Starting a Bonus Thread. KPMG Corporate Finance paid ZERO to 90% of practice. Only few MDs hit revenue targets, as a result, no one got paid. Stay away.

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Even on a bad year most shops hit you w 20-30%

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At our shop the junior guys don’t have much variance between a bad year and a standout year.
They do almost the same amount work in either scenario and it isn’t their fault deals are/aren’t won or closed.
They get paid 70ish% in a bad year (depending on rank) and 90ish% in a great year. So TC is 120+80 or 120+100, not a huge variance.
We had a slower year and my comp will be down 50% from 2022. But I’ll have three deals close in Q1 which will be ~120% of my annual target and have a strong pipeline of others, so my 2024 pay could be 3x 2023.

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Experienced Analyst / Junior Associate

Kpmg CF in the US is a joke that’s why. In other countries, they actually close deals and get paid. It’s still not to the same level of BB/EBs but then the hours aren’t nearly as bad and job security is much better.
At senior levels the gap is bridged quite a bit, still a gap but the reasons above bridge it especially in a market like today.

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I got laid off from KPMG, as a high performer I thought I was safe. OP is right: stay away

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So like I said, not corporate finance/M&A…

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Let’s also discuss how the revenue targets were ridiculous, it sets people up to fail

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