So far I’ve seen posts about EY, KPMG, and BDO’s upcoming comp reductions. Curious if other firms have made similar announcements? Can’t imagine anyone will be immune to this, just hoping no layoffs

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

Our CEO has weekly meetings. Furloughs and comp reductions discussed. I think the length of this will determine if layoffs occur, but our firm is committed to saving jobs. Partners have taken reduced pay and others of us have volunteered to take cuts or be furloughed to save jobs.

like

Hopefully the cuts will be enough! On a positive though, seems like your CEO is trying to be transparent. I really hope that when a decision is made for our firm that they do the same

like
Recent IconRecent

There are no comp reductions at EY or KPMG. The announcements were related to year-end bonuses. BDO is the only large PA firm I know of that has instituted actual comp reductions so far.

likesmart

Yeah, that sounds similar to ours. But there are definitely some outliers popping up in the 3-5k Range (not this year of course...)

CLA took 10% off of almost every employees salary last week for the rest of 2020

like

😢

BKD has hinted at, but not clear what they are going to do. Should know by end of month

like

Next year will be a tell all also after clients end up impacted over the longer term

like

Very true

CRI just made 10-30% cuts

Thanks.

A few layoffs happened today actually, although information is still scarce and leadership hasn’t said ANYTHING. Checkout the recent posts in the Crowe bowl

Do you know if the firm is hiring? Looking to make a switch

None that I've heard of at GT yet, but I'm guessing we'll see cuts in one form or another in the upcoming weeks.

Update: in an ironic twist, I was one of the ones laid off at Crowe... 😢

Sorry to hear the news.

Related Posts

Hi everyone, I am locking for a job change . I have 8+ years of experience in hr generalist for 6 years and 2 years in knowledge management. My current package is 8.2 lakhs and expected is 12 - 15 lakhs, request you to please help me in fi ding a job in your organization

Will base jump from 120 - 145 make a significant difference in my saving? Offer has significantly less PTO and a lower 401k match. 32F with 400k saved, interested in buying a home soon in HCOL.

How much does a staff circulating nurse with 4yr level 1 trauma experience (multiple specialties but no CVOR though) make in CT? Base pay before differentials

like

Hi everyone,can anyone help me in calculating in hand salary i can expect with shared salary breakup? Provided I declare complete HRA and 1.5lakh under 80c

Post Photo
like

Posted in a different bowl but no one from tax responded. How long did it take you and what level did you reach milestone base salaries ($100k, $150k, $200k)?

like

I’m negotiating my salary, and I’m curious what a reporter/digital editorial lead makes at your company? I have 15+ years of experience in employee communications and TV news, and I live in the Seattle area. I think I’m being shortchanged bc I’m asked to do some of my previous manager’s responsibilities (he was promoted), but I’m paid as a reporter. I report to my director who reports to our SVP, and I’ve worked for this Fortune 20 company for 10 yrs. Any info would be helpful. Thank you!

like

What is the salary for internal audit executive and assistant manager at Macquarie.
YOE- 7 years.

Working at a company and they can’t seem to hold on to their female, black and people of color employees. I blinked and 3 of the people who were in my onboarding class were either fired or they left. For context I’ve been in company less than a year and there are people who have been in the company 25yrs. I’m thinking of cutting loose before it gets to my turn.

like

I am getting an offer from JPMorgan. Salary would be 15-18k plz gross monthly. I am a family of 3. Will that be sufficient salary. Please advise

smart

Hi Fishes,

If the gross CTC is more than 120K in Poland, tax will be 32% right?

Are there any other deductions apart from this?

My assumption is, we get atleast 68% of our gross. Are there any ways this can further reduce?

like

PwC Bangalore hasn’t provided the hike o promotion letter yet. Is there a way to see the performance bonus and the hike??

like

What is the average hike we can expect this year considering outside market conditions?

like

Hi fishes ,
I work with pwc ac banglore.
Will I need to pay back the joining bonus amount if i leave exactly after one year including 2 months of notice period.
Doj: 5 oct 21
Expect last working day: 5 oct 22
Expected Date of resignation: 4 aug 22

like

I am currently an EH&S/AP associate for Walmart Supple Chain. I am a team lead in the department making $31.35 an hour working Fri-Sun from 5:30-17:30 (12hr). I am interviewing for EH&S/AP manager and I am searching for how much the managers are making on here but I can’t find any post about it. If I get an offer for the manager position, how much should I ask for my salary? Please let me know how much you are making as an EHS manager and please include your company as well.

How much annual hike in citi india on average at c11 level??

like

Is 49,000 a fair starting salary for a scientist 1 with a B.S in biology in Philadelphia?

like

Hello Guys, I've recently got an offer from Nokia for Senior business analyst role and CTC is 25.5 lpa (22.5 FP+ 3 vo). I've got 9 yoe as a BA. Do you feel it's a good offer?

like

Hello fishes..How much salary to expect with 14 YOE for devops role at grade 9 in Nokia?

like

Hi all! I’ll be relocating from NYC to Orlando, FL. I was hoping to get an idea of the average salary range for outpatient pediatric clinic positions. Thanks in advance !!

like

I am a senior consultant, 5 years experience, CIO advisory. How much salary should I expect for a senior consultant role @ Deloitte France.
What other firms do you recommend for CIO Advisory?

