Joining PwC deals next week (accepted offer early December well before comp adjustment announcements), I got the notification about the firm wide 5% comp increase but haven’t received any word about the additional deals-specific comp increase - am I not going to be included in that increase?

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Everyone is on a cohort (ie everyone makes same amount at same level) so you’ll get it. Think the additional bump (likely 10% + 5% firmwide) was only FDD valuations and cmaas

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Good to hear, thanks. Separate question but didn’t PwC move to the cohort model so they could shift comp structure a little more towards variable comp? So theoretically PwC deals is making same or more than other B4 firms salaries + much better bonus %s?

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Anyone have a new version of the cohort model? Updated with new salaries. I’ve seen the old one float around but I’m sure it’s out of date now.

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Yeah your gonna get it relax🤣🤣🤣

likefunny

Lol can’t rest til I know the bag is secured 😬

Im the same situation with you. My start date will be next month. Signed the offer on November 2021. Also received the firmwide 5% increase email. Still wait to hear back from HR about the additional 10% increase for cmaas. I’m A3 NYC.

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Your offer likely includes the 5%. New offers would most likely already included any adjustments planned.

My offer was given on 12/1, so like 3 weeks before the announcement. I got some automatic email right before Xmas saying the whole firm was increasing by 5% starting mid January (no updated offer letter bc my start date is a few days before the official change).

What level & old base? Can tell you what to expect

I only make 70…

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