So am up for Partner promotion this year at a Big 4 and also have a non-big 4 Partner offer on hand..which one is better? Clearly big4 has advantages, but worried that first year Partner comp for an experienced MD may be significantly off from the non-big 4 offer (~$475k)!

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

600k is not close to new partner average for any firm

likefunny

In addition, a smaller % of partners retires from the firm in the year of their choice, or on the mandatory retirement date. Circumstances change of course, but barring multiple divorces, or horrific spending habits, most partners won't be poor if forced out at 53-58.

This "all new partners make a minimum of $600,000" at your firm is very much like
"leprichauns and unicorns are real". Do you have
Access to such info? No leader of a large firm is here on fishbowl making these statements.

Deal advisory. But should not be way off from other bu. The bump from md to partner is good. Get the partner title and comp, and of you are not happy you can easily move on. But again the first 5 years are great increases.

likesmart

If you perform, compensation will be good at most places. Factor in the buy-in portion as well as it varies. More important to see where you are happy and will be successful. After a certain point 50k difference in comp won’t matter that much.

helpfulfunny

It’s just not the capital requirement, look at how quickly it’s distributed. A lot of variables but when capital is anywhere from $200-$500k it can be a big difference.

like

My first year partner at big 4, 5 years ago, was at that level. So I would stay. Comp increase in first 5 years are great!

helpful

Md to partner

likefunny

Stay with Big 4. You know the people, you have a network and a bit of a safety net. Also your future earnings will be better if you perform. Lots of turnover at partner level at non big 4.

like

Look at the pension and whether you will be there to collect. Certain firms have better partner protections than others to maximize your pension.

like

Yeah the price of losing the network, non compete/clients etc will hurt you in the first few years else where. They may even give a teaser starting comp to dampen you next for a while. When I made partner in 17 I had the same number from your offer in advisory. And fast growth ever since.

like

What BU and service line? $475k sounds solid for a new partner

Accounting Consulting..

New partner at a certain big 4 is 600+

If you have spent all your life at a big 4 so far, then it may be difficult for you to adjust to a non-big 4. Good luck whatever you decide. $475K is low.

I think what K3 means is that 475K is not enough to lose out on your big4 network, career and future earnings potential

Is it the same buy in for an internal promotion as for a direct admit?

Don’t know the answer to that, but if it helps buy in for the offer was $150K..

Related Posts

Does the size of the deals you work on impact your exit opps? I'm considering a role at an MM firm (non-PA firm) and they mentioned the deals are usually in the $200M area of size, which I realize is smaller than big 4 deals

like

What should I expect salary wise as S1 in FDD Philly area?

like

When people list TC is that just base plus bonus and average equity fully vested? Or does it also include retirement contributions?

like

I am interviewing for a Sr. Program Manager role at Adobe. Glass door says ~252k. What a typical base would be? How does adobe feel in the market right now as far as layoffs and expansions?

like

I have been promised a promotion three times now, but when the time comes, I'm told I'm not there yet. Why promise something if you clearly don't want to execute it?

like

I accidentally lowballed my desired salary for senior level. I’m quite sure I’ll be receiving an offer letter. Any tactics for negotiating a higher salary?

like

Got an offer from pwc in the data privacy role.
With 13.5 Lpa currently i’m at 12 and made switch on march.
Though my current company is an mnc but not that big and no work pressure is there, amazing work life balance. However, there is little to no learning and its very slow, the project is just starting and the client itself is not clear what they want. Do you think I should switch just because its a big 4. Please help me decide. Yoe -3.5

like

How hard is it to get into an investment bank for risk? Doing market risk related work (FRM)? And what kind of salary would you be looking at from entry to associate (senior) level ?

like

Got offer supervisor associate,rank 64 for CT practice. can soneone help me understand the salary bracket and yoe for this designation?

like

0% hike 0% bonus is that PIP?

Can we ask for HR to share data n reason
Accenture" class="linkified" target="_blank" rel="nofollow" >etc.Accenture

like

I got an offer from CBA India , I want to know the kind of work, work culture and hikes. Can I expect onsite after sometime? YOE- 6 years, Technology - Salesforce vlocity developer .

like

Hello Fishes, How much Amex can offer on Product Owner role at 14 years of exp ??

like

Which one to choose among these two
1) Barclay's
2) CITI

Pay is High in CITI around 4 LPA over Barclays. Yoe - 6 (Java Full stack)

like

Does your firm regularly adjust rates? I read an article suggesting it should happen annually. Curious how regularly firms adjust attorney rates.

like

Bain & Company Hello Fishes.

