predictions for salary % raises for ratings 3/4/5 in FSO Advisory at EY? (Thoughts as of July 1st)

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Curious to see how you all would separate the raises by rating if you had control of it. Personally think there should be more of a difference skewing higher towards 5's if you really want to keep your top talent.

like

I shake my head at EOY every year. It is too dependent on counselor and a bad one can tank you. The problem is that only other M-PPED can see how a counselor performs and only for 5 min per counselee a year. I know PPED's, SM and managers who should never be counselors but we force everything into the framework.

like
Recent IconRecent

I'll go with 4 6 and 8

No it's doesn't work like that. Some years are good and some aren't so the percentage needs to be adjusted according to how the firm performed as well as how your practice did. Then it's you against your peers (all top performer vs you top performer)

75000

5k that's why raises have to be at least 8% for a 3

What are BAP being paid starting out now?

@EY7 depends largely on location.

NY

EY2 I meant more of in a relative sense. Of course it depends on the year, but I was curious about how you all thought that limited amount might be spread.

@EY7 I want to say it's 70K

Wow that's nuts

EY7 is that high?

I don't know about compared to the other Big4, but relative to back in the early days (not THAT long ago) of the BAP, yes.

Hey EY1 I actually heard from some new starters that they're still getting 70k. Where'd you hear 75?

^last year 4s were 12.5, and they did better last year

Someone told me HR told them, could be wrong

Hmm I heard that rumor too but then heard that they were being paid 70. I think contracts must have come out in late November and stuff so we shall see what it is in reality. But if they do start at 75, then raises should be at least decent this year. I know PWC is paying 75 base for their new hires too

Also curious how much bargaining power a 5 gets you for complaining about comp. Assuming zero but would love to be told otherwise

Yeah I would think if PwC does 75 EY would have to compete.

Ratings don't really mean that much if you want to fight about comp. Renegotiation is about your billables and delivery skills more than anything else. If you have a specialization or are just really good at delivery, then you are a high earner and they will work to keep you.

As for 1-5 ratings, the system is just bad. We have the pillars so score each person against the pillar and then add them up. Even a scale of 10 would be better because a 3 to a 4 can be a huge gap at times but 4 vs 5 is typically arbitrary.

Related Posts

Can anyone tell me whats the median salary for Functional Safety Engineer? I had an offer for 140k (it was a 6 month contract position though). I will also be getting an offer internally at my current work place (which is full time) . Since full time offers more job security. I am not expecting them to match or put in an offer close to that amount, but just wanted to get an estimate.

like
like

Does Accenture give any extra days off as a result of COVID-19?

like

I recently interviewed for a small strat consulting company (energy industry). I have 3 YoE and would be moving from engineering. the HR person asked me what my salary expectations were I was caught offguard and said I would expect it to be at least what I make now (around 100k). Im now worried theyll lowball me because I really shouldve asked for 120+bonus (I think this is market rate?) But they have salary bands they follow right?So if they pay consultants 140 usually would they offer me 100k?

like

What are the pros and cons of working for Progressive Insurance as a PIP examiner?

like

Is the compensation plan editable to allocate ex gratia amount updated post promotion this September.

CL8 here..can't edit and allocate the amount to the components.

like

McKinsey Digital - anyone here in a a Consultant role who is willing to share their salary package? Currently interviewing and want to get the best possible package. Glassdoor only has info for other roles so please bear with me!

like

What is the starting salary of an Audit Manager in KGS (post revision made in Jan’22)?

like

For folks that are in the interview process, are u negotiating for best salary or just taking what you get , asking because market is slow cause of Covid.

Does anybody know if it is true that Kearney’s compensation is structured as “only” base salary with no bonus at entry level?

like

I have 2 years of experience in working with Infosys and got a offer of 8l fixed in pwc. Is it a good deal?

like

What’s the deal with work phones at KPMG? Coming from Deloitte where work phones are given.

likehelpful

Anyone from coforge kolkata location for UK based client?Coforge howz work life balance and job security in coforge.

like

How much of a percent is a senior bonus in FAAS in MCOL city?

like

Would anyone in this bowl be interested in participating in live sessions? Perhaps tips and tricks, networking, interview tips, salary negotiation, etc. as topics…

likesmarthelpful

Does AWS really only offer 2 weeks of PTO when you start?

likehelpful

Hey Fishes (Future Sharks 😎)
Can anyone guide me to prepare for interview at Bosch for AI/ML Pre-sales Consultant role.

like

Hi,
What kind yearly hike can be expected in TCS by lateral hires?? Would be great if some one can give a band wise estimate.
Also is the hike amount added to fixed components like basic and hra... or only in mva or qva components??
Appreciate your responses.

like

Anyone have any insight into Davita? Specifically the FA role? Whats it like long term, turnover rate, do you make your own hours, salary range etc? Anything would be helpful 😊

like

More Posts

Hello,

I work in Accenture for Microsoft as an Incident Manager role. How can I secure a job in Microsoft directly and get a role with my current experience in Incident Management?

