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So youre at 100k and got an offer for 115? I wouldn't take it.. How long have you been a senior at pwc? Did you promote within or come in experienced ?
By the way, I joined EY as Senior 3. All the above info is from my experience.
One last thing, if you haven't already asked for sign-on bonus, make sure you ask it before you sign the offer letter. They'll definitely give you some $$$.
Looking at growth and opportunities as well but need info from the inside on EY and their benefits (like PwC has lunch paid, cell phone, etc)
I came from industry about a year ago. 7 years of industry. I doubt I'll be manager next year but still putting my name in the hat. My initial thoughts are to see what PwC says about retaining me.
I have done extended research on this topic, and here are some tips that might help you.
1. Between EY and PwC, PwC pays more at any given level.
2. EY is more people oriented than PwC. This info came straight from people who left EY and joined PwC.
3. Average progression time is about the same at both EY and PwC.
Keeping all the above in mind, here are some observations:
1. 115 sounds about right for a Senior 3 at EY. You can/should ask for a little more.
2. EY doesn't promote a Senior to Manager the first year usually, unless you are a really strong performer. They tell you the below reasons:
- you are not familiar with the company culture
- you don't have experience at the Manager level
EY pays monthly cell phone bill.
Senior - up to $100
Manager and above - up to $150
Thanks M1 for some good info. I will be coming in as a SA2. But it brings up a good question on if I will be shunned coming in so high and not offered raises, etc. Can you elaborate on how EY is more people oriented? From what I see PwC promotes diversity, training and good feedback.
EY doesn't cover lunch expenses.
Breakfast - $15
Dinner - $50
You SHOULDN'T be making a career decision based on lunch expenses! Come on OP. You are better than that.
Some of the smaller things - PwC handles the cell phone, pays $100 towards student loans and gives $450 towards healthy lifestyle. I'm not trying to make a decision based on these small things since they don't add up to much. But like you said M1 I shouldn't make decisions on lunch. I was just trying to figure out the differences before I make a decision so I don't get blind sided
What I mean by "people oriented" is that people who worked at EY before (who are at PwC now) mentioned they felt the people/group cared for them in a better way than at PwC. That could be related to your personal development, career growth, getting you involved in PD work, etc.
However, what I felt when I heard this is that people who left EY and went there were feeling unease because of the new people/network around them.
FYI, EY pays $500 towards health benefits.
Another valid point to make you aware is that you would be at the higher end of the bandwidth for a S2. So, your hikes MIGHT be a bit lesser than your colleagues until you hit Manager level. They would actually use that against you at the year-end.
I haven't heard of anything about the student loan payments each month. You can check with the EY HR who you are in touch with.
By the way, what group/practice are you planning to join at EY?
Thanks M1. that's some great info. It would be for a practice in the real estate, hospitality, and construction group. I think the practice I'm joining and the one I am currently in would be the same. Both are very good and have great people.
Good luck OP. I'm sure you'll like it here.
M1 what practice/group are you in? They are currently at 3k for signing. Seems low but my pay is higher than most. Short term good but like you said maybe not long term.