What is the average CTC offered for a Research Associate with 1 year of experience in Healthcare consulting?

I'm looking forward for opportunities, hence would be great to know the current CTC trends to effectively negotiate with the employer.

Thanks in advance!

Novartis Eli Lilly and Company EY WNS Global Services ZS Associates Clarivate Analytics Bain & Company Prescient Healthcare Group Axtria Sg analytics pvt ltd Course5i Trinity Consulting

likesmart

I want to join a start up in my industry but I need to rescind a job acceptance from a more establish company. I resigned from my old job and didn’t start the new job yet. Is the non compete I signed, as part of the job offer acceptance for the position with the bigger company, enforceable if I rescind my job acceptance before I actually start a new job? I don’t think it is. I didn’t receive a sign on bonus so no additional consideration was exchanged from my understanding of my law classes.

like

When do we get the annual hike and bonus mail in Novartis and secondly whats the cutoff date for being eligible for hike

Hello, I worked 1 year as a 'Senior Data Engineer' at 110k base. I then was offered and accepted a role as 'Service Manager' at 155k base where I worked another year. Just recently accepted a 'Data Engineer' job at 155k base but with a larger company (in theory with potential to grow).

I am a Google Certified Professional Data Engineer.

Should I be earning more?

Would I earn more long term if I stayed on as Service Manager?

like

Hello friends,

Really need honest suggestions . I gor 2 offers
wns 21 fixed with variable
Capita 20 fixed

Which one should i join in terms of WLB ?plz plz respond i need to decide it today itself.

More Posts

Cant wait for the dlc so i can kick my coke and drinking habits too

Post Photo
likeupliftingfunny

Moving to LDN hopefully by November. Can anyone please suggest muslim concentrated residential areas? I would really like to stay well connected with the community.

like

I’m interviewing for a community manager role with a creative agency tomorrow. Anyone have tips specifically for CM/Strategy roles?

like

Does anyone know any companies that offer project coordinator positions in LA, California (state) or remote for undergrads or people without a bachelor’s degree? I’ve been trying to apply to one but they all require a bachelor’s degree and I’m currently an undergrad.

Any advice for moving from being a lawyer to secondary advisory or private fund groups that combine this with placement/fundraising?

like

Thoughts on GP Bullhound?

Hi Fishes.I have a H1B petition and about to get visa stamped.Petition vid for another 1 year .I need to know can Visa be transferred after interview to new employer without cancelling the Visa by current employer?

like

Has anyone’s landlord ask to come and take picture of your apartment for their insurance? Shouldn’t this be done before someone moves in?

like

Hey!
Whats the salary and package if consulting Manager in HR advisory
EY? Have an opportunity and trying to see if its worth moving for from US.

like

What's the most life changing book that you've ever read?

like

Ey Gds or Tcs
Offer of 18 fixed from ey
21 fixed from tcs?
What s better
Yoe : 9 years

like

What should be the salary slab for 9.5 years experience working as a Test lead and having good knowledge in automation testing and E2E testing?

why cts blacklist any company any idea?

like

I have two job offers, one offers a salary of 61.5k and the other job offers an hourly rate of $27.65 with $41.48 for OT, as well as Sales Incentive Compensation Plan where the annual target incentive compensation is 42.86%. In other words, I could potentially receive quarterly bonuses that add up to around $24,650. However, that bonus isn’t guaranteed according to the offer letter and is contingent on my and my clients performance. Should I take the first job or second job?

like

Itna bada bada emails send karte hey we did things in 2022 blah blah
Employee ke liye kya kiya kuch nahi🍌

likefunny
like

Anyone who wants to join me for a hike in crowder mountain over the weekend ?

like

I had one of those VERY nonproductive days today. I think I accomplished maybe an hour of billable work, even though I had a bunch of stuff to do. I just came off a 300 hour month, and unexpectedly got a continuance on a deadline on Wednesday, and it’s like all of my motivation leeched out of me at once.

like

Recently interviewed at Adobe, it was great. Even the senior designer I was connected with escalated it a lot. But then suddenly after the last interview, I haven’t heard in a week from them even after multiple follow ups. Recruiter said she will reach out on Monday, but even Tuesday passed now. Should I wait a week or move on for other offers?

like

Hi folks,

May I know if Oracle India providing technology services as well?

( Is it both Product and service based organisation?)

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