KPMG has frozen salaries across the firm except for graduates and promotions but guess what? They've actually REDUCED graduate salaries by 2K effectively nullifying the inflationary pay rise given in 2022. Combined with the inflation and cost of living crisis, this is like a huge pay cut at a time when we're already living paycheck to paycheck.

As a 2 YOE grad I'm now on 37K (instead of 39K they paid out to grads last year). If you have any open roles at your firm, please DM. Tech Strategy BG.

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Year 1 was 34K, year 2 was 36K in London

likefunnyhelpful

Thanks for sharing

No, year 3 grads were paid 39K until last year - this has now been reduced to 37K. I've just started my third and final year of the graduate programme

likefunny

We (BCG) are hiring tech strategy roles. Starting salary is £55-60k for Associate and £75k for Senior Associate… feel free to DM me

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Sounds like the Deloitte salaries pre-pandemic. That’s definitely trying to force and exodus as your are now far below market rate.

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1st year C

Crazy. You could be making $130k USD as a year 2 consultant in NYC in non strategy big 4 advisory.

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Not really relevant though. Two massively different economies and way of living.

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Be happy you have a job. They laid off so many graduates at Deloitte, mostly ones less than a year tenure.

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Those salaries are lower than audit, who have 6-8 weeks of study leave per year….

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If they’re paying London auditors 28k that’s laughable. Never heard salaries that low. Bear in mind they get over time in busy season and are on months of leave.

What? Pay cut to gross salary??

Year 3? What do you get paid year 1 and 2? At Capgemini we're on 39 in year 1

Did they raise rents in CW? 36k is not survivable in London

KPMG really struggling out here

Highly suspect OP is not in London.

that’s crazy, I know EY is on 37.5 for Y1 grads now and that’s after a revision from 36 a year ago, and in 2021, it was 32.5. KPMG gotta keep up man

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How do you have a tech strategy background at KP. Do you mean you did a Sap s4 implementation

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