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Thanks for the reply! I'm not talking about VC. I meant the promotion bonus that was just distributed in the 7/15 paycheck...
What we have a senior promotion bonus? Is that for audit only? I don't remember getting one 🤔
I'm in DC and got 2% too
KPMG does not have specific bonus like some other firms. You will be getting the regular yearly bonus which depends on a lot of things. You will be eligible for retention bonus this year which could go from 4K to 12K depending on how far you want to defer it.
Yea I'm audit in NYC
How much was your bonus OP?
I don't think there is anything like that unless OP is talking about Bravo points or Encore awards.
Sounds like OP is talking about the "bonus" we get to bridge the gap between a new title in July but no salary increase until October. AFAIK that is given to everyone, every year
@KPMG 4 got it. Yea it was about 2% of salary here in my office. Not really bridging much gap especially after tax but I guess I'm still glad to have something
Is it only for Audit people ?
2% of your annual salary right? That’s to cover the gap from senior promo 7/1 to when rates change for the new fiscal year on 10/1. So 2% would be equivalent to 8% for the year if it were paid for more than a quarter. That’s the true bump which is a good number