More Posts

Anyone knows if Singapore trash collection separates waste into recyclables ? If not, how can we do it ourselves in sg?
I live in a condo FYI.

like

CA shutting down prometric, just received an email that my December date is going to be canceled.

like

Hello , i want some guidlines ,accenture vs deloitte ,which one to choose??

like

Guys how’s the innovation associate client of health care domain in persistent?
For .netcore azure developer.

like

Hi all,

My status on TCS ibegin portal changed to Evaluated on Friday 22nd October. Any idea by when I’ll be receiving my offer letter? TIA.

like

I have attended an interview last week which had both Technical and Manager Round. The next day, I got mail from a HR to upload the documents in iBegin portal and then the documents were 'Verified' later. Even after 4 days the status in iBegin portal still says as "Candidate registered against job". I am not getting any response from the HR about the current status.

Does this mean that I am rejected? I am confident that I have performed well in the interview.

like

Tata Consultancy I mailed hr reg update on offer letter and got respons like still waiting for offer letter what does it mean.

like

Bain🐠, do ANY of y’all know experienced hires that got into your firm pre-MBA (no advanced degree)? These mythical creatures, or rather unicorns that are rare but possible?

likehelpful

Hi all,
I am working as windows and vmware administrator and have 2 years of experience.
I have completed azure fundamentals certificate.
Looking for guidance on what i should learn to get a better job opportunity.

like
like

When does LTI give full and final settlement any timeline for that!

like

can someone share a screenshot of CTC breakup from wipro.

like

Hello fishes,
I have been recently cleared technical discussion round one for Accolite Digital. And my next round is supposed to be Client interview round. What type of questions can I expect? Will it also be a technical round or managerial?

Yoe 3years
Tech stack- Java, MySQL

like

Any insight on direct lending specialty finance AIP group at Milbank?

like

Hit 100k NW right as ZM sell order executed at $420!

Post Photo
likefunny

What will be the inhand salary at tcs on 10 lpa

like
like

EY GDS is hiring
DM me with requisition id
Will share the JD
Deloitte McKinsey & Company Publicis Sapient PwC KPMG Boston Consulting Group

Post Photo
like

Hello everyone,

I am looking for a job opportunity in PMO domain, currently serving notice period.
Can someone refer me?
YOE : 5

Best MBA programs to find tech start-up cofounders?

like

Additional Posts in Audit Bowl

Has anyone found a good CPE lecture or presentation on analyzing SOC-1s and mapping to controls?

Anyone here has taken the PMP certification ? Is it worth it over MBA and if you're managing projects in Advisory?

like

What’s the record for fastest PA -> Industry boomerang? Share stories

like

At what point are you too specialized to lateral to internal audit? (PA, consulting, or industry roles) Currently have 2 years of external audit experience and 2 years of forensics: I always thought of internal audit as a decent exit but I’m beginning to get worried about getting too specialized to make that move one day

like

How is your team incorporating activities with quarantine? Our tax team is hosting a virtual bingo night. Anyone’s team doing something similar? Would love some suggestions to boost morale!

like

Simple controls to automate using data analytics?

like

Let me tell you, I love the flexibility at my firm, OK pay, and I do a great job, and am comfortable pushing back when I have too much work . BUT managers are terrible at planning and recently end up putting me in preventable situations where I need to work 55 hrs or have the staff work the 55 hours. I literally cannot since I have a family and my daughter is only in day care a few hours a day, I'm already doing my max work. Is it crazy that I may want to leave Bc I hate making ppl miserable?

like

Hello.
I have the opportunity to work in Germany EY i am currently in KSA.
How is the salaries , living , etc....?
would you recommend that i move to Germany?

like

What’s good exit opportunities from public accounting? I want to leave after being a senior associate for a year. It’s not that I don’t like audit, but the hours just don’t mesh with my busy lifestyle

like

As someone who has spent 7 years in the recruitment field specifically helping those who originated in audit or partnership tax compliance I’d be happy to answer anyone’s questions! Please only those that live and work in NYC.

like

Does FSO (Financial Services Office) have the same busy season as every other industry? Is it easier or harder?

When’s a good time to jump firms?

like

Has anyone ever done evening team check-ins and found benefits to having status updates at the end of the day vs morning? Asking about this in terms of working from home on an audit. Thanks!

like

New to this. Is it typical for a firm to ask a staff to do the work of a senior for a year to show that they are ready for a promotion?

likefunny

What percentage of your peers would you estimate views and/or posts on Fishbowl at least once every few weeks?

like

Could someone explain what finance closing process is? I passed CPA and have audit experience but I don’t really understand how industry accounting cycle works :( What does it mean to close the books? Are they referring to 12/31 deadline? Do all JE have to be recorded within this date? How does one close it?

like

Busy season continues

Post Photo
likefunny

Year 1: Should I be applying for analyst roles and studying for CFA if I know I don't want to stay in audit or work on getting my CPA and wait another busy season before I apply/request for transfer?

like

Would you accept the same amount of money to leave Big4 (no salary bump)? Perks are knowing you’ll work less, more flexibility, less stress, no busy season hours etc.

like

So is being an in-charge sitting around doing stuff all day but still feeling like you got nothing done?

likefunny

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