Open for suggestions 😊

like

Hi Folks,

Is 27K zloty a good salary for a bachelor in Wroclaw??

YOE -17 years

How much INR we would be able to save ?? Pls share your expert opinions

Thanks in advance

like

Don't you think it's high time ppl start calculating in hand salary and how much % hike to ask n all?? I feel that's immatured behaviour when few of them ask these questions 😐
Itna padliya, coding bhi ati h, exp bhi h... Phr kyu??

likefunny

I'm an engineer, and I feel like my manager is more of a friend than anything else. We talk about our personal lives, and I feel like it's hard to be completely honest with her when she's so casual with me. I don't want to lose our friendship, but I also need to be able to talk honestly with someone who has the power to help me grow professionally. Is there a way to have both?

like

Wine tasting in Santorini. First stop: Domaine Sigalas

Post Photo
like

Happy to report: Did not fall into any honey trap at the holiday party.

like

This is Ghost💙🐶

Post Photo
likeuplifting

Why you leave? Doin is a sad.

Post Photo
likefunny

Best Andersonville restaurants? Veg friendly appreciated

This job feels like it’s killing me slowly. Physically, spiritually, emotionally. Working to stay positive and opportunistic. Anyone willing to share solutions? I want to be productive and positive.

like

Long shot - anyone know a pet sitter for this good boy for 1/20-25? Rover is coming up short.

Post Photo
like

How can I copy a formula from one sheet to another?i tried the simple Ctrl+C, Ctrl-V, but the formula refers to the old sheet.

like

Any suggestions for a formula to calculate a running count of the number of incidences in a list? For example, in a list with A, B, C, B; I want to label A = 1, then the first B =1, and first C = 1, and then the second B = 2, etc. The list is in a column and there are thousands of names. TIA for your help!

anyone looking for data engineering referrals in Novo?

What is NatWest markets gurgaon Vice president (C9 Software engineer) make and what is bonus payouts ?

like
like

Do our managers have access to our Slack conversations?

like

Hello Friends, Please help me out which paid online platform is best for java full stack developer. I have 7 years of experience in java and want to enhance my skills more. There are many in markets like:- upgrade, great learning, scaler, simplilearn and many more. Please suggest which one is best. Or anyone here joining any of these platforms yet?

Additional Posts in Consulting

Has anyone ever been on a SharePoint related project? Yes..I said SharePoint lol

like

Best consulting firms to work for in Hartford CT area?

like

Do you have to return the sign on bonus if you get laid off, sign on period (2 years) has not yet passed. I would also like to know the firm's severance policy.

like

Tips or resources on negotiating package, especially at a company that incentivizes stock ahead of base salary?

like

Got a random email from a supposed Amazon recruiter for a SDE position (which is not at all a fit). The email is amazon.com domain and there are no red flags in the body but it doesn't feel like an Amazon recruiter due to the tacky signature, etc. Has anyone seen this kind of cold-calling from FAANG recruiter?

like

Confronted client today about partner forcing us to travel while client site has travel restrictions. As a result is team is remote next week. Counting down days till I get rolled off/fired now lol

like

Bench time = ski time. Ready to get some true Slalom time in today

like

Does B4 let people go the same day as their resignation only if they’re going to a direct competitor? How about MBB or a tier 2 consulting firm?

Have people been let go immediately in case they go to FAANG or other industry firms?

like

Amazed to see how insecure/threatened these SMs feel when they figure client values ur opinion as well!

like

anyone have an airbnb promo code or coupon that they’d be willing to share or sell?

likefunny

What essential courses or books do you recommend for coming up to speed on Product Management?

like

TFW you already received an upgrade for Thursday evening from major city to a major hub 😳😳😁🙌

like

Uber Driver, you da real MVP 🏆

like

Would you take an offer at EY or Apple? Apple recruiter mentioned that there will be early morning meetings (6 or 7am), EY recruiter said WLB in EY is best for big 4.

like

Question from a newbie consultant - What are some good online courses/ books to improve consulting skills?

like

I find myself struggling the explain things with the same eloquence as my colleagues. How can I improve my consulting speak? Any recommended books?

like

TFW you look at yourself in the mirror at the hair stylist and realize your face looks like a bag of smashed assholes after too many screen hours, airport hours, and drinks...

like

Looking to move from D.C. to Tampa to work for another consulting firm and have an interview for a position. Given the lower COL, how should I go about salary negotiations?

like

Hey some help FB: had to move rooms at a Westin bc the tv was so broken they couldn't figure out how to fix it -- they were nice but is there a way I can at least get points for that and how?

like

Wonder how many people have worked for all the Big 4 firms. Considering their size there has to be someone

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal