonuses please share.
Assuming all the info was from pre-covid times, how much deductions would be reasonable to convert above salary data to post-covid equivalent? Any thoughts?
Yes, all info is pre-covid.
About deduction, not sure.. few k's maybe? but also most people stayed at the same pay and who got promoted had a very small increase.
I wonder how's the market looks like on 2022